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Robert L Mccarthy Charitable Trust is a private trust based in LAKE ST LOUIS, MO. The foundation received its IRS ruling in 2021. The principal officer is % Jeanne Besselsen. It holds total assets of $9M. Annual income is reported at $2.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Robert L Mccarthy Charitable Trust has made 7 grants totaling $8.1M, with a median grant of $1M. Annual giving has decreased from $3.1M in 2021 to $1M in 2023. Grantmaking activity was highest in 2022 with $4M distributed across 2 grants. Individual grants have ranged from $500K to $2M, with an average award of $1.2M. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Missouri. Contributions to this foundation are tax-deductible.
Robert L Mccarthy Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in MO.
Robert L Mccarthy Charitable Trust has distributed a total of $8.1M across 7 grants. The median grant size is $1M, with an average of $1.2M. Individual grants have ranged from $500K to $2M.
Robert L Mccarthy Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Robert L Mccarthy Charitable Trust is headquartered in LAKE ST LOUIS, MO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Danielle Mccarthy | TRUSTEE | $0 | $0 | $0 |
| Elizabeth Mccarthy | TRUSTEE | $0 | $0 | $0 |
| Jeanne Besselsen | TRUSTEE | $0 | $0 | $0 |
Total Giving
$1.1M
Total Assets
$11.9M
Fair Market Value
$12M
Net Worth
$11.9M
Grants Paid
$1M
Contributions
$0
Net Investment Income
$308K
Distribution Amount
$563K
Total: $5.5M
Total Grants
7
Total Giving
$8.1M
Average Grant
$1.2M
Median Grant
$1M
Unique Recipients
5
Most Common Grant
$1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Maryville UniversityGENERAL SCHOLARSHIP FUND TO AID IN THE RECRUITMENT AND RETENTION OF NURSING STUDENTS | St Louis, MO | $1M | 2023 |
| Cardinal Glennon Children'S Hospital FoundationENDOWED FUND TO SUPPORT READING, LITERACY, AND EDUCATION PROGRAMS | Saint Louis, MO | $2M | 2022 |
| St Louis University High SchoolACADEMIC SCHOLORSHIP PROGRAMS | St Louis, MO | $1M | 2021 |
| St Louis UniversityACADEMIC SCHOLORSHIP PROGRAMS | St Louis, MO | $1M | 2021 |
| Loyola AcademyACADEMIC SCHOLORSHIP PROGRAMS | St Louis, MO |
| $500K |
| 2021 |
SAINT LOUIS, MO
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