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William G & Myrtle E Hess Chartble Trust is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1973. The principal officer is Bank One Trust Co. It holds total assets of $4.7M. Annual income is reported at $1.6M. Total assets have grown from $3.3M in 2011 to $4.6M in 2023. The foundation is governed by 1 officer or trustee. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Michigan. According to available records, William G & Myrtle E Hess Chartble Trust has made 27 grants totaling $834K, with a median grant of $20K. The foundation has distributed between $258K and $299K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $299K distributed across 8 grants. Individual grants have ranged from $5K to $155K, with an average award of $31K. The foundation has supported 14 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$21K
Average Grant
$23K
Largest Grant
$50K
Based on 11 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.
William G & Myrtle E Hess Chartble Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in MI.
William G & Myrtle E Hess Chartble Trust has distributed a total of $834K across 27 grants. The median grant size is $20K, with an average of $31K. Individual grants have ranged from $5K to $155K.
Funds are to be used for charitable, scientific, and educational purposes, preferably in oakland county, michigan.
William G & Myrtle E Hess Chartble Trust is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jp Morgan Chase Bank N A | TRUSTEE | $70K | $0 | $70K |
Total Giving
$359K
Total Assets
$4.6M
Fair Market Value
$6.6M
Net Worth
$4.6M
Grants Paid
$277K
Contributions
N/A
Net Investment Income
$143K
Distribution Amount
$307K
Total: $4.3M
Total Grants
27
Total Giving
$834K
Average Grant
$31K
Median Grant
$20K
Unique Recipients
14
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Waterford Township Parks And RecreationGENERAL | Waterford, MI | $144K | 2023 |
| Oakland Literacy CouncilGENERAL | Bloomfield Hills, MI | $40K | 2023 |
| Forgotten Harvest IncGENERAL | Oakpark, MI | $40K | 2023 |
| Presbyterian Villages Of MichiganGENERAL | Southfield, MI | $15K | 2023 |
| Gildas ClubGENERAL | Royal Oak, MI | $15K | 2023 |
| Special Olympics MichiganGENERAL | Mount Pleasant, MI | $10K | 2023 |
| Waterford Youth AssistanceGENERAL | Waterford, MI | $8K | 2023 |
| St Owen Catholic ChurchGENERAL | Bloomfield Hills, MI | $5K | 2023 |
| Trinity Health-Michigan DbaGENERAL | Pontiac, MI | $30K | 2022 |
| Judson Center IncGENERAL | Royal Oak, MI | $25K | 2022 |
| Daughters Of Divine CharityGENERAL | Bloomfield Hills, MI | $30K | 2020 |
| Open Door Outreach CenterGENERAL | Waterford Township, MI | $25K | 2020 |
| Oakland Family ServicesGENERAL | Pontiac, MI | $20K | 2020 |
| Guest House IncGENERAL | Lake Orion, MI | $20K | 2020 |