Frances Hollis Palmros Trust XXXXX2002

Private foundation · Grantmaker Chicago, IL EIN: 75-6398182

Frances Hollis Palmros Trust XXXXX2002 is a private foundation, based in Chicago, IL. IRS filing data is available from 2021 through 2024. In 2024, it awarded 1 grant totaling $420K. Net investment income was $75K.

Key facts about Frances Hollis Palmros Trust XXXXX2002

In short: Frances Hollis Palmros Trust XXXXX2002 gave $420K across 1 grant in 2024 (avg $420K), mostly in Texas. Source: 2024 IRS Form 990-PF.

EIN
75-6398182
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$419,506
Grants made (2024)
1
Average grant
$419,506
Median grant
$419,506
Primary geography
Texas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$420K

+2158.9% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$420K

+6676.8% YoY

Under IRS private-foundation payout rules, Frances Hollis Palmros Trust XXXXX2002 reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

How Frances Hollis Palmros Trust XXXXX2002 gives

  • Giving grew 2387% from 2021 to 2024. Method
  • In 2024 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 2024 grant dollars on its one itemized grant.

States

Cities

Fort WorthMcKinney

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K2 grants2021 4 grants2022 3 grants2023 1 grant2024

From 2021 to 2024, annual grant giving ranged from $17K (2021) to $420K (2024). In 2024 it made 1 grant totaling $420K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Texas Wesleyan University: $420KTexas Wesleyan University$420K

The largest 2024 recipient was Texas Wesleyan University ($420K).

Grant Size Distribution

10 grants across all recorded years

9<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 10 (90%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Texas Wesleyan University Fort Worth, TXGeneral$419,506

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2021 2022 2023 2024
Metric202420232022
Total Assets—$354,927$371,477
Revenue$79,262$11,642$17,965
Expenses$432,230$28,200$29,054
Qualifying Distributions$427,945$22,881$22,866
Net Investment Income$74,991$6,471$12,067
Distributable Amount$14,404$18,893$22,540

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Frances Hollis Palmros Trust XXXXX2002's only listed officer is JP Morgan Chase Bank NA, Trustee on every filing since 2021 (compensated).

Officers on the 2024 filing

  • JP Morgan Chase Bank NA

    Trustee

    On filings since 2021

    2 hrs/week

    $9K (2021) → $6K (2024)

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

JP Morgan Chase Bank NA — Trustee: $6KJP Morgan Chase Bank NATrustee$6K

The highest reported compensation on the 2024 filing was $6K, to JP Morgan Chase Bank NA (Trustee).

Frequently asked questions about Frances Hollis Palmros Trust XXXXX2002

How much does Frances Hollis Palmros Trust XXXXX2002 give each year?

Frances Hollis Palmros Trust XXXXX2002 gave $420K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $19K across 3 grants.

Where does Frances Hollis Palmros Trust XXXXX2002 operate?

Frances Hollis Palmros Trust XXXXX2002 has awarded grants in Texas.

How much is Frances Hollis Palmros Trust XXXXX2002 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Frances Hollis Palmros Trust XXXXX2002 reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Frances Hollis Palmros Trust XXXXX2002's EIN?

Frances Hollis Palmros Trust XXXXX2002's EIN (Employer Identification Number) is 75-6398182. IRS Form 990 filing data is available on this page for 2021–2024.

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

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