Carl Shanks Trust Xxxxx4003

CHICAGO, IL EIN: 75-6177377

Carl Shanks Trust Xxxxx4003 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 3 grants totaling $71K. Net investment income was $102K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.3M

+1.8% YoY

Annual Giving

$71K

+5.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$24K

+5.7% YoY

Under IRS private-foundation payout rules, Carl Shanks Trust Xxxxx4003 reported a distributable amount of $86K for 2025 — the minimum it must pay out in qualifying distributions.

About Carl Shanks Trust Xxxxx4003

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $353K (100%)

States

Texas

Cities

AmarilloDallasFort Worth

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$1,335,278	$1,311,605	$1,337,668
Revenue	$118,352	$73,514	$77,724
Expenses	$97,072	$93,196	$102,824
Qualifying Distributions	$80,365	$75,717	$86,120
Net Investment Income	$102,266	$52,761	$60,774
Distributable Amount	$86,286	$79,540	$75,310

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include W I Cook Foundation ($35,354), Cal Farley's Boys Ranch ($17,677), Texas Scottish Rite Hospital ($17,677).

Recipient	Purpose	Amount
CAL FARLEY'S BOYS RANCH AMARILLO, TX	GENERAL	$17,677
TEXAS SCOTTISH RITE HOSPITAL DALLAS, TX	GENERAL	$17,677
W I COOK FOUNDATION FORT WORTH, TX	GENERAL	$35,354

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Carl Shanks Trust Xxxxx4003?

Carl Shanks Trust Xxxxx4003 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $1.3M in total assets as of 2025.

How large is Carl Shanks Trust Xxxxx4003?

As of 2025, Carl Shanks Trust Xxxxx4003 holds $1.3M in total assets with $118K in annual revenue. It awarded 3 grants totaling $71K in 2025.

Where does Carl Shanks Trust Xxxxx4003 operate?

Carl Shanks Trust Xxxxx4003 has awarded grants in Texas.

What size grants does Carl Shanks Trust Xxxxx4003 award?

In 2025, Carl Shanks Trust Xxxxx4003 awarded 3 grants totaling $71K — an average of about $24K per grant, based on its IRS Form 990 filings.

How much is Carl Shanks Trust Xxxxx4003 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Carl Shanks Trust Xxxxx4003 reported a distributable amount of $86K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.