Formosa Plastics Environmental Trust

Private foundation · Grantmaker Port Lavaca, TX EIN: 74-6388418

Formosa Plastics Environmental Trust is a private foundation, based in Port Lavaca, TX. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grant totaling $669K.

Key facts about Formosa Plastics Environmental Trust

In short: Formosa Plastics Environmental Trust gave $669K across 1 grant in 2023 (avg $669K), mostly in Texas. Source: 2023 IRS Form 990-PF.

EIN
74-6388418
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$669,013
Grants made (2023)
1
Average grant
$669,013
Median grant
$669,013
Primary geography
Texas (100% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$669K

+1881.7% YoY

Grant Count

1

-75.0% YoY

Avg Grant Size

$669K

+7826.7% YoY

Under IRS private-foundation payout rules, Formosa Plastics Environmental Trust reported a distributable amount of $7K for 2023 — the minimum it must pay out in qualifying distributions.

How Formosa Plastics Environmental Trust gives

  • Giving grew 1844% from 2020 to 2023. Method
  • In 2023 it paid out well above 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

1state

Share of the 2023 grant dollars on its one itemized grant.

States

Cities

Aransas PassAustinMatagordaPort LavacaVictoria

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K4 grants2020 6 grants2021 4 grants2022 1 grant2023

From 2020 to 2023, annual grant giving ranged from $33K (2021) to $669K (2023). In 2023 it made 1 grant totaling $669K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

15 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 15 (93%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
1 grant to individuals Recipients not named —$669,013

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023
Metric202320222021
Total Assets—$669,293$805,382
Revenue$2,203$-99,341$9,526
Expenses$671,496$36,748$36,537
Qualifying Distributions$669,013$33,760$33,462
Net Investment Income—$38,452$6,548
Distributable Amount$6,867$35,224$41,434

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 May 17, 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 April 3, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 15, 2024)
  5. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

Formosa Plastics Environmental Trust's 2023 filing lists 2 officers; none of the 2 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Jack Wu Formosa Plastics

    Trustee

    On filings since 2020

    No compensation reported

  • WH Bauer JR First Nationa

    Trustee

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Formosa Plastics Environmental Trust

How much does Formosa Plastics Environmental Trust give each year?

Formosa Plastics Environmental Trust gave $669K across 1 grant in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $34K across 4 grants.

Where does Formosa Plastics Environmental Trust operate?

Formosa Plastics Environmental Trust has awarded grants in Texas.

How much is Formosa Plastics Environmental Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Formosa Plastics Environmental Trust reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Formosa Plastics Environmental Trust's EIN?

Formosa Plastics Environmental Trust's EIN (Employer Identification Number) is 74-6388418. IRS Form 990 filing data is available on this page for 2020–2023.

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

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