Floyd and Elizabeth Culver Memorial College

Private foundation · Grantmaker Eagan, MN EIN: 91-6573013

Floyd and Elizabeth Culver Memorial College is a private foundation, based in Eagan, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $371K in total assets. In 2025, it awarded 8 grants totaling $19K. Net investment income was $67K.

Key facts about Floyd and Elizabeth Culver Memorial College

In short: Floyd and Elizabeth Culver Memorial College gave $19K across 8 grants in 2025 (avg $2K), mostly in Oregon. Source: 2025 IRS Form 990-PF.

EIN
91-6573013
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$18,952
Grants made (2025)
8
Average grant
$2,369
Median grant
$2,369
Total assets
$371,166
Primary geography
Oregon (63% 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

$371K

+13.7% YoY

Annual Giving

$19K

-24.2% YoY

Grant Count

8

-11.1% YoY

Avg Grant Size

$2K

-14.7% YoY

Under IRS private-foundation payout rules, Floyd and Elizabeth Culver Memorial College reported a distributable amount of $21K for 2025 — the minimum it must pay out in qualifying distributions.

How Floyd and Elizabeth Culver Memorial College gives

  • Giving fell 32% from 2022 to 2025. 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

EugeneCorvallisBellinghamBerkeleyCharlotteForest GroveMonmouthPortlandMcMinnvilleOaklandTillamook

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants2019 2 grants2020 2 grants2021 4 grants2022 8 grants2023 9 grants2024 8 grants2025

From 2020 to 2025, annual grant giving ranged from $19K (2025) to $36K (2023). In 2025 it made 8 grants totaling $19K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Oregon State University: $2KOregon State University$2KUniversity of Oregon: $2KUniversity of Oregon$2KWestern Washington University: $2KWestern Washington University$2KWestern Oregon University: $2KWestern Oregon University$2KQueens University of Charlotte: $2KQueens University of Charlotte$2KPacific University: $2KPacific University$2KUniversity of Portland: $2KUniversity of Portland$2K

The largest 2025 recipient was Oregon State University ($2K). Together the top 7 received $17K.

Organizations only. It also paid 1 individual scholarship ($2,369), which are not listed by name.

Grant Size Distribution

31 grants across all recorded years

31<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 31 grants of 31 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Oregon State University Corvallis, ORScholarship$2,369
University of Oregon Eugene, ORScholarships$2,369
1 individual scholarship Recipients not named —$2,369
Western Washington University Bellingham, WAScholarship$2,369
Western Oregon University Monmouth, ORScholarship$2,369
Queens University of Charlotte Charlotte, NCScholarship$2,369
Pacific University Forest Grove, ORScholarship$2,369
University of Portland Portland, ORScholarship$2,369

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$371,166$326,482$298,119
Revenue$73,695$61,482$11,618
Expenses$28,999$33,114$44,024
Qualifying Distributions$21,281$27,196$38,166
Net Investment Income$67,434$55,550$6,078
Distributable Amount$20,876$19,573$19,098

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS February 9, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 2, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 3, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 9, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 9, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 10, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 10, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Floyd and Elizabeth Culver Memorial College's only listed officer is US Bank N A, Trustee on the 2025 filing (compensated).

Officers on the 2025 filing

  • US Bank N A

    Trustee

    New on the 2025 filing

    1 hr/week

    $7K (2025)

Former officers (1)
  • Former: US Bank (2019–2024) — Trustee

Data from IRS Form 990 filings, 2019–2025. "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

US Bank N a — Trustee: $7KUS Bank N aTrustee$7K

The highest reported compensation on the 2025 filing was $7K, to US Bank N a (Trustee).

Frequently asked questions about Floyd and Elizabeth Culver Memorial College

How much does Floyd and Elizabeth Culver Memorial College give each year?

Floyd and Elizabeth Culver Memorial College gave $19K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 9 grants.

What is Floyd and Elizabeth Culver Memorial College's typical grant size?

Floyd and Elizabeth Culver Memorial College's median grant in 2025 was $2,369, and its average grant was $2,369, across 8 grants on its 2025 IRS Form 990-PF.

Where does Floyd and Elizabeth Culver Memorial College give grants?

Floyd and Elizabeth Culver Memorial College gives mostly in Oregon: 63% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were California (13%) and Washington (13%).

Does Floyd and Elizabeth Culver Memorial College give general operating support?

Not in 2025: none of the 8 grants with a stated purpose on Floyd and Elizabeth Culver Memorial College's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (7 grants).

Who are Floyd and Elizabeth Culver Memorial College's largest grantees?

Floyd and Elizabeth Culver Memorial College's largest 2025 grantees include Oregon State University ($2,369), University of Oregon ($2,369) and Western Washington University ($2,369), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($2,369), which are not listed by name. Together they received 38% of its itemized 2025 grant dollars.

How large is Floyd and Elizabeth Culver Memorial College?

Floyd and Elizabeth Culver Memorial College reported $371K in total assets on its 2025 IRS Form 990-PF. It paid out $21K in qualifying distributions that year, against a required minimum of $21K (roughly 5% of its investment assets).

What is Floyd and Elizabeth Culver Memorial College's EIN?

Floyd and Elizabeth Culver Memorial College's EIN (Employer Identification Number) is 91-6573013. IRS Form 990 filing data is available on this page for 2019–2025.

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

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