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Van Vleet Foundation National Bank Of Commerce Trust is a private trust based in ORLANDO, FL. The foundation received its IRS ruling in 1964. The principal officer is National Bank Of Commerce Trust. It holds total assets of $10.4M. Annual income is reported at $4.3M. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Tennessee. According to available records, Van Vleet Foundation National Bank Of Commerce Trust has made 14 grants totaling $1.8M, with a median grant of $122K. Annual giving has grown from $551K in 2021 to $1.3M in 2022. Individual grants have ranged from $17K to $323K, with an average award of $129K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$17K
Median Grant
$103K
Average Grant
$134K
Largest Grant
$311K
Based on 4 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.
Van Vleet Foundation National Bank Of Commerce Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in TN.
Van Vleet Foundation National Bank Of Commerce Trust has distributed a total of $1.8M across 14 grants. The median grant size is $122K, with an average of $129K. Individual grants have ranged from $17K to $323K.
Van Vleet Foundation National Bank Of Commerce Trust typically selects its grantees rather than accepting unsolicited proposals.
Van Vleet Foundation National Bank Of Commerce Trust is headquartered in ORLANDO, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Truist Bank | TRUSTEE | $66K | $0 | $66K |
Total Giving
$616K
Total Assets
$10.4M
Fair Market Value
$11M
Net Worth
$10.4M
Grants Paid
$547K
Contributions
N/A
Net Investment Income
$620K
Distribution Amount
$515K
Total: $1.1M
Total Grants
14
Total Giving
$1.8M
Average Grant
$129K
Median Grant
$122K
Unique Recipients
5
Most Common Grant
$17K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Univ Of Tenn Center For Health ScienceGENERAL OPERATING | Memphis, TN | $233K | 2022 |
| Ut Health Science CenterGENERAL OPERATING | Memphis, TN | $135K | 2022 |
| Univ Of MemphisGENERAL OPERATING | Memphis, TN | $130K | 2022 |
| St Jude Children'S HospitalGENERAL OPERATING | Memphis, TN | $115K | 2022 |
| Rhodes CollegeGENERAL OPERATING | Memphis, TN | $17K | 2022 |