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Robert Hartwig Charitable Trust is a private trust based in CHEROKEE, IA. The foundation received its IRS ruling in 2020. The principal officer is Cherokee State Bank Trustee. It holds total assets of $2.6M. Annual income is reported at $401K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. According to available records, Robert Hartwig Charitable Trust has made 6 grants totaling $78K, with a median grant of $10K. Individual grants have ranged from $10K to $20K, with an average award of $13K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Iowa. 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 Hartwig Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IA.
Robert Hartwig Charitable Trust has distributed a total of $78K across 6 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $10K to $20K.
The application deadline is MAY 1ST. 15% of the net income of the trust shall be distributed annually to midwest christian services. 15% of the net income of the trust shall be distributed annually to one or more public schhols located with the cherokee community school district or the former aurelia community school district. The remaining 70% of the net income of the trust shall be used for student loans to eligible seniors in the pursuit of their higher education. The trustee is also refinancing current student loans for eligible students. An eligible student shall reside in the cherokee community school district as defined at the time of graduation or the former aurelia school district as defined as the aurelia school district prior to its merger with the alta school district. Students who are to be a recipient of the funds will be selected based on academic ability, citizenship and need.
Robert Hartwig Charitable Trust is headquartered in CHEROKEE, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cherokee State Bank | TRUSTEE | $16K | $0 | $33K |
Total Giving
$79K
Total Assets
$2.5M
Fair Market Value
$2.9M
Net Worth
$2.5M
Grants Paid
$47K
Contributions
N/A
Net Investment Income
$37K
Distribution Amount
$141K
Total: $979K
Total Grants
6
Total Giving
$78K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
3
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Midwest Christian ServicesPROVIDE A HOME & CHILDREN SERVICES | Peterson, IA | $20K | 2022 |
| Cherokee Comminity SchoolsEDUCATIONAL NEEDS FOR CHILDREN | Cherokee, IA | $10K | 2022 |
| Alta-Aurelia Community SchoolsEDUCATIONAL NEEDS FOR CHILDREN | Aurelia, IA | $10K | 2022 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA