Bernice S Tilton Irrevocable Trust

ORLANDO, FL EIN: 59-7211279

Bernice S Tilton Irrevocable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORLANDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $976K in total assets. In 2024, it awarded 3 grants totaling $24K. Net investment income was $61K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$976K

+3.3% YoY

Annual Giving

$24K

-38.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$8K

-38.2% YoY

Under IRS private-foundation payout rules, Bernice S Tilton Irrevocable Trust reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.

About Bernice S Tilton Irrevocable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $303K (100%)

States

Florida

Cities

ClearwaterLargoSt Petersburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$976,360	$945,273	$1,011,844
Revenue	$69,093	$-5,109	$50,284
Expenses	$38,332	$61,472	$182,049
Qualifying Distributions	$32,393	$53,014	$165,622
Net Investment Income	$61,387	$16,728	$40,269
Distributable Amount	$54,233	$48,383	$53,766

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Pinellas Community Foundation ($7,860), Tampa Bay Research Institute ($7,860), Lighthouse of Pinellas Fdn Inc ($7,860).

Recipient	Purpose	Amount
PINELLAS COMMUNITY FOUNDATION CLEARWATER, FL	GENERAL OPERATING	$7,860
TAMPA BAY RESEARCH INSTITUTE ST PETERSBURG, FL	GENERAL OPERATING	$7,860
LIGHTHOUSE OF PINELLAS FDN INC LARGO, FL	GENERAL OPERATING	$7,860

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TRUIST BANK	TRUSTEE	1	$11,516

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Bernice S Tilton Irrevocable Trust?

Bernice S Tilton Irrevocable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORLANDO, FL. It holds $976K in total assets as of 2024.

How large is Bernice S Tilton Irrevocable Trust?

As of 2024, Bernice S Tilton Irrevocable Trust holds $976K in total assets with $69K in annual revenue. It awarded 3 grants totaling $24K in 2024.

Where does Bernice S Tilton Irrevocable Trust operate?

Bernice S Tilton Irrevocable Trust has awarded grants in Florida.

What size grants does Bernice S Tilton Irrevocable Trust award?

In 2024, Bernice S Tilton Irrevocable Trust awarded 3 grants totaling $24K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Bernice S Tilton Irrevocable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bernice S Tilton Irrevocable Trust reported a distributable amount of $54K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bernice S Tilton Irrevocable Trust's EIN?

Bernice S Tilton Irrevocable Trust's EIN (Employer Identification Number) is 59-7211279. IRS Form 990 filing data is available on this page for 2020–2024.