Howard & Barbara Fales Scholar

Private foundation · Grantmaker Dallas, TX EIN: 56-6648213

Howard & Barbara Fales Scholar is a private foundation, based in Dallas, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 1 grant totaling $63K. Net investment income was $132K.

Key facts about Howard & Barbara Fales Scholar

In short: Howard & Barbara Fales Scholar gave $63K across 1 grant in 2025 (avg $63K), mostly in Rhode Island. Source: 2025 IRS Form 990-PF.

EIN
56-6648213
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$63,279
Grants made (2025)
1
Average grant
$63,279
Median grant
$63,279
Total assets
$1,384,994
Primary geography
Rhode Island (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.4M

+4.4% YoY

Annual Giving

$63K

+6.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$63K

+6.2% YoY

Under IRS private-foundation payout rules, Howard & Barbara Fales Scholar reported a distributable amount of $78K for 2025 — the minimum it must pay out in qualifying distributions.

How Howard & Barbara Fales Scholar gives

  • Giving held roughly steady from 2022 to 2025 (−13%). Method
  • In 2025 it paid out 94% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Providence

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $49K (2023) to $73K (2022). In 2025 it made 1 grant totaling $63K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Brown University: $63KBrown University$63K

The largest 2025 recipient was Brown University ($63K).

Grant Size Distribution

5 grants across all recorded years

1<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Brown University Providence, RIScholarships$63,279

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,384,994$1,326,621$1,279,771
Revenue$149,361$54,832$-10,949
Expenses$89,972$83,508$75,939
Qualifying Distributions$72,820$68,534$57,004
Net Investment Income$131,665$36,662$15,491
Distributable Amount$77,762$74,419$67,026

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS January 27, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS December 21, 2022)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS December 21, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS December 17, 2024)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS January 31, 2026)
  6. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Howard & Barbara Fales Scholar'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

    $20K (2022) → $23K (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: $23KBank of AmericaTrustee$23K

The highest reported compensation on the 2025 filing was $23K, to Bank of America (Trustee).

Frequently asked questions about Howard & Barbara Fales Scholar

How much does Howard & Barbara Fales Scholar give each year?

Howard & Barbara Fales Scholar gave $63K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $60K across 1 grant.

How large is Howard & Barbara Fales Scholar?

Howard & Barbara Fales Scholar reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $73K in qualifying distributions that year, against a required minimum of $78K (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 Howard & Barbara Fales Scholar operate?

Howard & Barbara Fales Scholar has awarded grants in Rhode Island.

What is Howard & Barbara Fales Scholar's EIN?

Howard & Barbara Fales Scholar's EIN (Employer Identification Number) is 56-6648213. 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.

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