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Wilborn C Vaughn Charitable Remainder Unitrust is a private trust based in EAST HARTFORD, CT. The foundation received its IRS ruling in 2023. The principal officer is Josephine Garofalo. It holds total assets of $8.2M. Annual income is reported at $3.5M. 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 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 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 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 EAST HARTFORD, CT. While based in CT, the foundation distributes grants to organizations across 3 states.
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| 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 |