Gaines H Billue Charitable Living Trust

DALLAS, TX EIN: 48-6195087

Gaines H Billue Charitable Living Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 1 grants totaling $85K. Net investment income was $172K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

+3.8% YoY

Annual Giving

$85K

+6.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$85K

+6.3% YoY

Under IRS private-foundation payout rules, Gaines H Billue Charitable Living Trust reported a distributable amount of $110K for 2024 — the minimum it must pay out in qualifying distributions.

About Gaines H Billue Charitable Living Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kansas $388K (100%)

States

Kansas

Cities

Mcpherson

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,015,833	$1,942,222	$2,000,786
Revenue	$195,578	$52,997	$-49,501
Expenses	$119,924	$110,874	$113,906
Qualifying Distributions	$97,518	$91,294	$83,638
Net Investment Income	$171,715	$28,850	$18,869
Distributable Amount	$110,370	$101,115	$103,078

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mcpherson College ($85,000).

Recipient	Purpose	Amount
MCPHERSON COLLEGE MCPHERSON, KS	SCHOLARSHIPS FOR INDUSTRIAL	$85,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$30,044

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Gaines H Billue Charitable Living Trust?

Gaines H Billue Charitable Living Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $2.0M in total assets as of 2024.

How large is Gaines H Billue Charitable Living Trust?

As of 2024, Gaines H Billue Charitable Living Trust holds $2.0M in total assets with $196K in annual revenue. It awarded 1 grants totaling $85K in 2024.

Where does Gaines H Billue Charitable Living Trust operate?

Gaines H Billue Charitable Living Trust has awarded grants in Kansas.

What size grants does Gaines H Billue Charitable Living Trust award?

In 2024, Gaines H Billue Charitable Living Trust awarded 1 grants totaling $85K — an average of about $85K per grant, based on its IRS Form 990 filings.

How much is Gaines H Billue Charitable Living Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gaines H Billue Charitable Living Trust reported a distributable amount of $110K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gaines H Billue Charitable Living Trust's EIN?

Gaines H Billue Charitable Living Trust's EIN (Employer Identification Number) is 48-6195087. IRS Form 990 filing data is available on this page for 2020–2024.