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Salvation Army Trust Created By Thomas F Seay 02-1124301 is a private trust based in PO BOX CHICA, IL. The foundation received its IRS ruling in 1996. The principal officer is Grace Allison Northern Trust Co. It holds total assets of $1M. Annual income is reported at $367K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Salvation Army Trust Created By Thomas F Seay 02-1124301 has made 3 grants totaling $194K, with a median grant of $55K. Annual giving has decreased from $110K in 2022 to $85K in 2023. Individual grants have ranged from $55K to $85K, with an average award of $65K. Grant recipients are concentrated in Illinois. 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.
Salvation Army Trust Created By Thomas F Seay 02-1124301 primarily funds organizations in the area of human services. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IL.
Salvation Army Trust Created By Thomas F Seay 02-1124301 has distributed a total of $194K across 3 grants. The median grant size is $55K, with an average of $65K. Individual grants have ranged from $55K to $85K.
Salvation Army Trust Created By Thomas F Seay 02-1124301 typically selects its grantees rather than accepting unsolicited proposals.
Salvation Army Trust Created By Thomas F Seay 02-1124301 is headquartered in PO BOX CHICA, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Northern Trust Company | TRUSTEE | $14K | $0 | $14K |
Total Giving
$105K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1.1M
Grants Paid
$85K
Contributions
N/A
Net Investment Income
$26K
Distribution Amount
$58K
Total: $983K
Total Grants
3
Total Giving
$194K
Average Grant
$65K
Median Grant
$55K
Unique Recipients
1
Most Common Grant
$55K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Salvation ArmyGENERAL | Chicago, IL | $85K | 2023 |