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Robert F Mccullough Endowment Trust is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2006. The principal officer is Merrill Lynch Trust Company. It holds total assets of $2.5M. Annual income is reported at $2.2M. Total assets have grown from $1.2M in 2011 to $1.6M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of religion. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Robert F Mccullough Endowment Trust has made 4 grants totaling $263K, with a median grant of $59K. Annual giving has grown from $44K in 2021 to $73K in 2024. Grantmaking activity was highest in 2023 with $118K distributed across 1 grants. Individual grants have ranged from $28K to $118K, with an average award of $66K. Grant recipients are concentrated in Mississippi. 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.
Robert F Mccullough Endowment Trust primarily funds organizations in the area of religion. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MS.
Robert F Mccullough Endowment Trust has distributed a total of $263K across 4 grants. The median grant size is $59K, with an average of $66K. Individual grants have ranged from $28K to $118K.
Robert F Mccullough Endowment Trust typically selects its grantees rather than accepting unsolicited proposals.
Robert F Mccullough Endowment Trust is headquartered in PENNINGTON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $24K | $0 | $24K |
Total Giving
$99K
Total Assets
$1.6M
Fair Market Value
$1.9M
Net Worth
$1.6M
Grants Paid
$73K
Contributions
N/A
Net Investment Income
$40K
Distribution Amount
$89K
Total: $1.5M
Total Grants
4
Total Giving
$263K
Average Grant
$66K
Median Grant
$59K
Unique Recipients
1
Most Common Grant
$118K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shady Grove Baptist ChurchGENERAL OPERATING | Bogue Chitto, MS | $73K | 2024 |