Holley - Franklin Medical Research Trust

Private foundation · Grantmaker Dallas, TX EIN: 75-6048242

Holley - Franklin Medical Research Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $625K in total assets. In 2025, it made $5K in qualifying distributions. Net investment income was $49K.

Holley - Franklin Medical Research Trust at a glance

Total assets
$624,569
+7.6% vs 2024
Revenue (2025)
$56,968
+199.3% vs 2024
Qualifying distributions (2025)
$4,553
-84.4% vs 2024
Expenses (2025)
$12,982
-64.2% vs 2024
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Holley - Franklin Medical Research Trust funds

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Dallas

How Holley - Franklin Medical Research Trust gives

  • Giving held roughly steady from 2021 to 2024 (−4%). Method
  • In 2025 it paid out 13% 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

$0$10K$20K$30K$40K1 grant2021 1 grant2022 1 grant2023 1 grant2024 0 grants2025

From 2021 to 2024, annual grant giving ranged from $25K (2024) to $32K (2022). In 2024 it made 1 grant totaling $25K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Southwestern Medical Foundation Dallas, TXSupport for Medical$25,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$624,569$56,968$12,982——$4,553$48,648$35,278
2024$580,200$19,034$36,284$25,0001$29,212$10,418$32,819
2023$580,663$-2,755$43,318$30,0001$34,005$6,575$30,812
2022$614,455$115,481$44,336$32,0001$36,516$107,426$33,396
2021$640,113$39,489$38,992$26,0001—$32,105$35,399

Under IRS private-foundation payout rules, Holley - Franklin Medical Research Trust reported a distributable amount of $35K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Holley - Franklin Medical Research Trust's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2022

    1 hr/week

    $10K (2022) → $10K (2025)

Former officers (1)
  • Former: Bank Of America N A (2021) — Trustee

Data from IRS Form 990 filings, 2021–2025. "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

Bank of America — Trustee: $10KBank of AmericaTrustee$10K

The highest reported compensation on the 2025 filing was $10K, to Bank of America (Trustee).

Frequently asked questions about Holley - Franklin Medical Research Trust

How large is Holley - Franklin Medical Research Trust?

Holley - Franklin Medical Research Trust reported $625K in total assets on its 2025 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $35K (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.

Where does Holley - Franklin Medical Research Trust operate?

Holley - Franklin Medical Research Trust has awarded grants in Texas.

What is Holley - Franklin Medical Research Trust's EIN?

Holley - Franklin Medical Research Trust's EIN (Employer Identification Number) is 75-6048242. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Holley - Franklin Medical Research Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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