The Irma L. and Abram S. Croll Charitable Trust was established to honor the philanthropic legacy of the Croll family, with a focus on supporting charitable causes primarily in the New York City area. The Trust is managed by Wells Fargo Bank, N.A., and provides funding for nonprofit organizations that align with its mission of fostering community improvement through support in the areas of arts, culture, humanities, education, and health.
Eligible applicants must be tax-exempt under Section 501(c)(3) of the Internal Revenue Code. While there are no formal geographic limitations imposed by the Trust, funding has traditionally been directed towards organizations located in the New York City region. This localized focus reflects the family’s commitment to their community and heritage.
The grant application process is open throughout the year, but to be considered for funding, completed applications must be submitted by June 1 annually. Applications received by this date are reviewed at the Trust's annual grant meeting, and funding decisions are generally communicated by September. All applicants receive an automated confirmation email upon submission of their application.
Typical grant awards range from $25,000 to $200,000, with the Trust awarding approximately 3 to 5 grants annually. The average total funding distributed each year is around $400,000. The Trust supports a select number of impactful projects rather than a high volume of smaller awards.
Organizations that receive funding may be required to submit periodic progress reports and a final report, depending on the specifics of the grant. These reporting requirements help ensure accountability and track the impact of the funded programs.
