Cora Rust Owen Memorial Trust

Private foundation · Grantmaker Milwaukee, WI EIN: 81-6057848

Cora Rust Owen Memorial Trust is a private foundation, based in Milwaukee, WI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $470K in total assets. In 2025, it made $2K in qualifying distributions. Net investment income was $56K.

Key facts about Cora Rust Owen Memorial Trust

EIN
81-6057848
Latest 990 filing
Form 990-PF, 2025
Total assets
$469,732

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$470K

+12.6% YoY

Revenue

$64K

+22.0% YoY

Qualifying Distributions

$2K

-90.1% YoY

Expenses

$11K

-64.2% YoY

Under IRS private-foundation payout rules, Cora Rust Owen Memorial Trust reported a distributable amount of $24K for 2025 — the minimum it must pay out in qualifying distributions.

How Cora Rust Owen Memorial Trust gives

  • Giving held roughly steady from 2021 to 2024 (+0%). Method
  • In 2025 it paid out 9% 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

5states

Cities

Eau ClaireHamiltonMiddleburyMinneapolisMissoulaPoughkeepsie

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K8 grants2020 8 grants2021 8 grants2022 8 grants2023 8 grants2024 0 grants2025

From 2020 to 2024, annual grant giving ranged from $20K (2023) to $25K (2022). In 2024 it made 8 grants totaling $21K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

32 grants across all recorded years

32<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 32 grants of 32 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$469,732$417,226$395,234
Revenue$63,878$52,365$16,403
Expenses$10,870$30,373$29,218
Qualifying Distributions$2,304$23,252$22,239
Net Investment Income$56,407$45,006$9,588
Distributable Amount$24,381$22,761$22,628

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Cora Rust Owen Memorial Trust's only listed officer is U S Bank, Trustee on every filing since 2020 (compensated).

Officers on the 2025 filing

  • U S Bank

    Trustee

    On filings since 2020

    1 hr/week

    $8K (2020) → $8K (2025)

Data from IRS Form 990 filings, 2020–2025. "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

U S Bank — Trustee: $8KU S BankTrustee$8K

The highest reported compensation on the 2025 filing was $8K, to U S Bank (Trustee).

Frequently asked questions about Cora Rust Owen Memorial Trust

How large is Cora Rust Owen Memorial Trust?

Cora Rust Owen Memorial Trust reported $470K in total assets on its 2025 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $24K (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.

Where does Cora Rust Owen Memorial Trust operate?

Cora Rust Owen Memorial Trust has awarded grants in Connecticut, Minnesota, Montana, New York, Wisconsin.

What is Cora Rust Owen Memorial Trust's EIN?

Cora Rust Owen Memorial Trust's EIN (Employer Identification Number) is 81-6057848. IRS Form 990 filing data is available on this page for 2020–2025.

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

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