Herbert K Cummings Charitable Trust

PACIFIC PALISADES, CA EIN: 86-6148404

Herbert K Cummings Charitable Trust is a private foundation, based in PACIFIC PALISADES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 1 grants totaling $258K. Net investment income was $200K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+11.4% YoY

Annual Giving

$258K

+27.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$258K

+27.9% YoY

Under IRS private-foundation payout rules, Herbert K Cummings Charitable Trust reported a distributable amount of $220K for 2024 — the minimum it must pay out in qualifying distributions.

About Herbert K Cummings Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $920K (100%)

States

California

Cities

Los Angeles

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,739,828	$1,562,117	$1,382,358
Revenue	$204,616	$195,243	$48,195
Expenses	$271,518	$207,255	$181,089
Qualifying Distributions	$262,487	$204,237	$176,731
Net Investment Income	$200,239	$190,927	$41,719
Distributable Amount	$219,790	$182,231	$175,292

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

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jewish Community Foundation ($258,157).

Recipient	Purpose	Amount
JEWISH COMMUNITY FOUNDATION LOS ANGELES, CA	CHARITABLE PURPOSE	$258,157

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JAMES J CUMMINGS	TRUSTEE	1	—

Frequently Asked Questions

How large is Herbert K Cummings Charitable Trust?

As of 2024, Herbert K Cummings Charitable Trust holds $1.7M in total assets with $205K in annual revenue. It awarded 1 grants totaling $258K in 2024.

Where does Herbert K Cummings Charitable Trust operate?

Herbert K Cummings Charitable Trust has awarded grants in California.

What size grants does Herbert K Cummings Charitable Trust award?

In 2024, Herbert K Cummings Charitable Trust awarded 1 grants totaling $258K — an average of about $258K per grant, based on its IRS Form 990 filings.

How much is Herbert K Cummings Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Herbert K Cummings Charitable Trust reported a distributable amount of $220K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Herbert K Cummings Charitable Trust's EIN?

Herbert K Cummings Charitable Trust's EIN (Employer Identification Number) is 86-6148404. IRS Form 990 filing data is available on this page for 2020–2024.