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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. Total assets have grown from $12.7M in 2011 to $27.4M 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 2017 to 2023. 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.
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.
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
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Holy Angels Residential FacilityCHARITABLE | Shreveport, LA | $879K | 2023 |
| Evergreen Presbyterian MinistriesCHARITABLE | Bossier City, LA | $500 | 2023 |
| The Arc Of Caddo-BossierCHARITABLE | Shreveport, LA | $500 | 2023 |
| Community Foundation Of North LouisianaCHARITABLE | Shreveport, LA | $50K | 2022 |
NEW ORLEANS, LA
METAIRIE, LA
LAFAYETTE, LA