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Renate Hofmann Article 3 Charitable Trust 1874860 is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1997. The principal officer is Jp Morgan Services Inc.. It holds total assets of $2.9M. Annual income is reported at $658K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of arts & culture. 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 New York. According to available records, Renate Hofmann Article 3 Charitable Trust 1874860 has made 9 grants totaling $454K, with a median grant of $50K. Annual giving has grown from $150K in 2020 to $304K in 2022. Individual grants have ranged from $50K to $52K, with an average award of $50K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$50K
Median Grant
$50K
Average Grant
$51K
Largest Grant
$52K
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.
Renate Hofmann Article 3 Charitable Trust 1874860 primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in NY.
Renate Hofmann Article 3 Charitable Trust 1874860 has distributed a total of $454K across 9 grants. The median grant size is $50K, with an average of $50K. Individual grants have ranged from $50K to $52K.
Renate Hofmann Article 3 Charitable Trust 1874860 typically selects its grantees rather than accepting unsolicited proposals.
Renate Hofmann Article 3 Charitable Trust 1874860 is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jp Morgan Chase Bank N A | TRUSTEE | $44K | $0 | $44K |
Total Giving
$206K
Total Assets
$3M
Fair Market Value
$3.4M
Net Worth
$3M
Grants Paid
$160K
Contributions
N/A
Net Investment Income
$264K
Distribution Amount
$167K
Total: $2.8M
Total Grants
9
Total Giving
$454K
Average Grant
$50K
Median Grant
$50K
Unique Recipients
5
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Indiespace IncGENERAL | Astoria, NY | $52K | 2022 |
| Nami Nyc MetroGENERAL | New York, NY | $50K | 2022 |
| Fountain House IncGENERAL SUPPORT | New York, NY | $50K | 2022 |
| Graham WindhamGENERAL SUPPORT | New York, NY | $50K | 2020 |
| Henry Street SettlementGENERAL SUPPORT | New York, NY | $50K | 2020 |