Charles Morton Share Trust
Charles Morton Share Trust is a private foundation focused on Education, based in Oklahoma City, OK. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $24.1M in total assets. In 2025, it awarded 9 grants totaling $776K. Net investment income was $5.9M.
Charles Morton Share Trust at a glance
In short: Charles Morton Share Trust gave $776K across 9 grants in 2025 (avg $86K), mostly in Oklahoma. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $775,924
- -74.5% vs 2024
- Grants made (2025)
- 9
- -40.0% vs 2024
- Average grant
- $86,214
- -57.5% vs 2024
- Median grant
- $60,000
- Total assets
- $24,071,758
- +26.4% vs 2024
- Primary geography
- Oklahoma (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Charles Morton Share Trust funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Alva Arena Authority ($250K). Together the top 8 received $776K.
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 29 grants of 45 (64%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
How Charles Morton Share Trust gives
- Giving grew 308% from 2022 to 2025. Method
- In 2025 it paid out 773% of 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 2025, annual grant giving ranged from $180K (2021) to $3.0M (2024). In 2025 it made 9 grants totaling $776K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Alva Arena Authority Alva, OK | Funding of the Arena Project | $250,000 |
| City of Alva Alva, OK | Construction of New Public Swimming Pool | $250,000 |
| Northwestern Oklahoma State University Alva, OK | Upgrades to Rodeo Facility | $75,000 |
| Alva Board of Education Alva, OK | Scholarships | $72,824 |
| Service Unit 629 Girl Scouts Western Oklahoma Alva, OK | Renovation of Girl Scout Hut 201 | $60,000 |
| NW Foundationheartland Best Alva, OK | Event Costs and New Controller System | $36,000 |
| Northwestern Oklahoma State University Alva, OK | Reimbursement for Homecoming Festival | $12,100 |
| Northwest Technology Center Foundation Alva, OK | Business development incentive for launch local business model competition | $10,000 |
| Waynoka Historical Society Waynoka, OK | Surveilance Camera Set-up | $10,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $24,071,758 | $6,295,576 | $1,261,214 | $775,924 | 9 | $15,696,473 | $5,940,836 | $2,031,768 |
| 2024 | $19,037,396 | $3,205,274 | $3,619,377 | $3,045,308 | 15 | $3,121,279 | $893,311 | $1,939,649 |
| 2023 | $19,451,499 | $1,912,168 | $1,742,892 | $1,363,787 | 7 | $1,386,693 | $1,590,369 | $1,810,383 |
| 2022 | $19,282,223 | $2,102,903 | $557,275 | $190,000 | 8 | $217,566 | $1,769,893 | $1,880,588 |
| 2021 | $17,736,595 | $1,358,103 | $569,677 | $179,790 | 6 | — | $1,024,930 | $1,745,163 |
| 2020 | $16,948,169 | $1,288,602 | $1,148,210 | $721,000 | 6 | — | $1,085,505 | $1,555,363 |
Under IRS private-foundation payout rules, Charles Morton Share Trust reported a distributable amount of $2.0M for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Charles Morton Share Trust's 2025 filing lists 5 officers; all 5 officers listed in 2025 are compensated.
Officers on the 2025 filing
Darrell Kline
Trustee
On filings since 2020
10 hrs/week
$12K (2020) → $12K (2025)
Johnny C. Jones
Trustee
On filings since 2020
10 hrs/week
$12K (2020) → $12K (2025)
Todd Holder
Trustee
On filings since 2020
10 hrs/week
$12K (2020) → $12K (2025)
Argent Trust Of Oklahoma
Trustee
On filings since 2023
40 hrs/week
$87K (2023) → $75K (2025)
Janet Cunningham
Trustee
On filings since 2023
10 hrs/week
$12K (2023) → $12K (2025)
Former officers (2)
- Former: Dean Linder (2020–2022) — Trustee
- Former: Heritage Trust Company (2021–2022) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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 $75K, to Argent Trust Oklahoma (Trustee). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Charles Morton Share Trust
How much does Charles Morton Share Trust give each year?
Charles Morton Share Trust gave $776K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3.0M across 15 grants.
What is Charles Morton Share Trust's typical grant size?
Charles Morton Share Trust's median grant in 2025 was $60,000, and its average grant was $86,214, across 9 grants on its 2025 IRS Form 990-PF.
Where does Charles Morton Share Trust give grants?
Charles Morton Share Trust gives mostly in Oklahoma: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Alva, OK (8 grants).
Does Charles Morton Share Trust give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Charles Morton Share Trust's 2025 IRS Form 990-PF were described as general or operating support.
Who are Charles Morton Share Trust's largest grantees?
Charles Morton Share Trust's largest 2025 grantees include Alva Arena Authority ($250,000), City of Alva ($250,000) and Northwestern Oklahoma State University ($87,100 across 2 grants), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.
How large is Charles Morton Share Trust?
Charles Morton Share Trust reported $24.1M in total assets on its 2025 IRS Form 990-PF. It paid out $15.7M in qualifying distributions that year, against a required minimum of $2.0M (roughly 5% of its investment assets).
What is Charles Morton Share Trust?
Charles Morton Share Trust is a private foundation focused on Education, based in Oklahoma City, OK. It holds $24.1M in total assets as of 2025.
What is Charles Morton Share Trust's EIN?
Charles Morton Share Trust's EIN (Employer Identification Number) is 73-6090984. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 24, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 2, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Charles Morton Share Trust's focus areas in our free grants database
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