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Quarrie Charitable Trust 2 William F Mabel & Margaret K is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1978. The principal officer is Northern Trust Co Ttee. It holds total assets of $5.1M. Annual income is reported at $774K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. The foundation primarily funds organizations in Illinois and New York. According to available records, Quarrie Charitable Trust 2 William F Mabel & Margaret K has made 12 grants totaling $1.3M, with a median grant of $151K. The foundation has distributed between $292K and $714K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $714K distributed across 6 grants. Individual grants have ranged from $6K to $175K, with an average award of $111K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Illinois and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$143K
Average Grant
$97K
Largest Grant
$143K
Based on 3 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.
Quarrie Charitable Trust 2 William F Mabel & Margaret K is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in IL, NY.
Quarrie Charitable Trust 2 William F Mabel & Margaret K has distributed a total of $1.3M across 12 grants. The median grant size is $151K, with an average of $111K. Individual grants have ranged from $6K to $175K.
Quarrie Charitable Trust 2 William F Mabel & Margaret K typically selects its grantees rather than accepting unsolicited proposals.
Quarrie Charitable Trust 2 William F Mabel & Margaret K is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| The Northern Trust Company | TRUSTEE | $48K | $0 | $48K |
Total Giving
$398K
Total Assets
$5M
Fair Market Value
$7.5M
Net Worth
$5M
Grants Paid
$324K
Contributions
N/A
Net Investment Income
$205K
Distribution Amount
$354K
Total: $4.7M
Total Grants
12
Total Giving
$1.3M
Average Grant
$111K
Median Grant
$151K
Unique Recipients
3
Most Common Grant
$175K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chicago Community TrustGENERAL | Chicago, IL | $159K | 2023 |
| Columbia-PresbyterianGENERAL | New York, NY | $159K | 2023 |
| Art Institute Of ChicagoGENERAL | Chicago, IL | $6K | 2023 |