Crystal Trust
Crystal Trust is a private foundation, based in Montchanin, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $271.9M in total assets. In 2025, it awarded 1 grant totaling $11.7M. Net investment income was $22.2M.
Crystal Trust at a glance
In short: Crystal Trust gave $11.7M across 1 grant in 2025 (avg $11.7M), mostly in Delaware. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $11,688,711
- +4.8% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $11,688,711
- +4.8% vs 2024
- Median grant
- $11,688,711
- Total assets
- $271,926,353
- +12.5% vs 2024
- Primary geography
- Delaware (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Crystal Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Full Schedule Kept on File ($11.7M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Crystal Trust gives
- Giving held roughly steady from 2022 to 2025 (+3%). Method
- In 2025 it paid out 99% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $10.7M (2020) to $15.6M (2021). In 2025 it made 1 grant totaling $11.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Full Schedule Kept on File Montchanin, DE | For Purposes Outlined in Grant Request | $11,688,711 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $271,926,353 | $23,038,756 | $13,563,218 | $11,688,711 | 1 | $12,120,590 | $22,188,720 | $12,285,131 |
| 2024 | $241,707,871 | $6,308,503 | $12,595,757 | $11,153,221 | 1 | $11,654,543 | $5,560,769 | $11,918,780 |
| 2023 | $239,520,299 | $5,591,943 | $13,035,717 | $11,190,817 | 1 | $11,659,932 | $4,504,940 | $11,456,507 |
| 2022 | $230,425,656 | $459,271 | $12,836,928 | $11,309,496 | 1 | $11,636,752 | $2,905,637 | $12,310,092 |
| 2021 | $288,226,063 | $32,506,410 | $17,499,161 | $15,556,909 | 1 | $15,891,554 | $31,174,734 | $13,672,313 |
| 2020 | $284,594,375 | $25,544,993 | $12,660,291 | $10,717,414 | 1 | — | $24,548,087 | $12,564,869 |
Under IRS private-foundation payout rules, Crystal Trust reported a distributable amount of $12.3M for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Crystal Trust's 2025 filing lists 4 officers; 1 of 4 officers listed in 2025 is compensated.
Officers on the 2025 filing
Kevin O'Brien
Director
On filings since 2024
27.5 hrs/week
$240K (2024) → $270K (2025)
Grace Engbring
Trustee
On filings since 2022
1 hr/week
No compensation reported
Whit Maroney
Advisory Trustee
On filings since 2022
1 hr/week
No compensation reported
Ernest N. May III
Advisory Trustee
On filings since 2023
1 hr/week
No compensation reported
Former officers (4)
- Former: Patricia L. Anderson (2020–2023) — Director
- Former: Eleanor S. Maroney (2020–2022) — Advisory Trustee
- Former: Ernest N. May Jr. (2020–2022) — Advisory Trustee
- Former: Irenee Dupont Jr. (2020–2021) — Trustee
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
The highest reported compensation on the 2025 filing was $270K, to Kevin O'Brien (Director).
Frequently asked questions about Crystal Trust
How much does Crystal Trust give each year?
Crystal Trust gave $11.7M across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $11.2M across 1 grant.
How large is Crystal Trust?
Crystal Trust reported $271.9M in total assets on its 2025 IRS Form 990-PF. It paid out $12.1M in qualifying distributions that year, against a required minimum of $12.3M (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 Crystal Trust operate?
Crystal Trust has awarded grants in Delaware.
What is Crystal Trust's EIN?
Crystal Trust's EIN (Employer Identification Number) is 51-6015063. 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.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
- IRS filings on file for fiscal years 2020–2024
Other open foundation grants in Delaware
Delaware Open opportunities, soonest deadline first.
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Cite this profile
Grantable. (2026). Crystal Trust funder profile. GrantGraph. Retrieved October 24, 2026, from https://grantable.co/funders/crystal-trust-morg_8822b579529e44e2a17dfad37dc0bd86
BibTeX
@misc{grantable_516015063_2026,
author = {{Grantable}},
title = {{Crystal Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/crystal-trust-morg_8822b579529e44e2a17dfad37dc0bd86},
note = {Accessed 2026-10-24. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Crystal Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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