Karl Gassert Charitable Trust
Preselected recipients only
Karl Gassert Charitable Trust is a private foundation in Chicago, Illinois. In tax year 2025 it gave $137,674 in 1 grant; the typical grant was $137,674 and the largest $137,674. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$137,674
- Number of grants1
- Typical grant$137,674
- Largest grant$137,674
- Assets$3.7 million
- New grantees0%
Giving in 2025 was up from $136,613 the year before.
0% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $123,823 | 1 | $3.3 million |
| 2024 | $136,613 | 1 | $3.3 million |
| 2025 | $137,674 | 1 | $3.7 million |
How to apply
Karl Gassert Charitable Trust 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.
Where it gives
All of its grants went to recipients in Indiana.
| State | Grants | Amount |
|---|---|---|
| Indiana | 1 | $137,674 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Central Indiana Community Fdninc | General | $137,674 |
Officers and trustees
- JP Morgan Chase Bank NA
Questions people ask
Does Karl Gassert Charitable Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Karl Gassert Charitable Trust give?
$137,674 in tax year 2025, across 1 grant, with a typical grant of $137,674.
Who runs Karl Gassert Charitable Trust?
Its 2025 filing lists JP Morgan Chase Bank NA (Trustee).