Educational Resource Development Trust is a private foundation focused on Education, based in SANTA MONICA, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 1 grants totaling $25K. Net investment income was $128K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.0M
-11.1% YoY
Annual Giving
$25K
+1551.7% YoY
Grant Count
1
-80.0% YoY
Avg Grant Size
$25K
+8158.3% YoY
Under IRS private-foundation payout rules, Educational Resource Development Trust reported a distributable amount of $200K for 2024 — the minimum it must pay out in qualifying distributions.
About Educational Resource Development Trust
Based on IRS filings
Educational Resource Development Trust is a private foundation focused on Education, based in SANTA MONICA, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 1 grants totaling $25K. Net investment income was $128K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,022,037 | $5,650,436 | $5,533,935 |
| Revenue | $4,465,294 | $3,748,516 | $3,166,867 |
| Expenses | $5,255,063 | $4,085,788 | $3,134,682 |
| Qualifying Distributions | $753,633 | $69,088 | $1,300 |
| Net Investment Income | $127,583 | $143,864 | $148,001 |
| Distributable Amount | $199,823 | $241,260 | $258,875 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Attached ($24,775).
| Recipient | Purpose | Amount |
|---|---|---|
| Attached Santa Monica, CA | To further their exempt purpose | $24,775 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Philip Hollingsworth | SecTreasDirector | — | — |
| Roger Riske | Director | — | — |
| Colin Churchill | Director | 19 | $292,620 |
| Kelli Jones | President | 40 | $164,307 |
| Svetlana Mitchell | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Educational Resource Development Trust?
Educational Resource Development Trust is a private foundation focused on Education, based in SANTA MONICA, CA. It holds $5.0M in total assets as of 2024.
How large is Educational Resource Development Trust?
As of 2024, Educational Resource Development Trust holds $5.0M in total assets with $4.5M in annual revenue. It awarded 1 grants totaling $25K in 2024.
Where does Educational Resource Development Trust operate?
Educational Resource Development Trust has awarded grants in California.
What size grants does Educational Resource Development Trust award?
In 2024, Educational Resource Development Trust awarded 1 grants totaling $25K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is Educational Resource Development Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Educational Resource Development Trust reported a distributable amount of $200K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Educational Resource Development Trust's EIN?
Educational Resource Development Trust's EIN (Employer Identification Number) is 51-0153563. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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