Charles C Faranna Scholarship Trust
The Charles C Faranna Scholarship Trust is a private foundation based in Broken Arrow, Oklahoma. Its 2025 grants were designated for scholarships, with all reported grant dollars going to recipients in Oklahoma.
Key facts about Charles C Faranna Scholarship Trust
In short: Charles C Faranna Scholarship Trust gave $48K across 47 grants in 2025 (avg $1K), mostly in Oklahoma. Source: 2025 IRS Form 990-PF.
- EIN
- 73-6251335
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $48,000
- Grants made (2025)
- 47
- Average grant
- $1,021
- Median grant
- $1,000
- Total assets
- $2,539,979
- Primary geography
- Oklahoma (100% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The trust does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.5M
-18.6% YoY
Annual Giving
$48K
-45.5% YoY
Grant Count
47
-45.3% YoY
Avg Grant Size
$1K
-0.2% YoY
How Charles C Faranna Scholarship Trust gives
- Giving fell 49% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
No formal mission statement is available. The 2025 grants listed in the filing were for scholarships.
Grantmaking
In 2025, the trust made 47 grants totaling $48,000. Grants ranged from $1,000 to $2,000, with a median grant of $1,000. The largest listed grant was $2,000 to Logan Hand in Broken Arrow, Oklahoma, for a scholarship. Other listed $1,000 scholarship grants included those to Addison Lau, Adrian Fortner, Alaina Swenson, and Alexandria Flora, all in Broken Arrow.
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Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Oklahoma.
Grant Distribution by State
Share of 2025 grant dollars across all 47 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $48K (2025) to $114K (2020). In 2025 it made 47 grants totaling $48K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
398 grants across all recorded years
The most common grant size was under $50K: 398 grants of 398 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 47 individual scholarships Recipients not named | — | $48,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grants | Grant total |
|---|---|---|
| 2025 | 47 | $48,000 |
| 2024 | 86 | $88,000 |
| 2023 | 70 | $70,000 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,539,979 | $3,121,997 | $2,985,238 |
| Revenue | $379,657 | $304,283 | $306,816 |
| Expenses | $465,584 | $506,066 | $433,817 |
| Qualifying Distributions | $47,000 | $88,000 | $70,000 |
| Net Investment Income | $379,657 | $304,283 | $306,816 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 31, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 25, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 20, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 3, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 18, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Elizabeth Pullum Johnson, Jo Ann Sanning, and Matthew R Madalone as trustees.
Charles C Faranna Scholarship Trust's 2025 filing lists 3 officers; all 3 officers listed in 2025 are compensated.
Officers on the 2025 filing
Elizabeth Pullum Johnson
Trustee
On filings since 2019
40 hrs/week
$201K (2019) → $253K (2025)
Jo Ann Sanning
Trustee
On filings since 2019
25 hrs/week
$76K (2019) → $83K (2025)
Matthew R. Madalone
Trustee
On filings since 2020
5 hrs/week
$27K (2020) → $48K (2025)
Former officers (1)
- Former: William E. Owen (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "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 $253K, to Elizabeth Pullum Johnson (Trustee). 3 officers or directors reported compensation on that filing.
Contact
Application contact: Elizabeth Pullum Johnson
Mailing address: 7300 S Birch Ave, Tulsa, OK 74011
Phone: (918) 625-2652
Frequently asked questions about Charles C Faranna Scholarship Trust
How much does Charles C Faranna Scholarship Trust give each year?
Charles C Faranna Scholarship Trust gave $48K across 47 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $88K across 86 grants.
What is Charles C Faranna Scholarship Trust's typical grant size?
Charles C Faranna Scholarship Trust's median grant in 2025 was $1,000, and its average grant was $1,021, across 47 grants on its 2025 IRS Form 990-PF.
Where does Charles C Faranna Scholarship Trust give grants?
Charles C Faranna Scholarship Trust gives mostly in Oklahoma: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Charles C Faranna Scholarship Trust give general operating support?
Not in 2025: none of the 47 grants with a stated purpose on Charles C Faranna Scholarship Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (47 grants).
How large is Charles C Faranna Scholarship Trust?
Charles C Faranna Scholarship Trust reported $2.5M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $380K.
What does Charles C Faranna Scholarship Trust fund?
No formal mission statement is available. The 2025 grants listed in the filing were for scholarships. See mission & focus areas ↑
How do I apply for a grant from Charles C Faranna Scholarship Trust?
The trust does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Charles C Faranna Scholarship Trust's EIN?
Charles C Faranna Scholarship Trust's EIN (Employer Identification Number) is 73-6251335. IRS Form 990 filing data is available on this page for 2019–2025.
Does Charles C Faranna Scholarship Trust accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Charles C Faranna Scholarship Trust by hand.
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