Lex King Souter Memorial Fund Trust T-701

DALLAS, TX EIN: 04-6029671

TO GIVE SPIRITUAL AND MATERIAL RELIEF TO ANY AND ALL NEEDY PERSONS WHO SHALL AT ANY TIME APPEAL TO SAID CHURCH FOR SUCH RELIEF AND ASSISTANCE

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.2M

+0.1% YoY

Annual Giving

$145K

+31.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$145K

+31.0% YoY

About Lex King Souter Memorial Fund Trust T-701

Based on IRS filings

Lex King Souter Memorial Fund Trust T-701 is a nonprofit organization, based in DALLAS, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.2M in total assets. In 2025, it awarded 1 grants totaling $145K. Net investment income was $180K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $573K (100%)

States

Massachusetts

Cities

Fall River

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$3,200,271	$3,197,554	$3,222,118
Revenue	$180,142	$119,324	$418,000
Expenses	$177,428	$141,289	$139,255
Qualifying Distributions	—	—	—
Net Investment Income	$180,142	$119,324	$418,000
Distributable Amount	—	—	—

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 First Congregational Church ($144,719).

Recipient	Purpose	Amount
FIRST CONGREGATIONAL CHURCH FALL RIVER, MA	TO FUND THE LEX KING SOUTER MEMORIAL FUND WHICH PROVIDES ASSISTANCE TO THE NEEDY WHO REQUEST IT FROM THE CHURCH	$144,719

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	$29,829

Frequently Asked Questions

How large is Lex King Souter Memorial Fund Trust T-701?

As of 2025, Lex King Souter Memorial Fund Trust T-701 holds $3.2M in total assets with $180K in annual revenue. It awarded 1 grants totaling $145K in 2025.

Where does Lex King Souter Memorial Fund Trust T-701 operate?

Lex King Souter Memorial Fund Trust T-701 has awarded grants in Massachusetts.

What size grants does Lex King Souter Memorial Fund Trust T-701 award?

In 2025, Lex King Souter Memorial Fund Trust T-701 awarded 1 grants totaling $145K — an average of about $145K per grant, based on its IRS Form 990 filings.

What is Lex King Souter Memorial Fund Trust T-701's EIN?

Lex King Souter Memorial Fund Trust T-701's EIN (Employer Identification Number) is 04-6029671. IRS Form 990 filing data is available on this page for 2021–2025.