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The Monica Lester Charitable Trust is a private trust based in LOS ANGELES, CA. The foundation received its IRS ruling in 2016. The principal officer is % Frank Lee. It holds total assets of $9.9M. Annual income is reported at $1.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Monica Lester Charitable Trust has made 16 grants totaling $1M, with a median grant of $50K. Annual giving has grown from $450K in 2022 to $580K in 2023. Individual grants have ranged from $25K to $150K, with an average award of $64K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
The Monica Lester Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in CA.
The Monica Lester Charitable Trust has distributed a total of $1M across 16 grants. The median grant size is $50K, with an average of $64K. Individual grants have ranged from $25K to $150K.
The Monica Lester Charitable Trust is a private foundation. To inquire about grants, you can look up the foundation using their EIN (811000768) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
The Monica Lester Charitable Trust is headquartered in LOS ANGELES, CA.
Total Giving
$868K
Total Assets
$10.1M
Fair Market Value
$12.9M
Net Worth
$10.1M
Grants Paid
$400K
Contributions
$0
Net Investment Income
$0
Distribution Amount
$556K
Total: $298K
Total Grants
16
Total Giving
$1M
Average Grant
$64K
Median Grant
$50K
Unique Recipients
8
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| City Of HopeFUNDING CANCER RESEARCH | Duarte, CA | $100K | 2023 |
| Children'S HospitalSUPPORTING MEDICAL RESEARCH | Los Angeles, CA | $50K | 2023 |
| Loyola Marymount UniversitySUPPORTING HIGHER EDUCATION | Los Angeles, CA | $150K | 2023 |
| Cedars-Sinai Medical CenterSUPPORTING MEDICAL RESEARCH | Los Angeles, CA | $100K | 2023 |
| Ucla School Of Dentistry |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| Los Angeles, CA |
| $75K |
| 2023 |
| Prostate Cancer FoundationFUNDING CANCER RESEARCH | Santa Monica, CA | $50K | 2023 |
| The Mahler FoundationSUPPORTING MUSICAL PRODUCTION | Santa Cruz, CA | $30K | 2023 |
| Jewish Community FoundationSUPPORTING HIGHER EDUCATION | Los Angeles, CA | $25K | 2023 |
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