J M Ragen Jr Memorial Trust
J M Ragen Jr Memorial Trust is a private foundation based in Eagan, Minnesota. It makes contributions to preselected charitable organizations; its 2025 filing states that it does not accept unsolicited requests for funds.
J M Ragen Jr Memorial Trust at a glance
In short: J M Ragen Jr Memorial Trust gave $130K across 21 grants in 2025 (avg $6K), top state Illinois. 43% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $130,033
- +5.3% vs 2024
- Grants made (2025)
- 21
- +5.0% vs 2024
- Average grant
- $6,192
- +0.3% vs 2024
- Median grant
- $5,000
- Total assets
- $2,352,232
- -0.7% vs 2024
- New grantees (estimate)
- 43% first-time grantees (9 of 21, 2025; small sample)
- Primary geography
- Illinois (42% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to J M Ragen Jr Memorial Trust
- Accepts unsolicited proposals
- No
- How to Apply
-
The trust does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: PO Box 64193, Eagan, MN 55164
Phone: (888) 265-7962
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who J M Ragen Jr Memorial Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Fresh Start Ministries ($26K). Together the top 10 received $96K.
Grant Size Distribution
111 grants across all recorded years
The most common grant size was under $50K: 111 grants of 111 (100%).
Geographic Focus
Where this funder awards grants
In 2025, Illinois recipients received 42% of grant dollars, Florida recipients 20%, Indiana recipients 11%, Tennessee recipients 6%, and California recipients 5%.
Grant Distribution by State
Share of 2025 grant dollars across all 21 itemized grants.
States
Cities
Is J M Ragen Jr Memorial Trust open to new grantees?
43%
first-time grantees, 2025
In 2025, 9 of 21 grantees (43%) were first-time recipients. With only 21 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $5K; repeat grants $7K. How we count
Medians: $3K first-time, $6K repeat.
- 48% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−7%). 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
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $124K (2024) to $221K (2023). In 2025 it made 21 grants totaling $130K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fresh Start Ministries Orlando, FL | General Operating | $26,000 |
| St Michaels School Orland Park, IL | General Operating | $10,000 |
| Joliet Catholic Academy Joliet, IL | Scholarship | $10,000 |
| Organic Oneness Chicago, IL | General Operating | $8,667 |
| Preborn Indianapolis, IN | General Operating | $8,666 |
| Good Shepherd Center Madisonville, TN | General Operating | $8,000 |
| St Joseph Hospital Foundation Orange, CA | General Operating | $6,500 |
| Resource Center Conroe, TX | General Operating | $6,500 |
| Children at the Cross Foundation Chicago, IL | General Operating | $6,200 |
| St Malachy School Chicago, IL | Scholarship | $5,667 |
Ready to take the next step with J M Ragen Jr Memorial Trust?
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 | $2,352,232 | $159,028 | $174,711 | $130,033 | 21 | $135,638 | $120,118 | $136,631 |
| 2024 | $2,367,917 | $162,291 | $171,280 | $123,500 | 20 | $129,004 | $124,600 | $130,869 |
| 2023 | $2,376,891 | $230,006 | $262,405 | $221,325 | 25 | $226,642 | $191,448 | $123,742 |
| 2022 | $2,410,373 | $85,907 | $188,797 | $139,999 | 22 | $145,611 | $47,850 | $132,455 |
| 2021 | $2,514,245 | $254,580 | $180,720 | $131,794 | 23 | $137,954 | $210,982 | $156,573 |
| 2020 | $2,440,387 | $78,810 | $181,396 | $137,500 | 24 | — | $40,517 | $148,828 |
Under IRS private-foundation payout rules, J M Ragen Jr Memorial Trust reported a distributable amount of $137K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available information does not state a mission for the trust. Its 2025 grants included general operating support and scholarships. Among its grantees, Organic Oneness says its mission is to bring people together to eliminate racism and create healthy communities in Chicago. To Nizhoni Ani says its mission is to preserve and protect the environment that sustains the traditional cultural lifeways and language of the Diné on Black Mesa, Arizona.
Grantmaking
In filing year 2025, the trust reported 21 grants totaling $130,033. Grant amounts ranged from $2,500 to $26,000, with a median of $5,000.
The largest reported grants included $26,000 to Fresh Start Ministries in Orlando, Florida, for general operating support; $10,000 to St Michaels School in Orland Park, Illinois, for general operating support; and $10,000 to Joliet Catholic Academy in Joliet, Illinois, for scholarships. Other notable grants included $8,667 to Organic Oneness for general operating support, $8,666 to Preborn for general operating support, and $8,000 to Good Shepherd Center for general operating support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists US Bank N A as trustee.
J M Ragen Jr Memorial Trust's only listed officer is US Bank N A, Trustee on filings since 2020 (compensated).
Officers on the 2025 filing
US Bank N A
Trustee
On filings since 2020
1 hr/week
$42K (2020) → $41K (2025)
Former officers (1)
- Former: US Bank NA (2023) — 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 $41K, to US Bank N a (Trustee).
Frequently asked questions about J M Ragen Jr Memorial Trust
How much does J M Ragen Jr Memorial Trust give each year?
J M Ragen Jr Memorial Trust gave $130K across 21 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $124K across 20 grants.
What is J M Ragen Jr Memorial Trust's typical grant size?
J M Ragen Jr Memorial Trust's median grant in 2025 was $5,000, and its average grant was $6,192, across 21 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from J M Ragen Jr Memorial Trust that year got $5K on average.
Where does J M Ragen Jr Memorial Trust give grants?
J M Ragen Jr Memorial Trust's top state is Illinois, with 42% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Florida (20%) and Indiana (11%). The most frequent recipient cities were Chicago, IL (5 grants) and Northbrook, IL (2 grants).
Does J M Ragen Jr Memorial Trust give general operating support?
Yes: 90% of J M Ragen Jr Memorial Trust's 2025 grants with a stated purpose (19 of 21) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are J M Ragen Jr Memorial Trust's largest grantees?
J M Ragen Jr Memorial Trust's largest 2025 grantees include Fresh Start Ministries ($26,000), St Michaels School ($10,000) and Joliet Catholic Academy ($10,000), according to its 2025 IRS Form 990-PF. Together they received 35% of its itemized 2025 grant dollars.
How large is J M Ragen Jr Memorial Trust?
J M Ragen Jr Memorial Trust reported $2.4M in total assets on its 2025 IRS Form 990-PF. It paid out $136K in qualifying distributions that year, against a required minimum of $137K (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 does J M Ragen Jr Memorial Trust fund?
The available information does not state a mission for the trust. Its 2025 grants included general operating support and scholarships. Among its grantees, Organic Oneness says its mission is to bring people together to eliminate racism and create healthy communities in Chicago. See mission & focus areas ↑
How do I apply for a grant from J M Ragen Jr Memorial Trust?
The trust does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is J M Ragen Jr Memorial Trust's EIN?
J M Ragen Jr Memorial Trust's EIN (Employer Identification Number) is 23-7444822. IRS Form 990 filing data is available on this page for 2020–2025.
Does J M Ragen Jr Memorial Trust accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). J M Ragen Jr Memorial Trust funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/j-m-ragen-jr-memorial-trust-morg_944c47e70767403cbdb80da020337a2f
BibTeX
@misc{grantable_237444822_2026,
author = {{Grantable}},
title = {{J M Ragen Jr Memorial Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/j-m-ragen-jr-memorial-trust-morg_944c47e70767403cbdb80da020337a2f},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from J M Ragen Jr Memorial 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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