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Also known as: FIRST FINANCIAL TRUST & ASSET MANAGEMENT
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W P & Dell Andrews Newell Charitable Trust is a private trust based in ABILENE, TX. The foundation received its IRS ruling in 1967. It holds total assets of $11.9M. Annual income is reported at $2.3M. Total assets have grown from $8.1M in 2011 to $11.7M in 2023. 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 2016 to 2023. Grantmaking is concentrated in Texas. According to available records, W P & Dell Andrews Newell Charitable Trust has made 18 grants totaling $1.7M, with a median grant of $48K. Annual giving has grown from $253K in 2020 to $771K in 2023. Individual grants have ranged from $16K to $386K, with an average award of $97K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$34K
Median Grant
$34K
Average Grant
$92K
Largest Grant
$276K
Based on 6 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.
W P & Dell Andrews Newell Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in TX.
W P & Dell Andrews Newell Charitable Trust has distributed a total of $1.7M across 18 grants. The median grant size is $48K, with an average of $97K. Individual grants have ranged from $16K to $386K.
W P & Dell Andrews Newell Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
W P & Dell Andrews Newell Charitable Trust is headquartered in ABILENE, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Financial Trust Asset Mgmt | TRUSTEE | $61K | $0 | $61K |
Total Giving
$843K
Total Assets
$11.7M
Fair Market Value
$14.7M
Net Worth
$11.7M
Grants Paid
$771K
Contributions
N/A
Net Investment Income
$597K
Distribution Amount
$688K
Total: $10M
Total Grants
18
Total Giving
$1.7M
Average Grant
$97K
Median Grant
$48K
Unique Recipients
6
Most Common Grant
$16K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mcmurry UniversityGENERAL OPERATING | Abilene, TX | $386K | 2023 |
| Ranger CollegeGENERAL OPERATING | Ranger, TX | $193K | 2023 |
| Methodist Children'S HomeGENERAL OPERATING | Waco, TX | $48K | 2023 |
| Austin Presbyterian Theological SeminaryGENERAL OPERATING | Austin, TX | $48K | 2023 |
| Cal Farley'S Boys RanchGENERAL OPERATING | Amarillo, TX | $48K | 2023 |
| Presbyterian Children'S HomeGENERAL OPERATING | Austin, TX | $48K | 2023 |