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The Clyde And Margaret R Yancy Charitable Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2005. The principal officer is Bank Of America Na. It holds total assets of $252K. Annual income is reported at $50K. Total assets have decreased from $392K in 2011 to $259K 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 2019 to 2023. According to available records, The Clyde And Margaret R Yancy Charitable Trust has made 6 grants totaling $76K, with a median grant of $11K. Annual giving has decreased from $30K in 2021 to $21K in 2023. Individual grants have ranged from $10K to $20K, with an average award of $13K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Virginia. 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.
The Clyde And Margaret R Yancy Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in VA.
The Clyde And Margaret R Yancy Charitable Trust has distributed a total of $76K across 6 grants. The median grant size is $11K, with an average of $13K. Individual grants have ranged from $10K to $20K.
The Clyde And Margaret R Yancy Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
The Clyde And Margaret R Yancy Charitable Trust is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Walton M Jeffress Jr | TRUSTEE | $9K | $0 | $9K |
Total Giving
$40K
Total Assets
$259K
Fair Market Value
$887K
Net Worth
$259K
Grants Paid
$21K
Contributions
N/A
Net Investment Income
$18K
Distribution Amount
$41K
Total Grants
6
Total Giving
$76K
Average Grant
$13K
Median Grant
$11K
Unique Recipients
2
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vmi Foundation IncUNRESTRICTED GENERAL | Lexington, VA | $11K | 2023 |
| George C Marshall Research FoundationUNRESTRICTED GENERAL | Lexington, VA | $10K | 2023 |