Jim and Carol Gaskill Memorial Tr

Foundation · Grantmaker Joplin, MO EIN: 85-1730058

Jim and Carol Gaskill Memorial Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Joplin, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 21 grants totaling $132K. Net investment income was $119K.

Key facts about Jim and Carol Gaskill Memorial Tr

EIN: 85-1730058
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $132,000
Grants made (2024): 21
Average grant: $6,286
Median grant: $2,500
New grantees (estimate): 33% first-time grantees (7 of 21, 2024)
Total assets: $3,026,086
Primary geography: Missouri (85% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Jim and Carol Gaskill Memorial Tr funds

By grant dollars, the top recipient states for Jim and Carol Gaskill Memorial Tr's 21 itemized 2024 grants were Missouri (85%) and Kansas (15%). The most frequent recipient cities were Joplin, MO (12 grants) and Webb City, MO (7 grants). None of its 21 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable Contribution" (19 grants).

Is Jim and Carol Gaskill Memorial Tr open to new grantees?

33%

first-time grantees, 2024

In 2024, 7 of 21 grantees (33%) were first-time recipients. First grants averaged $6K; repeat grants $7K. How we count

Medians: $3K first-time, $5K repeat.

52% of 2024 grantees were also funded in 2023. Method
Giving fell 49% from 2021 to 2024. Method
In 2024 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Jim and Carol Gaskill Memorial Tr

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.0M

-0.6% YoY

Annual Giving

$132K

-14.8% YoY

Grant Count

+31.3% YoY

Avg Grant Size

$6K

-35.1% YoY

Under IRS private-foundation payout rules, Jim and Carol Gaskill Memorial Tr reported a distributable amount of $157K for 2024 — the minimum it must pay out in qualifying distributions.

About Jim and Carol Gaskill Memorial Tr

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Missouri $112K (85%)

Kansas $20K (15%)

Share of all 21 itemized 2024 grant dollars.

States

Arkansas Kansas Missouri

Cities

JoplinWebb CityCarthagePittsburgSpringfieldFayettevilleNeosho

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,026,086	$3,045,551	$3,076,545
Revenue	$188,446	$186,718	$180,622
Expenses	$201,648	$223,193	$238,276
Qualifying Distributions	$132,000	$155,000	$170,000
Net Investment Income	$119,327	$121,208	$112,346
Distributable Amount	$157,188	$154,384	$155,852

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

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

76 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Pitt State University Foundation ($20,000), Salvation Army ($17,500), Webb City R-7 Schools Foundation ($15,000).

Recipient	Purpose	Amount
PITT STATE UNIVERSITY FOUNDATION Pittsburg, KS	CHARITABLE CONTRIBUTION	$20,000
SALVATION ARMY Joplin, MO	CHARITABLE CONTRIBUTION	$17,500
WEBB CITY R-7 SCHOOLS FOUNDATION Webb City, MO	CHARITABLE CONTRIBUTION	$15,000
FIRST BAPTIST CHURCH OF WEBB CITY Webb City, MO	CHARITABLE CONTRIBUTION	$10,000
MISSOURI SOUTHERN FOUNDATION Joplin, MO	CHARITABLE CONTRIBUTION	$10,000
JOPLIN AREA CATHOLIC SCHOOLS Joplin, MO	CHARTIBLE CONTRIBUTION	$10,000
ST PETERS CATHOLIC SCHOOL Joplin, MO	CHARTIBLE CONTRIBUTION	$10,000
PETERSON OUTDOOR MINISTRIES Webb City, MO	CHARITABLE CONTRIBUTION	$5,000
SUNSHINE CHILDREN'S HOME Carthage, MO	CHARITABLE CONTRIBUTION	$5,000
JOPLIN HUMANE SOCIETY Joplin, MO	CHARITABLE CONTRIBUTION	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Southwest Missouri Bank	Trustee	—	$16,104
Jason Gaskill	Director	—	—
Debra Gaskill	Director	—	$16,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Jim and Carol Gaskill Memorial Tr?

Jim and Carol Gaskill Memorial Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Joplin, MO. It holds $3.0M in total assets as of 2024.

How large is Jim and Carol Gaskill Memorial Tr?

As of 2024, Jim and Carol Gaskill Memorial Tr holds $3.0M in total assets with $188K in annual revenue. It awarded 21 grants totaling $132K in 2024.

Where does Jim and Carol Gaskill Memorial Tr operate?

Jim and Carol Gaskill Memorial Tr has awarded grants in Arkansas, Kansas, Missouri.

What size grants does Jim and Carol Gaskill Memorial Tr award?

In 2024, Jim and Carol Gaskill Memorial Tr awarded 21 grants totaling $132K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Jim and Carol Gaskill Memorial Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jim and Carol Gaskill Memorial Tr reported a distributable amount of $157K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jim and Carol Gaskill Memorial Tr's EIN?

Jim and Carol Gaskill Memorial Tr's EIN (Employer Identification Number) is 85-1730058. IRS Form 990 filing data is available on this page for 2020–2024.