//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The@Roy And Thelma Pitts Scholarship Foundation is a private trust based in MILWAUKEE, WI. The foundation received its IRS ruling in 2002. The principal officer is Santa Barbara Bank & Trust. It holds total assets of $1.4M. Annual income is reported at $800K. Total assets have grown from $1.1M in 2011 to $1.4M 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 2020 to 2023. According to available records, The@Roy And Thelma Pitts Scholarship Foundation has made 4 grants totaling $278K, with a median grant of $71K. The foundation has distributed between $63K and $147K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $147K distributed across 2 grants. Individual grants have ranged from $63K to $74K, with an average award of $70K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in California. 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@Roy And Thelma Pitts Scholarship Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA.
The@Roy And Thelma Pitts Scholarship Foundation has distributed a total of $278K across 4 grants. The median grant size is $71K, with an average of $70K. Individual grants have ranged from $63K to $74K.
The@Roy And Thelma Pitts Scholarship Foundation typically selects its grantees rather than accepting unsolicited proposals.
The@Roy And Thelma Pitts Scholarship Foundation is headquartered in MILWAUKEE, WI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mufg Union Bank N A | TRUSTEE | $21K | $0 | $21K |
Total Giving
$90K
Total Assets
$1.4M
Fair Market Value
$1.6M
Net Worth
$1.4M
Grants Paid
$68K
Contributions
N/A
Net Investment Income
$70K
Distribution Amount
$74K
Total: $195K
Total Grants
4
Total Giving
$278K
Average Grant
$70K
Median Grant
$71K
Unique Recipients
3
Most Common Grant
$74K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Scholarship FoundationGENERAL OPERATING FUND | Santa Barbara, CA | $63K | 2021 |
| Scholarship Foundation Of Santa BarbaraGENERAL OPERATING | Santa Barbara, CA | $68K | 2023 |
| Scholarship Foundation Of SbGENERAL OPERATING FUND | Santa Barbara, CA | $74K | 2022 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI