Also known as: FARIS JR MEMORIAL TRUST FUND
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Sallie Taylor Faris And A Burton Faris Jr Memorial Trust Fund is a private trust based in LEXINGTON, KY. The foundation received its IRS ruling in 1994. The principal officer is Jpmorgan Chase Bank Na. It holds total assets of $1.1M. Annual income is reported at $116K. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Kentucky. According to available records, Sallie Taylor Faris And A Burton Faris Jr Memorial Trust Fund has made 10 grants totaling $133K, with a median grant of $11K. Individual grants have ranged from $8K to $19K, with an average award of $13K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$11K
Average Grant
$13K
Largest Grant
$19K
Based on 5 grants from the most recent 990-PF filing.
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.
Sallie Taylor Faris And A Burton Faris Jr Memorial Trust Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in KY.
Sallie Taylor Faris And A Burton Faris Jr Memorial Trust Fund has distributed a total of $133K across 10 grants. The median grant size is $11K, with an average of $13K. Individual grants have ranged from $8K to $19K.
The application deadline is THIS IS UNDECIDED AT THIS TIME. The beneficiary will execute a promissory note without interest or collateral to repay the amount given to the recipient. The obligation is moral one.
Sallie Taylor Faris And A Burton Faris Jr Memorial Trust Fund is headquartered in LEXINGTON, KY.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$35K
Total Assets
$1.1M
Fair Market Value
$1.2M
Net Worth
$1.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$31K
Total: $499K
Total Grants
10
Total Giving
$133K
Average Grant
$13K
Median Grant
$11K
Unique Recipients
4
Most Common Grant
$19K
of 2020 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of KentuckySCHOLARSHIP | Lexington, KY | $10K | 2020 |
| Northern Kentucky UniversitySCHOLARSHIP | Highland Heights, KY | $19K | 2020 |
| Centre CollegeSCHOLARSHIP | Danville, KY | $11K | 2020 |
| Eastern Kentucky UnivesitySCHOLARSHIP | Richmond, KY | $8K | 2020 |