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Also known as: CHARITABLE TRUST
Richard And Margaret Romano Charitable Trust is a private trust based in EVANSTON, IL. The foundation received its IRS ruling in 2006. It holds total assets of $6.8M. Annual income is reported at $5.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Richard And Margaret Romano Charitable Trust has made 3 grants totaling $1.6M, with a median grant of $510K. Annual giving has decreased from $1M in 2022 to $605K in 2023. Individual grants have ranged from $510K to $605K, with an average award of $542K. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
Richard And Margaret Romano Charitable Trust 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 FL.
Richard And Margaret Romano Charitable Trust has distributed a total of $1.6M across 3 grants. The median grant size is $510K, with an average of $542K. Individual grants have ranged from $510K to $605K.
Richard And Margaret Romano Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Richard And Margaret Romano Charitable Trust is headquartered in EVANSTON, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kathryn R Mayer | TRUSTEE | $8K | $0 | $8K |
| James D Romano | TRUSTEE | $0 | $0 | $0 |
| Natalie Romano | TRUSTEE | $0 | $0 | $0 |
| Joseph Rv Romano | TRUSTEE | $0 | $0 | $0 |
| Robert S Mayer | TRUSTEE | $0 | $0 | $0 |
Total Giving
$646K
Total Assets
$5.7M
Fair Market Value
$7.2M
Net Worth
$5.7M
Grants Paid
$605K
Contributions
$1.2M
Net Investment Income
$218K
Distribution Amount
$331K
Total: $5.6M
Total Grants
3
Total Giving
$1.6M
Average Grant
$542K
Median Grant
$510K
Unique Recipients
1
Most Common Grant
$510K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schwab Charitable FundDONOR-ADVISED FUND | Orlando, FL | $605K | 2023 |
| Vanessa Romano |
| TRUSTEE |
| $0 |
| $0 |
| $0 |
| Richard C Romano | TRUSTEE | $0 | $0 | $0 |
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