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Sbmt Charitable Trust is a private trust based in PALM BCH GDNS, FL. The foundation received its IRS ruling in 1999. The principal officer is % Daniel J Trunk Ttee. It holds total assets of $2.8M. Annual income is reported at $864K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Sbmt Charitable Trust has made 15 grants totaling $280K, with a median grant of $20K. Annual giving has decreased from $180K in 2022 to $100K in 2023. Individual grants have ranged from $10K to $20K, with an average award of $19K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in New York, Kentucky, District of Columbia, which account for 87% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Sbmt Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in NY, KY, DC.
Sbmt Charitable Trust has distributed a total of $280K across 15 grants. The median grant size is $20K, with an average of $19K. Individual grants have ranged from $10K to $20K.
Sbmt Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Sbmt Charitable Trust is headquartered in PALM BCH GDNS, FL. While based in FL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel J Trunk | TRUSTEE-ADVISOR | $0 | $0 | $0 |
| Jessica S Raia | TRUSTEE-ADVISOR | $0 | $0 | $0 |
| John B Benton | TRUSTEE-ADVISOR | $0 | $0 | $0 |
Total Giving
$130K
Total Assets
$2.7M
Fair Market Value
$3.2M
Net Worth
$2.7M
Grants Paid
$100K
Contributions
$0
Net Investment Income
$92K
Distribution Amount
$149K
Total Grants
15
Total Giving
$280K
Average Grant
$19K
Median Grant
$20K
Unique Recipients
6
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Piarist SchoolPROVIDE FINANCIAL SUPPORT | Martin, KY | $20K | 2023 |
| World Central KitchenPROVIDE FINANCIAL SUPPORT | Washington, DC | $20K | 2023 |
| Razom For UkrainePROVIDE FINANCIAL SUPPORT | New York, NY | $20K | 2023 |
| Doctors Without BordersPROVIDE FINANCIAL SUPPORT | New York, NY | $20K | 2023 |
| Entertainment Community FundPROVIDE FINANCIAL SUPPORT | New York, NY | $20K | 2023 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| Boca Helping HandsPROVIDE FINANCIAL SUPPORT | Boca Raton, FL | $10K | 2022 |
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