Carkeek V & FL Memorial FD TW

Private foundation · Grantmaker Eagan, MN EIN: 91-6022715
EducationReligion

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

4states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

PhoenixMilwaukeeSeattleBellinghamBostonEllensburgPullman

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K34 grants2021 25 grants2023 6 grants2024 2 grants2025

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

University of Washington: $16KUniversity of Washington$16KWestern Washington University: $5KWestern Washington University$5K

The largest 2025 recipient was University of Washington ($16K). Together the top 2 received $21K.

Grant Size Distribution

67 grants across all recorded years

64<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 64 grants of 67 (96%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Washington Seattle, WAScholarships$15,500
Western Washington University Bellingham, WAScholarships$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2021 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 12, 2024)
  2. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 11, 2025)
  3. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 10, 2026)
  4. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 12, 2022)
  5. 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

US Bank N a — Trustee: $43KUS Bank N aTrustee$43K

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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