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Way Ahead Trust Uad 10-13-2011 is a private trust based in WESTHOFF, TX. The foundation received its IRS ruling in 2012. The principal officer is Teddy W Aven Ttee. It holds total assets of $2.6M. Annual income is reported at $1.8M. Total assets have decreased from $2.8M in 2011 to $1.7M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Funding is distributed across 7 states, including Georgia, Mississippi, Tennessee. According to available records, Way Ahead Trust Uad 10-13-2011 has made 27 grants totaling $796K, with a median grant of $15K. Annual giving has grown from $275K in 2020 to $520K in 2022. Individual grants have ranged from $5K to $125K, with an average award of $29K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Georgia, Mississippi, Florida, which account for 48% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$18K
Average Grant
$33K
Largest Grant
$125K
Based on 8 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.
Way Ahead Trust Uad 10-13-2011 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in GA, MS, FL.
Way Ahead Trust Uad 10-13-2011 has distributed a total of $796K across 27 grants. The median grant size is $15K, with an average of $29K. Individual grants have ranged from $5K to $125K.
Religious, charitable & educational purposes.
Way Ahead Trust Uad 10-13-2011 is headquartered in WESTHOFF, TX. While based in TX, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ted W Aven | TRUSTEE | $12K | $0 | $12K |
| Frances J Aven | TRUSTEE | $0 | $0 | N/A |
Total Giving
$284K
Total Assets
$1.7M
Fair Market Value
$2M
Net Worth
$1.7M
Grants Paid
$250K
Contributions
N/A
Net Investment Income
$132K
Distribution Amount
$80K
Total: $433K
Total Grants
27
Total Giving
$796K
Average Grant
$29K
Median Grant
$15K
Unique Recipients
11
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyHOMELESS AND EMERGENCY SUPPORT | Poteet, TX | $15K | 2022 |
| Covenant College FoundationSCHOLARSHIP TO COVENANT COLLEGE | Lookout Mountain, GA | $125K | 2022 |
| Palmer Home For ChildrenSUPPORT ORPHANED CHILDREN | Columbus, MS | $40K | 2022 |
| Ligonier MinistriesPROMOTE CHRISTIAN MINISTRY | Sanford, FL | $35K | 2022 |
| Covenant CollegeSUPPORT TO COLLEGE | Lookout Mountain, GA | $20K | 2022 |
| Sociedad LucasPROVIDE HEALTH CARE SUPPORT | Decatur, AL | $10K | 2022 |
| Presbyterian Evan FellowshipMISSIONARY SUPPORT | Bristol, TN | $10K | 2022 |
| Prcc Chaplain MinistriesCHAPLAIN MINISTRY SUPPORT | Charlotte, NC | $5K | 2022 |
| World MagazineFAITH BASED NEWS SUPPORT | Asheville, NC | $5K | 2020 |
| Mna Disaster ResponseHURRICANE LARA RESPONSE | Lawrenceville, GA | $5K | 2020 |
| Reformed University FellowshipPROMOTE CHRISTIAN MINISTRY | Charlotte, NC | $5K | 2020 |