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Putnam Foundation Trust P-09237 is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 2017. The principal officer is Jp Morgan Services Inc.. It holds total assets of $12.7M. Annual income is reported at $2.3M. 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 2017 to 2023. According to available records, Putnam Foundation Trust P-09237 has made 3 grants totaling $2.3M, with a median grant of $766K. The foundation has distributed between $712K and $783K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $783K distributed across 1 grants. Individual grants have ranged from $712K to $783K, with an average award of $754K. Grant recipients are concentrated in California. 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.
Putnam Foundation Trust P-09237 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CA.
Putnam Foundation Trust P-09237 has distributed a total of $2.3M across 3 grants. The median grant size is $766K, with an average of $754K. Individual grants have ranged from $712K to $783K.
Putnam Foundation Trust P-09237 typically selects its grantees rather than accepting unsolicited proposals.
Putnam Foundation Trust P-09237 is headquartered in CHICAGO, IL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jp Morgan Chase Bank N A | TRUSTEE | $112K | $0 | $112K |
Total Giving
$902K
Total Assets
$13M
Fair Market Value
$14.9M
Net Worth
$13M
Grants Paid
$766K
Contributions
N/A
Net Investment Income
$1.1M
Distribution Amount
$684K
Total: $11.6M
Total Grants
3
Total Giving
$2.3M
Average Grant
$754K
Median Grant
$766K
Unique Recipients
1
Most Common Grant
$712K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Timken Museum Of ArtGENERAL | San Diego, CA | $766K | 2023 |