Charles & Nancy Oden Luce Trust
Charles & Nancy Oden Luce Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grant totaling $279K. Net investment income was $8K.
Charles & Nancy Oden Luce Trust at a glance
In short: Charles & Nancy Oden Luce Trust gave $279K across 1 grant in 2023 (avg $279K), mostly in Oregon. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $279,190
- +2226.6% vs 2022
- Grants made (2023)
- 1
- -75.0% vs 2022
- Average grant
- $279,190
- +9206.3% vs 2022
- Median grant
- $279,190
- Primary geography
- Oregon (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Charles & Nancy Oden Luce Trust funds
How this funder distributes its grants
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 14 grants of 15 (93%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2023 grant dollars on its one itemized grant.
Cities
How Charles & Nancy Oden Luce Trust gives
- Giving grew 2692% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $10K (2020) to $279K (2023). In 2023 it made 1 grant totaling $279K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $279,190 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $11,304 | $284,759 | $279,190 | 1 | $282,028 | $8,342 | $23,454 |
| 2022 | $263,478 | $-5,356 | $21,827 | $12,000 | 4 | $16,547 | $1,451 | $16,381 |
| 2021 | $288,623 | $59,805 | $21,267 | $12,000 | 6 | $16,952 | $55,448 | $18,119 |
| 2020 | $247,771 | $21,769 | $16,456 | $10,000 | 4 | — | $17,843 | $14,358 |
Under IRS private-foundation payout rules, Charles & Nancy Oden Luce Trust reported a distributable amount of $23K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Charles & Nancy Oden Luce Trust is led by Louella J. Farrow Asst Director, Dept of Executive Director & Assistant Director on every filing since 2020; 1 of 3 officers listed in 2023 is compensated.
Officers on the 2023 filing
Louella J. Farrow Asst Director
Dept of Executive Director & Assistant Director
On filings since 2020
20 hrs/week
No compensation reported
Bank Of America
Trustee
On filings since 2021
1 hr/week
$5K (2021) → $1K (2023)
Zenaida M. Lyles Director
Dept. of Education Director
On filings since 2020
30 hrs/week
No compensation reported
Former officers (1)
- Former: Bank Of America N A (2020) — Trustee
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $1K, to Bank of America (Trustee).
Frequently asked questions about Charles & Nancy Oden Luce Trust
How much does Charles & Nancy Oden Luce Trust give each year?
Charles & Nancy Oden Luce Trust gave $279K across 1 grant in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $12K across 4 grants.
Where does Charles & Nancy Oden Luce Trust operate?
Charles & Nancy Oden Luce Trust has awarded grants in Idaho, Nevada, New York, Oregon, Utah, Washington.
How much is Charles & Nancy Oden Luce Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Charles & Nancy Oden Luce Trust reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Charles & Nancy Oden Luce Trust's EIN?
Charles & Nancy Oden Luce Trust's EIN (Employer Identification Number) is 91-6026999. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 31, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
- IRS filings on file for fiscal years 2020–2023
Explore Open Grants
Browse active grant opportunities in Charles & Nancy Oden Luce Trust's focus areas in our free grants database
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