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Richard Adams Char Foundation Trust is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2019. The principal officer is Chris Gillespie. It holds total assets of $564K. Annual income is reported at $215K. 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 2020 to 2023. According to available records, Richard Adams Char Foundation Trust has made 8 grants totaling $88K, with a median grant of $8K. The foundation has distributed between $15K and $33K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $33K distributed across 2 grants. Individual grants have ranged from $5K to $25K, with an average award of $11K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in North Carolina. 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.
Richard Adams Char Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NC.
Richard Adams Char Foundation Trust has distributed a total of $88K across 8 grants. The median grant size is $8K, with an average of $11K. Individual grants have ranged from $5K to $25K.
Richard Adams Char Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Richard Adams Char Foundation Trust is headquartered in SAINT LOUIS, MO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $8K | $0 | $8K |
Total Giving
$28K
Total Assets
$579K
Fair Market Value
$681K
Net Worth
$579K
Grants Paid
$17K
Contributions
$99K
Net Investment Income
$125K
Distribution Amount
$26K
Total: $101K
Total Grants
8
Total Giving
$88K
Average Grant
$11K
Median Grant
$8K
Unique Recipients
3
Most Common Grant
$8K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wake Forest University Health SciencesGENERAL OPERATING | Winstonsalem, NC | $12K | 2023 |
| Mitchell Community CollegeGENERAL OPERATING | Statesville, NC | $5K | 2023 |
| Mitchell Community College Foundation AnGENERAL OPERATING | Statesville, NC | $8K | 2022 |