Munger Charitable Trust Number Three
Preselected recipients only
Munger Charitable Trust Number Three is a private foundation in Pasadena, California. In tax year 2024 it gave $51.7 million in 3 grants; the typical grant was $681,596 and the largest $50.6 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$51.7 million
- Number of grants3
- Typical grant$681,596
- Largest grant$50.6 million
- Assets$109 million
- New grantees100%
Giving in 2024 was up from $24,000 the year before.
100% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $24,000 | 2 | $649,873 |
| 2024 | $51.7 million | 3 | $109 million |
How to apply
Munger Charitable Trust Number Three says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Munger Charitable Trust Number Three funds
Where it gives
All of its grants went to recipients in California.
| State | Grants | Amount |
|---|---|---|
| California | 3 | $51.7 million |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Pasadena Community Foundation | (1) description: 64 shares of berkshire hathaway class a securities (2) book value: $39,082,752 (3) method used to determine book value: average of the high/low on the date the securities were received by the foundation. (4) method used to determine fair market value: average of the high/low on the date the securities were donated. (5) date of the gift: 03/20/2025 (6) purpose: general operating support | $50.6 million |
| Pasadena Community Foundation | (1) description: 1 share of berkshire hathaway class a securities (2) book value: $610,668 (3) method used to determine book value: average of the high/low on the date the securities were received by the foundation. (4) method used to determine fair market value: average of the high/low on the date the securities were donated. (5) date of the gift: 12/17/2024 (6) purpose: general operating support | $681,596 |
| Pasadena Community Foundation | (1) description: 910 shares of berkshire hathaway class b securities (2) book value: $403,588 (3) method used to determine book value: average of the high/low on the date the securities were received by the foundation. (4) method used to determine fair market value: average of the high/low on the date the securities were donated. (5) date of the gift: 12/17/2024 (6) purpose: general operating support | $413,449 |
Officers and trustees
- William H Borthwick
Questions people ask
Does Munger Charitable Trust Number Three accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Munger Charitable Trust Number Three give?
$51.7 million in tax year 2024, across 3 grants, with a typical grant of $681,596.
Who runs Munger Charitable Trust Number Three?
Its 2024 filing lists William H Borthwick (Trustee).
What does Munger Charitable Trust Number Three fund?
Based on its grants, mainly community development.