ORLANDO, FL

W I H Pitts Memorial Fund Ua 1125291

Quick Facts

EIN: 586374908
Location: ORLANDO, FL
Phone: (404) 813-9304
Category: Philanthropy & Grantmaking
Total Assets: $78.4M
Annual Income: $25.5M
IRS Ruling Year: 1999
Organization Type: Non-Operating Foundation
Principal Officer: % Suntrust Bank Atlanta
Tax Deductibility: Contributions are deductible

Find Grants from This Foundation Get Matched with Similar Funders

About This Foundation

W I H Pitts Memorial Fund Ua 1125291 is a private trust based in ORLANDO, FL. The foundation received its IRS ruling in 1999. The principal officer is % Suntrust Bank Atlanta. It holds total assets of $78.4M. Annual income is reported at $25.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, W I H Pitts Memorial Fund Ua 1125291 has made 5 grants totaling $4.9M, with a median grant of $612K. Individual grants have ranged from $1K to $2.4M, with an average award of $980K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Frequently Asked Questions

What does W I H Pitts Memorial Fund Ua 1125291 fund?

W I H Pitts Memorial Fund Ua 1125291 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 GA.

How much does W I H Pitts Memorial Fund Ua 1125291 give in grants?

W I H Pitts Memorial Fund Ua 1125291 has distributed a total of $4.9M across 5 grants. The median grant size is $612K, with an average of $980K. Individual grants have ranged from $1K to $2.4M.

How do I apply for a grant from W I H Pitts Memorial Fund Ua 1125291?

W I H Pitts Memorial Fund Ua 1125291 typically selects its grantees rather than accepting unsolicited proposals.

Where is W I H Pitts Memorial Fund Ua 1125291 located?

W I H Pitts Memorial Fund Ua 1125291 is headquartered in ORLANDO, FL.

Key People & Compensation (2022)

Name	Title	Compensation	Benefits	Total
Truist Bank	TRUSTEE	$365K	$0	$365K

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$5.2M

2023-1%

Total Assets

$78.2M

2023-4%

Fair Market Value

$93.2M

2023

Net Worth

$78.2M

2023

Grants Paid

$4.9M

2023

Contributions

2023

Net Investment Income

$1.6M

2023

Distribution Amount

$4.4M

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Investment Portfolio (2023)

Total: $4.7M

Corporate Bonds (6%)

Other Investments (94%)

Expense Breakdown (2023)

Revenue Sources (2023)

Dividends: $1.8M
Capital Gains (Net): $75K

Financial Details (2023)

Total Revenue: $1.8M
Total Expenses: $5.2M
Exempt Purpose Expenses: $5M
Required Distribution: $4.4M
Undistributed Income: $0
Total Liabilities: $1
Excise Tax: $23K
Tax Due: $3K

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$4.9M

Average Grant

$980K

Median Grant

$612K

Unique Recipients

Most Common Grant

$612K

Grant Range

Min$1K

Max$2.4M

Median: $612K

Smallest grantLargest grant

Grant Size Distribution

Geographic Distribution of Grants

GA$4.9M (5)

Past Grantees

Recipient	Location	Amount	Year
Emory UniversityGENERAL OPERATING	Atlanta, GA	$2.4M	2022
Young Harris CollegeGENERAL OPERATING	Young Harris, GA	$1.2M	2022
South Georgia ConferenceGENERAL OPERATING	Macon, GA	$612K	2022
Methodist Home Of The South GeorgiaGENERAL OPERATING	Macon, GA	$612K	2022
Waverly Hall Methodist ChurchGENERAL OPERATING	Waverly Hall, GA	$1K	2022