Joan W Cress Charitable Trust Tr

LEXINGTON, SC EIN: 33-6361815

Joan W Cress Charitable Trust Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 9 grants totaling $62K. Net investment income was $35K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+5.5% YoY

Annual Giving

$62K

+1.9% YoY

Grant Count

9

-10.0% YoY

Avg Grant Size

$7K

+13.2% YoY

Under IRS private-foundation payout rules, Joan W Cress Charitable Trust Tr reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

About Joan W Cress Charitable Trust Tr

Based on IRS filings

Joan W Cress Charitable Trust Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 9 grants totaling $62K. Net investment income was $35K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

BooneColumbiaEustisHagerstownLansingLincolnMerrifieldNew YorkWestministerWestminster

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$47K$95K$142K$190K20202021202220232024
Metric202420232022
Total Assets$1,290,973$1,223,794$1,162,403
Revenue$43,743$68,944$72,901
Expenses$82,490$87,197$89,912
Qualifying Distributions$61,740$60,610$68,522
Net Investment Income$34,847$35,368$24,891
Distributable Amount$9,887$9,326$5,633

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$74K$99K10 grants20206 grants202110 grants202210 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

SAMARITANS PURSE$12KPRISON FELLOWSHIP$6KRAFIKI FOUNDATION$6KHOSPICE OF LANSING INC$6KGREATER LANSING FOOD BANK$6KFOOD BANK OF LINCOLN INC$6KPEOPLES CITY MISSION$6KFAIR PLAY CAMP SCHOOL$6KRECONCILIATION MINISTRIES$6K

Grant Size Distribution

45 grants across all recorded years

44<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Samaritans Purse ($12,348), Prison Fellowship ($6,174), Rafiki Foundation ($6,174).

RecipientPurposeAmount
SAMARITANS PURSE BOONE, NCGENERAL$12,348
PRISON FELLOWSHIP MERRIFIELD, VAGENERAL$6,174
RAFIKI FOUNDATION EUSTIS, FLGENERAL$6,174
HOSPICE OF LANSING INC LANSING, MIGENERAL$6,174
GREATER LANSING FOOD BANK LANSING, MIGENERAL$6,174
FOOD BANK OF LINCOLN INC LINCOLN, NEGENERAL$6,174
PEOPLES CITY MISSION LINCOLN, NEGENERAL$6,174
FAIR PLAY CAMP SCHOOL WESTMINISTER, SCGENERAL$6,174
RECONCILIATION MINISTRIES COLUMBIA, SCGENERAL$6,174

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ANDREW R CRESSTRUSTEE$1KCYNTHIA J NIPPERTRUSTEE$1K

From 2024 filing

NameTitleHoursCompensation
ANDREW R CRESSTRUSTEE1$1,000
CYNTHIA J NIPPERTRUSTEE1$1,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Joan W Cress Charitable Trust Tr?

Joan W Cress Charitable Trust Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, SC. It holds $1.3M in total assets as of 2024.

How large is Joan W Cress Charitable Trust Tr?

As of 2024, Joan W Cress Charitable Trust Tr holds $1.3M in total assets with $44K in annual revenue. It awarded 9 grants totaling $62K in 2024.

Where does Joan W Cress Charitable Trust Tr operate?

Joan W Cress Charitable Trust Tr has awarded grants in Florida, Maryland, Michigan, North Carolina, Nebraska, New York, South Carolina, Virginia.

What size grants does Joan W Cress Charitable Trust Tr award?

In 2024, Joan W Cress Charitable Trust Tr awarded 9 grants totaling $62K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Joan W Cress Charitable Trust Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joan W Cress Charitable Trust Tr reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joan W Cress Charitable Trust Tr's EIN?

Joan W Cress Charitable Trust Tr's EIN (Employer Identification Number) is 33-6361815. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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