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Otis & Emma Terrell Endowment Fund Mercantile Trust Company Ttee is a private corporation based in MILWAUKEE, WI. The foundation received its IRS ruling in 0000. It holds total assets of $1M. Annual income is reported at $225K. Total assets have grown from $697K in 2011 to $1.1M in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. According to available records, Otis & Emma Terrell Endowment Fund Mercantile Trust Company Ttee has made 3 grants totaling $152K, with a median grant of $61K. Annual giving has grown from $16K in 2022 to $76K in 2024. Individual grants have ranged from $16K to $76K, with an average award of $51K. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Otis & Emma Terrell Endowment Fund Mercantile Trust Company Ttee is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NC.
Otis & Emma Terrell Endowment Fund Mercantile Trust Company Ttee has distributed a total of $152K across 3 grants. The median grant size is $61K, with an average of $51K. Individual grants have ranged from $16K to $76K.
Otis & Emma Terrell Endowment Fund Mercantile Trust Company Ttee typically selects its grantees rather than accepting unsolicited proposals.
Otis & Emma Terrell Endowment Fund Mercantile Trust Company Ttee is headquartered in MILWAUKEE, WI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Us Bank N A | TRUSTEE | $20K | $0 | $20K |
Total Giving
$98K
Total Assets
$1.1M
Fair Market Value
$1.4M
Net Worth
$1.1M
Grants Paid
$76K
Contributions
N/A
Net Investment Income
$228K
Distribution Amount
$61K
Total: $1.1M
Total Grants
3
Total Giving
$152K
Average Grant
$51K
Median Grant
$61K
Unique Recipients
1
Most Common Grant
$16K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Masonic Home For Children At OxfordGENERAL OPERATING | Oxford, NC | $76K | 2024 |