Dr Charles J Burstone Foundation

Private foundation · Grantmaker Dallas, TX EIN: 42-1610679

Dr Charles J Burstone Foundation is a private foundation, based in Dallas, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $9.3M in total assets. In 2025, it awarded 4 grants totaling $514K. Net investment income was $709K.

Key facts about Dr Charles J Burstone Foundation

In short: Dr Charles J Burstone Foundation gave $514K across 4 grants in 2025 (avg $129K), mostly in Indiana. Source: 2025 IRS Form 990-PF.

EIN
42-1610679
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$514,200
Grants made (2025)
4
Average grant
$128,550
Median grant
$27,100
Total assets
$9,313,990
Primary geography
Indiana (88% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$9.3M

+1.6% YoY

Annual Giving

$514K

-2.1% YoY

Grant Count

4

+100.0% YoY

Avg Grant Size

$129K

-51.0% YoY

Under IRS private-foundation payout rules, Dr Charles J Burstone Foundation reported a distributable amount of $601K for 2025 — the minimum it must pay out in qualifying distributions.

How Dr Charles J Burstone Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−10%). Method
  • In 2025 it paid out 93% 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

3states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

St. LouisIndianapolisStorrs

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K3 grants2021 3 grants2022 4 grants2023 2 grants2024 4 grants2025

From 2021 to 2025, annual grant giving ranged from $470K (2021) to $570K (2022). In 2025 it made 4 grants totaling $514K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Indiana University School of Dentistry: $450KIndiana University School ofDentistry$450KAmerican Board of Orthodontics: $29KAmerican Board of Orthodontics$29KAmerican Association of Orthodontists: $25KAmerican Association ofOrthodontists$25KChapel & York University of W Australia: $10KChapel & York University of WAustralia$10K

The largest 2025 recipient was Indiana University School of Dentistry ($450K). Together the top 4 received $514K.

Grant Size Distribution

16 grants across all recorded years

8<$50K2$50–100K1$100–250K3$250–500K2$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 16 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Indiana University School of Dentistry Indianapolis, INUnrestricted General$450,000
American Board of Orthodontics St. Louis, MOUnrestricted General$29,200
American Association of Orthodontists St. Louis, MOUnrestricted General$25,000
Chapel & York University of W Australia Unrestricted General$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$9,313,990$9,164,962$9,293,017
Revenue$785,876$483,295$298,097
Expenses$645,715$634,840$673,870
Qualifying Distributions$558,498$566,025$590,534
Net Investment Income$709,083$406,784$232,100
Distributable Amount$600,552$552,082$531,841

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 29, 2021)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 31, 2022)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS January 31, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 1, 2024)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS November 3, 2025)
  6. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Dr Charles J Burstone Foundation's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2022

    1 hr/week

    $103K (2022) → $111K (2025)

Former officers (1)
  • Former: Bank Of America N A (2021) — Trustee

Data from IRS Form 990 filings, 2021–2025. "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

Bank of America — Trustee: $111KBank of AmericaTrustee$111K

The highest reported compensation on the 2025 filing was $111K, to Bank of America (Trustee).

Frequently asked questions about Dr Charles J Burstone Foundation

How much does Dr Charles J Burstone Foundation give each year?

Dr Charles J Burstone Foundation gave $514K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $525K across 2 grants.

What is Dr Charles J Burstone Foundation's typical grant size?

Dr Charles J Burstone Foundation's median grant in 2025 was $27,100, and its average grant was $128,550, across 4 grants on its 2025 IRS Form 990-PF.

Where does Dr Charles J Burstone Foundation give grants?

Dr Charles J Burstone Foundation gives mostly in Indiana: 88% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Missouri (11%). The most frequent recipient cities were St. Louis, MO (2 grants).

Does Dr Charles J Burstone Foundation give general operating support?

Yes: 100% of Dr Charles J Burstone Foundation's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Dr Charles J Burstone Foundation?

Dr Charles J Burstone Foundation reported $9.3M in total assets on its 2025 IRS Form 990-PF. It paid out $558K in qualifying distributions that year, against a required minimum of $601K (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.

What is Dr Charles J Burstone Foundation's EIN?

Dr Charles J Burstone Foundation's EIN (Employer Identification Number) is 42-1610679. IRS Form 990 filing data is available on this page for 2021–2025.

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

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