Fred E Gifford Residuary Trust Xxxxx6000

CHICAGO, IL EIN: 35-6211431

Fred E Gifford Residuary Trust Xxxxx6000 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 1 grants totaling $96K. Net investment income was $119K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+0.2% YoY

Annual Giving

$96K

-2.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$96K

-2.9% YoY

Under IRS private-foundation payout rules, Fred E Gifford Residuary Trust Xxxxx6000 reported a distributable amount of $123K for 2024 — the minimum it must pay out in qualifying distributions.

About Fred E Gifford Residuary Trust Xxxxx6000

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $485K (100%)

States

Indiana

Cities

Bloomington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,735,138	$1,730,971	$1,738,755
Revenue	$138,864	$121,576	$66,727
Expenses	$132,308	$129,339	$142,032
Qualifying Distributions	$110,037	$111,258	$120,804
Net Investment Income	$118,717	$100,442	$48,069
Distributable Amount	$123,012	$108,365	$111,729

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Indiana University ($96,186).

Recipient	Purpose	Amount
INDIANA UNIVERSITY BLOOMINGTON, IN	GENERAL	$96,186

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JP MORGAN CHASE BANK N A	TRUSTEE	2	$32,739

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Fred E Gifford Residuary Trust Xxxxx6000?

Fred E Gifford Residuary Trust Xxxxx6000 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $1.7M in total assets as of 2024.

How large is Fred E Gifford Residuary Trust Xxxxx6000?

As of 2024, Fred E Gifford Residuary Trust Xxxxx6000 holds $1.7M in total assets with $139K in annual revenue. It awarded 1 grants totaling $96K in 2024.

Where does Fred E Gifford Residuary Trust Xxxxx6000 operate?

Fred E Gifford Residuary Trust Xxxxx6000 has awarded grants in Indiana.

What size grants does Fred E Gifford Residuary Trust Xxxxx6000 award?

In 2024, Fred E Gifford Residuary Trust Xxxxx6000 awarded 1 grants totaling $96K — an average of about $96K per grant, based on its IRS Form 990 filings.

How much is Fred E Gifford Residuary Trust Xxxxx6000 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Fred E Gifford Residuary Trust Xxxxx6000 reported a distributable amount of $123K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Fred E Gifford Residuary Trust Xxxxx6000's EIN?

Fred E Gifford Residuary Trust Xxxxx6000's EIN (Employer Identification Number) is 35-6211431. IRS Form 990 filing data is available on this page for 2019–2024.