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Textron Charitable Trust 540 008 is a private trust based in PROVIDENCE, RI. The foundation received its IRS ruling in 1995. The principal officer is % R I Hospital Trust. It holds total assets of $9.5M. Annual income is reported at $4.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Textron Charitable Trust 540 008 has made 2,459 grants totaling $8M, with a median grant of $500. The foundation has distributed between $3.9M and $4.1M annually from 2022 to 2023. Individual grants have ranged from $25 to $500K, with an average award of $3K. The foundation has supported 1,695 unique organizations. The foundation primarily supports organizations in Kansas, Rhode Island, Texas, which account for 39% of all grants. Grantmaking reaches organizations across 51 states. Contributions to this foundation are tax-deductible.
Textron Charitable Trust 540 008 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2,459 grants. Its grantmaking reaches organizations primarily in KS, RI, TX.
Textron Charitable Trust 540 008 has distributed a total of $8M across 2,459 grants. The median grant size is $500, with an average of $3K. Individual grants have ranged from $25 to $500K.
The application deadline is REQUESTS ARE PROCESSED AS THEY ARE RECEIVED.. TEXTRON WILL MATCH CONTRIBUTIONS BETWEEN $25 AND $7,500 PER INDIVIDUAL, PER CALENDAR YEAR, TO ELIGIBLE INSTITUTIONS AT A $1:$1 RATIO, FOR A MAXIMUM TEXTRON CONTRIBUTION OF $7,500. GIFTS MADE OUTSIDE OF THE UNITED STATES MUST BE EQUIVALENT TO A MINIMUM OF $25 USD. ALL PAYMENTS MADE TO ORGANIZATIONS LOCATED OUTSIDE OF THE UNITED STATES WILL BE PAID IN THE LOCAL COUNTRY'S CURRENCY. US ORGANIZATIONS: ORGANIZATIONS LOCATED IN THE UNITED STATES MUST BE RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS TAX-EXEMPT AND DESIGNATED A PUBLIC CHARITY UNDER SECTION 501(C)3 OF THE IRS CODE. NON US ORGANIZATIONS: ORGANIZATIONS LOCATED OUTSIDE OF THE UNITED STATES MUST COMPLETE A VALIDATION PROCESS TO ENSURE THEY COMPLY WITH IRS REGULATIONS AND ARE EQUIVALENT TO A U.S. 501(C)3 CHARITABLE ORGANIZATION AS DEFINED BY THE IRS.
Textron Charitable Trust 540 008 is headquartered in PROVIDENCE, RI. While based in RI, the foundation distributes grants to organizations across 51 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Julie Duffy | EVP | $0 | $0 | $0 |
| Keith Watson | DIR. PENSION INV./TRUSTEE | $0 | $0 | $0 |
| Maggie Topping | SVP HR & COMM. | $0 | $0 | $0 |
| E Robert Lupone | EVP, GENERAL COUNSEL CORP. | $0 | $0 | $0 |
| Mark Bamford | VP, CORP. CONTROLLER/TRUST | $0 | $0 | $0 |
Total Giving
$4.4M
Total Assets
$9.1M
Fair Market Value
$9.5M
Net Worth
$9.1M
Grants Paid
$4.1M
Contributions
$4.8M
Net Investment Income
$303K
Distribution Amount
$378K
Total Grants
2,459
Total Giving
$8M
Average Grant
$3K
Median Grant
$500
Unique Recipients
1,695
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Providence FoundationGENERAL SUPPORT TO CIVIC AGENCY | Providence, RI | $30K | 2023 |
| United Way Of The Plains IncGENERAL SUPPORT TO CIVIC AGENCY | Wichita, KS | $500K | 2023 |
| Agape Tinh-Thuong For VietnamMATCHING GIFT TO CIVIC AGENCY | N Richlnd Hls, TX | $148K | 2023 |
| Crossroads RiGENERAL SUPPORT TO CIVIC AGENCY | Providence, RI | $120K | 2023 |
| Wichita Habitat For HumanityGENERAL SUPPORT TO CIVIC AGENCY | Wichita, KS |
| Marie Claire Murphy |
| SVP, HR & COMM./TRUSTEE |
| $0 |
| $0 |
| $0 |
| $90K |
| 2023 |
| Support For Catholic Schools IncMATCHING GIFT TO EDUCATION | Wichita, KS | $75K | 2023 |
| Kinh 5 FoundationMATCHING GIFT TO CIVIC AGENCY | Santa Ana, CA | $66K | 2023 |
| The Pennsylvania State UniverGENERAL SUPPORT TO EDUCATION | University Park, PA | $60K | 2023 |
| United Way Se New EnglandGENERAL SUPPORT TO CIVIC AGENCY | Providence, RI | $50K | 2023 |
| Army Emergency ReliefGENERAL SUPPORT TO CIVIC AGENCY | Arlington, VA | $50K | 2023 |
| Atlantic Council For The U SGENERAL SUPPORT TO CIVIC AGENCY | Washington, DC | $50K | 2023 |
| Nat'L Merit Scholarship CorpGENERAL SUPPORT TO EDUCATION | Evanston, IL | $43K | 2023 |
| United Way Of Tarrant CountyMATCHING GIFT TO CIVIC AGENCY | Fort Worth, TX | $34K | 2023 |
| Compassion International IncorporatedMATCHING GIFT TO CIVIC AGENCY | Colorado Spgs, CO | $34K | 2023 |
| Kansas Big Brothers Big Sisters IncMATCHING GIFT TO CIVIC AGENCY | Wichita, KS | $33K | 2023 |
| Wichita State Univ FoundationGENERAL SUPPORT TO EDUCATION | Wichita, KS | $33K | 2023 |
| Mission Aviation FellowshipMATCHING GIFT TO CIVIC AGENCY | Nampa, ID | $26K | 2023 |
| Boys And Girls ClubGENERAL SUPPORT TO CIVIC AGENCY | Atlanta, GA | $26K | 2023 |
| Center For The Innovative Training Of Youth Dba Stem NolaGENERAL SUPPORT TO EDUCATION | New Orleans, LA | $25K | 2023 |
| Kennedy Center Performing ArtsGENERAL SUPPORT TO ARTS & CULTURE | Washington, DC | $25K | 2023 |
| Union Rescue Mission Of Wichita IncMATCHING GIFT TO CIVIC AGENCY | Wichita, KS | $25K | 2023 |
| Mental Health & Substance Abuse CoalitionGENERAL SUPPORT TO HEALTH & HUMAN SERVICES AGENCY | Wichita, KS | $25K | 2023 |
| Embrace Of Wichita IncMATCHING GIFT TO CIVIC AGENCY | Wichita, KS | $24K | 2023 |
| Rainbows United IncGENERAL SUPPORT TO HEALTH & HUMAN SERVICES AGENCY | Wichita, KS | $24K | 2023 |
| Folds Of Honor FoundationGENERAL SUPPORT TO EDUCATION | Edmond, OK | $24K | 2023 |
| Boys&Girls Club Of ProvidenceGENERAL SUPPORT TO CIVIC AGENCY | Providence, RI | $24K | 2023 |
| Humankind Ministries Wichita IncGENERAL SUPPORT TO CIVIC AGENCY | Wichita, KS | $23K | 2023 |
| Fidelity Investments Charitable Gift FundMATCHING GIFT TO CIVIC AGENCY | Cincinnati, OH | $22K | 2023 |
| Leukemia & Lymphoma Society Inc (Wichita Ks)MATCHING GIFT TO HEALTH & HUMAN SERVICES AGENCY | Wichita, KS | $22K | 2023 |
| Wichita State University FoundationMATCHING GIFT TO EDUCATION | Wichita, KS | $21K | 2023 |
| St Jude Children'S Research HospitalMATCHING GIFT TO HEALTH & HUMAN SERVICES AGENCY | Memphis, TN | $20K | 2023 |
| Metropolitan Regional Career And Technical CenterGENERAL SUPPORT TO EDUCATION | Providence, RI | $20K | 2023 |
| Center For Strategic And Budgetary Assessments (Csba)GENERAL SUPPORT TO CIVIC AGENCY | Washington, DC | $20K | 2023 |
| Center For Strategic & International StudiesGENERAL SUPPORT TO CIVIC AGENCY | Washington, DC | $20K | 2023 |
| Ronald Mcdonald HouseGENERAL SUPPORT TO HEALTH & HUMAN SERVICES AGENCY | Chicago, IL | $20K | 2023 |
| Xavier University Of LouisianGENERAL SUPPORT TO EDUCATION | New Orleans, LA | $20K | 2023 |
| Homes For Our Troops IncGENERAL SUPPORT TO CIVIC AGENCY | Taunton, MA | $20K | 2023 |
| Girl Scouts Of Kansas Heartland IncGENERAL SUPPORT TO CIVIC AGENCY | Wichita, KS | $20K | 2023 |
| Air Force Aid SocietyGENERAL SUPPORT TO ARTS & CULTURE | Arlington, VA | $20K | 2023 |
| The New Rochelle Fund For EducationGENERAL SUPPORT TO EDUCATION | New Rochelle, NY | $20K | 2023 |
| Junior Achievement Of KansasGENERAL SUPPORT TO CIVIC AGENCY | Topeka, KS | $20K | 2023 |
| Skillsusa KansasGENERAL SUPPORT TO CIVIC AGENCY | Cherryvale, KS | $20K | 2023 |
| Tragedy Assis Prg For SurviGENERAL SUPPORT TO CIVIC AGENCY | Arlington, VA | $20K | 2023 |
| Wsu Tech FoundationGENERAL SUPPORT TO EDUCATION | Wichita, KS | $20K | 2023 |
| Marine Corps Univ FndtnGENERAL SUPPORT TO EDUCATION | Quantico, VA | $20K | 2023 |
| Marine Corps Scholarship FndtnGENERAL SUPPORT TO EDUCATION | Alexandria, VA | $20K | 2023 |
| Military Child Education CoalitionGENERAL SUPPORT TO EDUCATION | Harker Heights, TX | $20K | 2023 |
| City Year Rhode IslandGENERAL SUPPORT TO CIVIC AGENCY | Providence, RI | $20K | 2023 |
| Clinica Esperanzahope ClinicGENERAL SUPPORT TO HEALTH & HUMAN SERVICES AGENCY | Providence, RI | $20K | 2023 |
| Waterfire ProvidenceGENERAL SUPPORT TO ARTS & CULTURE | Providence, RI | $20K | 2023 |
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