Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
W Marshall Hughes Jr Charitable Trust is a private trust based in ORLANDO, FL. The foundation received its IRS ruling in 2023. The principal officer is Truist Bank. It holds total assets of $1M. Annual income is reported at $496K. 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 2022 to 2023. According to available records, W Marshall Hughes Jr Charitable Trust has made 7 grants totaling $50K, with a median grant of $7K. Individual grants have ranged from $7K to $7K, with an average award of $7K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Pennsylvania and New York. 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.
W Marshall Hughes Jr Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in PA, NY.
W Marshall Hughes Jr Charitable Trust has distributed a total of $50K across 7 grants. The median grant size is $7K, with an average of $7K. Individual grants have ranged from $7K to $7K.
W Marshall Hughes Jr Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
W Marshall Hughes Jr Charitable Trust is headquartered in ORLANDO, FL. While based in FL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Truist Bank | TRUSTEE | $11K | $0 | $11K |
Total Giving
$66K
Total Assets
$1M
Fair Market Value
$1.1M
Net Worth
$1M
Grants Paid
$50K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
$50K
Total: $239K
Total Grants
7
Total Giving
$50K
Average Grant
$7K
Median Grant
$7K
Unique Recipients
7
Most Common Grant
$7K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Reading Symphony OrchestraGENERAL OPERATING | Reading, PA | $7K | 2022 |
| Animal Rescue League Of BerksGENERAL OPERATING | Birdsboro, PA | $7K | 2022 |
| Reading Public LibraryGENERAL OPERATING | Reading, PA | $7K | 2022 |
| Memorial Church Of The HolyGENERAL OPERATING | Reading, PA | $7K | 2022 |
| Foundation For The ReadingGENERAL OPERATING | Reading, PA | $7K | 2022 |
| Humane PennsylvaniaGENERAL OPERATING | Reading, PA | $7K | 2022 |
| The Salvation ArmyGENERAL OPERATING | West Nyack, NY | $7K | 2022 |