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Velter Charitable Foundation Trust is a private trust based in LARGO, FL. The foundation received its IRS ruling in 2018. The principal officer is % Mark Bouldin. It holds total assets of $2.6M. Annual income is reported at $641K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Velter Charitable Foundation Trust has made 5 grants totaling $348K, with a median grant of $80K. Annual giving has decreased from $143K in 2020 to $45K in 2023. Grantmaking activity was highest in 2022 with $159K distributed across 2 grants. Individual grants have ranged from $41K to $102K, with an average award of $70K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Florida and Pennsylvania. Contributions to this foundation are tax-deductible.
Velter Charitable Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in FL, PA.
Velter Charitable Foundation Trust has distributed a total of $348K across 5 grants. The median grant size is $80K, with an average of $70K. Individual grants have ranged from $41K to $102K.
Velter Charitable Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Velter Charitable Foundation Trust is headquartered in LARGO, FL. While based in FL, the foundation distributes grants to organizations across 2 states.
Total Giving
$127K
Total Assets
$2.6M
Fair Market Value
$2.2M
Net Worth
$2.6M
Grants Paid
$90K
Contributions
$0
Net Investment Income
$125K
Distribution Amount
$106K
Total Grants
5
Total Giving
$348K
Average Grant
$70K
Median Grant
$80K
Unique Recipients
2
Most Common Grant
$80K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Judes Children ResearchGENERAL CHARITABLE PURPOSE | Tampa, FL | $45K | 2023 |
| Penn State UniversityGENERAL CHARITABLE | University Park, PA | $80K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
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