Mollie B Foley Charitable Trust 086048-000

WILMINGTON, DE EIN: 22-6573797

Mollie B Foley Charitable Trust 086048-000 is a private foundation, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 1 grants totaling $296K. Net investment income was $281K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.3M

-0.6% YoY

Annual Giving

$296K

-7.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$296K

-7.8% YoY

Under IRS private-foundation payout rules, Mollie B Foley Charitable Trust 086048-000 reported a distributable amount of $295K for 2024 — the minimum it must pay out in qualifying distributions.

About Mollie B Foley Charitable Trust 086048-000

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Delaware $1.1M (84%)

Massachusetts $213K (16%)

California $4K (0%)

States

California Delaware Massachusetts

Cities

BostonDuxburyEast BostonHarwichJamaica PlainLunnNewtonNewtownReadingRoxburySan FranciscoWellesleyWilmington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,346,311	$4,373,495	$4,550,137
Revenue	$319,865	$181,747	$114,656
Expenses	$346,465	$358,110	$331,674
Qualifying Distributions	$304,699	$326,802	$285,225
Net Investment Income	$281,112	$149,337	$69,335
Distributable Amount	$294,738	$272,769	$283,826

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

32 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached List of Grants Paid ($295,600).

Recipient	Purpose	Amount
SEE ATTACHED LIST OF GRANTS PAID WILMINGTON, DE	SEE ATTACHED PURPOSE	$295,600

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Barbara F Wand Esq	Co-Trustee	2	$16,559
Mary B Foley CO Barbara F Wand	Co-Trustee	1	—

Frequently Asked Questions

How large is Mollie B Foley Charitable Trust 086048-000?

As of 2024, Mollie B Foley Charitable Trust 086048-000 holds $4.3M in total assets with $320K in annual revenue. It awarded 1 grants totaling $296K in 2024.

Where does Mollie B Foley Charitable Trust 086048-000 operate?

Mollie B Foley Charitable Trust 086048-000 has awarded grants in California, Delaware, Massachusetts.

What size grants does Mollie B Foley Charitable Trust 086048-000 award?

In 2024, Mollie B Foley Charitable Trust 086048-000 awarded 1 grants totaling $296K — an average of about $296K per grant, based on its IRS Form 990 filings.

How much is Mollie B Foley Charitable Trust 086048-000 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mollie B Foley Charitable Trust 086048-000 reported a distributable amount of $295K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mollie B Foley Charitable Trust 086048-000's EIN?

Mollie B Foley Charitable Trust 086048-000's EIN (Employer Identification Number) is 22-6573797. IRS Form 990 filing data is available on this page for 2020–2024.