Collins Mcdonald Trust Fund
The Collins McDonald Trust Fund is a private foundation based in Minneapolis, Minnesota, incorporated in 1940 in Oregon. Designated as a 501(c)(3) organization, it operates as an independent foundation with tax-exempt status since October 1951. The trust fund manages substantial assets and distributes grants to support education and social services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.7M
+11.4% YoY
Annual Giving
$630K
-49.8% YoY
Grant Count
48
-5.9% YoY
Avg Grant Size
$13K
-46.6% YoY
Mission & Focus Areas
The fund awards scholarships for higher education to graduates of local high schools. The trust also provides grants for social and health services. The organization does not specify particular subject areas beyond these core funding areas.
Grantmaking
The Collins McDonald Trust Fund demonstrates consistent grantmaking activity:
Grant Range
**: $5,000 to $100,000
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Geographic Focus
Where this funder awards grants
The trust fund primarily funds projects in Oregon, specifically in the cities of Lake Oswego, Lakeview, and Lakeville. The organization maintains a geographic focus on Oregon-based initiatives.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets and Giving (2024)
- Total Assets: $15.7 million
- Annual Revenue: $794,000
- Annual Expenses: $657,000
- Total Liabilities: $118,000
- Giving Rate: Approximately 1.8% of assets
Historical Asset Growth Assets have grown modestly, increasing 2.6% from the previous year to reach $15.7 million as of 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,687,351 | $14,079,100 | $13,965,917 |
| Revenue | $793,824 | $1,096,347 | $1,862,999 |
| Expenses | $657,189 | $1,278,361 | $679,766 |
| Qualifying Distributions | $638,756 | $1,262,303 | $652,642 |
| Net Investment Income | $786,358 | $1,096,808 | $1,861,758 |
| Distributable Amount | $750,200 | $678,512 | $683,843 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
104 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The Collins McDonald Trust Fund is managed by five trustees, all serving without compensation:
- Paul Harlan
- Timothy R. Bishop
- Jerry Evans
- Travis Erickson
- Jess Spradley
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL HARLAN | TRUSTEE | — | — |
| TIMOTHY R BISHOP | TRUSTEE | — | — |
| JERRY EVANS | TRUSTEE | — | — |
| TRAVIS ERICKSON | TRUSTEE | — | — |
| JESS SPRADLEY | TRUSTEE | — | — |
Contact Information
Address: 730 2nd Ave S Ste 1400, Minneapolis, MN 55402-2458
Telephone: 503-227-1219
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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