Clara Mcgowen Memorial Irrevocable Trust

ARDMORE, OK EIN: 73-6280877

Clara Mcgowen Memorial Irrevocable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARDMORE, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $893K in total assets. In 2024, it awarded 1 grants totaling $98K. Net investment income was $212K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$893K

+17.7% YoY

Annual Giving

$98K

-4.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$98K

-4.6% YoY

About Clara Mcgowen Memorial Irrevocable Trust

Based on IRS filings

Clara Mcgowen Memorial Irrevocable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARDMORE, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $893K in total assets. In 2024, it awarded 1 grants totaling $98K. Net investment income was $212K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Ardmore

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$77K$154K$232K$309K20202021202220232024
Metric202420232022
Total Assets$893,480$758,882$748,500
Revenue$280,639$156,563$156,834
Expenses$166,464$163,120$108,276
Qualifying Distributions$98,236$102,990$49,378
Net Investment Income$212,411$98,274$97,936
Distributable Amount$90,917$78,769$75,980

Giving Over Time

Total grant dollars and number of grants per year

$0$26K$51K$77K$103K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

FIRST BAPTIST CHURCH$98K

Grant Size Distribution

5 grants across all recorded years

2<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

FIRST NATIONAL BANK …TRUSTEE$16KRUDY JACK ELLISTRUSTEE$16K

From 2024 filing

NameTitleHoursCompensation
FIRST NATIONAL BANK TRUST COMPANYTRUSTEE2$16,244
RUDY JACK ELLISTRUSTEE2$16,244

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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