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W H & Edgar Magness Community House & Library Trust is a private trust based in FRANKLIN, TN. The foundation received its IRS ruling in 1945. The principal officer is % Bryan Young. It holds total assets of $146K. Annual income is reported at $21K. The sole charitable activity of this organization is the making of contributions and grants to qualified charitable organizations. No direct charitable activities are conducted. According to available records, W H & Edgar Magness Community House & Library Trust has made 5 grants totaling $41K, with a median grant of $8K. The foundation has distributed between $8K and $18K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $18K distributed across 2 grants. Individual grants have ranged from $8K to $9K, with an average award of $8K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
The sole charitable activity of this organization is the making of contributions and grants to qualified charitable organizations. No direct charitable activities are conducted.
The sole charitable activity of this organization is the making of contributions and grants to qualified charitable organizations. No direct charitable activities are conducted. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in TN.
W H & Edgar Magness Community House & Library Trust has distributed a total of $41K across 5 grants. The median grant size is $8K, with an average of $8K. Individual grants have ranged from $8K to $9K.
W H & Edgar Magness Community House & Library Trust typically selects its grantees rather than accepting unsolicited proposals.
W H & Edgar Magness Community House & Library Trust is headquartered in FRANKLIN, TN.
Total Giving
$11K
Total Assets
$148K
Fair Market Value
$163K
Net Worth
$148K
Grants Paid
$8K
Contributions
$0
Net Investment Income
$5K
Distribution Amount
$8K
Total: $117K
Total Grants
5
Total Giving
$41K
Average Grant
$8K
Median Grant
$8K
Unique Recipients
2
Most Common Grant
$8K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Magness Community House And LibraryGeneral support | Mcminnville, TN | $8K | 2023 |
| The Magness LibraryGeneral funding | Mcminnville, TN | $8K | 2020 |
FRANKLIN, TN
DALLAS, TX
GREENSBORO, NC
DALLAS, TX
DALLAS, TX
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