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Preservati Family Charitable Trust Foundation is a private trust based in PRINCETON, WV. The foundation received its IRS ruling in 2009. The principal officer is % Arnold D Lively Cpa. It holds total assets of $55M. Annual income is reported at $21.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Preservati Family Charitable Trust Foundation has made 54 grants totaling $8.7M, with a median grant of $50K. Annual giving has decreased from $5.8M in 2022 to $2.9M in 2023. Individual grants have ranged from $10K to $2.1M, with an average award of $161K. The foundation has supported 30 unique organizations. The foundation primarily supports organizations in West Virginia, Florida, Pennsylvania, which account for 93% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Preservati Family Charitable Trust Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 54 grants. Its grantmaking reaches organizations primarily in WV, FL, PA.
Preservati Family Charitable Trust Foundation has distributed a total of $8.7M across 54 grants. The median grant size is $50K, with an average of $161K. Individual grants have ranged from $10K to $2.1M.
Preservati Family Charitable Trust Foundation typically selects its grantees rather than accepting unsolicited proposals.
Preservati Family Charitable Trust Foundation is headquartered in PRINCETON, WV. While based in WV, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nicholas S Preservati | TRUSTEE | $0 | $0 | $0 |
| Karen Wimmer | TRUSTEE | $0 | $0 | $0 |
| Richard G Preservati | TRUSTEE | $0 | $0 | $0 |
Total Giving
$3.1M
Total Assets
$52.7M
Fair Market Value
$66.1M
Net Worth
$52.7M
Grants Paid
$2.9M
Contributions
$2.9M
Net Investment Income
$3.5M
Distribution Amount
$2.9M
Total: $45.7M
Total Grants
54
Total Giving
$8.7M
Average Grant
$161K
Median Grant
$50K
Unique Recipients
30
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schwab CharitableDONOR ADVISED ACCOUNT | Orlando, FL | $2.1M | 2023 |
| Smile Train100% FREE CLEFT REPAIR SURGERY | New York, NY | $253K | 2023 |
| Operation Smile IncCLEFT PALATE SURGERY AND CARE | Virginia Beach, VA | $250K | 2023 |
| Catholic Charites Of WvTO OFFER HELP TO THOSE IN NEED | Princeton, WV | $50K | 2023 |
| Tender Mercies Ministry Of PctnPURCHASE FOOD FOR THOSE IN NEED | Princeton, WV |
| $50K |
| 2023 |
| Sacred Heart Catholic Church MissioPURCHASE FOOD FOR FOOD PANTRY | Northfork, WV | $50K | 2023 |
| Mcdowell County Commission Of AgingFUNDING FOR TRAINING & TECH CENTER | Welch, WV | $40K | 2023 |
| Bluefield Union MissionSECURITY WINDOWS, FOOD CARTS & FOOD | Bluefield, WV | $25K | 2023 |
| Green Valley-Glenwood VfdREPLACE FIRE PROTECTION GEAR | Princeton, WV | $25K | 2023 |
| Greenview United Methodist ChurchREPLACE ROOF ON FELLOWSHIP HALL | Princeton, WV | $25K | 2023 |
| Warm A Heart Give A BedPROVIDE MEAKS AND CLOTHING FOR NEEDY | Princeton, WV | $25K | 2023 |
| Appalachian Teen ChallengeCONSTRUCTION OF MAINTENANCE FACILITY | Princeton, WV | $25K | 2023 |
| Us Conference Of CatholicCONTRIBUTION | Wheeling, WV | $500K | 2022 |
| Diocese Of Wheeling-CharlestonCONTROBUTION | Nitro, WV | $400K | 2022 |
| Princeton Rescue Squad IncCONTRIBUTION | Princeton, WV | $300K | 2022 |
| Childrens Hospital Pittsburg FoundationCONRIBUTION | Pittsburgh, PA | $250K | 2022 |
| James H Harless Fdn IncCONTRIBUTION | Gilbert, WV | $250K | 2022 |
| Wv University FdnCONTRIBUTION | Morgantown, WV | $250K | 2022 |
| Childrens Home Society Of WvCONTRIBUTION | Charleston, WV | $150K | 2022 |
| Mcdowell County Comm On AgingCONTRIBUTION | Welch, WV | $150K | 2022 |
| Shriners Hospital For ChildrenCONTRIBUTION | Lexington, KY | $100K | 2022 |
| Jonathan Powell Hope FdnCONTRIBUTION | Princeton, WV | $100K | 2022 |
| Tender Mercies MinistriesCONTRIBUTION | Princeton, WV | $50K | 2022 |
| Bob Bishop Mem ScholarshipCONTRIBUTION | Northfork, WV | $50K | 2022 |
| Catholic Charities Wv IncCONTRIBUTION | Princeton, WV | $50K | 2022 |
| Food For The Poor IncCONTRIBUTION | Coconut Creek, FL | $50K | 2022 |
| Vietnam Veterans Of America IncCONTRIBUTION | Princeton, WV | $33K | 2022 |
| Fish Of Sanibel-Captiva IncCONTRIBUTION | Sanibel, FL | $25K | 2022 |
| Sacred Heart ChurchCONTRIBUTION | Northfork, WV | $25K | 2022 |
| Captiva Island Property Owners Assoc IncCONTRIBUTION | Captiva, FL | $25K | 2022 |
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