Donors Trust Inc logo

Donors Trust Inc

Public charity · Grantmaker Alexandria, VA EIN: 52-2166327 Website

Donors Trust Inc is an Alexandria, Virginia-based public charity and donor-advised fund provider, formed in 1999. It facilitates charitable giving by individuals and families, with an organizational emphasis on protecting donor intent and supporting private philanthropy.

Donors Trust Inc at a glance

In short: Donors Trust Inc gave $282.1M across 919 grants in 2024 (avg $307K), top state District of Columbia. 32% of 2024 grantees were new. Source: 2024 IRS Form 990.

Annual giving (2024)
$282,061,852
-19.2% vs 2023
Grants made (2024)
919
+18.0% vs 2023
Average grant
$306,923
-31.5% vs 2023
Median grant
$50,000
Total assets
$1,364,601,090
+5.7% vs 2023
New grantees (estimate)
32% first-time grantees (227 of 715, 2024)
Primary geography
District of Columbia (33% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Donors Trust Inc

Accepts unsolicited proposals
No
How to Apply

Donors Trust does not accept unsolicited requests for contributions. Grant recommendations are submitted by donor-advisors through their accounts using the organization’s request channels.

Contact

Mailing address: 1800 Diagonal Street 280, Alexandria, VA 22314-2840
Phone: (703) 535-3563
Website: https://donorstrust.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Donors Trust Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MedStar Georgetown University Hospital: $36.0M across 2 grantsMedStar Georgetown UniversityHospital$36.0M · 2 grantsAmerica First Legal Foundation: $21.3M across 5 grantsAmerica First Legal Foundation$21.3M · 5 grantsState Policy Network: $9.8M across 5 grantsState Policy Network$9.8M · 5 grantsInstitute for Justice: $7.0M across 3 grantsInstitute for Justice$7.0M · 3 grantsConsumers' Research Inc: $6.1M across 2 grantsConsumers' Research Inc$6.1M · 2 grantsTexas A&M Foundation: $5.0MTexas A&M Foundation$5.0MReason Foundation: $5.0MReason Foundation$5.0MInforming America Foundation: $4.5M across 2 grantsInforming America Foundation$4.5M · 2 grantsAmerica First Policy Institute: $4.4M across 5 grantsAmerica First Policy Institute$4.4M · 5 grantsTeneo Network Inc: $4.4MTeneo Network Inc$4.4M

The largest 2024 recipient was MedStar Georgetown University Hospital ($36.0M across 2 grants). Together the top 10 received $103.6M.

Organizations only. It also paid 2 individual scholarships ($90,000), which are not listed by name.

Grant Size Distribution

3,800 grants across all recorded years

1918<$50K491$50–100K576$100–250K338$250–500K203$500K–1M243$1–5M31$5M+

The most common grant size was under $50K: 1,918 grants of 3,800 (50%).

Geographic Focus

Where this funder awards grants

In 2024, the largest shares of grant dollars by recipient state went to the District of Columbia (33%), Virginia (19%), New York (7%), Texas (7%), and California (6%). These figures describe the distribution of reported 2024 grants.

Grant Distribution by State

51states

Share of 2024 grant dollars across all 919 itemized grants.

Cities

WashingtonNew YorkArlingtonAustinChicagoAlexandriaPhoenixBozemanNaplesPortlandDallasHonoluluPhiladelphiaBostonSan FranciscoTallahasseeLos AngelesBrooklynHoustonAtlanta

Is Donors Trust Inc open to new grantees?

32%

first-time grantees, 2024

In 2024, 227 of 715 grantees (32%) were first-time recipients. First grants averaged $286K; repeat grants $445K. How we count

Medians: $25K first-time, $72K repeat.

  • 59% of 2024 grantees were also funded in 2023. Method
  • Giving grew 51% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100M$200M$300M$400M754 grants2020 648 grants2021 700 grants2022 779 grants2023 919 grants2024

From 2020 to 2024, annual grant giving ranged from $181.3M (2020) to $349.1M (2023). In 2024 it made 919 grants totaling $282.1M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
MedStar Georgetown University Hospital Washington, DCfor the MedStar Orthopaedic Institute$35,000,000
America First Legal Foundation Washington, DCfor general operations$20,734,450
State Policy Network Arlington, VAfor general operations$7,000,128
Institute for Justice Arlington, VAfor general operations$6,999,880
Consumers' Research Inc Vienna, VAfor general operations$5,053,100
Texas A&M Foundation College Station, TXfor the Center on the Structural Constitution$5,000,000
Reason Foundation Los Angeles, CAfor general operations$4,987,225
Teneo Network Inc Austin, TXfor general operations$4,433,000
Real Clear Foundation Northbrook, ILfor general operations$4,150,000
GMU Foundation Arlington, VAfor the Law & Economics Center$3,750,000
Your AI grants department

Ready to take the next step with Donors Trust Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$1,364,601,090$294,438,756$291,549,081$282,061,852919$62,331,329
2023$1,291,166,098$158,252,948$357,941,924$349,118,180779$-67,793,665
2022$1,387,471,760$323,050,038$248,109,953$241,308,023700$19,787,816
2021$1,504,903,651$1,094,663,581$191,858,622$187,282,004648$13,628,082
2020$607,685,575$360,225,715$185,809,701$181,335,968754$5,585,659

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

Mission & Focus Areas

Donors Trust states that it supports charities and sponsors programs addressing social welfare, health, the environment, economics, governance, foreign relations, and arts and culture through education, research, and private initiatives. Its stated mission also encourages private philanthropy and individual giving rather than governmental solutions. Its website describes its guiding principles as limited government, personal responsibility, free enterprise, and civil society and religious liberty.

Donors Trust says about 70% of its grantmaking each year goes to conservative and libertarian policy and education groups. Its 2024 grantees illustrate a range of recipients: America First Legal Foundation describes its mission as providing litigation tools and resources to advance conservative policy solutions; State Policy Network says it works to catalyze freedom movements anchored by independent think tanks; and the Institute for Justice describes its work as strategic litigation, training, communication, activism, and research advancing individual liberties. Other 2024 recipients included the Texas A&M Foundation, which raises and manages endowed gifts for Texas A&M University, and the Lucy Burns Institute, which describes Ballotpedia as a resource for information on elections, politics, and policy.

Grantmaking

In filing year 2024, Donors Trust reported 919 grants totaling $282,061,852. Grants ranged from $5,038 to $35,000,000, with a median of $50,000.

Among the largest reported grants were $35,000,000 to MedStar Georgetown University Hospital for the MedStar Orthopaedic Institute; $20,734,450 to America First Legal Foundation for general operations; $7,000,128 to State Policy Network for general operations; and $6,999,880 to the Institute for Justice for general operations. Other large grants included $5,053,100 to Consumers’ Research Inc for general operations, $5,000,000 to the Texas A&M Foundation for its Center on the Structural Constitution, and $4,987,225 to Reason Foundation for general operations.

DonorsTrust’s donor-advised fund process allows account advisors to recommend grants. Requests may be submitted through a grant request form, email, or the client portal. The organization says it conducts due diligence on recommended recipients, including checking for IRS recognition as a 501(c)(3) public charity. Its guidelines generally favor operating charities that receive less than 25% of annual revenue from government sources and require alignment with its stated principles. DonorsTrust retains the authority to approve or reject grant advice. Its filing states that grants may not benefit a disqualified person or be used for lobbying or political activity; foreign grantees must have an equivalency determination.

Leadership & Key People

Leadership team and compensation from IRS filings

Officers and directors listed on the 2024 filing include Kimberly O Dennis, Chair; James Piereson, Vice Chair; Thomas E Beach and George GH Coates Jr, Directors; Lawson R Bader, President and CEO; Jeffrey C Zysik, CFO, COO and Treasurer; Peter A Lipsett, Vice President; Stephen M Johnson, CTO; Gregory P Conko, Vice President of Programs; and Lukas C Dwelly, Philanthropic Advisor.

Donors Trust Inc is led by Lawson R Bader, President & CEO on every filing since 2020; 8 of 12 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Lawson R Bader

    President & CEO

    On filings since 2020

    42 hrs/week

    $390K (2020) → $400K (2024)

  • Kimberly O Dennis

    Chair

    Vice Chair → Chair, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • George G H Coates Jr.

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Thomas E Beach

    Director

    Vice Chair → Director, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Christopher D Renner

    Controller

    On filings since 2020

    40 hrs/week

    $140K (2020) → $163K (2024)

  • Jeffrey C Zysik

    CFO, COO & Treasurer

    On filings since 2020

    42 hrs/week

    $278K (2020) → $312K (2024)

  • Peter A Lipsett

    Vice President

    Vice President & Secretary → Vice President, 2024

    On filings since 2020

    45 hrs/week

    $215K (2020) → $241K (2024)

  • Gregory P Conko

    Vice President of Programs

    On filings since 2022

    40 hrs/week

    $204K (2022) → $236K (2024)

  • Lukas C Dwelly

    Philanthropic Advisor

    On filings since 2022

    40 hrs/week

    $106K (2022) → $186K (2024)

  • Stephanie L Giovanetti

    Philanthropic Advisor

    On filings since 2022

    40 hrs/week

    $148K (2022) → $171K (2024)

  • Stephen M Johnson

    CTO

    On filings since 2022

    45 hrs/week

    $108K (2022) → $188K (2024)

  • James Piereson

    Vice Chair

    Chair → Vice Chair, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Elia J Peterson (2023) — Assistant Controller

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Lawson R Bader — President and CEO: $400KLawson R BaderPresident and CEO$400KJeffrey C Zysik — CFO, COO and Treasurer: $312KJeffrey C ZysikCFO, COO and Treasurer$312KPeter A Lipsett — Vice President: $241KPeter A LipsettVice President$241KGregory P Conko — Vice President of Programs: $236KGregory P ConkoVice President of Programs$236KStephen M Johnson — CTO: $188KStephen M JohnsonCTO$188KLukas C Dwelly — Philanthropic Advisor: $186KLukas C DwellyPhilanthropic Advisor$186KStephanie L Giovanetti — Philanthropic Advisor: $171KStephanie L GiovanettiPhilanthropic Advisor$171KChristopher D Renner — Controller: $163KChristopher D RennerController$163K

The highest reported compensation on the 2024 filing was $400K, to Lawson R Bader (President and CEO). 8 officers or directors reported compensation on that filing.

Frequently asked questions about Donors Trust Inc

How much does Donors Trust Inc give each year?

Donors Trust Inc gave $282.1M across 919 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $349.1M across 779 grants.

What is Donors Trust Inc's typical grant size?

Donors Trust Inc's median grant in 2024 was $50,000, and its average grant was $306,923, across 919 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Donors Trust Inc that year got $286K on average.

Where does Donors Trust Inc give grants?

Donors Trust Inc's top state is District of Columbia, with 33% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Virginia (19%) and New York (7%). The most frequent recipient cities were Washington, DC (111 grants), New York, NY (65 grants), Arlington, VA (39 grants) and Chicago, IL (21 grants).

Does Donors Trust Inc give general operating support?

Yes: 58% of Donors Trust Inc's 2024 grants with a stated purpose (530 of 919) were for general or operating support, per its 2024 IRS Form 990. Recurring purposes include "For Historical Building Preservation" (23 grants), "For Museum Exhibits" (17 grants) and "For Historical Education Programs" (7 grants).

Who are Donors Trust Inc's largest grantees?

Donors Trust Inc's largest 2024 grantees include MedStar Georgetown University Hospital ($36,000,000 across 2 grants), America First Legal Foundation ($21,285,450 across 5 grants) and State Policy Network ($9,810,658 across 5 grants), according to its 2024 IRS Form 990. It also paid 2 individual scholarships ($90,000), which are not listed by name. Together they received 24% of its itemized 2024 grant dollars.

How large is Donors Trust Inc?

Donors Trust Inc reported $1.4B in total assets on its 2024 IRS Form 990. Its revenue that year was $294.4M.

What does Donors Trust Inc fund?

Donors Trust states that it supports charities and sponsors programs addressing social welfare, health, the environment, economics, governance, foreign relations, and arts and culture through education, research, and private initiatives. See mission & focus areas ↑

How do I apply for a grant from Donors Trust Inc?

Donors Trust does not accept unsolicited requests for contributions. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Donors Trust Inc's EIN?

Donors Trust Inc's EIN (Employer Identification Number) is 52-2166327. IRS Form 990 filing data is available on this page for 2020–2024.

Does Donors Trust Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS October 31, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Donors Trust Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Virginia

The Chicago Community Trust

Chicago, IL

The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.

Assets

$7.1B

Grants

4,316

Total Given

$1.2B

Jack Kent Cooke Foundation

Lansdowne, VA

The Jack Kent Cooke Foundation funds education programs that help exceptionally promising students with financial need, including college access, academic enrichment, and support for talented students. Its 2025 grants ranged from $6 to $515,000, with a median of $7,702; it funds across the United States, with most grant dollars going to Virginia. It does not restrict giving to preselected organizations and directs applicants to its website for current application instructions and eligibility.

Philanthropy, Voluntarism & Grantmaking

Assets

$940.1M

Grants

1,419

Total Given

$25.1M

The Community Foundation Inc

Richmond, VA

The Community Foundation funds health and wellness, education, economic prosperity, and community vibrancy, along with other causes through donor-advised and field-of-interest funds. In 2024, grants ranged from $5,100 to $1,795,000, with a median of $25,000; 78% of grant dollars went to Virginia recipients. The profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$852.4M

Grants

917

Total Given

$61.8M

America's Charities

Chantilly, VA

AMERICA’S CHARITIES routes donor-directed workplace giving to member charities and provides emergency assistance to eligible employees and people affected by disasters; its reported grants are fiscal-agent disbursements, not awards selected through an application process. In 2025 it reported 808 grants totaling $16.4 million, ranging from $5,000 to $515,354 (median $9,664), to recipients across the United States, with the largest shares going to Pennsylvania, California, Washington, D.C., Virginia, and Arizona. The profile does not state whether it accepts unsolicited requests.

Assets

$36.2M

Grants

808

Total Given

$16.4M

Dominion Energy Charitable Foundation

Richmond, VA

Dominion Energy Charitable Foundation funds eligible 501(c)(3) organizations working in health and human services, education, arts and culture, civic and community development, and the environment within its operating area. Its 2024 grants ranged from $100 to $1 million, with a median of $5,000; it accepts unsolicited requests during spring and fall cycles.

Philanthropy, Voluntarism & Grantmaking

Assets

$2.3M

Grants

773

Total Given

$16.4M

Foster Foundation

Brookneal, VA

Philanthropy, Voluntarism & Grantmaking

Assets

$18.6M

Grants

686

Total Given

$1.3M

More similar funders

More Funders in Virginia

Cite this profile

Grantable. (2026). Donors Trust Inc funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/donors-trust-inc-morg_ea549349f1e145dd832083940369c5c6

BibTeX
@misc{grantable_522166327_2026,
  author       = {{Grantable}},
  title        = {{Donors Trust Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/donors-trust-inc-morg_ea549349f1e145dd832083940369c5c6},
  note         = {Accessed 2026-10-19. 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 Donors Trust Inc'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.

Donors Trust Inc down — hundreds of funders to go?

Want AI to do this for you?