Myrtle E & Wm G Hess Charitable Trust

CHICAGO, IL EIN: 38-2617770

Myrtle E & Wm G Hess Charitable Trust is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 7 grants totaling $97K. Net investment income was $252K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.8M

+1.5% YoY

Annual Giving

$97K

-70.1% YoY

Grant Count

7

-36.4% YoY

Avg Grant Size

$14K

-53.0% YoY

About Myrtle E & Wm G Hess Charitable Trust

Based on IRS filings

Myrtle E & Wm G Hess Charitable Trust is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 7 grants totaling $97K. Net investment income was $252K.

Ready to take the next step with Myrtle E & Wm G Hess Charitable Trust?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

Bloomfield HillsClawsonColumbusDetroitFarmington HillsLake OrionNorthvillePontiacRock HillSouthfieldSouthfield HillsTroyWalkertonWaterfordWhite Lake

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$163K$327K$490K$653K2021202220232024
Metric202420232022
Total Assets$6,780,320$6,679,386$6,737,483
Revenue$312,588$419,830$377,519
Expenses$209,042$477,930$497,501
Qualifying Distributions$145,865$388,791$398,714
Net Investment Income$252,053$333,775$288,971
Distributable Amount$442,238$395,708$431,724

Giving Over Time

Total grant dollars and number of grants per year

$0$83K$167K$250K$334K15 grants202114 grants202211 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

ST PATRICK PARISH$27KCHRIST MEDICUS FOUNDATION$20KGUEST HOUSE INC$15KMARIAN HIGH SCHOOL$12KMOTHER AND UNBORN BABY C…$10KMERCY HIGH SCHOOL$8KSOCIETY OF ST VINCENT DE…$5K

Grant Size Distribution

47 grants across all recorded years

40<$50K4$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Myrtle E & Wm G Hess Charitable Trust

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS W PAYNECO-TRUSTEE2

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

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