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Richard D Carmel Char Remainder Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2000. The principal officer is Fleet National Bank. It holds total assets of $822K. Annual income is reported at $178K. 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. The foundation primarily funds organizations in Massachusetts, New York and Connecticut. According to available records, Richard D Carmel Char Remainder Trust has made 17 grants totaling $77K, with a median grant of $1K. Annual giving has grown from $35K in 2021 to $43K in 2022. Individual grants have ranged from $976 to $25K, with an average award of $5K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Massachusetts and New York and Connecticut. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$5K
Largest Grant
$25K
Based on 9 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.
Richard D Carmel Char Remainder Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in MA, NY, CT.
Richard D Carmel Char Remainder Trust has distributed a total of $77K across 17 grants. The median grant size is $1K, with an average of $5K. Individual grants have ranged from $976 to $25K.
Richard D Carmel Char Remainder Trust typically selects its grantees rather than accepting unsolicited proposals.
Richard D Carmel Char Remainder Trust is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $12K | $0 | $12K |
Total Giving
$57K
Total Assets
$807K
Fair Market Value
$807K
Net Worth
$807K
Grants Paid
$39K
Contributions
N/A
Net Investment Income
$9K
Distribution Amount
$42K
Total: $834K
Total Grants
17
Total Giving
$77K
Average Grant
$5K
Median Grant
$1K
Unique Recipients
9
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gateway Regional SchoolUNRESTRICTED GENERAL | Huntington, MA | $25K | 2022 |
| Town Of HuntingtonUNRESTRICTED GENERAL | Huntington, MA | $5K | 2022 |
| Holy Family ParishUNRESTRICTED GENERAL | Russell, MA | $5K | 2022 |
| Boston University Alumni AssocUNRESTRICTED GENERAL | Boston, MA | $3K | 2022 |
| Huntington Public LibraryUNRESTRICTED GENERAL | Huntington, MA | $1K | 2022 |
| Holy Family Passionist Retreat CtrUNRESTRICTED GENERAL | West Hartford, CT | $1K | 2022 |
| Sevenars Concerts IncUNRESTRICTED GENERAL | New York, NY | $1K | 2022 |
| Huntington Evangelical ChurchUNRESTRICTED GENERAL | Huntington, MA | $1K | 2022 |
| Historical Soc-TownhuntingtonUNRESTRICTED GENERAL | Huntington, MA | $1K | 2022 |