L & M Meador Scholarship Trust is a private foundation focused on Education, based in ROCKWALL, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 7 grants totaling $60K. Net investment income was $150K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+14.2% YoY
Annual Giving
$60K
+18.8% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$9K
+18.8% YoY
Under IRS private-foundation payout rules, L & M Meador Scholarship Trust reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.
About L & M Meador Scholarship Trust
Based on IRS filings
L & M Meador Scholarship Trust is a private foundation focused on Education, based in ROCKWALL, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 7 grants totaling $60K. Net investment income was $150K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,054,970 | $923,884 | $1,020,748 |
| Revenue | $158,322 | $-20,341 | $206,740 |
| Expenses | $77,846 | $81,668 | $92,091 |
| Qualifying Distributions | $69,459 | $68,691 | $79,028 |
| Net Investment Income | $150,104 | $12,361 | $192,997 |
| Distributable Amount | $51,472 | $49,455 | $57,901 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Va - Wise ($18,000), University of Virginia ($15,200), Mountain Empire Community College ($13,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MOUNTAIN EMPIRE COMMUNITY COLLEGE BIG STONE GAP, VA | COLLEGE/UNIVERSITY STUDENT SCHOLARSHIP AWARDS | $13,000 |
| UNIVERSITY OF VA - WISE WISE, VA | COLLEGE/UNIVERSITY STUDENT SCHOLARSHIP AWARDS | $18,000 |
| VIRGINIA TECH BLACKSBURG, VA | COLLEGE/UNIVERSITY STUDENT SCHOLARSHIP AWARDS | $4,500 |
| RADFORD UNIVERSITY RADFORD, VA | COLLEGE/UNIVERSITY STUDENT SCHOLARSHIP AWARDS | $3,200 |
| UNIVERSITY OF VIRGINIA CHARLOTTESVILLE, VA | COLLEGE/UNIVERSITY STUDENT SCHOLARSHIP AWARDS | $15,200 |
| EAST TENNESSEE STATE UNIVERSITY JOHNSON CITY, TN | COLLEGE/UNIVERSITY STUDENT SCHOLARSHIP AWARDS | $3,000 |
| AVERETT UNIVERSITY DANVILLE, VA | COLLEGE/UNIVERSITY STUDENT SCHOLARSHIP AWARDS | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMERICAN NATIONAL BANK OF TEXAS | SUCCESSOR TRUSTEE | 1 | $7,280 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is L & M Meador Scholarship Trust?
L & M Meador Scholarship Trust is a private foundation focused on Education, based in ROCKWALL, TX. It holds $1.1M in total assets as of 2024.
How large is L & M Meador Scholarship Trust?
As of 2024, L & M Meador Scholarship Trust holds $1.1M in total assets with $158K in annual revenue. It awarded 7 grants totaling $60K in 2024.
Where does L & M Meador Scholarship Trust operate?
L & M Meador Scholarship Trust has awarded grants in Tennessee, Virginia.
What size grants does L & M Meador Scholarship Trust award?
In 2024, L & M Meador Scholarship Trust awarded 7 grants totaling $60K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is L & M Meador Scholarship Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, L & M Meador Scholarship Trust reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2021–2024.
Explore Open Grants
Browse active grant opportunities in L & M Meador Scholarship Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.