Frances Masser Charitable Trust

CLEARWATER, FL EIN: 27-6548145

Frances Masser Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEARWATER, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.2M in total assets. In 2024, it awarded 7 grants totaling $340K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.2M

-5.2% YoY

Annual Giving

$340K

-36.4% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$49K

-36.4% YoY

Under IRS private-foundation payout rules, Frances Masser Charitable Trust reported a distributable amount of $398K for 2024 — the minimum it must pay out in qualifying distributions.

About Frances Masser Charitable Trust

Based on IRS filings

Frances Masser Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEARWATER, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.2M in total assets. In 2024, it awarded 7 grants totaling $340K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

GenoaLexingtonLouisvilleMedfordUrbanaWest Lafayette

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$788K$2M$2M$3M20202021202220232024
Metric202420232022
Total Assets$7,222,527$7,622,683$9,507,584
Revenue$-56,234$-3,425,182$-3,053,466
Expenses$424,752$637,713$890,435
Qualifying Distributions$340,000$534,482$716,477
Net Investment Income$48,529$11,950
Distributable Amount$397,943$333,440$534,481

Giving Over Time

Total grant dollars and number of grants per year

$0$179K$358K$537K$716K7 grants20207 grants20217 grants20227 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

NCOE ALUMNI SCHOLARSHIP …$68KPURDUE UNIVERSITY VETERI…$68KANIMAL CARE SOCIETY - #6…$41KKENTUCKY HUMANE SOCIETY …$41KTUFTS UNIVERSITY SCHOOL …$41KUNIVERSITY OF ILLINOIS V…$41KUNIVERSITY OF KENTUCKY C…$41K

Grant Size Distribution

35 grants across all recorded years

5<$50K22$50–100K8$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ncoe Alumni Scholarship Fund - #37-6108563 ($68,000), Purdue University Veterinary School - #35-6002041 ($68,000), Animal Care Society - #61-1053516 ($40,800).

RecipientPurposeAmount
ANIMAL CARE SOCIETY - #61-1053516 LOUISVILLE, KYUNRESTRICTED DONATION$40,800
KENTUCKY HUMANE SOCIETY - #61-0463938 LOUISVILLE, KYUNRESTRICTED DONATION$40,800
NCOE ALUMNI SCHOLARSHIP FUND - #37-6108563 GENOA, ILTO FUND SCHOLARSHIPS AT THE SCHOOL.$68,000
PURDUE UNIVERSITY VETERINARY SCHOOL - #35-6002041 WEST LAFAYETTE, INTO FUND SCHOLARSHIPS AT THE SCHOOL.$68,000
TUFTS UNIVERSITY SCHOOL OF VETERINARY MEDICINE - #042-103634 MEDFORD, MATO FUND SCHOLARSHIPS AT THE SCHOOL.$40,800
UNIVERSITY OF ILLINOIS VETERINARY SCHOOL - #37-6000511 URBANA, ILTO FUND SCHOLARSHIPS AT THE SCHOOL.$40,800
UNIVERSITY OF KENTUCKY COLLEGE OF AGRICULTURE - #61-6001218 LEXINGTON, KYTO FUND SCHOLARSHIPS FOR STUDENTS INTERESTED IN CONTINUING THEIR STUDY OF VETERINARY MEDICINE AT THE AUBURN UNIVERSITY SCHOOL OF VETERINARY MEDICINE THROUGH THE SOUTHERN REGIONAL EDUCATION BOARD PLAN.$40,800

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

T CRAIG WILSONTRUSTEE$78K

From 2024 filing

NameTitleHoursCompensation
T CRAIG WILSONTRUSTEE10$78,258

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Frances Masser Charitable Trust?

Frances Masser Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEARWATER, FL. It holds $7.2M in total assets as of 2024.

How large is Frances Masser Charitable Trust?

As of 2024, Frances Masser Charitable Trust holds $7.2M in total assets with $-56,234 in annual revenue. It awarded 7 grants totaling $340K in 2024.

Where does Frances Masser Charitable Trust operate?

Frances Masser Charitable Trust has awarded grants in Illinois, Indiana, Kentucky, Massachusetts.

What size grants does Frances Masser Charitable Trust award?

In 2024, Frances Masser Charitable Trust awarded 7 grants totaling $340K — an average of about $49K per grant, based on its IRS Form 990 filings.

How much is Frances Masser Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Frances Masser Charitable Trust reported a distributable amount of $398K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Frances Masser Charitable Trust's EIN?

Frances Masser Charitable Trust's EIN (Employer Identification Number) is 27-6548145. 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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