Jennie Sears Mcshane Trust

DALLAS, TX EIN: 04-6009247

Jennie Sears Mcshane Trust is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 1 grants totaling $84K. Net investment income was $40K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+0.3% YoY

Annual Giving

$84K

+30.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$84K

+30.3% YoY

Under IRS private-foundation payout rules, Jennie Sears Mcshane Trust reported a distributable amount of $97K for 2024 — the minimum it must pay out in qualifying distributions.

About Jennie Sears Mcshane Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $403K (100%)

States

Massachusetts

Cities

Hyannis

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,665,217	$1,659,984	$1,736,901
Revenue	$63,666	$-6,992	$327,469
Expenses	$114,917	$100,688	$137,470
Qualifying Distributions	$95,490	$75,259	$116,652
Net Investment Income	$39,826	$19,210	$305,178
Distributable Amount	$97,467	$89,981	$96,096

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cape Cod Hospital ($83,569).

Recipient	Purpose	Amount
CAPE COD HOSPITAL HYANNIS, MA	UNRESTRICTED GENERAL	$83,569

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$27,466

Frequently Asked Questions

How large is Jennie Sears Mcshane Trust?

As of 2024, Jennie Sears Mcshane Trust holds $1.7M in total assets with $64K in annual revenue. It awarded 1 grants totaling $84K in 2024.

Where does Jennie Sears Mcshane Trust operate?

Jennie Sears Mcshane Trust has awarded grants in Massachusetts.

What size grants does Jennie Sears Mcshane Trust award?

In 2024, Jennie Sears Mcshane Trust awarded 1 grants totaling $84K — an average of about $84K per grant, based on its IRS Form 990 filings.

How much is Jennie Sears Mcshane Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jennie Sears Mcshane Trust reported a distributable amount of $97K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.