M C Shook Trust

SAN ANGELO, TX EIN: 75-6022499

M C Shook Trust is a private foundation, based in SAN ANGELO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 8 grants totaling $97K. Net investment income was $119K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+1.2% YoY

Annual Giving

$97K

-2.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$12K

-2.7% YoY

Under IRS private-foundation payout rules, M C Shook Trust reported a distributable amount of $107K for 2024 — the minimum it must pay out in qualifying distributions.

About M C Shook Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $472K (100%)

States

Texas

Cities

PlainviewSan Angelo

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,630,034	$1,611,050	$1,582,513
Revenue	$126,387	$142,748	$111,723
Expenses	$105,943	$111,775	$113,726
Qualifying Distributions	$98,153	$101,358	$101,673
Net Investment Income	$119,151	$132,027	$102,626
Distributable Amount	$106,806	$98,725	$101,483

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

39 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First Baptist Church ($51,006), Salvation Army ($15,000), Wayland Baptist University ($15,000).

Recipient	Purpose	Amount
BAPTIST MEMOR RETIREMENT CTR SAN ANGELO, TX	UNRESTRICTED	$10,000
BOY SCOUTS OF AMERICA SAN ANGELO, TX	UNRESTRICTED	$1,500
FIRST BAPTIST CHURCH SAN ANGELO, TX	UNRESTRICTED	$51,006
SALVATION ARMY SAN ANGELO, TX	UNRESTRICTED	$15,000
UNITED WAY OF THE CONCHO VALLEY SAN ANGELO, TX	UNRESTICTED	$1,000
WAYLAND BAPTIST UNIVERSITY PLAINVIEW, TX	SCHOLARSHIP FUND	$15,000
WEST TEXAS BOYS RANCH SAN ANGELO, TX	UNRESTICTED	$1,000
WEST TEXAS REHABILITATION CTR SAN ANGELO, TX	UNRESTICTED	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
1ST FIN TRUSTASSET MGMT CONA	TRUSTEE	1	$5,669

Frequently Asked Questions

How large is M C Shook Trust?

As of 2024, M C Shook Trust holds $1.6M in total assets with $126K in annual revenue. It awarded 8 grants totaling $97K in 2024.

Where does M C Shook Trust operate?

M C Shook Trust has awarded grants in Texas.

What size grants does M C Shook Trust award?

In 2024, M C Shook Trust awarded 8 grants totaling $97K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is M C Shook Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, M C Shook Trust reported a distributable amount of $107K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.