Edgar L Rhodes Perpetual Fund

Private foundation · Grantmaker Dallas, TX EIN: 30-6327533

Edgar L Rhodes Perpetual Fund is a private foundation, 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.

Edgar L Rhodes Perpetual Fund at a glance

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.

Annual giving (2026)
$27,961
-11.0% vs 2025
Grants made (2026)
2
+0.0% vs 2025
Average grant
$13,981
-11.0% vs 2025
Median grant
$13,981
Total assets
$608,795
-1.6% vs 2025
Primary geography
Massachusetts (100% of itemized 2026 grant dollars)
Latest 990 filing
Form 990-PF, 2026 View filing

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

Who Edgar L Rhodes Perpetual Fund funds

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

The largest 2026 recipient was Gordon College ($22K). Together the top 2 received $28K.

Grant Size Distribution

8 grants across all recorded years

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

The most common grant size was under $50K: 7 grants of 8 (88%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2026 grant dollars across all 2 itemized grants.

Cities

WenhamRoxbury XingRoxbury Crossing

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K2 grants2020 2 grants2021 0 grants2022 2 grants2023 2 grants2024 2 grants2025 2 grants2026

From 2020 to 2026, annual grant giving ranged from $23K (2021) to $65K (2023). In 2026 it made 2 grants totaling $28K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Gordon College Wenham, MAUnrestricted General$22,369
New England Baptist Hospital Roxbury Crossing, MAUnrestricted General$5,592
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2026$608,795$31,808$41,448$27,9612$32,878$24,407$37,659
2025$618,434$50,593$43,820$31,4202$36,053$43,605$34,410
2024$611,746$29,563$34,957$24,3362$28,547$21,863$31,456
2023$619,056$-22,437$79,077$64,6102$68,869$9,400$31,250
2022$717,964$112,988$13,862——$4,880$104,493$35,800
2021$670,250$56,664$34,122$22,9832—$49,784$31,967
2020$596,439$44,099$35,806$25,0222—$38,848$29,748

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.

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

The highest reported compensation on the 2026 filing was $10K, to Bank of America (Trustee). 2 officers or directors reported compensation on that filing.

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). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

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.

Data update history

(2)

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

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Edgar L Rhodes Perpetual Fund'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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