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Trust Under Will Howard V Herman is a private trust based in COLUMBIA, SC. The foundation received its IRS ruling in 1999. The principal officer is First National Bank. It holds total assets of $478K. Annual income is reported at $67K. 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. The foundation primarily funds organizations in South Carolina and Montana. According to available records, Trust Under Will Howard V Herman has made 6 grants totaling $72K, with a median grant of $12K. The foundation has distributed between $33K and $39K annually from 2020 to 2022. Individual grants have ranged from $11K to $13K, with an average award of $12K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in South Carolina and Montana. Contributions to this foundation are tax-deductible.
Smallest Grant
$13K
Median Grant
$13K
Average Grant
$13K
Largest Grant
$13K
Based on 3 grants from the most recent 990-PF filing.
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 Under Will Howard V Herman primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in SC, MT.
Trust Under Will Howard V Herman has distributed a total of $72K across 6 grants. The median grant size is $12K, with an average of $12K. Individual grants have ranged from $11K to $13K.
Trust Under Will Howard V Herman typically selects its grantees rather than accepting unsolicited proposals.
Trust Under Will Howard V Herman is headquartered in COLUMBIA, SC. While based in SC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| South State Bank | TRUSTEE | $10K | $0 | $10K |
Total Giving
$46K
Total Assets
$512K
Fair Market Value
$872K
Net Worth
$512K
Grants Paid
$34K
Contributions
N/A
Net Investment Income
$14K
Distribution Amount
$40K
Total: $255K
Total Grants
6
Total Giving
$72K
Average Grant
$12K
Median Grant
$12K
Unique Recipients
3
Most Common Grant
$11K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cancer Clinic Memorial FundCHARITABLE | Orangeburg, SC | $13K | 2022 |
| St Labre Indian School Ed AssocCHARITABLE | Ashland, MT | $13K | 2022 |
| Holy Trinity Catholic ChurchCHARITABLE | Orangeburg, SC | $13K | 2022 |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC