Gladys Stratton Trust
Gladys Stratton Trust is a private foundation focused on Education, based in Paris, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 2 grants totaling $58K. Net investment income was $74K.
Gladys Stratton Trust at a glance
In short: Gladys Stratton Trust gave $58K across 2 grants in 2025 (avg $29K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $58,225
- -0.9% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $29,113
- -0.9% vs 2024
- Median grant
- $29,113
- Total assets
- $1,373,098
- -0.1% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Gladys Stratton Trust funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was One Hope United ($39K). Together the top 2 received $58K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 7 grants of 8 (88%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Gladys Stratton Trust gives
- Giving fell 58% from 2022 to 2025. Method
- In 2025 it paid out 104% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $51K (2019) to $138K (2022). In 2025 it made 2 grants totaling $58K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| One Hope United Chicago, IL | General Support | $38,817 |
| The Baby Fold Normal, IL | General Support | $19,408 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,373,098 | $128,676 | $113,665 | $58,225 | 2 | $160,591 | $73,611 | $154,485 |
| 2024 | $1,375,145 | $104,252 | $129,856 | $58,754 | 2 | $119,661 | $75,026 | $167,268 |
| 2023 | $1,402,249 | $119,590 | $111,586 | $65,065 | 2 | $217,012 | $88,230 | $173,201 |
| 2022 | $1,407,595 | $134,027 | $181,763 | $137,674 | 2 | $221,393 | $103,161 | $150,835 |
| 2021 | $1,503,057 | $112,129 | $47,433 | — | — | $94,863 | $82,316 | $163,852 |
| 2020 | $1,461,761 | $83,331 | $99,155 | $56,400 | 2 | — | $57,352 | $160,758 |
| 2019 | $1,495,540 | $83,623 | $96,556 | $50,754 | 2 | — | $55,380 | $157,379 |
Under IRS private-foundation payout rules, Gladys Stratton Trust reported a distributable amount of $154K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Gladys Stratton Trust's only listed officer is Prospect Bank, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
Prospect Bank
Trustee
On filings since 2019
5 hrs/week
$13K (2019) → $15K (2025)
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $15K, to Prospect Bank (Trustee).
Frequently asked questions about Gladys Stratton Trust
How much does Gladys Stratton Trust give each year?
Gladys Stratton Trust gave $58K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $59K across 2 grants.
How large is Gladys Stratton Trust?
Gladys Stratton Trust reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $161K in qualifying distributions that year, against a required minimum of $154K (roughly 5% of its investment assets).
What is Gladys Stratton Trust?
Gladys Stratton Trust is a private foundation focused on Education, based in Paris, IL. It holds $1.4M in total assets as of 2025.
Where does Gladys Stratton Trust operate?
Gladys Stratton Trust has awarded grants in Illinois.
What is Gladys Stratton Trust's EIN?
Gladys Stratton Trust's EIN (Employer Identification Number) is 37-6164685. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 18, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
Live grants for the work Gladys Stratton Trust funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Gladys Stratton Trust's focus areas in our free grants database
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