Floyd & Garnet Summers Charitable Trust
Floyd & Garnet Summers Charitable Trust is a private foundation, based in MUNCIE, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $269K in total assets. In 2024, it awarded 6 grants totaling $18K. Net investment income was $19K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$269K
-1.6% YoY
Annual Giving
$18K
+37.6% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$3K
-31.2% YoY
Under IRS private-foundation payout rules, Floyd & Garnet Summers Charitable Trust reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
About Floyd & Garnet Summers Charitable Trust
Based on IRS filings
Floyd & Garnet Summers Charitable Trust is a private foundation, based in MUNCIE, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $269K in total assets. In 2024, it awarded 6 grants totaling $18K. Net investment income was $19K.
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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 | $269,350 | $273,783 | $286,099 |
| Revenue | $20,876 | $7,558 | $12,533 |
| Expenses | $25,309 | $19,870 | $25,812 |
| Qualifying Distributions | $23,868 | $18,635 | $22,258 |
| Net Investment Income | $19,435 | $6,323 | $10,834 |
| Distributable Amount | $18,116 | $16,663 | $17,176 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fountain Park Cemetery Association ($5,850), Community Foundation of Randolph County ($5,000), Lynn Community Food Pantry ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Cancer Services of Randolph County Winchester, IN | GENERAL OPERATIONS | $2,000 |
| LYNN COMMUNITY FOOD PANTRY LYNN, IN | GENERAL OPERATIONS | $3,000 |
| FOUNTAIN PARK CEMETERY ASSOCIATION WINCHESTER, IN | GENERAL OPERATIONS | $5,850 |
| Historic Farmland Farmland, IN | GENERAL OPERATIONS | $1,260 |
| Community Foundation of Randolph County Winchester, IN | GENERAL OPERATIONS | $5,000 |
| Winchester Main Street Winchester, IN | GENERAL OPERATIONS | $707 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Frequently Asked Questions
How large is Floyd & Garnet Summers Charitable Trust?
As of 2024, Floyd & Garnet Summers Charitable Trust holds $269K in total assets with $21K in annual revenue. It awarded 6 grants totaling $18K in 2024.
Where does Floyd & Garnet Summers Charitable Trust operate?
Floyd & Garnet Summers Charitable Trust has awarded grants in Indiana.
What size grants does Floyd & Garnet Summers Charitable Trust award?
In 2024, Floyd & Garnet Summers Charitable Trust awarded 6 grants totaling $18K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Floyd & Garnet Summers Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Floyd & Garnet Summers Charitable Trust reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Floyd & Garnet Summers Charitable Trust's EIN?
Floyd & Garnet Summers Charitable Trust's EIN (Employer Identification Number) is 35-6646654. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Floyd & Garnet Summers Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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