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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. Total assets have grown from $471K in 2019 to $1.9M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. 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.
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.
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
N/A
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 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN