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The Bingham Trust

Profile

Last Updated: 2016-09-19

At A Glance

The Bingham Trust

(formerly Mr. Bingham's Trust for Charity)

P.O. Box 82

Old Lyme, CT United States 06371

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $51,561,264

Total giving: $2,216,150

EIN

136069740

BRIDGE Number

0641142793

Background

Trust established in 1935 in NY

Purpose and Activities

Since its inception, the trust has confined its grants to a small group of institutions to achieve maximum philanthropic effect. Every five years it reviews its focus and may choose new fields of interest. Two new fields of interest that have been added to the foundation's focus are the prevention and treatment of teenage obesity, and research in aging. Because its grant criteria are extremely narrow, all grantees are selected by invitation only after research by the trustees.

Fields of Interest

Subjects
  • Environment
  • Higher education
  • Music

Financial Data

Year ended 2014-12-31

Assets: $51,561,264 (market value)

Expenditures: $2,857,587

Total giving: $2,216,150

Qualifying distributions: $2,516,896

Giving activities include:

$2,216,150 for 11 grants (high: $500,000; low: $11,215)