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Walter Rich Etal Mem Fd is a private trust based in ORLANDO, FL. The foundation received its IRS ruling in 2009. It holds total assets of $8.6M. Annual income is reported at $2.8M. Total assets have grown from $6.3M in 2011 to $7.8M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Georgia and Colorado. According to available records, Walter Rich Etal Mem Fd has made 5 grants totaling $461K, with a median grant of $120K. Individual grants have ranged from $16K to $150K, with an average award of $92K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$12K
Median Grant
$25K
Average Grant
$43K
Largest Grant
$150K
Based on 9 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.
Walter Rich Etal Mem Fd 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.
Walter Rich Etal Mem Fd has distributed a total of $461K across 5 grants. The median grant size is $120K, with an average of $92K. Individual grants have ranged from $16K to $150K.
The application deadline is MARCH 31, AUGUST 31, NOVEMBER 30. FOR MORE INFORMATION PLEASE GO TO www.truist.com/trusteed-foundations/funds. An application form is available on the foundation's website.
Walter Rich Etal Mem Fd is headquartered in ORLANDO, FL. The foundation primarily funds organizations in Georgia, Colorado.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Truist Bank | TRUSTEE | $37K | $0 | $37K |
| Kirby Thompson | SECRETARY | $0 | $0 | N/A |
| Jenner Wood | CHAIRMAN | $0 | $0 | N/A |
Total Giving
$603K
Total Assets
$7.8M
Fair Market Value
$9.1M
Net Worth
$7.8M
Grants Paid
$559K
Contributions
N/A
Net Investment Income
$217K
Distribution Amount
$577K
Total: $1.1M
Total Grants
5
Total Giving
$461K
Average Grant
$92K
Median Grant
$120K
Unique Recipients
5
Most Common Grant
$125K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Spelman CollegeGENERAL OPERATING | Atlanta, GA | $150K | 2022 |
| Trinity SchoolGENERAL OPERATING | Atlanta, GA | $125K | 2022 |
| Canterbury CourtGENERAL OPERATING | Atlanta, GA | $120K | 2022 |
| Open Doors Solutions IncGENERAL OPERATING | Atlanta, GA | $50K | 2022 |
| Annandale VillageGENERAL OPERATING | Suwanee, GA | $16K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL