Collins Mcdonald Trust Fund

MINNEAPOLIS, MN EIN: 93-6021894

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

-5.9% YoY

Avg Grant Size

$13K

-46.6% YoY

Under IRS private-foundation payout rules, Collins Mcdonald Trust Fund reported a distributable amount of $750K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

Oregon $3.2M (100%)

States

Oregon

Cities

Lake OswegoLakeviewLakevillePaisleySilver Lake

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.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Among its reported 2024 grants, the largest include Silver Lake Fire Department ($100,000), Paisley Disaster Unit ($50,000), Lake County Police Department ($35,000).

Recipient	Purpose	Amount
AIDAN HEDRICKS LAKEVIEW, OR	SCHOLARSHIP	$12,733
BRETTE GRAHAM LAKEVIEW, OR	SCHOLARSHIP	$5,300
BRIDGETTE WILLIAMS LAKEVIEW, OR	SCHOLARSHIP	$3,400
ELIZABETH LOPEZ LAKEVIEW, OR	SCHOLARSHIP	$3,400
HANNAH MAIELUA LAKEVIEW, OR	SCHOLARSHIP	$10,800
IRA OTLEY LAKEVIEW, OR	SCHOLARSHIP	$10,600
JALEN LAMPMAN LAKEVIEW, OR	SCHOLARSHIP	$10,800
JERRY PATZKE LAKEVIEW, OR	SCHOLARSHIP	$10,600
JULIE ROTH LAKEVIEW, OR	SCHOLARSHIP	$10,800
KAMARYN SCHNEIDER LAKEVIEW, OR	SCHOLARSHIP	$10,800

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

Frequently Asked Questions

What does Collins Mcdonald Trust Fund fund?

How do I apply for a grant from Collins Mcdonald Trust Fund?

The Collins McDonald Trust Fund demonstrates consistent grantmaking activity: • **Total Annual Giving**: Approximately $630,000 to $1.3 million annually (varies by year) • **Grant Range**: $5,000 to $100,000 • **Median Grant Size**: $11,000 to $25,000 (varies by reporting year) • **Number of Grants**: Between 8 and 51 grants awarded annually, depending on the year • **Application Status**: Open to new applicants • **Funding Rate for New Applicants**: Approximately 12% of new applicants receive …

Where does Collins Mcdonald Trust Fund make 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.

What size grants does Collins Mcdonald Trust Fund award?

In 2024, Collins Mcdonald Trust Fund awarded 48 grants totaling $630K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Collins Mcdonald Trust Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Collins Mcdonald Trust Fund reported a distributable amount of $750K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.