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Susan F Laffer Trust 01-5-06313-0 Nect is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 1974. The principal officer is Bank Of America Na. It holds total assets of $1.9M. Annual income is reported at $447K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in California. According to available records, Susan F Laffer Trust 01-5-06313-0 Nect has made 20 grants totaling $473K, with a median grant of $23K. Annual giving has decreased from $92K in 2020 to $68K in 2023. Grantmaking activity was highest in 2022 with $220K distributed across 8 grants. Individual grants have ranged from $17K to $31K, with an average award of $24K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$26K
Median Grant
$26K
Average Grant
$28K
Largest Grant
$31K
Based on 4 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.
Susan F Laffer Trust 01-5-06313-0 Nect is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in CA.
Susan F Laffer Trust 01-5-06313-0 Nect has distributed a total of $473K across 20 grants. The median grant size is $23K, with an average of $24K. Individual grants have ranged from $17K to $31K.
Susan F Laffer Trust 01-5-06313-0 Nect typically selects its grantees rather than accepting unsolicited proposals.
Susan F Laffer Trust 01-5-06313-0 Nect is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $28K | $0 | $28K |
Total Giving
$100K
Total Assets
$1.8M
Fair Market Value
$2.1M
Net Worth
$1.8M
Grants Paid
$68K
Contributions
N/A
Net Investment Income
$27K
Distribution Amount
$97K
Total Grants
20
Total Giving
$473K
Average Grant
$24K
Median Grant
$23K
Unique Recipients
7
Most Common Grant
$23K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Childrens Hospital Of Los AngelesUNRESTRICTED GENERAL | Los Angeles, CA | $17K | 2023 |
| Pacific ClinicsUNRESTRICTED GENERAL | Campbell, CA | $17K | 2023 |
| Childrens Home Society Of CaliforniaUNRESTRICTED GENERAL | Santa Ana, CA | $17K | 2023 |
| Orthopaedic Institute For ChildrenUNRESTRICTED GENERAL | Los Angeles, CA | $17K | 2023 |
| Uplift Family ServicesUNRESTRICTED GENERAL | Campbell, CA | $26K | 2022 |
| Orthopaedic Institute ForUNRESTRICTED GENERAL | Los Angeles, CA | $23K | 2021 |
| Childrens Home SocietyUNRESTRICTED GENERAL | Santa Ana, CA | $23K | 2021 |