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Richard & Florence Craddock Gusman Trust is a private trust based in BAY CITY, TX. The foundation received its IRS ruling in 1989. It holds total assets of $847K. Annual income is reported at $138K. THE TRUST DISTRIBUTES INCOME EACH YEAR TO THE ORGANIZA- TIONS LISTED ON THE SCHEDULE ATTACHED TO PART I, LINE 25. According to available records, Richard & Florence Craddock Gusman Trust has made 33 grants totaling $74K, with a median grant of $627. Annual giving has grown from $22K in 2021 to $28K in 2023. Individual grants have ranged from $157 to $13K, with an average award of $2K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
THE TRUST DISTRIBUTES INCOME EACH YEAR TO THE ORGANIZA- TIONS LISTED ON THE SCHEDULE ATTACHED TO PART I, LINE 25.
Expenses: $1K
THE TRUST DISTRIBUTES INCOME EACH YEAR TO THE ORGANIZA- TIONS LISTED ON THE SCHEDULE ATTACHED TO PART I, LINE 25. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in TX.
Richard & Florence Craddock Gusman Trust has distributed a total of $74K across 33 grants. The median grant size is $627, with an average of $2K. Individual grants have ranged from $157 to $13K.
Richard & Florence Craddock Gusman Trust typically selects its grantees rather than accepting unsolicited proposals.
Richard & Florence Craddock Gusman Trust is headquartered in BAY CITY, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Percy Carroll | VICE CHAIRPE | $0 | $0 | $0 |
| Tim Hall | TRUSTEE | $0 | $0 | $0 |
| David Burkhart | TRUSTEE | $0 | $0 | $0 |
| Stewart Hutson | TRUSTEE | $0 | $0 | $0 |
| David Salidavar | TRUSTEE | $0 | $0 | $0 |
| Judy Sansing |
Total Giving
$30K
Total Assets
$846K
Fair Market Value
$1.2M
Net Worth
$846K
Grants Paid
$28K
Contributions
$0
Net Investment Income
$35K
Distribution Amount
$55K
Total: $523K
Total Grants
33
Total Giving
$74K
Average Grant
$2K
Median Grant
$627
Unique Recipients
11
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChGENERAL OPERATING FUND | Bay City, TX | $13K | 2023 |
| American Cancer SocietyGENERAL OPERATING FUND | Victoria, TX | $196 | 2023 |
| Matagorda County MuseumGENERAL OPERATING FUND | Bay City, TX | $7K | 2023 |
| Southwestern UniversitySCHOLARSHIP FUND | Georgetown, TX | $2K | 2023 |
| Bay City Library AssnENDOWMENT FUND |
BOSTON, MA
SAN FRANCISCO, CA
LAWRENCE, KS
BOSTON, MA
BOSTON, MA
| TRUSTEE |
| $0 |
| $0 |
| $0 |
| Troy Hatchett | CHAIRPERSON | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Bay City, TX |
| $2K |
| 2023 |
| Bay City Little League AssocGENERAL OPERATING FUND | Bay City, TX | $843 | 2023 |
| Bay City Volunteer Fire DGENERAL OPERATING FUND | Bay City, TX | $843 | 2023 |
| Matagorda County Fair & Livestock AGENERAL OPERATING FUND | Bay City, TX | $562 | 2023 |
| Methodist Home OrphanageGENERAL OPERATING FUND | Waco, TX | $562 | 2023 |
| Bay City 100 ClubGENERAL OPERATING FUND | Bay City, TX | $224 | 2023 |
| United Way AgenciesGENERAL OPERATING FUND | Bay City, TX | $196 | 2023 |
HOUSTON, TX
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