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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. Total assets have grown from $10.5M in 2011 to $52.7M in 2023. The foundation is governed by 3 officers and trustees. 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 2020 to 2023. Grantmaking is concentrated in West Virginia. 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.
Smallest Grant
$18K
Median Grant
$50K
Average Grant
$122K
Largest Grant
$650K
Based on 16 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.
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 | N/A |
| Karen Wimmer | TRUSTEE | $0 | $0 | N/A |
| Richard G Preservati | TRUSTEE | $0 | $0 | N/A |
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 |
| Sacred Heart Catholic Church MissioPURCHASE FOOD FOR FOOD PANTRY | Northfork, WV | $50K | 2023 |
| Tender Mercies Ministry Of PctnPURCHASE FOOD FOR THOSE IN NEED | Princeton, WV | $50K | 2023 |
| Mcdowell County Commission Of AgingFUNDING FOR TRAINING & TECH CENTER | Welch, WV | $40K | 2023 |
| Green Valley-Glenwood VfdREPLACE FIRE PROTECTION GEAR | Princeton, WV | $25K | 2023 |
| Appalachian Teen ChallengeCONSTRUCTION OF MAINTENANCE FACILITY | Princeton, WV | $25K | 2023 |
| Bluefield Union MissionSECURITY WINDOWS, FOOD CARTS & FOOD | Bluefield, 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 |
| Us Conference Of CatholicCONTRIBUTION | Wheeling, WV | $500K | 2022 |
| Diocese Of Wheeling-CharlestonCONTROBUTION | Nitro, WV | $400K | 2022 |
| Princeton Rescue Squad IncCONTRIBUTION | Princeton, WV | $300K | 2022 |
| Wv University FdnCONTRIBUTION | Morgantown, WV | $250K | 2022 |
| James H Harless Fdn IncCONTRIBUTION | Gilbert, WV | $250K | 2022 |
| Childrens Hospital Pittsburg FoundationCONRIBUTION | Pittsburgh, PA | $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 |
| 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 |
| Tender Mercies MinistriesCONTRIBUTION | Princeton, WV | $50K | 2022 |
| Vietnam Veterans Of America IncCONTRIBUTION | Princeton, WV | $33K | 2022 |
| Captiva Island Property Owners Assoc IncCONTRIBUTION | Captiva, FL | $25K | 2022 |
| Sacred Heart ChurchCONTRIBUTION | Northfork, WV | $25K | 2022 |
HUNTINGTON, WV
MARTINSBURG, WV
CHARLESTON, WV