L & M Meador Scholarship Trust
L & M Meador Scholarship Trust is a private foundation focused on Education, based in Richardson, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 7 grants totaling $57K. Net investment income was $48K.
L & M Meador Scholarship Trust at a glance
In short: L & M Meador Scholarship Trust gave $57K across 7 grants in 2025 (avg $8K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $57,000
- -4.8% vs 2024
- Grants made (2025)
- 7
- +0.0% vs 2024
- Average grant
- $8,143
- -4.8% vs 2024
- Median grant
- $6,250
- Total assets
- $1,030,586
- -2.3% vs 2024
- Primary geography
- Virginia (89% 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 L & M Meador Scholarship Trust funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was University of Va - Wise ($25K). Together the top 5 received $45K.
Organizations only. It also paid 2 individual scholarships ($12,500), which are not listed by name.
Grant Size Distribution
33 grants across all recorded years
The most common grant size was under $50K: 33 grants of 33 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
Cities
How L & M Meador Scholarship Trust gives
- Giving held roughly steady from 2022 to 2025 (−16%). Method
- In 2025 it paid out 125% 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 2021 to 2025, annual grant giving ranged from $20K (2021) to $68K (2022). In 2025 it made 7 grants totaling $57K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Va - Wise Wise, VA | College/University Student Scholarship Awards | $25,000 |
| Radford University Radford, VA | College/University Student Scholarship Awards | $7,000 |
| 2 individual scholarships Recipients not named | — | $12,500 |
| Virginia Tech Blacksburg, VA | College/University Student Scholarship Awards | $6,250 |
| Averett University Danville, VA | College/University Student Scholarship Awards | $3,500 |
| University of Virginia Charlottesville, VA | College/University Student Scholarship Awards | $2,750 |
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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 | $1,030,586 | $62,211 | $86,595 | $57,000 | 7 | $68,246 | $48,025 | $54,497 |
| 2024 | $1,054,970 | $158,322 | $77,846 | $59,900 | 7 | $69,459 | $150,104 | $51,472 |
| 2023 | $923,884 | $-20,341 | $81,668 | $50,400 | 7 | $68,691 | $12,361 | $49,455 |
| 2022 | $1,020,748 | $206,740 | $92,091 | $67,900 | 8 | $79,028 | $192,997 | $57,901 |
| 2021 | $1,015,682 | $68,468 | $41,827 | $20,000 | 4 | — | $57,395 | $54,957 |
Under IRS private-foundation payout rules, L & M Meador Scholarship Trust reported a distributable amount of $54K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
L & M Meador Scholarship Trust's only listed officer is American National Bank Of Texas, Successor Trustee on every filing since 2024 (compensated).
Officers on the 2025 filing
American National Bank Of Texas
Successor Trustee
On filings since 2024
1 hr/week
$7K (2024) → $15K (2025)
Former officers (2)
- Former: Bank Of America (2022–2023) — Trustee
- Former: Bank Of America NA (2021) — Trustee
Data from IRS Form 990 filings, 2021–2025. "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 $15K, to American National Bank of Texas (Successor Trustee).
Frequently asked questions about L & M Meador Scholarship Trust
How much does L & M Meador Scholarship Trust give each year?
L & M Meador Scholarship Trust gave $57K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $60K across 7 grants.
What is L & M Meador Scholarship Trust's typical grant size?
L & M Meador Scholarship Trust's median grant in 2025 was $6,250, and its average grant was $8,143, across 7 grants on its 2025 IRS Form 990-PF.
Where does L & M Meador Scholarship Trust give grants?
L & M Meador Scholarship Trust gives mostly in Virginia: 89% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (11%).
Does L & M Meador Scholarship Trust give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on L & M Meador Scholarship Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "College/University Student Scholarship Awards" (7 grants).
Who are L & M Meador Scholarship Trust's largest grantees?
L & M Meador Scholarship Trust's largest 2025 grantees include University of Va - Wise ($25,000), Radford University ($7,000) and Virginia Tech ($6,250), according to its 2025 IRS Form 990-PF. It also paid 2 individual scholarships ($12,500), which are not listed by name. Together they received 67% of its itemized 2025 grant dollars.
How large is L & M Meador Scholarship Trust?
L & M Meador Scholarship Trust reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $68K in qualifying distributions that year, against a required minimum of $54K (roughly 5% of its investment assets).
What is L & M Meador Scholarship Trust?
L & M Meador Scholarship Trust is a private foundation focused on Education, based in Richardson, TX. It holds $1.0M in total assets as of 2025.
What is L & M Meador Scholarship Trust's EIN?
L & M Meador Scholarship Trust's EIN (Employer Identification Number) is 54-6385104. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 30, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 30, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 1, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 13, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work L & M Meador Scholarship Trust funds
Education Open opportunities, soonest deadline first.
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