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Robert H And Eleanor S Heald Trust is a private corporation based in CAMDEN, ME. The foundation received its IRS ruling in 1995. The principal officer is Rendle A Jones Trustee. It holds total assets of $1.5M. Annual income is reported at $450K. Total assets have grown from $1M in 2011 to $1.4M in 2023. The foundation is governed by 1 officer or trustee. Per the wills of the decedents, as amended in 2001 by the knox county probate court, income earned on investments is distributed to local charitable purposes as follows: people's united methodist church in union, me receives funding for local needs; the town of union scholarship committee receives funding for robert & eleanor heald scholarship fund, which awards scholarships to high school students who are residents of union, me; union historical society receives funding for general operations; and vose library in union, me receives funding for library operations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Maine. According to available records, Robert H And Eleanor S Heald Trust has made 16 grants totaling $347K, with a median grant of $21K. The foundation has distributed between $72K and $191K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $191K distributed across 8 grants. Individual grants have ranged from $11K to $37K, with an average award of $22K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
Smallest Grant
$13K
Median Grant
$19K
Average Grant
$21K
Largest Grant
$32K
Based on 4 grants from the most recent 990-PF filing.
Per the wills of the decedents, as amended in 2001 by the knox county probate court, income earned on investments is distributed to local charitable purposes as follows: people's united methodist church in union, me receives funding for local needs; the town of union scholarship committee receives funding for robert & eleanor heald scholarship fund, which awards scholarships to high school students who are residents of union, me; union historical society receives funding for general operations; and vose library in union, me receives funding for library operations.
Expenses: $104K
Per the wills of the decedents, as amended in 2001 by the knox county probate court, income earned on investments is distributed to local charitable purposes as follows: people's united methodist church in union, me receives funding for local needs; the town of union scholarship committee receives funding for robert & eleanor heald scholarship fund, which awards scholarships to high school students who are residents of union, me; union historical society receives funding for general operations; and vose library in union, me receives funding for library operations. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in ME.
Robert H And Eleanor S Heald Trust has distributed a total of $347K across 16 grants. The median grant size is $21K, with an average of $22K. Individual grants have ranged from $11K to $37K.
Robert H And Eleanor S Heald Trust typically selects its grantees rather than accepting unsolicited proposals.
Robert H And Eleanor S Heald Trust is headquartered in CAMDEN, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rendle A Jones | TRUSTEE | $18K | $0 | $18K |
Total Giving
$93K
Total Assets
$1.4M
Fair Market Value
$2.1M
Net Worth
$1.4M
Grants Paid
$72K
Contributions
N/A
Net Investment Income
$83K
Distribution Amount
$92K
Total: $804K
Total Grants
16
Total Giving
$347K
Average Grant
$22K
Median Grant
$21K
Unique Recipients
4
Most Common Grant
$22K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Town Of Union Scholarship CommitteeSCHOLARSHIPS FOR UNION RESIDENTS | Union, ME | $28K | 2023 |
| People'S United Methodist ChurchLOCAL NEEDS WITHIN UNION, ME | South Thomaston, ME | $17K | 2023 |
| Vose LibraryLIBRARY OPERATIONS | Union, ME | $17K | 2023 |
| Union Historical SocietyORGANIZATIONAL OPERATIONS | Union, ME | $11K | 2023 |