Joseph & Laura Wortman Fdn Co JTC Trust

Private foundation · Grantmaker Wilmington, DE EIN: 13-6919339
Arts and cultureEducationHuman services

Joseph & Laura Wortman Fdn Co JTC Trust is a private foundation focused on Arts and culture, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $8.9M in total assets. In 2025, it awarded 7 grants totaling $561K. Net investment income was $802K.

Key facts about Joseph & Laura Wortman Fdn Co JTC Trust

In short: Joseph & Laura Wortman Fdn Co JTC Trust gave $561K across 7 grants in 2025 (avg $80K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
13-6919339
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$560,500
Grants made (2025)
7
Average grant
$80,071
Median grant
$75,000
Total assets
$8,925,853
Primary geography
New York (80% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$8.9M

+2.4% YoY

Annual Giving

$561K

+5.7% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$80K

+5.7% YoY

Under IRS private-foundation payout rules, Joseph & Laura Wortman Fdn Co JTC Trust reported a distributable amount of $651K for 2025 — the minimum it must pay out in qualifying distributions.

How Joseph & Laura Wortman Fdn Co JTC Trust gives

  • Giving held roughly steady from 2022 to 2025 (+6%). Method
  • In 2025 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

New YorkBronxChappaquaClevelandScottsdaleLong Island City

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K7 grants2020 7 grants2021 7 grants2022 7 grants2023 7 grants2024 7 grants2025

From 2020 to 2025, annual grant giving ranged from $450K (2020) to $561K (2025). In 2025 it made 7 grants totaling $561K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Wildlife Conservation Society: $135KWildlife Conservation Society$135KChildren's Aid - Wagon Road Camp: $121KChildren's Aid - Wagon RoadCamp$121KSaint Ignatius School: $85KSaint Ignatius School$85KRiverside Symphony: $75KRiverside Symphony$75KLife Is Precious: $60KLife Is Precious$60KHorticultural Society: $60KHorticultural Society$60KMayo Clinic: $25KMayo Clinic$25K

The largest 2025 recipient was Wildlife Conservation Society ($135K). Together the top 7 received $561K.

Grant Size Distribution

35 grants across all recorded years

5<$50K22$50–100K8$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 22 grants of 35 (63%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Wildlife Conservation Society Bronx, NYGeneral Operating$135,000
Children's Aid - Wagon Road Camp Chappaqua, NYGeneral Operating$120,500
Saint Ignatius School Cleveland, OHGeneral Operating$85,000
Riverside Symphony New York, NYGeneral Oeprating$75,000
Life Is Precious Long Island City, NYGeneral Operating$60,000
Horticultural Society New York, NYGeneral Operating$60,000
Mayo Clinic Scottsdale, AZGeneral Operating$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$8,925,853$8,715,217$8,693,077
Revenue$926,272$712,728$423,546
Expenses$735,523$689,398$650,226
Qualifying Distributions$599,965$567,789$541,108
Net Investment Income$802,178$593,381$311,827
Distributable Amount$650,690$597,959$538,862

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Joseph & Laura Wortman Fdn Co JTC Trust's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • JTC Trust Company Delaware

    Trustee

    New on the 2025 filing

    $57K (2025)

  • Albert L. Lingelbach Esq.

    Co-Ttee & As Req'd

    On filings since 2020

    $13K (2020) → $18K (2025)

Former officers (1)
  • Former: Citibank N A (2020–2024) — Trustee & As Req'd

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

JTC Trust Company Delaware — Trustee: $57KJTC Trust Company…Trustee$57KAlbert L Lingelbach ESQ — Co-Ttee, as Req'd: $18KAlbert L Lingelbach ESQCo-Ttee, as Req'd$18K

The highest reported compensation on the 2025 filing was $57K, to JTC Trust Company Delaware (Trustee). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Joseph & Laura Wortman Fdn Co JTC Trust

How much does Joseph & Laura Wortman Fdn Co JTC Trust give each year?

Joseph & Laura Wortman Fdn Co JTC Trust gave $561K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $531K across 7 grants.

What is Joseph & Laura Wortman Fdn Co JTC Trust's typical grant size?

Joseph & Laura Wortman Fdn Co JTC Trust's median grant in 2025 was $75,000, and its average grant was $80,071, across 7 grants on its 2025 IRS Form 990-PF.

Where does Joseph & Laura Wortman Fdn Co JTC Trust give grants?

Joseph & Laura Wortman Fdn Co JTC Trust gives mostly in New York: 80% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Ohio (15%). The most frequent recipient cities were New York, NY (2 grants).

Does Joseph & Laura Wortman Fdn Co JTC Trust give general operating support?

Yes: 100% of Joseph & Laura Wortman Fdn Co JTC Trust's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Joseph & Laura Wortman Fdn Co JTC Trust's largest grantees?

Joseph & Laura Wortman Fdn Co JTC Trust's largest 2025 grantees include Wildlife Conservation Society ($135,000), Children's Aid - Wagon Road Camp ($120,500) and Saint Ignatius School ($85,000), according to its 2025 IRS Form 990-PF. Together they received 61% of its itemized 2025 grant dollars.

How large is Joseph & Laura Wortman Fdn Co JTC Trust?

Joseph & Laura Wortman Fdn Co JTC Trust reported $8.9M in total assets on its 2025 IRS Form 990-PF. It paid out $600K in qualifying distributions that year, against a required minimum of $651K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Joseph & Laura Wortman Fdn Co JTC Trust?

Joseph & Laura Wortman Fdn Co JTC Trust is a private foundation focused on Arts and culture, based in Wilmington, DE. It holds $8.9M in total assets as of 2025.

What is Joseph & Laura Wortman Fdn Co JTC Trust's EIN?

Joseph & Laura Wortman Fdn Co JTC Trust's EIN (Employer Identification Number) is 13-6919339. IRS Form 990 filing data is available on this page for 2020–2025.

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

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