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Zita Charitable Trust is a private trust based in SHREVEPORT, LA. The foundation received its IRS ruling in 2008. The principal officer is % Timothy D Quinn Trust Advisor. It holds total assets of $29.5M. Annual income is reported at $5.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Zita Charitable Trust has made 9 grants totaling $4.3M, with a median grant of $754K. The foundation has distributed between $754K and $1.9M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.9M distributed across 4 grants. Individual grants have ranged from $500 to $884K, with an average award of $475K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Louisiana. Contributions to this foundation are tax-deductible.
Zita 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 LA.
Zita Charitable Trust has distributed a total of $4.3M across 9 grants. The median grant size is $754K, with an average of $475K. Individual grants have ranged from $500 to $884K.
Zita Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Zita Charitable Trust is headquartered in SHREVEPORT, LA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Argent Trust Company | TRUSTEE | $89K | $0 | $89K |
Total Giving
$1M
Total Assets
$27.4M
Fair Market Value
$34.3M
Net Worth
$27.4M
Grants Paid
$880K
Contributions
$2.1M
Net Investment Income
$747K
Distribution Amount
$1.1M
Total: $18.6M
Total Grants
9
Total Giving
$4.3M
Average Grant
$475K
Median Grant
$754K
Unique Recipients
4
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Holy Angels Residential FacilityCHARITABLE | Shreveport, LA | $879K | 2023 |
| The Arc Of Caddo-BossierCHARITABLE | Shreveport, LA | $500 | 2023 |
| Evergreen Presbyterian MinistriesCHARITABLE | Bossier City, LA | $500 | 2023 |
| Community Foundation Of North LouisianaCHARITABLE | Shreveport, LA | $50K | 2022 |
Other foundations that have funded Zita Charitable Trust.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Betty C And James K Laroe Jr Foundation | $30K | 2023 | SISTER CONCETTA FUND |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
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