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Wilbert J Austin Professorship Of Engineering Trust Nect is a private trust based in HENDERSON, NV. The foundation received its IRS ruling in 1976. The principal officer is Northern Trust Company Succ Ttee. It holds total assets of $1.9M. Annual income is reported at $2.2M. 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 2020 to 2023. According to available records, Wilbert J Austin Professorship Of Engineering Trust Nect has made 2 grants totaling $235K, with a median grant of $118K. The foundation has distributed between $115K and $120K annually from 2022 to 2023. Individual grants have ranged from $115K to $120K, with an average award of $118K. Grant recipients are concentrated in Ohio. 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.
Wilbert J Austin Professorship Of Engineering Trust Nect is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in OH.
Wilbert J Austin Professorship Of Engineering Trust Nect has distributed a total of $235K across 2 grants. The median grant size is $118K, with an average of $118K. Individual grants have ranged from $115K to $120K.
Wilbert J Austin Professorship Of Engineering Trust Nect typically selects its grantees rather than accepting unsolicited proposals.
Wilbert J Austin Professorship Of Engineering Trust Nect is headquartered in HENDERSON, NV.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Northern Trust Company | TRUSTEE | $12K | $0 | $12K |
Total Giving
$138K
Total Assets
$1.8M
Fair Market Value
$1.9M
Net Worth
$1.8M
Grants Paid
$115K
Contributions
N/A
Net Investment Income
$120K
Distribution Amount
$92K
Total: $1.7M
Total Grants
2
Total Giving
$235K
Average Grant
$118K
Median Grant
$118K
Unique Recipients
1
Most Common Grant
$115K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Case Western ReserveGENERAL | Cleveland, OH | $115K | 2023 |