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Tua Kenneth Mills Charitable Trust is a private trust based in LITCHFIELD, CT. The foundation received its IRS ruling in 2008. The principal officer is Union Savings Bank. It holds total assets of $2.5M. Annual income is reported at $684K. 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 2021 to 2024. According to available records, Tua Kenneth Mills Charitable Trust has made 9 grants totaling $452K, with a median grant of $39K. Annual giving has decreased from $313K in 2023 to $139K in 2024. Individual grants have ranged from $1K to $117K, with an average award of $50K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Connecticut. 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.
Tua Kenneth Mills Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in CT.
Tua Kenneth Mills Charitable Trust has distributed a total of $452K across 9 grants. The median grant size is $39K, with an average of $50K. Individual grants have ranged from $1K to $117K.
Tua Kenneth Mills Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Tua Kenneth Mills Charitable Trust is headquartered in LITCHFIELD, CT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Union Savings Bank | TRUSTEE | $19K | $0 | $19K |
Total Giving
$162K
Total Assets
$2.5M
Fair Market Value
$3.1M
Net Worth
$2.5M
Grants Paid
$139K
Contributions
N/A
Net Investment Income
$235K
Distribution Amount
$138K
Total Grants
9
Total Giving
$452K
Average Grant
$50K
Median Grant
$39K
Unique Recipients
3
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The First Congregational Church Of WashiCHARITABLE | Litchfield, CT | $104K | 2024 |
| Gunn Memorial Library IncCHARITABLE | Litchfield, CT | $35K | 2024 |
| 4 H Club Of Litchfield CountyCHARITABLE | Litchfield, CT | $1K | 2024 |