Mary V Ricci Trust

WATERBURY, CT EIN: 06-6108041

Mary V Ricci Trust is a private foundation, based in WATERBURY, CT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 17 grants totaling $84K. Net investment income was $28K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

-4.9% YoY

Annual Giving

$84K

+42.6% YoY

Grant Count

+6.3% YoY

Avg Grant Size

$5K

+34.3% YoY

Under IRS private-foundation payout rules, Mary V Ricci Trust reported a distributable amount of $94K for 2024 — the minimum it must pay out in qualifying distributions.

About Mary V Ricci Trust

Based on IRS filings

Ready to take the next step with Mary V Ricci Trust?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Connecticut $279K (83%)

New York $23K (7%)

District of Columbia $19K (6%)

Oklahoma $6K (2%)

Florida $4K (1%)

Maryland $4K (1%)

Massachusetts $500 (0%)

New Hampshire $250 (0%)

+1 more states

States

Connecticut District of Columbia Florida Massachusetts Maryland New Hampshire New York Oklahoma Rhode Island

Cities

BeverlyFarmingtonHagerstownHamdenHartfordMeridenNew BritainNew HavenOklahoma CityProspectProvidenceRindgeSchenactadySt PetersburgStorrsWallingfordWashingtonWaterburyWest HavenWest Nyack

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,222,192	$1,284,924	$1,288,400
Revenue	$48,835	$81,955	$31,804
Expenses	$111,947	$83,859	$149,958
Qualifying Distributions	$93,539	$63,996	$131,199
Net Investment Income	$28,386	$65,411	$20,380
Distributable Amount	$94,007	$82,134	$87,160

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

66 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Midstate Medical Center ($16,400), Conn Institute for the Blind ($16,400), Conn Children's Medical Ctr Fdn ($16,400).

Recipient	Purpose	Amount
MIDSTATE MEDICAL CENTER FARMINGTON, CT	GENERAL SUPPORT	$16,400
OUR LADY QUEEN OF ANGELS PARISH MERIDEN, CT	GENERAL SUPPORT	$210
BOYS & GIRLS CLUB OF MERIDEN MERIDEN, CT	GENERAL SUPPORT	$8,200
CONN INSTITUTE FOR THE BLIND HARTFORD, CT	GENERAL SUPPORT	$16,400
MERIDEN PUBLIC LIBRARY MERIDEN, CT	GENERAL SUPPORT	$500
Quinnipiac University Hamden, CT	GENERAL SUPPORT	$500
SALVATION ARMY WEST NYACK, NY	GENERAL SUPPORT	$4,100
THE GAYLORD HOSPITAL WALLINGFORD, CT	GENERAL SUPPORT	$8,200
ENDICOTT COLLEGE BEVERLY, MA	GENERAL SUPPORT	$250
CENTRAL CONNECTICUT STATE UNIVERSITY NEW BRITAIN, CT	GENERAL SUPPORT	$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Mary V Ricci Trust?

As of 2024, Mary V Ricci Trust holds $1.2M in total assets with $49K in annual revenue. It awarded 17 grants totaling $84K in 2024.

Where does Mary V Ricci Trust operate?

Mary V Ricci Trust has awarded grants in Connecticut, District of Columbia, Florida, Massachusetts, Maryland, New Hampshire, New York, Oklahoma, Rhode Island.

What size grants does Mary V Ricci Trust award?

In 2024, Mary V Ricci Trust awarded 17 grants totaling $84K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Mary V Ricci Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mary V Ricci Trust reported a distributable amount of $94K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.