Elizabeth Sullivan Clem Trust FD592

Private foundation · Grantmaker San Antonio, TX EIN: 74-1688803

Elizabeth Sullivan Clem Trust FD592 is a private foundation, based in San Antonio, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $7.1M in total assets. In 2025, it awarded 3 grants totaling $557K. Net investment income was $421K.

Key facts about Elizabeth Sullivan Clem Trust FD592

In short: Elizabeth Sullivan Clem Trust FD592 gave $557K across 3 grants in 2025 (avg $186K), mostly in Texas. Source: 2025 IRS Form 990-PF.

EIN
74-1688803
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$556,536
Grants made (2025)
3
Average grant
$185,512
Median grant
$185,512
Total assets
$7,067,327
Primary geography
Texas (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

$7.1M

-2.5% YoY

Annual Giving

$557K

-19.5% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$186K

-19.5% YoY

Under IRS private-foundation payout rules, Elizabeth Sullivan Clem Trust FD592 reported a distributable amount of $428K for 2025 — the minimum it must pay out in qualifying distributions.

How Elizabeth Sullivan Clem Trust FD592 gives

  • Giving grew 83% from 2022 to 2025. Method
  • In 2025 it paid out 140% of its IRS minimum distribution (the 5% rule). 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

2states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

San AntonioKirkwood

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K4 grants2020 4 grants2021 3 grants2022 3 grants2023 3 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $132K (2021) to $691K (2024). In 2025 it made 3 grants totaling $557K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Our Lady Of The Lake University: $186KOur Lady Of The LakeUniversity$186KSanta Rosa Childrens Hospital Foundation: $186KSanta Rosa Childrens HospitalFoundation$186KAscension Depaul Services: $186KAscension Depaul Services$186K

The largest 2025 recipient was Our Lady Of The Lake University ($186K). Together the top 3 received $557K.

Grant Size Distribution

16 grants across all recorded years

4<$50K$50–100K12$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 12 grants of 16 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Our Lady Of The Lake University San Antonio, TXUnrestricted Charitable$185,512
Santa Rosa Childrens Hospital Foundation San Antonio, TXUnrestricted Charitable$185,512
Ascension Depaul Services San Antonio, TXUnrestricted Charitable$185,512

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$7,067,327$7,246,433$7,746,697
Revenue$468,677$289,459$255,926
Expenses$647,783$789,723$650,019
Qualifying Distributions$596,585$730,688$581,611
Net Investment Income$420,704$262,521$293,056
Distributable Amount$427,565$436,594$430,528

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 5, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 2, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)

Leadership & Key People

Officers and directors from IRS filings

Elizabeth Sullivan Clem Trust FD592's only listed officer is Frost Bank Trustee, Trustee on every filing since 2020 (compensated).

Officers on the 2025 filing

  • Frost Bank Trustee

    Trustee

    On filings since 2020

    40 hrs/week

    $65K (2020) → $78K (2025)

Data from IRS Form 990 filings, 2020–2025. "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

Frost Bank Trustee — Trustee: $78KFrost Bank TrusteeTrustee$78K

The highest reported compensation on the 2025 filing was $78K, to Frost Bank Trustee (Trustee).

Frequently asked questions about Elizabeth Sullivan Clem Trust FD592

How much does Elizabeth Sullivan Clem Trust FD592 give each year?

Elizabeth Sullivan Clem Trust FD592 gave $557K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $691K across 3 grants.

What is Elizabeth Sullivan Clem Trust FD592's typical grant size?

Elizabeth Sullivan Clem Trust FD592's median grant in 2025 was $185,512, and its average grant was $185,512, across 3 grants on its 2025 IRS Form 990-PF.

Where does Elizabeth Sullivan Clem Trust FD592 give grants?

Elizabeth Sullivan Clem Trust FD592 gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were San Antonio, TX (3 grants).

Does Elizabeth Sullivan Clem Trust FD592 give general operating support?

Yes: 100% of Elizabeth Sullivan Clem Trust FD592's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Elizabeth Sullivan Clem Trust FD592?

Elizabeth Sullivan Clem Trust FD592 reported $7.1M in total assets on its 2025 IRS Form 990-PF. It paid out $597K in qualifying distributions that year, against a required minimum of $428K (roughly 5% of its investment assets).

What is Elizabeth Sullivan Clem Trust FD592's EIN?

Elizabeth Sullivan Clem Trust FD592's EIN (Employer Identification Number) is 74-1688803. IRS Form 990 filing data is available on this page for 2020–2025.

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

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