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Trust U/W Margaret L Boyle Nect is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2011. The principal officer is Norstar Trust Co. It holds total assets of $1.4M. Annual income is reported at $293K. 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 2017 to 2024. According to available records, Trust U/W Margaret L Boyle Nect has made 4 grants totaling $243K, with a median grant of $61K. The foundation has distributed between $57K and $126K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $126K distributed across 2 grants. Individual grants have ranged from $57K to $63K, with an average award of $61K. Grant recipients are concentrated in Maine. 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.
Trust U/W Margaret L Boyle Nect 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 ME.
Trust U/W Margaret L Boyle Nect has distributed a total of $243K across 4 grants. The median grant size is $61K, with an average of $61K. Individual grants have ranged from $57K to $63K.
Trust U/W Margaret L Boyle Nect typically selects its grantees rather than accepting unsolicited proposals.
Trust U/W Margaret L Boyle Nect is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $21K | $0 | $21K |
Total Giving
$84K
Total Assets
$1.4M
Fair Market Value
$1.6M
Net Worth
$1.4M
Grants Paid
$59K
Contributions
N/A
Net Investment Income
$31K
Distribution Amount
$74K
Total Grants
4
Total Giving
$243K
Average Grant
$61K
Median Grant
$61K
Unique Recipients
1
Most Common Grant
$63K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Saint Paul The Apostle ParishUNRESTRICTED GENERAL | Bangor, ME | $59K | 2024 |