Edmund J Russell Medical Educational Trust

Private foundation · Grantmaker Monterey, IN EIN: 35-6676512

Edmund J Russell Medical Educational Trust is a private foundation, based in Monterey, IN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $79K in total assets. In 2025, it awarded 2 grants totaling $4K. Net investment income was $3K.

Edmund J Russell Medical Educational Trust at a glance

In short: Edmund J Russell Medical Educational Trust gave $4K across 2 grants in 2025 (avg $2K), mostly in Indiana. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$3,919
-2.9% vs 2024
Grants made (2025)
2
+100.0% vs 2024
Average grant
$1,960
-51.5% vs 2024
Median grant
$1,960
Total assets
$78,558
-1.6% vs 2024
Primary geography
Indiana (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who Edmund J Russell Medical Educational Trust funds

How this funder distributes its grants

Grant Size Distribution

8 grants across all recorded years

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

The most common grant size was under $50K: 8 grants of 8 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

KewannaStar CityWinamac

How Edmund J Russell Medical Educational Trust gives

  • Giving held roughly steady from 2022 to 2025 (−12%). Method
  • In 2025 it paid out 102% of its IRS minimum distribution (the 5% rule). 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$2K$4K$6K2 grants2021 1 grant2022 2 grants2023 1 grant2024 2 grants2025

From 2021 to 2025, annual grant giving ranged from $4K (2025) to $5K (2021). In 2025 it made 2 grants totaling $4K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
2 individual scholarships Recipients not named —$3,919
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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
2025$78,558$3,088$4,398$3,9192$3,919$3,088$3,858
2024$79,868$3,206$4,436$4,0371$4,037$3,206$3,919
2023$81,098$1,915$4,760$4,4412$4,441$1,915$4,037
2022$83,943$601$4,753$4,4391$4,439$601$4,441
2021$88,095$702$5,180$4,6222—$702$4,439

Under IRS private-foundation payout rules, Edmund J Russell Medical Educational Trust reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Edmund J Russell Medical Educational Trust is led by FNB Monterey, Trustee on every filing since 2021 — the only officer listed, and compensated.

Officers on the 2025 filing

  • FNB Monterey

    Trustee

    On filings since 2021

    3 hrs/week

    $71 (2021) → $164 (2025)

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

FNB Monterey — Trustee: $164FNB MontereyTrustee$164

The highest reported compensation on the 2025 filing was $164, to FNB Monterey (Trustee).

Frequently asked questions about Edmund J Russell Medical Educational Trust

How much does Edmund J Russell Medical Educational Trust give each year?

Edmund J Russell Medical Educational Trust gave $4K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4K across 1 grant.

How large is Edmund J Russell Medical Educational Trust?

Edmund J Russell Medical Educational Trust reported $79K in total assets on its 2025 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).

Where does Edmund J Russell Medical Educational Trust operate?

Edmund J Russell Medical Educational Trust has awarded grants in Indiana.

What is Edmund J Russell Medical Educational Trust's EIN?

Edmund J Russell Medical Educational Trust's EIN (Employer Identification Number) is 35-6676512. 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.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS January 19, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS January 17, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS January 2, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 18, 2024)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS January 12, 2026)
  6. IRS filings on file for fiscal years 2021–2025

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

Figures come from Edmund J Russell Medical Educational Trust'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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