Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Thelma Masten Charitable Trust is a private trust based in MILWAUKEE, WI. The foundation received its IRS ruling in 2002. The principal officer is U S Bank N A. It holds total assets of $161K. Annual income is reported at $8K. 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, Thelma Masten Charitable Trust has made 4 grants totaling $47K, with a median grant of $11K. The foundation has distributed between $10K and $14K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $14K distributed across 1 grants. Individual grants have ranged from $10K to $14K, with an average award of $12K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Ohio. 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.
Thelma Masten Charitable Trust 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 OH.
Thelma Masten Charitable Trust has distributed a total of $47K across 4 grants. The median grant size is $11K, with an average of $12K. Individual grants have ranged from $10K to $14K.
Thelma Masten Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Thelma Masten Charitable Trust is headquartered in MILWAUKEE, WI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Us Bank N A | TRUSTEE | $4K | $0 | $4K |
| Daniel Randolph | CO-TRUSTEE | $1K | $0 | $1K |
Total Giving
$21K
Total Assets
$171K
Fair Market Value
$316K
Net Worth
$171K
Grants Paid
$12K
Contributions
N/A
Net Investment Income
$31K
Distribution Amount
$14K
Total: $60K
Total Grants
4
Total Giving
$47K
Average Grant
$12K
Median Grant
$11K
Unique Recipients
2
Most Common Grant
$14K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Northern Hills SynagogueGENERAL OPERATING | Cincinnati, OH | $12K | 2023 |
| Pines School Of Graduate StudiesGENERAL OPERATING | Cincinnati, OH | $10K | 2021 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI