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Also known as: CHARITABLE TRUST
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Walter N And Phyllis A Anderson Charitable Trust is a private trust based in GLENCOE, MN. The foundation received its IRS ruling in 2015. The principal officer is Gregory A Kummer. It holds total assets of $1.8M. Annual income is reported at $647K. The foundation is governed by 1 officer or trustee. 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 2016 to 2023. According to available records, Walter N And Phyllis A Anderson Charitable Trust has made 10 grants totaling $637K, with a median grant of $60K. The foundation has distributed between $100K and $297K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $297K distributed across 4 grants. Individual grants have ranged from $50K to $74K, with an average award of $64K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Minnesota. 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.
Walter N And Phyllis A Anderson Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in MN.
Walter N And Phyllis A Anderson Charitable Trust has distributed a total of $637K across 10 grants. The median grant size is $60K, with an average of $64K. Individual grants have ranged from $50K to $74K.
Walter N And Phyllis A Anderson Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Walter N And Phyllis A Anderson Charitable Trust is headquartered in GLENCOE, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Security Bank And Trust Co | TRUSTEE | $22K | $0 | $22K |
Total Giving
$143K
Total Assets
$1.7M
Fair Market Value
$2.6M
Net Worth
$1.7M
Grants Paid
$120K
Contributions
N/A
Net Investment Income
$112K
Distribution Amount
$118K
Total: $1.6M
Total Grants
10
Total Giving
$637K
Average Grant
$64K
Median Grant
$60K
Unique Recipients
2
Most Common Grant
$60K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| North House Folk SchoolUNRESTRICTED GENERAL SUPPORT | Grand Marais, MN | $60K | 2023 |
| North Shore Health Care FoundationUNRESTRICTED GENERAL SUPPORT | Grand Marais, MN | $60K | 2023 |