John S Carpenter Trust Para 23

Private foundation · Grantmaker Saint Louis, MO EIN: 22-6501059

John S Carpenter Trust Para 23 is a private foundation focused on Education, based in Saint Louis, MO. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $738K in total assets. In 2025, it awarded 8 grants totaling $39K. Net investment income was $61K.

Key facts about John S Carpenter Trust Para 23

In short: John S Carpenter Trust Para 23 gave $39K across 8 grants in 2025 (avg $5K), top state New Jersey. Source: 2025 IRS Form 990-PF.

EIN
22-6501059
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$39,000
Grants made (2025)
8
Average grant
$4,875
Median grant
$4,875
Total assets
$738,425
Primary geography
New Jersey (38% 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

$738K

+1.9% YoY

Annual Giving

$39K

+0.0% YoY

Grant Count

8

+33.3% YoY

Avg Grant Size

$5K

-25.0% YoY

Under IRS private-foundation payout rules, John S Carpenter Trust Para 23 reported a distributable amount of $54K for 2025 — the minimum it must pay out in qualifying distributions.

How John S Carpenter Trust Para 23 gives

  • Giving fell 25% from 2022 to 2025. Method
  • In 2025 it paid out 90% 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

9states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

GlassboroNewarkAtlantaEwingHaverfordAnnandaleonhudsonBethlehemClemsonCollege ParkGallowayMechanicsburgNew BrunswickPenns GrovePottersvilleUnionWashingtonAnnandaleBloomsburgPrincetonSewell

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K8 grants2019 7 grants2020 8 grants2021 8 grants2022 8 grants2023 6 grants2024 8 grants2025

From 2019 to 2025, annual grant giving ranged from $39K (2024) to $52K (2022). In 2025 it made 8 grants totaling $39K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Rowan University: $5KRowan University$5KHaverford College: $5KHaverford College$5KLehigh University: $5KLehigh University$5KThe College of New Jersey: $5KThe College of New Jersey$5KKean University: $5KKean University$5KUniversity of Delaware: $5KUniversity of Delaware$5KSpelman College: $5KSpelman College$5KClemson University: $5KClemson University$5K

The largest 2025 recipient was Rowan University ($5K). Together the top 8 received $39K.

Grant Size Distribution

38 grants across all recorded years

38<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 38 grants of 38 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Rowan University Glassboro, NJScholarship$4,875
Haverford College Haverford, PAScholarship$4,875
Lehigh University Bethlehem, PAScholarship$4,875
The College of New Jersey Ewing, NJScholarship$4,875
Kean University Union, NJScholarship$4,875
University of Delaware Newark, DEScholarship$4,875
Spelman College Atlanta, GAScholarship$4,875
Clemson University Clemson, SCScholarship$4,875

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$738,425$724,685$719,519
Revenue$74,822$66,209$19,843
Expenses$62,947$61,008$59,533
Qualifying Distributions$48,237$47,991$47,812
Net Investment Income$61,461$53,055$9,153
Distributable Amount$53,813$50,506$46,163

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 3, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

John S Carpenter Trust Para 23's 2025 filing lists 3 officers; 1 of 3 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Wells Fargo Bank N A

    Trustee

    Co-Trustee → Trustee, 2020

    On filings since 2019

    1 hr/week

    $16K (2019) → $18K (2025)

  • John S. Carpenter Jr.

    Co-Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Lindalee K. Mulligan

    Co-Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

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

Wells Fargo Bank N a — Trustee: $18KWells Fargo Bank N aTrustee$18K

The highest reported compensation on the 2025 filing was $18K, to Wells Fargo Bank N a (Trustee).

Frequently asked questions about John S Carpenter Trust Para 23

How much does John S Carpenter Trust Para 23 give each year?

John S Carpenter Trust Para 23 gave $39K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $39K across 6 grants.

What is John S Carpenter Trust Para 23's typical grant size?

John S Carpenter Trust Para 23's median grant in 2025 was $4,875, and its average grant was $4,875, across 8 grants on its 2025 IRS Form 990-PF.

Where does John S Carpenter Trust Para 23 give grants?

John S Carpenter Trust Para 23's top state is New Jersey, with 38% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Pennsylvania (25%) and Delaware (13%).

Does John S Carpenter Trust Para 23 give general operating support?

Not in 2025: none of the 8 grants with a stated purpose on John S Carpenter Trust Para 23's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (8 grants).

Who are John S Carpenter Trust Para 23's largest grantees?

John S Carpenter Trust Para 23's largest 2025 grantees include Rowan University ($4,875), Haverford College ($4,875) and Lehigh University ($4,875), according to its 2025 IRS Form 990-PF. Together they received 38% of its itemized 2025 grant dollars.

How large is John S Carpenter Trust Para 23?

John S Carpenter Trust Para 23 reported $738K in total assets on its 2025 IRS Form 990-PF. It paid out $48K in qualifying distributions that year, against a required minimum of $54K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is John S Carpenter Trust Para 23?

John S Carpenter Trust Para 23 is a private foundation focused on Education, based in Saint Louis, MO. It holds $738K in total assets as of 2025.

What is John S Carpenter Trust Para 23's EIN?

John S Carpenter Trust Para 23's EIN (Employer Identification Number) is 22-6501059. 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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