John B Rust Charity Trust

Private foundation · Grantmaker Dallas, TX EIN: 44-6008516

John B Rust Charity Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 2 grants totaling $50K. Net investment income was $106K.

Key facts about John B Rust Charity Trust

In short: John B Rust Charity Trust gave $50K across 2 grants in 2025 (avg $25K), mostly in Missouri. Source: 2025 IRS Form 990-PF.

EIN
44-6008516
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$50,000
Grants made (2025)
2
Average grant
$25,000
Median grant
$25,000
Total assets
$1,087,144
Primary geography
Missouri (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.1M

+4.1% YoY

Annual Giving

$50K

+11.1% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$25K

+11.1% YoY

Under IRS private-foundation payout rules, John B Rust Charity Trust reported a distributable amount of $64K for 2025 — the minimum it must pay out in qualifying distributions.

How John B Rust Charity Trust gives

  • Giving held roughly steady from 2022 to 2025 (−4%). Method
  • In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

2states

Share of all 2 itemized 2025 grant dollars.

Cities

Kansas CityLibertyGladstoneGrandviewShawnee MissionSpringfield

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K2 grants20192 grants20201 grants20211 grants20222 grants20232 grants20242 grants2025

From 2019 to 2025, annual grant giving ranged from $43K (2020) to $52K (2022). In 2025 it made 2 grants totaling $50K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Happybottoms: $35KHappybottoms$35KHillcrest Ministries: $15KHillcrest Ministries$15K

The largest 2025 recipient was Happybottoms ($35K). Together the top 2 received $50K.

Grant Size Distribution

8 grants across all recorded years

7<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 8 (88%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Happybottoms Kansas City, MOUnrestricted General$35,000
Hillcrest Ministries Liberty, MOYouth Transitional Living$15,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2019202020212022202320242025
Metric202520242023
Total Assets$1,087,144$1,043,939$1,007,715
Revenue$119,521$106,263$38,924
Expenses$76,657$69,017$69,415
Qualifying Distributions$61,219$55,597$57,699
Net Investment Income$105,898$92,338$23,931
Distributable Amount$63,767$60,017$55,606

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 2, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 31, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 22, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 11, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 24, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 3, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

John B Rust Charity Trust's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2021

    1 hr/week

    $19K (2021) → $18K (2025)

Former officers (1)
  • Former: Bank Of America N A (2019–2020) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America — Trustee: $18KBank of AmericaTrustee$18K

The highest reported compensation on the 2025 filing was $18K, to Bank of America (Trustee).

Frequently asked questions about John B Rust Charity Trust

How much does John B Rust Charity Trust give each year?

John B Rust Charity Trust gave $50K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $45K across 2 grants.

How large is John B Rust Charity Trust?

John B Rust Charity Trust reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $61K in qualifying distributions that year, against a required minimum of $64K (roughly 5% of its investment assets).

Where does John B Rust Charity Trust operate?

John B Rust Charity Trust has awarded grants in Kansas, Missouri.

What is John B Rust Charity Trust's EIN?

John B Rust Charity Trust's EIN (Employer Identification Number) is 44-6008516. IRS Form 990 filing data is available on this page for 2019–2025.

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

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