Clara McGowen Memorial Irrevocable Trust
Clara McGowen Memorial Irrevocable Trust is a private foundation, based in Ardmore, OK. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $883K in total assets. In 2025, it awarded 1 grant totaling $117K. Net investment income was $95K.
Key facts about Clara McGowen Memorial Irrevocable Trust
In short: Clara McGowen Memorial Irrevocable Trust gave $117K across 1 grant in 2025 (avg $117K), mostly in Oklahoma. Source: 2025 IRS Form 990-PF.
- EIN
- 73-6280877
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $116,784
- Grants made (2025)
- 1
- Average grant
- $116,784
- Median grant
- $116,784
- Total assets
- $882,538
- Primary geography
- Oklahoma (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$883K
-1.2% YoY
Annual Giving
$117K
+18.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$117K
+18.9% YoY
Under IRS private-foundation payout rules, Clara McGowen Memorial Irrevocable Trust reported a distributable amount of $101K for 2025 — the minimum it must pay out in qualifying distributions.
How Clara McGowen Memorial Irrevocable Trust gives
- Giving grew 137% from 2022 to 2025. Method
- In 2025 it paid out 116% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $35K (2021) to $117K (2025). In 2025 it made 1 grant totaling $117K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was First Baptist Church ($117K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 2 grants of 5 (40%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| First Baptist Church Ardmore, OK | Operating Support | $116,784 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $882,538 | $893,480 | $758,882 |
| Revenue | $148,102 | $280,639 | $156,563 |
| Expenses | $170,075 | $166,464 | $163,120 |
| Qualifying Distributions | $116,784 | $98,236 | $102,990 |
| Net Investment Income | $94,815 | $212,411 | $98,274 |
| Distributable Amount | $100,877 | $90,917 | $78,769 |
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 April 6, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 11, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
Clara McGowen Memorial Irrevocable Trust's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.
Officers on the 2025 filing
First National Bank Trust Company
Trustee
On filings since 2019
2 hrs/week
$11K (2019) → $15K (2025)
Rudy Jack Ellis
Trustee
On filings since 2019
2 hrs/week
$11K (2019) → $15K (2025)
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 $15K, to First National Bank Trust Company (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Clara McGowen Memorial Irrevocable Trust
How much does Clara McGowen Memorial Irrevocable Trust give each year?
Clara McGowen Memorial Irrevocable Trust gave $117K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $98K across 1 grant.
How large is Clara McGowen Memorial Irrevocable Trust?
Clara McGowen Memorial Irrevocable Trust reported $883K in total assets on its 2025 IRS Form 990-PF. It paid out $117K in qualifying distributions that year, against a required minimum of $101K (roughly 5% of its investment assets).
Where does Clara McGowen Memorial Irrevocable Trust operate?
Clara McGowen Memorial Irrevocable Trust has awarded grants in Oklahoma.
What is Clara McGowen Memorial Irrevocable Trust's EIN?
Clara McGowen Memorial Irrevocable Trust's EIN (Employer Identification Number) is 73-6280877. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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