Laola K Bannan Trust
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 grant totaling $98K. Net investment income was $157K.
Laola K Bannan Trust at a glance
In short: Laola K Bannan Trust gave $98K across 1 grant in 2025 (avg $98K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $98,404
- -21.4% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $98,404
- -21.4% vs 2024
- Median grant
- $98,404
- Total assets
- $1,858,072
- +1.7% vs 2024
- Primary geography
- Florida (100% 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 Laola K Bannan Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Johns Hopkins All Childrens' Hospital ($98K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Laola K Bannan Trust gives
- Giving held roughly steady from 2022 to 2025 (+16%). Method
- In 2025 it paid out 100% 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 $72K (2023) to $125K (2024). In 2025 it made 1 grant totaling $98K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Johns Hopkins All Childrens' Hospital St Petersburg, FL | Unrestricted General | $98,404 |
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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 | $1,858,072 | $182,123 | $135,891 | $98,404 | 1 | $111,808 | $157,255 | $111,780 |
| 2024 | $1,826,870 | $77,880 | $158,618 | $125,222 | 1 | $137,597 | $51,469 | $104,255 |
| 2023 | $1,848,077 | $-12,201 | $112,498 | $71,804 | 1 | $83,545 | $22,023 | $98,846 |
| 2022 | $1,943,995 | $401,418 | $121,200 | $85,121 | 1 | $98,167 | $377,107 | $108,193 |
| 2021 | $1,961,589 | $135,162 | $121,176 | $83,732 | 1 | — | $114,155 | $110,637 |
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.
Leadership & Key People
Officers and directors from IRS filings
Laola K Bannan Trust's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2022
1 hr/week
$31K (2022) → $32K (2025)
Former officers (1)
- Former: Bank Of America N A (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 $32K, to Bank of America (Trustee).
Frequently asked questions about Laola K Bannan Trust
How much does Laola K Bannan Trust give each year?
Laola K Bannan Trust gave $98K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $125K across 1 grant.
How large is Laola K Bannan Trust?
Laola K Bannan Trust reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $112K in qualifying distributions that year, against a required minimum of $112K (roughly 5% of its investment assets).
Where does Laola K Bannan Trust operate?
Laola K Bannan Trust has awarded grants in Florida.
What is Laola K Bannan Trust's EIN?
Laola K Bannan Trust's EIN (Employer Identification Number) is 59-6898410. 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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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