Cora Rust Owen Memorial Trust
Cora Rust Owen Memorial Trust is a private foundation, based in Eagan, MN. IRS filing data is available from 2019 through 2026. As of 2026, the organization holds $470K in total assets. In 2026, it awarded 8 grants totaling $44K. Net investment income was $45K.
Cora Rust Owen Memorial Trust at a glance
In short: Cora Rust Owen Memorial Trust gave $44K across 8 grants in 2026 (avg $5K), top state Wisconsin. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $43,860
- Grants made (2026)
- 8
- Average grant
- $5,483
- Median grant
- $4,386
- Total assets
- $469,681
- -0.0% vs 2025
- Primary geography
- Wisconsin (30% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated November 2026.
Who Cora Rust Owen Memorial Trust funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2026
The largest 2026 recipient was Westover School Inc Alumnae Office ($11K). Together the top 8 received $44K.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 32 grants of 32 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 8 itemized grants.
Cities
How Cora Rust Owen Memorial Trust gives
- Giving grew 119% from 2023 to 2026. Method
- In 2026 it paid out 172% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2026, annual grant giving ranged from $20K (2023) to $44K (2026). In 2026 it made 8 grants totaling $44K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Westover School Inc Alumnae Office Middlebury, CT | General Operating | $10,965 |
| Vassar College Annual Fund Mail Drop #12 Poughkeepsie, NY | General Operating | $10,965 |
| Marcus Daly DBA Bitterroot Health Hamilton, MT | General Operating | $4,386 |
| Mayo Clinic Health System FKA Luther Hospital Eau Claire, WI | General Operating | $4,386 |
| University of Wisconsin Eau Claire Foundation Eau Claire, WI | General Operating | $4,386 |
| Friends of L E Phillips Memlibrary Eau Claire, WI | General Operating | $4,386 |
| University of Minnesota Foundation McNamara Alumni Center Minneapolis, MN | General Operating | $2,193 |
| University of Montana Foundation Missoula, MT | General Operating | $2,193 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $469,681 | $53,568 | $53,540 | $43,860 | 8 | $44,711 | $45,394 | $26,013 |
| 2025 | $469,732 | $63,878 | $10,870 | — | — | $2,304 | $56,407 | $24,381 |
| 2024 | $417,226 | $52,365 | $30,373 | $21,000 | 8 | $23,252 | $45,006 | $22,761 |
| 2023 | $395,234 | $16,403 | $29,218 | $20,000 | 8 | $22,239 | $9,588 | $22,628 |
| 2022 | $408,064 | $35,531 | $36,590 | $25,000 | 8 | $27,388 | $27,439 | $26,811 |
| 2021 | $409,125 | $50,285 | $30,623 | $21,000 | 8 | — | $42,628 | $24,572 |
| 2020 | $389,466 | $14,699 | $33,650 | $22,400 | 8 | — | $7,593 | $23,509 |
| 2019 | $408,464 | $28,777 | $30,032 | $21,500 | 8 | — | $21,703 | $23,511 |
Under IRS private-foundation payout rules, Cora Rust Owen Memorial Trust reported a distributable amount of $26K for 2026 — the minimum it must pay out in qualifying distributions.
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 2019 (compensated).
Officers on the 2026 filing
U S Bank
Trustee
On filings since 2019
1 hr/week
$8K (2019) → $9K (2026)
Data from IRS Form 990 filings, 2019–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $9K, to U S Bank (Trustee).
Frequently asked questions about Cora Rust Owen Memorial Trust
How much does Cora Rust Owen Memorial Trust give each year?
Cora Rust Owen Memorial Trust gave $44K across 8 grants in 2026, according to its 2026 IRS Form 990-PF.
What is Cora Rust Owen Memorial Trust's typical grant size?
Cora Rust Owen Memorial Trust's median grant in 2026 was $4,386, and its average grant was $5,483, across 8 grants on its 2026 IRS Form 990-PF.
Where does Cora Rust Owen Memorial Trust give grants?
Cora Rust Owen Memorial Trust's top state is Wisconsin, with 30% of the grant dollars itemized on its 2026 IRS Form 990-PF. The next largest states were Connecticut (25%) and New York (25%). The most frequent recipient cities were Eau Claire, WI (3 grants).
Does Cora Rust Owen Memorial Trust give general operating support?
Yes: 100% of Cora Rust Owen Memorial Trust's 2026 grants with a stated purpose (8 of 8) were for general or operating support, per its 2026 IRS Form 990-PF.
Who are Cora Rust Owen Memorial Trust's largest grantees?
Cora Rust Owen Memorial Trust's largest 2026 grantees include Westover School Inc Alumnae Office ($10,965), Vassar College Annual Fund Mail Drop #12 ($10,965) and Marcus Daly DBA Bitterroot Health ($4,386), according to its 2026 IRS Form 990-PF. Together they received 60% of its itemized 2026 grant dollars.
How large is Cora Rust Owen Memorial Trust?
Cora Rust Owen Memorial Trust reported $470K in total assets on its 2026 IRS Form 990-PF. It paid out $45K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets).
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 2019–2026.
Data last updated November 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS August 23, 2019)
- Added Form 990-PF for fiscal year 2026 (received by the IRS September 9, 2026)
- IRS filings on file for fiscal years 2020–2025
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