Warren S Mitchell Testamentary Trust B

NEWPORT, VT EIN: 03-6052151

Warren S Mitchell Testamentary Trust B is a private foundation, based in NEWPORT, VT. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $226K in total assets. In 2022, it awarded 2 grants totaling $15K. Net investment income was $6K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$226K

-5.2% YoY

Annual Giving

$15K

-74.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$8K

-74.2% YoY

Under IRS private-foundation payout rules, Warren S Mitchell Testamentary Trust B reported a distributable amount of $13K for 2022 — the minimum it must pay out in qualifying distributions.

About Warren S Mitchell Testamentary Trust B

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Vermont $75K (100%)

States

Vermont

Cities

Newport

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2022	2021
Total Assets	$225,807	$238,175
Revenue	$8,731	$52,358
Expenses	$21,033	$68,286
Qualifying Distributions	$16,736	$61,256
Net Investment Income	$6,091	$49,253
Distributable Amount	$13,413	$14,809

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 2022

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include North Country Hospital & Health ($7,723), United Church of Newport ($7,723).

Recipient	Purpose	Amount
NORTH COUNTRY HOSPITAL & HEALTH NEWPORT, VT	GENERAL SUPPORT	$7,723
UNITED CHURCH OF NEWPORT NEWPORT, VT	GENERAL SUPPORT	$7,723

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

Name	Title	Hours	Compensation
COMMUNITY FINANCIAL SERVICES GROUP	TRUSTEE	—	$3,140

Frequently Asked Questions

How large is Warren S Mitchell Testamentary Trust B?

As of 2022, Warren S Mitchell Testamentary Trust B holds $226K in total assets with $9K in annual revenue. It awarded 2 grants totaling $15K in 2022.

Where does Warren S Mitchell Testamentary Trust B operate?

Warren S Mitchell Testamentary Trust B has awarded grants in Vermont.

What size grants does Warren S Mitchell Testamentary Trust B award?

In 2022, Warren S Mitchell Testamentary Trust B awarded 2 grants totaling $15K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Warren S Mitchell Testamentary Trust B required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Warren S Mitchell Testamentary Trust B reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Warren S Mitchell Testamentary Trust B's EIN?

Warren S Mitchell Testamentary Trust B's EIN (Employer Identification Number) is 03-6052151. IRS Form 990 filing data is available on this page for 2021–2022.