Grace G Thornton Uta Scholarship Trust

CHICAGO, IL EIN: 75-6084824

Grace G Thornton Uta Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 1 grants totaling $924K. Net investment income was $978K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.5M

-0.4% YoY

Annual Giving

$924K

-24.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$924K

-24.5% YoY

Under IRS private-foundation payout rules, Grace G Thornton Uta Scholarship Trust reported a distributable amount of $555K for 2024 — the minimum it must pay out in qualifying distributions.

About Grace G Thornton Uta Scholarship 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

Texas $7.8M (100%)

States

Texas

Cities

Arlington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,516,013	$5,540,332	$5,287,141
Revenue	$1,715,771	$1,975,183	$3,370,539
Expenses	$1,715,299	$1,721,552	$2,741,257
Qualifying Distributions	$960,119	$1,255,549	$2,240,907
Net Investment Income	$978,044	$1,548,879	$2,997,414
Distributable Amount	$554,988	$516,600	$717,497

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 University of Texas at Arlington ($923,883).

Recipient	Purpose	Amount
UNIVERSITY OF TEXAS AT ARLINGTON ARLINGTON, TX	SCHOLARSHIP	$923,883

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Grace G Thornton Uta Scholarship Trust?

Grace G Thornton Uta Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $5.5M in total assets as of 2024.

How large is Grace G Thornton Uta Scholarship Trust?

As of 2024, Grace G Thornton Uta Scholarship Trust holds $5.5M in total assets with $1.7M in annual revenue. It awarded 1 grants totaling $924K in 2024.

Where does Grace G Thornton Uta Scholarship Trust operate?

Grace G Thornton Uta Scholarship Trust has awarded grants in Texas.

What size grants does Grace G Thornton Uta Scholarship Trust award?

In 2024, Grace G Thornton Uta Scholarship Trust awarded 1 grants totaling $924K — an average of about $924K per grant, based on its IRS Form 990 filings.

How much is Grace G Thornton Uta Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Grace G Thornton Uta Scholarship Trust reported a distributable amount of $555K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Grace G Thornton Uta Scholarship Trust's EIN?

Grace G Thornton Uta Scholarship Trust's EIN (Employer Identification Number) is 75-6084824. IRS Form 990 filing data is available on this page for 2020–2024.