Silly Putty Charitable Trust

LAS VEGAS, NV EIN: 57-6071454

Silly Putty Charitable Trust is a private foundation, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $104K. Net investment income was $22K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$104K

+3373.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$52K

+3373.1% YoY

Under IRS private-foundation payout rules, Silly Putty Charitable Trust reported a distributable amount of $1K for 2021 — the minimum it must pay out in qualifying distributions.

About Silly Putty Charitable Trust

Based on IRS filings

Ready to take the next step with Silly Putty Charitable Trust?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Connecticut $54K (50%)

South Carolina $54K (50%)

States

Connecticut South Carolina

Cities

CamdenSharon

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	—	$83,942
Revenue	$22,815	$8,228
Expenses	$107,851	$5,950
Qualifying Distributions	$106,527	—
Net Investment Income	$21,787	$6,873
Distributable Amount	$1,022	$4,325

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2021

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include City of Camden ($52,096), Town of Sharon ($52,096).

Recipient	Purpose	Amount
CITY OF CAMDEN CAMDEN, SC	GENERAL OPERATING	$52,096
TOWN OF SHARON SHARON, CT	GENERAL OPERATING	$52,096

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
WELLS FARGO BANK N A	TRUSTEE	1	$1,360

Frequently Asked Questions

Where does Silly Putty Charitable Trust operate?

Silly Putty Charitable Trust has awarded grants in Connecticut, South Carolina.

What size grants does Silly Putty Charitable Trust award?

In 2021, Silly Putty Charitable Trust awarded 2 grants totaling $104K — an average of about $52K per grant, based on its IRS Form 990 filings.

How much is Silly Putty Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Silly Putty Charitable Trust reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.