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William L And Eileen E Ames Charitable Trust is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2003. The principal officer is Advest Bank. It holds total assets of $6.5M. Annual income is reported at $2.8M. Total assets have grown from $4.5M in 2011 to $6.4M in 2023. 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 2018 to 2023. The foundation primarily funds organizations in Connecticut and Massachusetts. According to available records, William L And Eileen E Ames Charitable Trust has made 9 grants totaling $917K, with a median grant of $103K. Annual giving has decreased from $619K in 2022 to $297K in 2023. Individual grants have ranged from $99K to $103K, with an average award of $102K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Connecticut and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$92K
Median Grant
$92K
Average Grant
$92K
Largest Grant
$92K
Based on 3 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 L And Eileen E Ames Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in CT, MA.
William L And Eileen E Ames Charitable Trust has distributed a total of $917K across 9 grants. The median grant size is $103K, with an average of $102K. Individual grants have ranged from $99K to $103K.
William L And Eileen E Ames Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
William L And Eileen E Ames Charitable Trust is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $105K | $0 | $105K |
Total Giving
$404K
Total Assets
$6.4M
Fair Market Value
$7.3M
Net Worth
$6.4M
Grants Paid
$297K
Contributions
N/A
Net Investment Income
$320K
Distribution Amount
$343K
Total: $5.5M
Total Grants
9
Total Giving
$917K
Average Grant
$102K
Median Grant
$103K
Unique Recipients
3
Most Common Grant
$103K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Worcester Polytechnic InstGENERAL OPERATING | Worcester, MA | $99K | 2023 |
| Mystic Seaport IncGENERAL OPERATING | Mystic, CT | $99K | 2023 |
| Mystic And Noank LibraryGENERAL OPERATING | Mystic, CT | $99K | 2023 |