Irene J Allman Charitable Trust - RBC Trust

Private foundation · Grantmaker Wilmington, DE EIN: 87-6796113

Irene J Allman Charitable Trust - RBC Trust is a private foundation, based in Wilmington, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $14.0M in total assets. In 2024, it awarded 4 grants totaling $644K. Net investment income was $663K.

Key facts about Irene J Allman Charitable Trust - RBC Trust

In short: Irene J Allman Charitable Trust - RBC Trust gave $644K across 4 grants in 2024 (avg $161K), mostly in Illinois. Source: 2024 IRS Form 990-PF.

EIN
87-6796113
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$644,272
Grants made (2024)
4
Average grant
$161,068
Median grant
$161,068
Total assets
$14,015,646
Primary geography
Illinois (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$14.0M

-1.4% YoY

Annual Giving

$644K

+38.1% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$161K

+38.1% YoY

Under IRS private-foundation payout rules, Irene J Allman Charitable Trust - RBC Trust reported a distributable amount of $749K for 2024 — the minimum it must pay out in qualifying distributions.

How Irene J Allman Charitable Trust - RBC Trust gives

  • Giving grew 290% from 2021 to 2024. Method
  • In 2024 it paid out 92% 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 2024 grant dollars across all 4 itemized grants.

States

Cities

ChicagoDes PlainesUrbana

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K4 grants2021 4 grants2022 4 grants2023 4 grants2024

From 2021 to 2024, annual grant giving ranged from $165K (2021) to $644K (2024). In 2024 it made 4 grants totaling $644K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Sisters of the Holy Family of Nazareth: $161KSisters of the Holy Family ofNazareth$161KSaint Xavier University: $161KSaint Xavier University$161KAnn and Robert H Lurie Childrens: $161KAnn and Robert H LurieChildrens$161KUniversity of Illinois Foundation: $161KUniversity of IllinoisFoundation$161K

The largest 2024 recipient was Sisters of the Holy Family of Nazareth ($161K). Together the top 4 received $644K.

Grant Size Distribution

16 grants across all recorded years

8<$50K$50–100K8$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 16 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Sisters of the Holy Family of Nazareth Des Plaines, ILUnrestricted Gift$161,068
Saint Xavier University Chicago, ILUnrestricted Gift$161,068
Ann and Robert H Lurie Childrens Chicago, ILUnrestricted Gift$161,068
University of Illinois Foundation Urbana, ILUnrestricted Gift$161,068

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$20M2021 2022 2023 2024
Metric202420232022
Total Assets$14,015,646$14,213,139$15,135,333
Revenue$819,995$-109,541$439,621
Expenses$854,421$711,734$429,616
Qualifying Distributions$688,644$511,565$209,543
Net Investment Income$663,099$268,172$188,701
Distributable Amount$748,638$689,158$707,661

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Irene J Allman Charitable Trust - RBC Trust's 2024 filing lists 2 officers; 1 of 2 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • RBC Trust Company

    Trustee

    On filings since 2021

    1 hr/week

    $82K (2022) → $88K (2024)

  • Martin Cohn

    Co-Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

RBC Trust Company — Trustee: $88KRBC Trust CompanyTrustee$88K

The highest reported compensation on the 2024 filing was $88K, to RBC Trust Company (Trustee).

Frequently asked questions about Irene J Allman Charitable Trust - RBC Trust

How much does Irene J Allman Charitable Trust - RBC Trust give each year?

Irene J Allman Charitable Trust - RBC Trust gave $644K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $467K across 4 grants.

What is Irene J Allman Charitable Trust - RBC Trust's typical grant size?

Irene J Allman Charitable Trust - RBC Trust's median grant in 2024 was $161,068, and its average grant was $161,068, across 4 grants on its 2024 IRS Form 990-PF.

Where does Irene J Allman Charitable Trust - RBC Trust give grants?

Irene J Allman Charitable Trust - RBC Trust gives mostly in Illinois: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chicago, IL (2 grants).

Does Irene J Allman Charitable Trust - RBC Trust give general operating support?

Yes: 100% of Irene J Allman Charitable Trust - RBC Trust's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Irene J Allman Charitable Trust - RBC Trust?

Irene J Allman Charitable Trust - RBC Trust reported $14.0M in total assets on its 2024 IRS Form 990-PF. It paid out $689K in qualifying distributions that year, against a required minimum of $749K (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 Irene J Allman Charitable Trust - RBC Trust's EIN?

Irene J Allman Charitable Trust - RBC Trust's EIN (Employer Identification Number) is 87-6796113. IRS Form 990 filing data is available on this page for 2021–2024.

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

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