Katrine Menzing Deakins Charitable Trust
The Katrine Menzing Deakins Charitable Trust is a private foundation established in 1987 and headquartered in Dallas, Texas. As a 501(c)(3) organization, it has been tax-exempt since September 1988. The foundation operates as an independent grantmaking organization with a focus on supporting charitable causes within Texas.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$6.1M
-0.1% YoY
Annual Giving
$334K
+18.7% YoY
Grant Count
13
+18.2% YoY
Avg Grant Size
$26K
+0.4% YoY
Mission & Focus Areas
The trust supports education, health, and human services throughout Texas. The foundation's grantmaking includes support for programs and general operating support across these three primary areas. The trust has a particular connection to Fort Worth and the surrounding region, with many grants directed to organizations in Fort Worth and Bedford.
Grantmaking
The Katrine Menzing Deakins Charitable Trust makes grants ranging from $1,000 to $25,000, with a median grant size of $25,000. Recent grantmaking activity shows the foundation awarded approximately $281,000 to $334,000 annually across 13-14 grants.
Grant Range
of $25,000. Recent grantmaking activity shows the foundation awarded approximately $281,000 to $334,000 annually across 13-14 grants.
Review Cycle
is August 1, with a decision timeframe of three to four months. Grant seekers must use the Bank of America online system to apply for grants. The foundation is open to applications and focuses exclusively on Texas-based nonprofits.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is restricted to Texas nonprofits, with particular emphasis on organizations in Fort Worth and Bedford. The trust maintains a strong local focus on the region where its founder was active.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending March 2025:
- Total Assets: $6,132,252 - $6,135,964
- Total Revenue: $501,275
- Total Expenses: $504,038
- Net Assets: $6,132,252
- Annual Giving Rate: Approximately 5.4% of assets
Investment Income: The foundation generates revenue primarily through investment income and dividends, with recent years showing approximately $198,820 in investment income (2024).
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $6,132,252 | $6,135,964 | $6,097,453 |
| Revenue | $501,275 | $463,832 | $300,164 |
| Expenses | $504,038 | $424,147 | $392,093 |
| Qualifying Distributions | $418,283 | $355,337 | $321,212 |
| Net Investment Income | $422,578 | $392,706 | $235,980 |
| Distributable Amount | $461,406 | $404,375 | $381,455 |
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 2025
Grant Size Distribution
60 grants across all recorded years
Open Grants
1 open opportunity from Katrine Menzing Deakins Charitable Trust
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Katrine Deakins, the founder, was the executive secretary to Amon G. Carter and helped establish the Amon G. Carter Foundation, which is based in Fort Worth. After serving as executive director of the Carter Foundation, Deakins established her own charitable trust. Bank of America's Texas office manages the foundation's operations.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $93,197 |
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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