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Waldo T Ross & Ruth S Ross Charitable Trust is a private trust based in GLENS FALLS, NY. The foundation received its IRS ruling in 2010. The principal officer is Glens Falls National Bank & Trust. It holds total assets of $6.8M. Annual income is reported at $2.5M. Total assets have grown from $4.8M in 2011 to $6.6M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in New York. According to available records, Waldo T Ross & Ruth S Ross Charitable Trust has made 57 grants totaling $1.9M, with a median grant of $29K. The foundation has distributed between $332K and $847K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $847K distributed across 24 grants. Individual grants have ranged from $1K to $105K, with an average award of $33K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$20K
Average Grant
$30K
Largest Grant
$85K
Based on 11 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.
Waldo T Ross & Ruth S Ross Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 57 grants. Its grantmaking reaches organizations primarily in NY.
Waldo T Ross & Ruth S Ross Charitable Trust has distributed a total of $1.9M across 57 grants. The median grant size is $29K, with an average of $33K. Individual grants have ranged from $1K to $105K.
Waldo T Ross & Ruth S Ross Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Waldo T Ross & Ruth S Ross Charitable Trust is headquartered in GLENS FALLS, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Glens Falls National Bank Trust | CO TRUSTEE | $27K | $0 | $27K |
| Robert Hafner | CO TRUSTEE | $9K | $0 | $9K |
| Paul Mcphillips | CO TRUSTEE | $548 | $0 | $548 |
Total Giving
$428K
Total Assets
$6.6M
Fair Market Value
$8.2M
Net Worth
$6.6M
Grants Paid
$355K
Contributions
N/A
Net Investment Income
$398K
Distribution Amount
$371K
Total: $6M
Total Grants
57
Total Giving
$1.9M
Average Grant
$33K
Median Grant
$29K
Unique Recipients
12
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Open DoorUNRESTRICTED - GENERAL | Glens Falls, NY | $14K | 2022 |
| The Salvation ArmyUNRESTRICTED - GENERAL | Glens Falls, NY | $99K | 2023 |
| The Hyde CollectionUNRESTRICTED - GENERAL | Glens Falls, NY | $69K | 2023 |
| Chapman Historical MuseumUNRESTRICTED - GENERAL | Glens Falls, NY | $42K | 2023 |
| Harrisena Community ChurchUNRESTRICTED - GENERAL | Queensbury, NY | $34K | 2023 |
| Glens Falls Symphony OrchestraGENERAL PURPOSES | Glens Falls, NY | $30K | 2023 |
| The Charles R Wood TheaterGENERAL PURPOSES | Glens Falls, NY | $29K | 2023 |
| Bay Road Presbyterian ChurchUNRESTRICTED - GENERAL | Lake George, NY | $20K | 2023 |
| Lakeside ChapelUNRESTRICTED - GENERAL | Cleverdale, NY | $19K | 2023 |
| Lake George Opera Festival AssocGENERAL PURPOSES | Saratoga Springs, NY | $5K | 2023 |
| N Queensbury Rescue SquadUNRESTRICTED - GENERAL | Cleverdale, NY | $4K | 2023 |
| N Queensbury Fire Fighters ServiceUNRESTRICTED - GENERAL | Cleverdale, NY | $4K | 2023 |