Lester Gehm Memorial and Education Fund

Private foundation · Grantmaker Dallas, TX EIN: 43-6071929

Lester Gehm Memorial and Education Fund is a private foundation, based in Dallas, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $872K in total assets. In 2025, it awarded 1 grant totaling $48K. Net investment income was $80K.

Lester Gehm Memorial and Education Fund at a glance

In short: Lester Gehm Memorial and Education Fund gave $48K across 1 grant in 2025 (avg $48K), mostly in Missouri. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$48,065
+8.2% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$48,065
+8.2% vs 2024
Median grant
$48,065
Total assets
$872,180
+2.7% vs 2024
Primary geography
Missouri (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

Who Lester Gehm Memorial and Education Fund funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Missouri Military Academy: $48KMissouri Military Academy$48K

The largest 2025 recipient was Missouri Military Academy ($48K).

Grant Size Distribution

5 grants across all recorded years

3<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 5 (60%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Mexico

How Lester Gehm Memorial and Education Fund gives

  • Giving held roughly steady from 2022 to 2025 (−12%). Method
  • In 2025 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

$0$20K$40K$60K$80K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $40K (2023) to $62K (2021). In 2025 it made 1 grant totaling $48K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Missouri Military Academy Mexico, MOUnrestricted General$48,065
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$872,180$83,456$51,846$48,0651$48,879$80,116$49,940
2024$849,580$31,644$47,437$44,4371$45,208$24,553$46,115
2023$847,774$-21,324$48,868$39,5001$40,188$15,775$43,198
2022$906,980$181,242$58,460$54,8381$55,529$178,120$47,807
2021$898,066$62,783$64,292$62,0371—$60,840$48,084

Under IRS private-foundation payout rules, Lester Gehm Memorial and Education Fund reported a distributable amount of $50K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Lester Gehm Memorial and Education Fund'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

    $2K (2022) → $2K (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

Bank of America — Trustee: $2KBank of AmericaTrustee$2K

The highest reported compensation on the 2025 filing was $2K, to Bank of America (Trustee).

Frequently asked questions about Lester Gehm Memorial and Education Fund

How much does Lester Gehm Memorial and Education Fund give each year?

Lester Gehm Memorial and Education Fund gave $48K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $44K across 1 grant.

How large is Lester Gehm Memorial and Education Fund?

Lester Gehm Memorial and Education Fund reported $872K in total assets on its 2025 IRS Form 990-PF. It paid out $49K in qualifying distributions that year, against a required minimum of $50K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Lester Gehm Memorial and Education Fund operate?

Lester Gehm Memorial and Education Fund has awarded grants in Missouri.

What is Lester Gehm Memorial and Education Fund's EIN?

Lester Gehm Memorial and Education Fund's EIN (Employer Identification Number) is 43-6071929. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(6)

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 September 30, 2022)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 27, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 25, 2024)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS August 26, 2025)
  6. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Lester Gehm Memorial and Education Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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