Forrest and Minnie Oates Schsp Trust is a private foundation focused on Education, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $172K in total assets. In 2024, it awarded 12 grants totaling $7K. Net investment income was $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$172K
-2.9% YoY
Annual Giving
$7K
-28.0% YoY
Grant Count
12
+100.0% YoY
Avg Grant Size
$600
-64.0% YoY
Under IRS private-foundation payout rules, Forrest and Minnie Oates Schsp Trust reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
About Forrest and Minnie Oates Schsp Trust
Based on IRS filings
Forrest and Minnie Oates Schsp Trust is a private foundation focused on Education, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $172K in total assets. In 2024, it awarded 12 grants totaling $7K. Net investment income was $3K.
Focus Areas
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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 | $172,093 | $177,243 | $189,636 |
| Revenue | $5,911 | $1,910 | $4,581 |
| Expenses | $11,626 | $14,278 | $15,197 |
| Qualifying Distributions | $9,111 | $11,945 | $11,918 |
| Net Investment Income | $3,438 | $2,989 | $3,040 |
| Distributable Amount | $10,129 | $9,012 | $10,775 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
52 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Troy University ($600), Troy University ($600), Jacksonville State University ($600).
| Recipient | Purpose | Amount |
|---|---|---|
| TROY UNIVERSITY TROY, AL | GENERAL OPERATING | $600 |
| TROY UNIVERSITY TROY, AL | GENERAL OPERATING | $600 |
| JACKSONVILLE STATE UNIVERSITY JACKSONVILLE, AL | GENERAL OPERATING | $600 |
| UNIVERSITY OF MOBILE MOBILE, AL | GENERAL OPERATING | $600 |
| AUBURN UNIVERSITY AUBURN UNIVERSITY, AL | GENERAL OPERATING | $600 |
| SAMFORD UNIVERSITY BIRMINGHAM, AL | GENERAL OPERATING | $600 |
| UNIVERSITY OF SOUTH ALABAMA MOBILE, AL | GENERAL OPERATING | $600 |
| JEFFERSON STATE COLLEGE BIRMINGHAM, AL | GENERAL OPERATING | $600 |
| JEFFERSON STATE COLLEGE BIRMINGHAM, AL | GENERAL OPERATING | $600 |
| UNIVERSITY OF ALABAMA TUSCALOOSA, AL | GENERAL OPERATING | $600 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WELLS FARGO BANK N A | TRUSTEE | 1 | $3,235 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Forrest and Minnie Oates Schsp Trust?
Forrest and Minnie Oates Schsp Trust is a private foundation focused on Education, based in SAINT LOUIS, MO. It holds $172K in total assets as of 2024.
How large is Forrest and Minnie Oates Schsp Trust?
As of 2024, Forrest and Minnie Oates Schsp Trust holds $172K in total assets with $6K in annual revenue. It awarded 12 grants totaling $7K in 2024.
Where does Forrest and Minnie Oates Schsp Trust operate?
Forrest and Minnie Oates Schsp Trust has awarded grants in Alabama.
What size grants does Forrest and Minnie Oates Schsp Trust award?
In 2024, Forrest and Minnie Oates Schsp Trust awarded 12 grants totaling $7K — an average of about $600 per grant, based on its IRS Form 990 filings.
How much is Forrest and Minnie Oates Schsp Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Forrest and Minnie Oates Schsp Trust reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Forrest and Minnie Oates Schsp Trust's EIN?
Forrest and Minnie Oates Schsp Trust's EIN (Employer Identification Number) is 63-6166146. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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