Carkeek V & FL Memorial FD TW
Carkeek V & FL Memorial FD TW is a private foundation focused on Education, based in Eagan, MN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 2 grants totaling $21K. Net investment income was $141K.
Key facts about Carkeek V & FL Memorial FD TW
In short: Carkeek V & FL Memorial FD TW gave $21K across 2 grants in 2025 (avg $10K), mostly in Washington. Source: 2025 IRS Form 990-PF.
- EIN
- 91-6022715
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $20,500
- Grants made (2025)
- 2
- Average grant
- $10,250
- Median grant
- $10,250
- Total assets
- $2,460,772
- Primary geography
- Washington (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.5M
+4.8% YoY
Annual Giving
$21K
-94.7% YoY
Grant Count
2
-66.7% YoY
Avg Grant Size
$10K
-84.0% YoY
Under IRS private-foundation payout rules, Carkeek V & FL Memorial FD TW reported a distributable amount of $160K for 2025 — the minimum it must pay out in qualifying distributions.
How Carkeek V & FL Memorial FD TW gives
- In 2025 it paid out 16% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $21K (2025) to $384K (2024). In 2025 it made 2 grants totaling $21K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was University of Washington ($16K). Together the top 2 received $21K.
Grant Size Distribution
67 grants across all recorded years
The most common grant size was under $50K: 64 grants of 67 (96%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Washington Seattle, WA | Scholarships | $15,500 |
| Western Washington University Bellingham, WA | Scholarships | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,460,772 | $2,348,182 | $2,562,555 |
| Revenue | $180,295 | $213,044 | $132,816 |
| Expenses | $67,701 | $427,417 | $148,089 |
| Qualifying Distributions | $24,821 | $387,760 | $116,930 |
| Net Investment Income | $140,732 | $174,601 | $102,735 |
| Distributable Amount | $159,573 | $152,708 | $145,095 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 12, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 11, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 10, 2026)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 12, 2022)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
Carkeek V & FL Memorial FD TW's only listed officer is US Bank N A, Trustee on every filing since 2023 (compensated).
Officers on the 2025 filing
US Bank N A
Trustee
On filings since 2023
1 hr/week
$40K (2023) → $43K (2025)
Former officers (1)
- Former: Mufg Union Bank N A (2021) — Trustee
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $43K, to US Bank N a (Trustee).
Frequently asked questions about Carkeek V & FL Memorial FD TW
How much does Carkeek V & FL Memorial FD TW give each year?
Carkeek V & FL Memorial FD TW gave $21K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $384K across 6 grants.
How large is Carkeek V & FL Memorial FD TW?
Carkeek V & FL Memorial FD TW reported $2.5M in total assets on its 2025 IRS Form 990-PF. It paid out $25K in qualifying distributions that year, against a required minimum of $160K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Carkeek V & FL Memorial FD TW?
Carkeek V & FL Memorial FD TW is a private foundation focused on Education, based in Eagan, MN. It holds $2.5M in total assets as of 2025.
Where does Carkeek V & FL Memorial FD TW operate?
Carkeek V & FL Memorial FD TW has awarded grants in Arizona, Massachusetts, Washington, Wisconsin.
What is Carkeek V & FL Memorial FD TW's EIN?
Carkeek V & FL Memorial FD TW's EIN (Employer Identification Number) is 91-6022715. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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