Laola K Bannan Trust

DALLAS, TX EIN: 59-6898410

Laola K Bannan Trust is a private foundation, based in DALLAS, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.9M in total assets. In 2025, it awarded 1 grants totaling $98K. Net investment income was $157K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.9M

+1.7% YoY

Annual Giving

$98K

-21.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$98K

-21.4% YoY

Under IRS private-foundation payout rules, Laola K Bannan Trust reported a distributable amount of $112K for 2025 — the minimum it must pay out in qualifying distributions.

About Laola K Bannan Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $464K (100%)

States

Florida

Cities

St Petersburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$1,858,072	$1,826,870	$1,848,077
Revenue	$182,123	$77,880	$-12,201
Expenses	$135,891	$158,618	$112,498
Qualifying Distributions	$111,808	$137,597	$83,545
Net Investment Income	$157,255	$51,469	$22,023
Distributable Amount	$111,780	$104,255	$98,846

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Johns Hopkins All Childrens' Hospital ($98,404).

Recipient	Purpose	Amount
JOHNS HOPKINS ALL CHILDRENS' HOSPITAL ST PETERSBURG, FL	UNRESTRICTED GENERAL	$98,404

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$32,260

Frequently Asked Questions

How large is Laola K Bannan Trust?

As of 2025, Laola K Bannan Trust holds $1.9M in total assets with $182K in annual revenue. It awarded 1 grants totaling $98K in 2025.

Where does Laola K Bannan Trust operate?

Laola K Bannan Trust has awarded grants in Florida.

What size grants does Laola K Bannan Trust award?

In 2025, Laola K Bannan Trust awarded 1 grants totaling $98K — an average of about $98K per grant, based on its IRS Form 990 filings.

How much is Laola K Bannan Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Laola K Bannan Trust reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.