Ruth E Bates Charitable Trust

PENNINGTON, NJ EIN: 91-6549738

Ruth E Bates Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $614K in total assets. In 2024, it awarded 3 grants totaling $28K. Net investment income was $39K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$614K

+0.5% YoY

Annual Giving

$28K

-10.6% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$9K

-10.6% YoY

Under IRS private-foundation payout rules, Ruth E Bates Charitable Trust reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.

About Ruth E Bates Charitable Trust

Based on IRS filings

Ruth E Bates Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $614K in total assets. In 2024, it awarded 3 grants totaling $28K. Net investment income was $39K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AtlantaChicagoTrenton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$23K$47K$70K$94K2021202220232024
Metric202420232022
Total Assets$613,611$610,452$592,600
Revenue$44,089$60,507$68,957
Expenses$40,842$44,047$40,843
Qualifying Distributions$35,061$38,144$33,778
Net Investment Income$38,921$54,884$63,032
Distributable Amount$36,791$34,877$38,994

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$15K$23K$31K3 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

American Cancer Society$9KAlzheimers Disease Assoc…$9KDisabled American Veterans$9K

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Cancer Society ($9,218), Alzheimers Disease Association ($9,218), Disabled American Veterans ($9,218).

RecipientPurposeAmount
American Cancer Society Atlanta, GAGENERAL OPERATING$9,218
Alzheimers Disease Association Chicago, ILGENERAL OPERATING$9,218
Disabled American Veterans Trenton, NJGENERAL OPERATING$9,218

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BANK OF AMERICA N ATRUSTEE$12K

From 2024 filing

NameTitleHoursCompensation
BANK OF AMERICA N ATRUSTEE1$12,344

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ruth E Bates Charitable Trust?

Ruth E Bates Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $614K in total assets as of 2024.

How large is Ruth E Bates Charitable Trust?

As of 2024, Ruth E Bates Charitable Trust holds $614K in total assets with $44K in annual revenue. It awarded 3 grants totaling $28K in 2024.

Where does Ruth E Bates Charitable Trust operate?

Ruth E Bates Charitable Trust has awarded grants in Georgia, Illinois, New Jersey.

What size grants does Ruth E Bates Charitable Trust award?

In 2024, Ruth E Bates Charitable Trust awarded 3 grants totaling $28K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Ruth E Bates Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ruth E Bates Charitable Trust reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ruth E Bates Charitable Trust's EIN?

Ruth E Bates Charitable Trust's EIN (Employer Identification Number) is 91-6549738. IRS Form 990 filing data is available on this page for 2021–2024.

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Related Funders

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

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