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The@Ralph Manwarren Charitable Trust is a private trust based in LAKEFIELD, MN. The foundation received its IRS ruling in 2014. The principal officer is Patrick K Costello. It holds total assets of $545K. Annual income is reported at $13K. Total assets have decreased from $1.2M in 2007 to $946K in 2023. The foundation is governed by 2 officers and trustees. 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. According to available records, The@Ralph Manwarren Charitable Trust has made 3 grants totaling $89K, with a median grant of $39K. Annual giving has grown from $40K in 2021 to $49K in 2022. Individual grants have ranged from $10K to $40K, with an average award of $30K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Minnesota. 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@Ralph Manwarren Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in MN.
The@Ralph Manwarren Charitable Trust has distributed a total of $89K across 3 grants. The median grant size is $39K, with an average of $30K. Individual grants have ranged from $10K to $40K.
The@Ralph Manwarren Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
The@Ralph Manwarren Charitable Trust is headquartered in LAKEFIELD, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Gunther | Trustee | $8K | $0 | $8K |
| Patrick Costello | Trustee | $8K | $0 | $8K |
Total Giving
$21K
Total Assets
$946K
Fair Market Value
$946K
Net Worth
$946K
Grants Paid
$3K
Contributions
N/A
Net Investment Income
$12K
Distribution Amount
$44K
Total Grants
3
Total Giving
$89K
Average Grant
$30K
Median Grant
$39K
Unique Recipients
3
Most Common Grant
$39K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Southwest Minnesota State University FoundationAg fund. | Marshall, MN | $39K | 2022 |
| Alpha Gamma Rho Lambda Chapter Educational FoundationGeneral Operations | St Paul, MN | $10K | 2022 |
| Southwest Initiative FoundationEndowment fund. | Hutchinson, MN | $40K | 2021 |