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Otto And Margaret Zack Charitable Trust Tua is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2014. The principal officer is Bank Of America Na Ttee. It holds total assets of $6.9M. Annual income is reported at $1.1M. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Indiana and Michigan. According to available records, Otto And Margaret Zack Charitable Trust Tua has made 20 grants totaling $1.4M, with a median grant of $65K. Annual giving has grown from $325K in 2020 to $748K in 2022. Individual grants have ranged from $5K to $120K, with an average award of $70K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Indiana and Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$50K
Average Grant
$65K
Largest Grant
$115K
Based on 5 grants from the most recent 990-PF filing.
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.
Otto And Margaret Zack Charitable Trust Tua primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in IN, MI.
Otto And Margaret Zack Charitable Trust Tua has distributed a total of $1.4M across 20 grants. The median grant size is $65K, with an average of $70K. Individual grants have ranged from $5K to $120K.
Otto And Margaret Zack Charitable Trust Tua typically selects its grantees rather than accepting unsolicited proposals.
Otto And Margaret Zack Charitable Trust Tua is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $79K | $0 | $79K |
Total Giving
$448K
Total Assets
$6.9M
Fair Market Value
$8.1M
Net Worth
$6.9M
Grants Paid
$340K
Contributions
N/A
Net Investment Income
$195K
Distribution Amount
$387K
Total: $6.8M
Total Grants
20
Total Giving
$1.4M
Average Grant
$70K
Median Grant
$65K
Unique Recipients
10
Most Common Grant
$120K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Humane Society Laporte & Berrien CntyUNRESTRICTED GENERAL | Michigan City, IN | $120K | 2022 |
| Humane Society Of Sw MichiganUNRESTRICTED GENERAL | St Joseph, MI | $120K | 2022 |
| Michigan City Zoological SocietyUNRESTRICTED GENERAL | Michigan City, IN | $79K | 2022 |
| Laporte County Small Animal ShelterUNRESTRICTED GENERAL | La Porte, IN | $50K | 2022 |
| Animal Aid Of Southwestern MichiganUNRESTRICTED GENERAL | Saint Joseph, MI | $5K | 2022 |
| Michiana Humane SocietyUNRESTRICTED GENERAL | Michigan City, IN | $120K | 2021 |
| Humane Society Of Michigan CityUNRESTRICTED GENERAL | Michigan City, IN | $120K | 2021 |
| Humane Society Of MichiganUNRESTRICTED GENERAL | Michigan City, IN | $115K | 2020 |
| Laporte County Small AnimalUNRESTRICTED GENERAL | La Porte, IN | $50K | 2020 |
| Michigan City ZoologicalUNRESTRICTED GENERAL | Michigan City, IN | $40K | 2020 |