L & M Meador Scholarship Trust

Private foundation · Grantmaker Richardson, TX EIN: 54-6385104

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.

Key facts about L & M Meador Scholarship Trust

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.

EIN
54-6385104
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$57,000
Grants made (2025)
7
Average grant
$8,143
Median grant
$6,250
Total assets
$1,030,586
Primary geography
Virginia (89% 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

$1.0M

-2.3% YoY

Annual Giving

$57K

-4.8% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$8K

-4.8% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

BlacksburgWiseCharlottesvilleRadfordDanvilleBig Stone GapJohnson CityEmoryKnoxvilleNorfolkStaunton

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K4 grants2021 8 grants2022 7 grants2023 7 grants2024 7 grants2025

From 2021 to 2025, annual grant giving ranged from $20K (2021) to $68K (2022). In 2025 it made 7 grants totaling $57K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

University of Va - Wise: $25KUniversity of Va - Wise$25KRadford University: $7KRadford University$7KVirginia Tech: $6KVirginia Tech$6KAverett University: $4KAverett University$4KUniversity of Virginia: $3KUniversity of Virginia$3K

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

33<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 33 grants of 33 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Va - Wise Wise, VACollege/University Student Scholarship Awards$25,000
Radford University Radford, VACollege/University Student Scholarship Awards$7,000
2 individual scholarships Recipients not named —$12,500
Virginia Tech Blacksburg, VACollege/University Student Scholarship Awards$6,250
Averett University Danville, VACollege/University Student Scholarship Awards$3,500
University of Virginia Charlottesville, VACollege/University Student Scholarship Awards$2,750

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,030,586$1,054,970$923,884
Revenue$62,211$158,322$-20,341
Expenses$86,595$77,846$81,668
Qualifying Distributions$68,246$69,459$68,691
Net Investment Income$48,025$150,104$12,361
Distributable Amount$54,497$51,472$49,455

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 30, 2021)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 30, 2022)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 1, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 14, 2025)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 13, 2026)
  6. IRS filings on file for fiscal years 2021–2025

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

American National Bank of Texas — Successor Trustee: $15KAmerican National Bank…Successor Trustee$15K

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.

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