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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.5M
+1.0% YoY
Annual Giving
$552K
-1.2% YoY
Grant Count
40
-4.8% YoY
Avg Grant Size
$14K
+3.7% YoY
Under IRS private-foundation payout rules, J Tom Eady Charitable Trust reported a distributable amount of $624K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The trust provides giving primarily for:
- Arts and arts access
- Education
- Youth and social services
- Community development
- Scholarships for qualified students
Scholarship Program
The trust awards scholarships to selected students to help cover the cost of education beyond high school. Applicants must meet the following criteria:
- Current year graduate of a Navarro County, Texas high school
- Accepted into an accredited college, university, or technical college
- Minimum SAT score of 1,000 (math and reading portions only) or ACT minimum score of 21
Grantmaking
According to available records from 2020–2023:
Grant Range
s and Activity
Average Grant
** $13,000–$14,000
Review Cycle
** None for scholarships; see attached application
How to Apply
**Requirements:**
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Geographic Focus
Where this funder awards grants
Grantmaking is concentrated in Texas, with particular focus on Navarro County and the Corsicana area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $8,517,896
- Total revenues: $713,272
- Total expenses: $625,733
- Investment income and dividends: $301,387
- Net gain from sale of non-inventory assets: $411,831
Historical assets: $8.5 million (consistent across recent years)
Annual income: $1.2 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,517,896 | $8,430,357 | $8,450,825 |
| Revenue | $713,272 | $608,760 | $815,091 |
| Expenses | $625,733 | $629,228 | $683,149 |
| Qualifying Distributions | $559,626 | $565,724 | $618,486 |
| Net Investment Income | $654,744 | $545,256 | $763,260 |
| Distributable Amount | $624,461 | $558,611 | $561,564 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
218 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Corsicana Ymca ($85,000), First Methodist Church ($67,250), Navarro College Foundations ($55,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALEJANDRO TAMEZ CORSICANA, TX | SCHOLARSHIP | $2,500 |
| FAUSTINO RODRIQUEZ KERENS, TX | SCHOLARSHIP | $5,000 |
| GENTRY ROGERS FROST, TX | SCHOLARSHIP | $2,500 |
| KAMRYN BROWN CORSICANA, TX | SCHOLARSHIP | $5,000 |
| SHAHRUKH AHMED CORSICANA, TX | SCHOLARSHIP | $2,500 |
| COURTNEY BOTKIN CORSICANA, TX | SCHOLARSHIP | $5,000 |
| LESLI GARCIA KERENS, TX | SCHOLARSHIP | $1,250 |
| EMMA HADEN CORSICANA, TX | SCHOLARSHIP | $5,000 |
| EMILY GRAY RICE, TX | SCHOLARSHIP | $7,500 |
| EMMA CARPENTER CORSICANA, TX | SCHOLARSHIP | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does J Tom Eady Charitable Trust fund?
The trust provides giving primarily for: • Arts and arts access • Education • Youth and social services • Community development • Scholarships for qualified students The trust awards scholarships to selected students to help cover the cost of education beyond high school. Applicants must meet the following criteria: • Current year graduate of a Navarro County, Texas high school • Accepted into an accredited college, university, or technical college • Minimum SAT score of 1,000 (math and reading…
How do I apply for a grant from J Tom Eady Charitable Trust?
• **Median grant:** $5,000 • **Average grant:** $13,000–$14,000 • **Grant range:** $500–$123,000 • **Smallest recent grant:** $1,000 According to available records from 2020–2023: • **Total grants made:** 178 grants totaling $2.2 million • **Unique organizations supported:** 73 • **Annual distribution range:** $530,000–$609,000 • **Highest activity:** 2022 with $609,000 distributed across 45 grants • **Most recent year (2024):** $552,115 in total giving Notable 2024 grants include: • YMCA of Co…
Where does J Tom Eady Charitable Trust make grants?
Grantmaking is concentrated in Texas, with particular focus on Navarro County and the Corsicana area.
What size grants does J Tom Eady Charitable Trust award?
In 2024, J Tom Eady Charitable Trust awarded 40 grants totaling $552K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is J Tom Eady Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, J Tom Eady Charitable Trust reported a distributable amount of $624K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is J Tom Eady Charitable Trust's EIN?
J Tom Eady Charitable Trust's EIN (Employer Identification Number) is 75-6604134. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in J Tom Eady Charitable Trust's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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