Jerome L Ablon Scholarship Trust - RBC Trust

Private foundation · Grantmaker Wilmington, DE EIN: 92-6457051

Jerome L Ablon Scholarship Trust - RBC Trust is a private foundation, based in Wilmington, DE. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 1 grant totaling $116K. Net investment income was $6K.

Key facts about Jerome L Ablon Scholarship Trust - RBC Trust

In short: Jerome L Ablon Scholarship Trust - RBC Trust gave $116K across 1 grant in 2024 (avg $116K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
92-6457051
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$116,236
Grants made (2024)
1
Average grant
$116,236
Median grant
$116,236
Total assets
$2,139,971
Primary geography
New York (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

-4.9% YoY

Annual Giving

$116K

-73.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$116K

-73.3% YoY

Under IRS private-foundation payout rules, Jerome L Ablon Scholarship Trust - RBC Trust reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.

How Jerome L Ablon Scholarship Trust - RBC Trust gives

  • In 2024 it paid out 108% of its IRS minimum distribution (the 5% rule). 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 the 2024 grant dollars on its one itemized grant.

States

Cities

New York

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2023 1 grant2024

From 2023 to 2024, annual grant giving ranged from $116K (2024) to $436K (2023). In 2024 it made 1 grant totaling $116K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

The Cooper Union for the Advancement of Science and Art: $116KThe Cooper Union for theAdvancement of Science and Art$116K

The largest 2024 recipient was The Cooper Union for the Advancement of Science and Art ($116K).

Grant Size Distribution

2 grants across all recorded years

<$50K$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 1 grant of 2 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Cooper Union for the Advancement of Science and Art New York, NYUnrestricted Gift$116,236

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2023 2024
Metric20242023
Total Assets$2,139,971$2,250,836
Revenue$86,480$2,638,153
Expenses$168,960$474,788
Qualifying Distributions$122,329$439,729
Net Investment Income$5,506—
Distributable Amount$113,034$93,841

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 27, 2024)
  2. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
  3. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

Jerome L Ablon Scholarship Trust - RBC Trust's only listed officer is RBC Trust Company LTD, Trustee on every filing since 2023 (compensated).

Officers on the 2024 filing

  • RBC Trust Company LTD

    Trustee

    On filings since 2023

    $8K (2023) → $11K (2024)

Data from IRS Form 990 filings, 2023–2024. "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 (Delaware) Ltd — Trustee: $11KRBC Trust Company…Trustee$11K

The highest reported compensation on the 2024 filing was $11K, to RBC Trust Company (Delaware) Ltd (Trustee).

Frequently asked questions about Jerome L Ablon Scholarship Trust - RBC Trust

How much does Jerome L Ablon Scholarship Trust - RBC Trust give each year?

Jerome L Ablon Scholarship Trust - RBC Trust gave $116K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $436K across 1 grant.

How large is Jerome L Ablon Scholarship Trust - RBC Trust?

Jerome L Ablon Scholarship Trust - RBC Trust reported $2.1M in total assets on its 2024 IRS Form 990-PF. It paid out $122K in qualifying distributions that year, against a required minimum of $113K (roughly 5% of its investment assets).

Where does Jerome L Ablon Scholarship Trust - RBC Trust operate?

Jerome L Ablon Scholarship Trust - RBC Trust has awarded grants in New York.

What is Jerome L Ablon Scholarship Trust - RBC Trust's EIN?

Jerome L Ablon Scholarship Trust - RBC Trust's EIN (Employer Identification Number) is 92-6457051. IRS Form 990 filing data is available on this page for 2023–2024.

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

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