E G Arps Mem Education Fund Tua

Private foundation · Grantmaker Orlando, FL EIN: 56-6228126

E G Arps Mem Education Fund Tua is a private foundation, based in Orlando, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $639K in total assets. In 2025, it awarded 5 grants totaling $34K. Net investment income was $53K.

Key facts about E G Arps Mem Education Fund Tua

In short: E G Arps Mem Education Fund Tua gave $34K across 5 grants in 2025 (avg $7K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

EIN
56-6228126
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$33,750
Grants made (2025)
5
Average grant
$6,750
Median grant
$7,500
Total assets
$639,373
Primary geography
North Carolina (100% 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

$639K

+3.0% YoY

Annual Giving

$34K

+2.3% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$7K

-18.2% YoY

Under IRS private-foundation payout rules, E G Arps Mem Education Fund Tua reported a distributable amount of $45K for 2025 — the minimum it must pay out in qualifying distributions.

How E G Arps Mem Education Fund Tua gives

  • Giving fell 43% from 2022 to 2025. 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 5 itemized grants.

Cities

RaleighGreenvilleChapel HillWilmington

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K6 grants2019 6 grants2020 6 grants2021 6 grants2022 5 grants2023 4 grants2024 5 grants2025

From 2019 to 2025, annual grant giving ranged from $33K (2024) to $60K (2022). In 2025 it made 5 grants totaling $34K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 26 grants of 26 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
5 individual scholarships Recipients not named —$33,750

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$639,373$620,676$655,592
Revenue$60,608$14,513$150,110
Expenses$50,252$50,259$56,732
Qualifying Distributions$43,939$43,182$48,952
Net Investment Income$53,002—$146,272
Distributable Amount$44,570$34,327$31,078

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS December 4, 2019)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 4, 2021)
  3. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

E G Arps Mem Education Fund Tua's only listed officer is Truist Bank, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Truist Bank

    Trustee

    On filings since 2022

    12 hrs/week

    $12K (2022) → $11K (2025)

Former officers (1)
  • Former: Branch Banking AND Trust Company (2019–2021) — Trustee

Data from IRS Form 990 filings, 2019–2025. "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

Truist Bank — Trustee: $11KTruist BankTrustee$11K

The highest reported compensation on the 2025 filing was $11K, to Truist Bank (Trustee).

Frequently asked questions about E G Arps Mem Education Fund Tua

How much does E G Arps Mem Education Fund Tua give each year?

E G Arps Mem Education Fund Tua gave $34K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $33K across 4 grants.

What is E G Arps Mem Education Fund Tua's typical grant size?

E G Arps Mem Education Fund Tua's median grant in 2025 was $7,500, and its average grant was $6,750, across 5 grants on its 2025 IRS Form 990-PF.

Where does E G Arps Mem Education Fund Tua give grants?

E G Arps Mem Education Fund Tua gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does E G Arps Mem Education Fund Tua give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on E G Arps Mem Education Fund Tua's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (5 grants).

How large is E G Arps Mem Education Fund Tua?

E G Arps Mem Education Fund Tua reported $639K in total assets on its 2025 IRS Form 990-PF. It paid out $44K in qualifying distributions that year, against a required minimum of $45K (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 E G Arps Mem Education Fund Tua's EIN?

E G Arps Mem Education Fund Tua's EIN (Employer Identification Number) is 56-6228126. IRS Form 990 filing data is available on this page for 2019–2025.

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

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