Edgar L Rhodes Perpetual Fund

Foundation · Grantmaker Dallas, TX EIN: 30-6327533

Edgar L Rhodes Perpetual Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dallas, TX. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $609K in total assets. In 2026, it awarded 2 grants totaling $28K. Net investment income was $24K.

Key facts about Edgar L Rhodes Perpetual Fund

In short: Edgar L Rhodes Perpetual Fund gave $28K across 2 grants in 2026 (avg $14K), mostly in Massachusetts. Source: 2026 IRS Form 990-PF.

EIN
30-6327533
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$27,961
Grants made (2026)
2
Average grant
$13,981
Median grant
$13,981
Total assets
$608,795
Primary geography
Massachusetts (100% of itemized 2026 grant dollars)

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

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$609K

-1.6% YoY

Annual Giving

$28K

-11.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$14K

-11.0% YoY

Under IRS private-foundation payout rules, Edgar L Rhodes Perpetual Fund reported a distributable amount of $38K for 2026 — the minimum it must pay out in qualifying distributions.

How Edgar L Rhodes Perpetual Fund gives

  • Giving fell 57% from 2023 to 2026. Method
  • In 2026 it paid out 87% 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 all 2 itemized 2026 grant dollars.

Cities

WenhamRoxbury XingRoxbury Crossing

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K2 grants20202 grants20210 grants20222 grants20232 grants20242 grants20252 grants2026

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2026

Gordon College: $22KGordon College$22KNew England Baptist Hospital: $6KNew England Baptist Hospital$6K

Grant Size Distribution

8 grants across all recorded years

7<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
GORDON COLLEGE Wenham, MAUNRESTRICTED GENERAL$22,369
NEW ENGLAND BAPTIST HOSPITAL Roxbury Crossing, MAUNRESTRICTED GENERAL$5,592

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020202120222023202420252026
Metric202620252024
Total Assets$608,795$618,434$611,746
Revenue$31,808$50,593$29,563
Expenses$41,448$43,820$34,957
Qualifying Distributions$32,878$36,053$28,547
Net Investment Income$24,407$43,605$21,863
Distributable Amount$37,659$34,410$31,456

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS May 28, 2026)
  2. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Edgar L Rhodes Perpetual Fund's 2026 filing lists 2 officers; all 2 officers listed in 2026 are compensated.

Officers on the 2026 filing

  • George Rideout Jr.

    Co-Trustee

    On filings since 2020

    1 hr/week

    $2K (2020) → $1K (2026)

  • Bank Of America

    Trustee

    On filings since 2022

    1 hr/week

    $10K (2022) → $10K (2026)

Former officers (1)
  • Former: Bank Of America N A (2020–2021) — Trustee

Data from IRS Form 990 filings, 2020–2026. "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

Bank of America — Trustee: $10KBank of AmericaTrustee$10KGeorge Rideout Jr — Co-Trustee: $1KGeorge Rideout JrCo-Trustee$1K

Frequently asked questions about Edgar L Rhodes Perpetual Fund

How much does Edgar L Rhodes Perpetual Fund give each year?

Edgar L Rhodes Perpetual Fund gave $28K across 2 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $31K across 2 grants.

How large is Edgar L Rhodes Perpetual Fund?

Edgar L Rhodes Perpetual Fund reported $609K in total assets on its 2026 IRS Form 990-PF. It paid out $33K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets).

What is Edgar L Rhodes Perpetual Fund?

Edgar L Rhodes Perpetual Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dallas, TX. It holds $609K in total assets as of 2026.

Where does Edgar L Rhodes Perpetual Fund operate?

Edgar L Rhodes Perpetual Fund has awarded grants in Massachusetts.

What is Edgar L Rhodes Perpetual Fund's EIN?

Edgar L Rhodes Perpetual Fund's EIN (Employer Identification Number) is 30-6327533. IRS Form 990 filing data is available on this page for 2020–2026.

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

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