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The@Itto A Willits Charitable Foundation is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1998. The principal officer is Bdo Usa Llp. It holds total assets of $1.5M. Annual income is reported at $337K. 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 2016 to 2023. Grantmaking is concentrated in Florida. According to available records, The@Itto A Willits Charitable Foundation has made 14 grants totaling $160K, with a median grant of $10K. The foundation has distributed between $80K and $80K annually from 2022 to 2023. Individual grants have ranged from $5K to $15K, with an average award of $11K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$12K
Largest Grant
$20K
Based on 7 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.
The@Itto A Willits Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in FL.
The@Itto A Willits Charitable Foundation has distributed a total of $160K across 14 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $5K to $15K.
The@Itto A Willits Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
The@Itto A Willits Charitable Foundation is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bmo Bank N A | TRUSTEE | $19K | $0 | $19K |
Total Giving
$99K
Total Assets
$1.5M
Fair Market Value
$1.6M
Net Worth
$1.5M
Grants Paid
$80K
Contributions
N/A
Net Investment Income
$33K
Distribution Amount
$78K
Total Grants
14
Total Giving
$160K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Catholic Charities Diocese Of Palm BeaPROGRAM SUPPORT | West Palm Beach, FL | $15K | 2023 |
| Families First Of Palm Beach CountyGENERAL OPERATING PURPOSES | West Palm Beach, FL | $15K | 2023 |
| Boys & Girls Club Of Palm Beach CountyGENERAL OPERATING PURPOSES | West Palm Beach, FL | $15K | 2023 |
| The Lord'S PlacePROGRAM SUPPORT | West Palm Beach, FL | $10K | 2023 |
| American Red Cross Palm Beach & TresurePROGRAM SUPPORT | West Palm Beach, FL | $10K | 2023 |
| Place Of HopeGENERAL OPERATING PURPOSES | Palm Beach Gardens, FL | $10K | 2023 |
| Bam Festival IncPROGRAM SUPPORT | West Palm Beach, FL | $5K | 2023 |