Herbert Fales Educational Trust
Herbert Fales Educational Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $871K in total assets. In 2025, it awarded 7 grants totaling $42K. Net investment income was $83K.
Herbert Fales Educational Trust at a glance
In short: Herbert Fales Educational Trust gave $42K across 7 grants in 2025 (avg $6K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $42,000
- +0.0% vs 2024
- Grants made (2025)
- 7
- +75.0% vs 2024
- Average grant
- $6,000
- -42.9% vs 2024
- Median grant
- $6,000
- Total assets
- $870,819
- +3.8% vs 2024
- Primary geography
- Massachusetts (71% 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 Herbert Fales Educational Trust funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was University of Massachusetts at Amherst ($10K). Together the top 7 received $42K.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 26 grants of 26 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
Cities
How Herbert Fales Educational Trust gives
- Giving held roughly steady from 2022 to 2025 (−16%). Method
- In 2025 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2020 to 2025, annual grant giving ranged from $34K (2020) to $50K (2022). In 2025 it made 7 grants totaling $42K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Massachusetts at Amherst Amherst, MA | Scholarships | $10,000 |
| University of New Hampshire Durham, NH | Scholarships | $8,000 |
| Worcester Polytechnic Institute Worcester, MA | Scholarships | $8,000 |
| Brandeis University Waltham, MA | Scholarships | $6,000 |
| Northeastern University Boston, MA | Scholarships | $4,000 |
| University of Rhode Island Kingston, RI | Scholarships | $4,000 |
| Williams College Williamstown, MA | Scholarships | $2,000 |
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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 | $870,819 | $93,623 | $62,336 | $42,000 | 7 | $49,942 | $82,689 | $50,626 |
| 2024 | $839,290 | $85,387 | $60,297 | $42,000 | 4 | $49,540 | $74,177 | $47,806 |
| 2023 | $815,075 | $29,992 | $51,161 | $35,000 | 3 | $41,836 | $18,020 | $48,853 |
| 2022 | $831,536 | $-21,592 | $71,071 | $50,000 | 6 | $57,153 | $7,226 | $44,896 |
| 2021 | $924,137 | $192,732 | $57,867 | $37,500 | 6 | $45,600 | $180,810 | $50,631 |
| 2020 | $788,255 | $68,847 | $49,663 | $34,000 | 6 | — | $59,481 | $43,320 |
Under IRS private-foundation payout rules, Herbert Fales Educational Trust reported a distributable amount of $51K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Herbert Fales Educational Trust's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2021
1 hr/week
$15K (2021) → $15K (2025)
Former officers (1)
- Former: Bank Of America N A (2020) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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 Bank of America (Trustee).
Frequently asked questions about Herbert Fales Educational Trust
How much does Herbert Fales Educational Trust give each year?
Herbert Fales Educational Trust gave $42K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $42K across 4 grants.
What is Herbert Fales Educational Trust's typical grant size?
Herbert Fales Educational Trust's median grant in 2025 was $6,000, and its average grant was $6,000, across 7 grants on its 2025 IRS Form 990-PF.
Where does Herbert Fales Educational Trust give grants?
Herbert Fales Educational Trust gives mostly in Massachusetts: 71% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New Hampshire (19%) and Rhode Island (10%).
Does Herbert Fales Educational Trust give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on Herbert Fales Educational Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (7 grants).
Who are Herbert Fales Educational Trust's largest grantees?
Herbert Fales Educational Trust's largest 2025 grantees include University of Massachusetts at Amherst ($10,000), University of New Hampshire ($8,000) and Worcester Polytechnic Institute ($8,000), according to its 2025 IRS Form 990-PF. Together they received 62% of its itemized 2025 grant dollars.
How large is Herbert Fales Educational Trust?
Herbert Fales Educational Trust reported $871K in total assets on its 2025 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Herbert Fales Educational Trust's EIN?
Herbert Fales Educational Trust's EIN (Employer Identification Number) is 04-6044998. IRS Form 990 filing data is available on this page for 2020–2025.
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 2020 (received by the IRS March 31, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 20, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
- IRS filings on file for fiscal years 2020–2025
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