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Tom Drexler Char Trust is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 2022. It holds total assets of $9.8M. Annual income is reported at $4.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Tom Drexler Char Trust has made 8 grants totaling $758K, with a median grant of $63K. Annual giving has grown from $10K in 2021 to $248K in 2023. Grantmaking activity was highest in 2022 with $500K distributed across 2 grants. Individual grants have ranged from $3K to $250K, with an average award of $95K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Utah, Kentucky, District of Columbia, which account for 88% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Tom Drexler Char Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in UT, KY, DC.
Tom Drexler Char Trust has distributed a total of $758K across 8 grants. The median grant size is $63K, with an average of $95K. Individual grants have ranged from $3K to $250K.
Tom Drexler Char Trust typically selects its grantees rather than accepting unsolicited proposals.
Tom Drexler Char Trust is headquartered in PITTSBURGH, PA. While based in PA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pnc Bank N A | TRUSTEE | $58K | $0 | $58K |
Total Giving
$349K
Total Assets
$10.7M
Fair Market Value
$12.5M
Net Worth
$10.7M
Grants Paid
$248K
Contributions
$0
Net Investment Income
$176K
Distribution Amount
$568K
Total: $7.7M
Total Grants
8
Total Giving
$758K
Average Grant
$95K
Median Grant
$63K
Unique Recipients
6
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Community Foundation Of LouisvilleGENERAL SUPPORT | Louisville, KY | $100K | 2023 |
| Circle Foundation IncGENERAL SUPPORT | Washington, DC | $100K | 2023 |
| Kosair Charities Committee IncGENERAL SUPPORT | Louisville, KY | $25K | 2023 |
| The Potters Wheel IncGENERAL SUPPORT | Evansville, IN | $20K | 2023 |
| Crimson Mission IncGENERAL SUPPORT | Louisville, KY | $3K | 2023 |
| Southeast Christian ChurchGENERAL SUPPORT | Murray, UT | $250K | 2022 |
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