Marie M Rector Charitable Trust

PARKERSBURG, WV EIN: 84-6810582

Marie M Rector Charitable Trust is a private foundation, based in PARKERSBURG, WV. IRS filing data is available for 2022. As of 2022, the organization holds $1.5M in total assets. In 2022, it awarded 1 grants totaling $90K. Net investment income was $110K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$1.5M

Annual Giving

$90K

Grant Count

Avg Grant Size

$90K

Under IRS private-foundation payout rules, Marie M Rector Charitable Trust reported a distributable amount of $78K for 2022 — the minimum it must pay out in qualifying distributions.

About Marie M Rector Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

West Virginia $90K (100%)

States

West Virginia

Cities

Parkersburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2022
Total Assets	$1,460,903
Revenue	$112,344
Expenses	$117,231
Qualifying Distributions	$90,000
Net Investment Income	$109,540
Distributable Amount	$77,530

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 2022

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Children's Listening Place Inc ($90,000).

Recipient	Purpose	Amount
CHILDREN'S LISTENING PLACE INC PARKERSBURG, WV	SUPPORT	$90,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Marie M Rector Charitable Trust?

As of 2022, Marie M Rector Charitable Trust holds $1.5M in total assets with $112K in annual revenue. It awarded 1 grants totaling $90K in 2022.

Where does Marie M Rector Charitable Trust operate?

Marie M Rector Charitable Trust has awarded grants in West Virginia.

What size grants does Marie M Rector Charitable Trust award?

In 2022, Marie M Rector Charitable Trust awarded 1 grants totaling $90K — an average of about $90K per grant, based on its IRS Form 990 filings.

How much is Marie M Rector Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Marie M Rector Charitable Trust reported a distributable amount of $78K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.