Elmer McKenney Scholarship Trust

Private foundation · Grantmaker Abilene, TX EIN: 75-6319992

Elmer McKenney Scholarship Trust is a private foundation, based in Abilene, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $228K in total assets. In 2025, it awarded 7 grants totaling $8K. Net investment income was $17K.

Key facts about Elmer McKenney Scholarship Trust

In short: Elmer McKenney Scholarship Trust gave $8K across 7 grants in 2025 (avg $1K), mostly in Texas. Source: 2025 IRS Form 990-PF.

EIN
75-6319992
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$8,229
Grants made (2025)
7
Average grant
$1,176
Median grant
$1,176
Total assets
$227,679
Primary geography
Texas (71% 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

$228K

+0.4% YoY

Annual Giving

$8K

+2.9% YoY

Grant Count

7

-30.0% YoY

Avg Grant Size

$1K

+46.9% YoY

Under IRS private-foundation payout rules, Elmer McKenney Scholarship Trust reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.

How Elmer McKenney Scholarship Trust gives

  • Giving grew 160% from 2022 to 2025. Method
  • In 2025 it paid out 75% 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.

Your AI grants department

Ready to take the next step with Elmer McKenney Scholarship Trust?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

LubbockAbileneCollege StationDallasStephenvilleWacoCanyonCorpus ChristiFort WorthIrvineIthacaJacksonLevellandLincolnLongviewSan Marcos

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K6 grants2021 7 grants2022 7 grants2023 10 grants2024 7 grants2025

From 2021 to 2025, annual grant giving ranged from $3K (2021) to $8K (2025). In 2025 it made 7 grants totaling $8K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Texas Tech University: $2K across 2 grantsTexas Tech University$2K · 2 grantsAbilene Christian University: $1KAbilene Christian University$1KBellhaven University: $1KBellhaven University$1KTexas State Technical College: $1KTexas State Technical College$1KTexas State University: $1KTexas State University$1KUniversity of California Irvine: $1KUniversity of CaliforniaIrvine$1K

The largest 2025 recipient was Texas Tech University ($2K across 2 grants). Together the top 6 received $8K.

Grant Size Distribution

37 grants across all recorded years

37<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 37 grants of 37 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Abilene Christian University Abilene, TXScholarship$1,176
Bellhaven University Jackson, MSScholarship$1,176
Texas State Technical College Abilene, TXScholarship$1,176
Texas Tech University Lubbock, TXScholarship$1,176
Texas State University San Marcos, TXScholarship$1,175
Texas Tech University Lubbock, TXScholarship$1,175
University of California Irvine Irvine, CAScholarship$1,175

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$227,679$226,882$228,418
Revenue$17,820$15,579$13,977
Expenses$17,110$17,214$14,958
Qualifying Distributions$15,275$14,418$11,699
Net Investment Income$17,074$14,875$12,985
Distributable Amount$20,497$18,540$17,536

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Elmer McKenney Scholarship Trust is led by First Financial Trust Asset Mgmt, Trustee on every filing since 2021 — the only officer listed, and compensated.

Officers on the 2025 filing

  • First Financial Trust Asset Mgmt

    Trustee

    On filings since 2021

    1 hr/week

    $4K (2021) → $5K (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

First Financial Trust Asset Mgmt — Trustee: $5KFirst Financial Trust…Trustee$5K

The highest reported compensation on the 2025 filing was $5K, to First Financial Trust Asset Mgmt (Trustee).

Frequently asked questions about Elmer McKenney Scholarship Trust

How much does Elmer McKenney Scholarship Trust give each year?

Elmer McKenney Scholarship Trust gave $8K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 10 grants.

What is Elmer McKenney Scholarship Trust's typical grant size?

Elmer McKenney Scholarship Trust's median grant in 2025 was $1,176, and its average grant was $1,176, across 7 grants on its 2025 IRS Form 990-PF.

Where does Elmer McKenney Scholarship Trust give grants?

Elmer McKenney Scholarship Trust gives mostly in Texas: 71% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Mississippi (14%) and California (14%). The most frequent recipient cities were Abilene, TX (2 grants) and Lubbock, TX (2 grants).

Does Elmer McKenney Scholarship Trust give general operating support?

Not in 2025: none of the 7 grants with a stated purpose on Elmer McKenney Scholarship Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (7 grants).

Who are Elmer McKenney Scholarship Trust's largest grantees?

Elmer McKenney Scholarship Trust's largest 2025 grantees include Texas Tech University ($2,351 across 2 grants), Abilene Christian University ($1,176) and Bellhaven University ($1,176), according to its 2025 IRS Form 990-PF. Together they received 57% of its itemized 2025 grant dollars.

How large is Elmer McKenney Scholarship Trust?

Elmer McKenney Scholarship Trust reported $228K in total assets on its 2025 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $20K (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.

What is Elmer McKenney Scholarship Trust's EIN?

Elmer McKenney Scholarship Trust's EIN (Employer Identification Number) is 75-6319992. 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.

Your AI grants department

Here's the math on researching Elmer McKenney Scholarship Trust by hand.

Explore Open Grants

Browse active grant opportunities in Elmer McKenney Scholarship Trust's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Folds of Honor Foundation

Owasso, OK

Folds of Honor funds education scholarships for spouses and children of U.S. military service members and first responders killed or disabled in service, with awards available for K–12 and higher education in the United States and its territories. Awards are up to $5,000 per academic year, based on unmet need, and are paid directly to the school. It accepts scholarship applications through an online portal during its annual application window; it does not make grants to outside applicants.

Education

Assets

$122.3M

Grants

1,551

Total Given

$37.6M

Tulsa Community Foundation

Tulsa, OK

Tulsa Community Foundation supports a broad range of charitable needs, including arts and humanities, healthcare, education, scholarships, emergency assistance, and endowments. Its 2024 grants had a median of $18,560 and primarily benefited the Tulsa area and eastern Oklahoma, with grants also reaching elsewhere in the U.S.; it administers application cycles for selected funds.

Assets

$1.1B

Grants

1,066

Total Given

$158.6M

The Robert a Welch Foundation

Houston, TX

The Robert A. Welch Foundation funds basic chemistry research and closely related fields at educational institutions in Texas. Its research grants provide $117,000 per year, while grants overall vary widely; the 2025 median was $105,000. Research Grant applications are submitted through ProposalCentral; departmental and Catalyst for Discovery proposals are by invitation.

Philanthropy, Voluntarism & Grantmaking

Assets

$622.7M

Grants

69

Total Given

$38.3M

Michael & Susan Dell Foundation

Austin, TX

The Michael & Susan Dell Foundation funds education, health, family economic stability, and nonprofit capacity, with a strong focus on children and families and its deepest investment in Texas, especially Greater Austin; it also supports work elsewhere in the U.S. and internationally. Its 2024 grants ranged from $75 to $50 million, with a median of $19,324. It accepts unsolicited requests through an online application.

Assets

$7.8B

Grants

835

Total Given

$164.6M

Greater Houston Community Foundation

Houston, TX

The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.

Assets

$1.1B

Grants

1,724

Total Given

$232.3M

Irene S Wischer Education Foundation #FA945

San Antonio, TX

The Irene S Wischer Education Foundation funds scholarships for undergraduate, graduate, vocational, and technical education, with 2025 awards ranging from $10,000 to $20,000. It primarily supports students in Texas, though it also awards scholarships elsewhere; the profile describes an online scholarship application process, with a listed deadline of February 28, 2025.

Philanthropy, Voluntarism & Grantmaking

Assets

$12.4M

Grants

50

Total Given

$513K

Communities Foundation of Texas Inc

Dallas, TX

Communities Foundation of Texas funds charitable work in health, wealth, living, and learning, with much of its grantmaking supporting North Texas nonprofits; its 2025 grants had a median of $18,779, though award sizes varied widely. Nearly all opportunities are by invitation, and its Nonprofit Gateway profile is not a grant application.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.2B

Grants

2,209

Total Given

$209.2M

BNSF Railway Foundation

Fort Worth, TX

The BNSF Railway Foundation supports civic, cultural, educational, health and human services, environmental, and youth programs, as well as general operating costs, in communities served by BNSF across its 28-state network. Its 2025 median grant was $2,500; its current grants program lists awards of $1,000–$10,000.

Philanthropy, Voluntarism & Grantmaking

Assets

$23.0M

Grants

993

Total Given

$7.0M

Baker Hughes Foundation

Houston, TX

Philanthropy, Voluntarism & Grantmaking

Assets

$2.2M

Grants

990

Total Given

$3.2M

Community Foundation of North Texas (Tax

Fort Worth, TX

The Community Foundation of North Texas supports nonprofits through grants for areas including animal welfare, conservation, community development, nonprofit capacity, and opportunity, primarily in North Texas, including seven listed counties. Its 2024 grants had a median amount of $14,250, with awards ranging from $5,100 to $1.5 million. It offers competitive grants through application cycles; nonprofits cannot apply for donor-advised grants.

Philanthropy, Voluntarism & Grantmaking

Assets

$544.9M

Grants

872

Total Given

$41.3M

More Funders in Texas

Elmer McKenney Scholarship Trust down — hundreds of funders to go?

Want AI to do this for you?