Lorence Millstead Charitable Trust
Lorence Millstead Charitable Trust is a private foundation, based in Clayton, MO. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.5M in total assets. In 2025, it awarded 5 grants totaling $208K. Net investment income was $398K.
Lorence Millstead Charitable Trust at a glance
In short: Lorence Millstead Charitable Trust gave $208K across 5 grants in 2025 (avg $42K), mostly in Missouri. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $207,720
- +13.3% vs 2024
- Grants made (2025)
- 5
- +0.0% vs 2024
- Average grant
- $41,544
- +13.3% vs 2024
- Median grant
- $41,544
- Total assets
- $4,499,944
- +4.1% vs 2024
- Primary geography
- Missouri (60% 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 Lorence Millstead Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was The Salvation Army ($42K). Together the top 5 received $208K.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 25 grants of 25 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
How Lorence Millstead Charitable Trust gives
- Giving held roughly steady from 2022 to 2025 (+6%). Method
- In 2025 it paid out 96% 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
From 2021 to 2025, annual grant giving ranged from $183K (2024) to $213K (2023). In 2025 it made 5 grants totaling $208K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Salvation Army St. Louis, MO | General Operations | $41,544 |
| Shriners Hospitals for Children Tampa, FL | General Operations | $41,544 |
| Boys & Girls Club Springfield, MO | General Operations | $41,544 |
| College of the Ozarks Point Lookout, MO | General Operations | $41,544 |
| St Jude Childrens Research Hospital Memphis, TN | General Operations | $41,544 |
Ready to take the next step with Lorence Millstead Charitable Trust?
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 | $4,499,944 | $429,464 | $252,632 | $207,720 | 5 | $215,432 | $397,837 | $225,177 |
| 2024 | $4,323,245 | $404,066 | $226,134 | $183,390 | 5 | $191,049 | $370,704 | $222,183 |
| 2023 | $4,145,305 | $245,906 | $250,135 | $212,945 | 5 | $220,229 | $216,722 | $197,700 |
| 2022 | $4,149,534 | $338,209 | $250,627 | $195,372 | 5 | $203,586 | $303,805 | $228,835 |
| 2021 | $4,061,919 | $586,300 | $229,449 | $191,470 | 5 | — | $555,772 | $206,099 |
Under IRS private-foundation payout rules, Lorence Millstead Charitable Trust reported a distributable amount of $225K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Lorence Millstead Charitable Trust is led by Commerce Trust, Trustee & Tax Preparation on every filing since 2023 — the only officer listed, and compensated.
Officers on the 2025 filing
Commerce Trust
Trustee & Tax Preparation
On filings since 2023
3 hrs/week
$34K (2023) → $39K (2025)
Former officers (1)
- Former: Commerce Trust Company (2021–2022) — Trustee & Tax Preparation
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 $39K, to Commerce Trust (Trustee).
Frequently asked questions about Lorence Millstead Charitable Trust
How much does Lorence Millstead Charitable Trust give each year?
Lorence Millstead Charitable Trust gave $208K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $183K across 5 grants.
What is Lorence Millstead Charitable Trust's typical grant size?
Lorence Millstead Charitable Trust's median grant in 2025 was $41,544, and its average grant was $41,544, across 5 grants on its 2025 IRS Form 990-PF.
Where does Lorence Millstead Charitable Trust give grants?
Lorence Millstead Charitable Trust gives mostly in Missouri: 60% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Florida (20%) and Tennessee (20%).
Does Lorence Millstead Charitable Trust give general operating support?
Yes: 100% of Lorence Millstead Charitable Trust's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Lorence Millstead Charitable Trust's largest grantees?
Lorence Millstead Charitable Trust's largest 2025 grantees include The Salvation Army ($41,544), Shriners Hospitals for Children ($41,544) and Boys & Girls Club ($41,544), according to its 2025 IRS Form 990-PF. Together they received 60% of its itemized 2025 grant dollars.
How large is Lorence Millstead Charitable Trust?
Lorence Millstead Charitable Trust reported $4.5M in total assets on its 2025 IRS Form 990-PF. It paid out $215K in qualifying distributions that year, against a required minimum of $225K (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.
What is Lorence Millstead Charitable Trust's EIN?
Lorence Millstead Charitable Trust's EIN (Employer Identification Number) is 43-6820427. 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
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 29, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 20, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 30, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 13, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS September 15, 2025)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Lorence Millstead Charitable Trust funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Lorence Millstead Charitable Trust's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Missouri
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Adam R Scripps Foundation
Ft Mitchell, KY
The Adam R Scripps Foundation funds science and STEM education, housing, health, scholarships, and community and cultural projects, with grants across multiple states, especially Texas and California. Its 2024 grants ranged from $1,000 to $2 million, with a median of $50,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$754.6M
Grants
281
Total Given
$35.5M
Greater Horizons
Kansas City, MO
Greater Horizons distributes donor-advised fund grants to eligible U.S. charities and institutions across a wide range of causes; international organizations may also be supported after additional due diligence. In 2024, its grants had a median of $15,000, though amounts varied widely. Grants are requested by fund holders, and no general application process for organizations seeking funding is described.
Assets
$2.8B
Grants
3,282
Total Given
$212.2M
St Louis Community Foundation Inc
St. Louis, MO
The foundation supports nonprofits through its own community priorities and funds it administers for private and family foundations, including economic mobility, youth connections, and a range of other donor-directed causes. In 2024, grants ranged from $5,050 to $4 million, with a median of $20,000; community-impact funding focuses mainly on high-need ZIP codes in Missouri and Illinois, though grants also go elsewhere. It does not state whether it accepts unsolicited requests; applicants should check each funder’s criteria and deadlines.
Assets
$494.4M
Grants
839
Total Given
$63.9M
Commerce Bancshares Foundation
Kansas City, MO
The foundation supports a broad range of charitable organizations and community projects, with 2024 grants typically small (median $1,500) but ranging from $200 to $60,500. Most funding went to Missouri, followed by Kansas and Illinois, with smaller amounts elsewhere; it says applicants should contact the program director and provide proof of 501(c)(3) status, and does not restrict giving to preselected organizations.
Assets
$35.0M
Grants
645
Total Given
$2.0M
Patterson Family Foundation
Kansas City, MO
The Patterson Family Foundation supported economic opportunity, education, and healthcare in rural communities, primarily in Kansas and western Missouri counties with fewer than 50,000 residents. In 2021, it made 607 grants, with a median award of $6,300 and grants ranging from $144 to $2.5 million. Its 2021 filing says it funded only preselected organizations and did not accept unsolicited requests; no later filing is on record.
Assets
$1.5B
Grants
607
Total Given
$22.3M
More similar funders
More Funders in Missouri
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Lorence Millstead Charitable Trust'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.
Lorence Millstead Charitable Trust down — hundreds of funders to go?