Edna L Covalt Charitable Trust
Edna L Covalt Charitable Trust is a private foundation, based in Honolulu, HI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 3 grants totaling $75K. Net investment income was $50K.
Key facts about Edna L Covalt Charitable Trust
In short: Edna L Covalt Charitable Trust gave $75K across 3 grants in 2025 (avg $25K), mostly in Hawaii. Source: 2025 IRS Form 990-PF.
- EIN
- 32-6577986
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $75,000
- Grants made (2025)
- 3
- Average grant
- $25,000
- Median grant
- $25,000
- Total assets
- $1,731,226
- Primary geography
- Hawaii (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.7M
+13.3% YoY
Annual Giving
$75K
+0.0% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$25K
+0.0% YoY
Under IRS private-foundation payout rules, Edna L Covalt Charitable Trust reported a distributable amount of $104K for 2025 — the minimum it must pay out in qualifying distributions.
How Edna L Covalt Charitable Trust gives
- Giving held roughly steady from 2022 to 2025 (−1%). Method
- In 2025 it paid out 83% 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
Share of all 3 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $75K (2024) to $76K (2023). In 2025 it made 3 grants totaling $75K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Hawaii Foodbank ($30K). Together the top 3 received $75K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hawaii Foodbank Lihue, HI | Food 4 Keiki School Pantry | $30,000 |
| Hawaii Meals on Wheels Honolulu, HI | Medically Tailored Meals | $25,000 |
| Kauai Foodbank Lihue, HI | Kupuna Program & Expansion | $20,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,731,226 | $1,527,779 | $1,579,316 |
| Revenue | $309,110 | $49,642 | $23,939 |
| Expenses | $105,663 | $101,177 | $103,639 |
| Qualifying Distributions | $86,490 | $85,287 | $86,615 |
| Net Investment Income | $49,863 | $33,077 | $20,180 |
| Distributable Amount | $103,758 | $86,838 | $81,965 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
Edna L Covalt Charitable Trust's only listed officer is Bank Of Hawaii, Trustee on the 2021 filing (compensated).
Officers on the 2021 filing
The latest filing that lists officers: our copy of the 2022–2025 filings list none.
Bank Of Hawaii
Trustee
New on the 2021 filing
1 hr/week
$21K (2021)
Data from IRS Form 990 filings, 2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $21K, to Bank of Hawaii (Trustee).
Frequently asked questions about Edna L Covalt Charitable Trust
How much does Edna L Covalt Charitable Trust give each year?
Edna L Covalt Charitable Trust gave $75K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $75K across 3 grants.
What is Edna L Covalt Charitable Trust's typical grant size?
Edna L Covalt Charitable Trust's median grant in 2025 was $25,000, and its average grant was $25,000, across 3 grants on its 2025 IRS Form 990-PF.
Where does Edna L Covalt Charitable Trust give grants?
Edna L Covalt Charitable Trust gives mostly in Hawaii: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lihue, HI (2 grants).
Does Edna L Covalt Charitable Trust give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Edna L Covalt Charitable Trust's 2025 IRS Form 990-PF were described as general or operating support.
How large is Edna L Covalt Charitable Trust?
Edna L Covalt Charitable Trust reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $86K in qualifying distributions that year, against a required minimum of $104K (roughly 5% of its investment assets).
What is Edna L Covalt Charitable Trust's EIN?
Edna L Covalt Charitable Trust's EIN (Employer Identification Number) is 32-6577986. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Edna L Covalt Charitable Trust by hand.
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