Joe Menges Trust

DALLAS, TX EIN: 91-1922178

Joe Menges Trust is a private foundation focused on Education, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 1 grants totaling $133K. Net investment income was $243K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+3.8% YoY

Annual Giving

$133K

+37.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$133K

+37.7% YoY

Under IRS private-foundation payout rules, Joe Menges Trust reported a distributable amount of $147K for 2024 — the minimum it must pay out in qualifying distributions.

About Joe Menges Trust

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Iowa $650K (100%)

States

Iowa

Cities

Fayette

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,631,339	$2,534,492	$2,591,857
Revenue	$263,564	$67,257	$-63,932
Expenses	$163,982	$123,575	$207,067
Qualifying Distributions	$145,166	$107,685	$174,582
Net Investment Income	$243,014	$48,748	$32,467
Distributable Amount	$146,641	$133,345	$135,801

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 Upper Iowa University ($132,533).

Recipient	Purpose	Amount
UPPER IOWA UNIVERSITY FAYETTE, IA	UNRESTRICTED GENERAL	$132,533

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	$22,283

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Joe Menges Trust?

Joe Menges Trust is a private foundation focused on Education, based in DALLAS, TX. It holds $2.6M in total assets as of 2024.

How large is Joe Menges Trust?

As of 2024, Joe Menges Trust holds $2.6M in total assets with $264K in annual revenue. It awarded 1 grants totaling $133K in 2024.

Where does Joe Menges Trust operate?

Joe Menges Trust has awarded grants in Iowa.

What size grants does Joe Menges Trust award?

In 2024, Joe Menges Trust awarded 1 grants totaling $133K — an average of about $133K per grant, based on its IRS Form 990 filings.

How much is Joe Menges Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joe Menges Trust reported a distributable amount of $147K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.