//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Wilborn C Vaughn Charitable Remainder Unitrust is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2023. The principal officer is Bank Of America Na Ttee. It holds total assets of $7.8M. Annual income is reported at $2.4M. 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 2022 to 2023. According to available records, Wilborn C Vaughn Charitable Remainder Unitrust has made 10 grants totaling $359K, with a median grant of $22K. Annual giving has grown from $149K in 2022 to $210K in 2023. Individual grants have ranged from $10K to $109K, with an average award of $36K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Alabama and Maryland and South Carolina. 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.
Wilborn C Vaughn Charitable Remainder Unitrust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in AL, MD, SC.
Wilborn C Vaughn Charitable Remainder Unitrust has distributed a total of $359K across 10 grants. The median grant size is $22K, with an average of $36K. Individual grants have ranged from $10K to $109K.
Wilborn C Vaughn Charitable Remainder Unitrust typically selects its grantees rather than accepting unsolicited proposals.
Wilborn C Vaughn Charitable Remainder Unitrust is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $98K | $0 | $98K |
Total Giving
$336K
Total Assets
$7.7M
Fair Market Value
$7.8M
Net Worth
$7.7M
Grants Paid
$210K
Contributions
$1K
Net Investment Income
$173K
Distribution Amount
$364K
Total: $3.8M
Total Grants
10
Total Giving
$359K
Average Grant
$36K
Median Grant
$22K
Unique Recipients
5
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyGENERAL OPERATING | Hagerstown, MD | $46K | 2023 |
| Mountain Brook Presbyterian ChGENERAL OPERATING | Mountain Brk, AL | $109K | 2023 |
| Bethel Arp Church Of OakGENERAL OPERATING | Oak Hill, AL | $25K | 2023 |
| Athens State University FoundaGENERAL OPERATING | Athens, AL | $15K | 2023 |
| Erskine CollegeGENERAL OPERATING | Due West, SC | $15K | 2023 |