John C & Nettie V David Memorial Trust
John C & Nettie V David Memorial Trust is a private foundation, based in Edina, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.1M in total assets. In 2025, it awarded 1 grant totaling $210K. Net investment income was $86K.
John C & Nettie V David Memorial Trust at a glance
In short: John C & Nettie V David Memorial Trust gave $210K across 1 grant in 2025 (avg $210K), mostly in Nebraska. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $210,000
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $210,000
- +0.0% vs 2024
- Median grant
- $210,000
- Total assets
- $3,083,242
- -4.0% vs 2024
- Primary geography
- Nebraska (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who John C & Nettie V David Memorial Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Univ of Nebraska Foundation ($210K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How John C & Nettie V David Memorial Trust gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 157% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $210K (2020) to $210K (2025). In 2025 it made 1 grant totaling $210K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Univ of Nebraska Foundation Lincoln, NE | Cancer Research/Education | $210,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,083,242 | $111,951 | $240,793 | $210,000 | 1 | $217,640 | $86,077 | $139,035 |
| 2024 | $3,212,084 | $118,484 | $282,195 | $210,000 | 1 | $218,412 | $88,134 | $146,337 |
| 2023 | $3,339,400 | $118,766 | $249,312 | $210,000 | 1 | $219,320 | $86,422 | $152,757 |
| 2022 | $3,469,946 | $199,417 | $253,643 | $210,000 | 1 | $220,919 | $167,698 | $172,326 |
| 2021 | $3,527,045 | $88,230 | $251,113 | $210,000 | 1 | — | $66,579 | $153,504 |
| 2020 | $3,693,370 | $90,797 | $247,584 | $210,000 | 1 | — | $74,843 | $154,379 |
Under IRS private-foundation payout rules, John C & Nettie V David Memorial Trust reported a distributable amount of $139K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
John C & Nettie V David Memorial Trust's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.
Officers on the 2025 filing
Eric J. Lindstrom
Trustee
On filings since 2020
15 hrs/week
$20K (2020) → $19K (2025)
Ernest A. Lindstrom
Trustee
On filings since 2020
5 hrs/week
$5K (2020) → $5K (2025)
Data from IRS Form 990 filings, 2020–2025. "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
The highest reported compensation on the 2025 filing was $19K, to Eric J Lindstrom (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about John C & Nettie V David Memorial Trust
How much does John C & Nettie V David Memorial Trust give each year?
John C & Nettie V David Memorial Trust gave $210K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $210K across 1 grant.
How large is John C & Nettie V David Memorial Trust?
John C & Nettie V David Memorial Trust reported $3.1M in total assets on its 2025 IRS Form 990-PF. It paid out $218K in qualifying distributions that year, against a required minimum of $139K (roughly 5% of its investment assets).
Where does John C & Nettie V David Memorial Trust operate?
John C & Nettie V David Memorial Trust has awarded grants in Nebraska.
What is John C & Nettie V David Memorial Trust's EIN?
John C & Nettie V David Memorial Trust's EIN (Employer Identification Number) is 51-0159851. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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