Co Ir Franklin Scholarship Trust

Private foundation · Grantmaker Dallas, TX EIN: 59-7239717

Co Ir Franklin Scholarship Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $373K in total assets. In 2025, it awarded 3 grants totaling $20K. Net investment income was $30K.

Key facts about Co Ir Franklin Scholarship Trust

In short: Co Ir Franklin Scholarship Trust gave $20K across 3 grants in 2025 (avg $7K), mostly in Missouri. Source: 2025 IRS Form 990-PF.

EIN
59-7239717
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$20,000
Grants made (2025)
3
Average grant
$6,667
Median grant
$4,000
Total assets
$372,518
Primary geography
Missouri (80% 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

$373K

-1.2% YoY

Annual Giving

$20K

-20.0% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$7K

-46.7% YoY

Under IRS private-foundation payout rules, Co Ir Franklin Scholarship Trust reported a distributable amount of $34K for 2025 — the minimum it must pay out in qualifying distributions.

How Co Ir Franklin Scholarship Trust gives

  • Giving held roughly steady from 2022 to 2025 (−9%). Method
  • In 2025 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

3states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

BolivarColumbiaHutchinsonTampaWichita

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grant2021 2 grants2022 2 grants2023 2 grants2024 3 grants2025

From 2021 to 2025, annual grant giving ranged from $13K (2021) to $30K (2023). In 2025 it made 3 grants totaling $20K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

University of Missouri: $12KUniversity of Missouri$12KWichita State University: $4KWichita State University$4KSouthwest Baptist University: $4KSouthwest Baptist University$4K

The largest 2025 recipient was University of Missouri ($12K). Together the top 3 received $20K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Missouri Columbia, MOFor Student Scholarships$12,000
Wichita State University Wichita, KSFor Student Scholarships$4,000
Southwest Baptist University Bolivar, MOFor Student Scholarships$4,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$372,518$377,155$396,927
Revenue$40,577$14,672$-14,317
Expenses$42,814$38,225$46,198
Qualifying Distributions$32,901$29,708$36,300
Net Investment Income$30,405$3,846$2,160
Distributable Amount$33,689$29,192$23,794

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Co Ir Franklin Scholarship Trust's only listed officer is Bank Of America N A, Co-Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Bank Of America N A

    Co-Trustee

    On filings since 2021

    1 hr/week

    $9K (2021) → $11K (2025)

Former officers (1)
  • Former: Samuel Adams Co-Trustee (2021–2024) — Co-Trustee

Data from IRS Form 990 filings, 2021–2025. "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

Bank of America N a — Co-Trustee: $11KBank of America N aCo-Trustee$11K

The highest reported compensation on the 2025 filing was $11K, to Bank of America N a (Co-Trustee).

Frequently asked questions about Co Ir Franklin Scholarship Trust

How much does Co Ir Franklin Scholarship Trust give each year?

Co Ir Franklin Scholarship Trust gave $20K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 2 grants.

What is Co Ir Franklin Scholarship Trust's typical grant size?

Co Ir Franklin Scholarship Trust's median grant in 2025 was $4,000, and its average grant was $6,667, across 3 grants on its 2025 IRS Form 990-PF.

Where does Co Ir Franklin Scholarship Trust give grants?

Co Ir Franklin Scholarship Trust gives mostly in Missouri: 80% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Kansas (20%).

Does Co Ir Franklin Scholarship Trust give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Co Ir Franklin Scholarship Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "For Student Scholarships" (3 grants).

How large is Co Ir Franklin Scholarship Trust?

Co Ir Franklin Scholarship Trust reported $373K in total assets on its 2025 IRS Form 990-PF. It paid out $33K in qualifying distributions that year, against a required minimum of $34K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Co Ir Franklin Scholarship Trust's EIN?

Co Ir Franklin Scholarship Trust's EIN (Employer Identification Number) is 59-7239717. IRS Form 990 filing data is available on this page for 2021–2025.

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

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