J F Preston Charitable Trust
J F Preston Charitable Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.2M in total assets. In 2025, it awarded 3 grants totaling $147K. Net investment income was $314K.
J F Preston Charitable Trust at a glance
In short: J F Preston Charitable Trust gave $147K across 3 grants in 2025 (avg $49K), mostly in Maine. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $147,044
- +3.0% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $49,015
- +3.0% vs 2024
- Median grant
- $29,409
- Total assets
- $3,205,301
- +4.4% vs 2024
- Primary geography
- Maine (60% 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 J F Preston Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Bowdoin College ($88K). Together the top 3 received $147K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 10 grants of 15 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How J F Preston Charitable Trust gives
- Giving held roughly steady from 2022 to 2025 (+1%). Method
- In 2025 it paid out 95% 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 2019 to 2025, annual grant giving ranged from $98K (2019) to $182K (2020). In 2025 it made 3 grants totaling $147K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bowdoin College Brunswick, ME | Unrestricted General | $88,226 |
| Shriners' Hospitals for Children Tampa, FL | Unrestricted General | $29,409 |
| The Miriam Hospital Foundation Providence, RI | Unrestricted General | $29,409 |
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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 | $3,205,301 | $344,450 | $211,343 | $147,044 | 3 | $174,985 | $313,878 | $184,964 |
| 2024 | $3,071,200 | $323,731 | $188,856 | $142,791 | 3 | $159,313 | $292,011 | $173,154 |
| 2023 | $2,939,635 | $113,695 | $187,269 | $116,960 | 3 | $161,516 | $69,948 | $158,082 |
| 2022 | $3,014,317 | $-72,913 | $212,925 | $146,309 | 3 | $162,861 | $36,146 | $161,931 |
| 2021 | $3,299,699 | $686,715 | $213,960 | $161,270 | 3 | $183,312 | $655,457 | $181,425 |
| 2020 | $2,823,555 | $239,420 | $232,668 | $182,171 | 3 | — | $215,347 | $157,303 |
| 2019 | $2,816,796 | $190,262 | $145,993 | $98,303 | 2 | — | $174,721 | $152,536 |
Under IRS private-foundation payout rules, J F Preston Charitable Trust reported a distributable amount of $185K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
J F Preston Charitable Trust's only listed officer is Bank Of America, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2019
1 hr/week
$33K (2019) → $41K (2025)
Data from IRS Form 990 filings, 2019–2025. "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 $41K, to Bank of America (Trustee).
Frequently asked questions about J F Preston Charitable Trust
How much does J F Preston Charitable Trust give each year?
J F Preston Charitable Trust gave $147K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $143K across 3 grants.
What is J F Preston Charitable Trust's typical grant size?
J F Preston Charitable Trust's median grant in 2025 was $29,409, and its average grant was $49,015, across 3 grants on its 2025 IRS Form 990-PF.
Where does J F Preston Charitable Trust give grants?
J F Preston Charitable Trust gives mostly in Maine: 60% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Florida (20%) and Rhode Island (20%).
Does J F Preston Charitable Trust give general operating support?
Yes: 100% of J F Preston Charitable Trust's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is J F Preston Charitable Trust?
J F Preston Charitable Trust reported $3.2M in total assets on its 2025 IRS Form 990-PF. It paid out $175K in qualifying distributions that year, against a required minimum of $185K (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 J F Preston Charitable Trust's EIN?
J F Preston Charitable Trust's EIN (Employer Identification Number) is 05-6007859. IRS Form 990 filing data is available on this page for 2019–2025.
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 2024 (received by the IRS May 2, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 8, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 30, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 1, 2024)
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