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Ternet Fam Foundation Trust is a private trust based in EVANSVILLE, IN. The foundation received its IRS ruling in 2019. The principal officer is % Old National Wealth Management. It holds total assets of $1.9M. Annual income is reported at $348K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ternet Fam Foundation Trust has made 7 grants totaling $311K, with a median grant of $30K. Annual giving has grown from $38K in 2021 to $175K in 2023. Individual grants have ranged from $5K to $100K, with an average award of $44K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Ternet Fam Foundation 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 IN.
Ternet Fam Foundation Trust has distributed a total of $311K across 7 grants. The median grant size is $30K, with an average of $44K. Individual grants have ranged from $5K to $100K.
Ternet Fam Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Ternet Fam Foundation Trust is headquartered in EVANSVILLE, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Old National Wealth Management | TRUSTEE | $25K | $0 | $25K |
Total Giving
$202K
Total Assets
$1.9M
Fair Market Value
$2.2M
Net Worth
$1.9M
Grants Paid
$175K
Contributions
$0
Net Investment Income
$119K
Distribution Amount
$107K
Total Grants
7
Total Giving
$311K
Average Grant
$44K
Median Grant
$30K
Unique Recipients
3
Most Common Grant
$8K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Turnstone Center For DisabledPROGRAM SUPPORT | Fort Wayne, IN | $100K | 2023 |
| Erin'S House For Grieving ChildrenPROGRAM SUPPORT | Fort Wayne, IN | $75K | 2023 |
| Ronald Mcdonald House Of IndianaGENERAL SUPPORT | Indianapolis, IN | $5K | 2022 |
| 2018 | 990PF | View |
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