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Parsen E M Charitable Tua is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2009. The principal officer is Wells Fargo Bank Na. It holds total assets of $10.1M. Annual income is reported at $5.3M. 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 2018 to 2023. According to available records, Parsen E M Charitable Tua has made 6 grants totaling $1.7M, with a median grant of $297K. The foundation has distributed between $480K and $594K annually from 2020 to 2022. Individual grants have ranged from $240K to $297K, with an average award of $278K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Florida and Illinois. 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.
Parsen E M Charitable Tua primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in FL, IL.
Parsen E M Charitable Tua has distributed a total of $1.7M across 6 grants. The median grant size is $297K, with an average of $278K. Individual grants have ranged from $240K to $297K.
Parsen E M Charitable Tua typically selects its grantees rather than accepting unsolicited proposals.
Parsen E M Charitable Tua is headquartered in SAINT LOUIS, MO. While based in MO, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $113K | $0 | $113K |
Total Giving
$585K
Total Assets
$9.8M
Fair Market Value
$13.2M
Net Worth
$9.8M
Grants Paid
$450K
Contributions
N/A
Net Investment Income
$196K
Distribution Amount
$602K
Total: $7.1M
Total Grants
6
Total Giving
$1.7M
Average Grant
$278K
Median Grant
$297K
Unique Recipients
2
Most Common Grant
$297K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Salvation ArmyGENERAL OPERATING | Hoffman Estates, IL | $240K | 2022 |
| Shriners Hospitals For ChildrenGENERAL OPERATING | Tampa, FL | $240K | 2022 |