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William & Betty Mulliss Tua Foundation Trust is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2006. The principal officer is % Bank Of America Na. It holds total assets of $26.9M. Annual income is reported at $4.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, William & Betty Mulliss Tua Foundation Trust has made 21 grants totaling $5.2M, with a median grant of $167K. Annual giving has grown from $679K in 2021 to $1.5M in 2023. Grantmaking activity was highest in 2022 with $3M distributed across 10 grants. Individual grants have ranged from $41K to $625K, with an average award of $247K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in North Carolina and Virginia. Contributions to this foundation are tax-deductible.
William & Betty Mulliss Tua Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in NC, VA.
William & Betty Mulliss Tua Foundation Trust has distributed a total of $5.2M across 21 grants. The median grant size is $167K, with an average of $247K. Individual grants have ranged from $41K to $625K.
William & Betty Mulliss Tua Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
William & Betty Mulliss Tua Foundation Trust is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brown Brothers Harriman Tr Co Na | TRUSTEE | $124K | $0 | $124K |
| Herbert H Browne Jr | BOARD MEMBER | $0 | $0 | $0 |
| G Don Davidson | BOARD MEMBER | $0 | $0 | $0 |
| Lora W Connor | BOARD MEMBER | $0 | $0 | $0 |
| William A White Jr | BOARD MEMBER | $0 | $0 | $0 |
Total Giving
$1.8M
Total Assets
$29.7M
Fair Market Value
$27.8M
Net Worth
$29.7M
Grants Paid
$1.5M
Contributions
$1K
Net Investment Income
$528K
Distribution Amount
$1.4M
Total: $9M
Total Grants
21
Total Giving
$5.2M
Average Grant
$247K
Median Grant
$167K
Unique Recipients
9
Most Common Grant
$167K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Davidson CollegeGENERAL PURPOSES | Davidson, NC | $625K | 2023 |
| Myers Park Presbyterian ChurchGENERAL PURPOSES | Charlotte, NC | $500K | 2023 |
| Union Presbyterian SeminaryGENERAL | Richmond, VA | $167K | 2023 |
| United Way Of Central CarolinasGENERAL | Concord, NC | $167K | 2023 |
| Roof AboveGENERAL | Charlotte, NC | $41K | 2023 |
| Betty G Mullis |
| BOARD MEMBER |
| $0 |
| $0 |
| $0 |
| Freedom School PartnersGENERAL PURPOSES |
| Charlotte, NC |
| $41K |
| 2022 |
| Charlotte Family HousingGENERAL PURPOSES | Charlotte, NC | $57K | 2021 |
| Habitat For Humanity Of CharlotteGENERAL PURPOSES | Charlotte, NC | $57K | 2021 |
| Crisis Assistance MinistryGENERAL PURPOSES | Charlotte, NC | $57K | 2021 |
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