Margaret C Black Tr FBO Michigan Tech Univ
Margaret C Black Tr FBO Michigan Tech Univ is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $474K in total assets. In 2025, it awarded 1 grant totaling $33K. Net investment income was $41K.
Margaret C Black Tr FBO Michigan Tech Univ at a glance
In short: Margaret C Black Tr FBO Michigan Tech Univ gave $33K across 1 grant in 2025 (avg $33K), mostly in Michigan. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $32,686
- +7.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $32,686
- +7.0% vs 2024
- Median grant
- $32,686
- Total assets
- $474,091
- +0.7% vs 2024
- Primary geography
- Michigan (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 Margaret C Black Tr FBO Michigan Tech Univ funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Michigan Tech Fund ($33K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
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 Margaret C Black Tr FBO Michigan Tech Univ gives
- Giving grew 43% from 2022 to 2025. Method
- In 2025 it paid out 94% 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 2020 to 2025, annual grant giving ranged from $23K (2020) to $33K (2025). In 2025 it made 1 grant totaling $33K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Michigan Tech Fund Houghton, MI | General | $32,686 |
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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 | $474,091 | $50,526 | $47,198 | $32,686 | 1 | $37,035 | $40,805 | $39,600 |
| 2024 | $470,693 | $38,016 | $44,215 | $30,546 | 1 | $34,645 | $29,072 | $36,836 |
| 2023 | $477,665 | $37,270 | $39,511 | $27,623 | 1 | $31,261 | $26,039 | $32,460 |
| 2022 | $479,925 | $13,035 | $38,646 | $22,936 | 1 | $26,675 | $7,213 | $33,086 |
| 2021 | $505,551 | $49,112 | $42,104 | $29,019 | 1 | $33,129 | $38,414 | $35,245 |
| 2020 | $498,552 | $32,566 | $35,711 | $22,693 | 1 | — | $25,055 | $30,957 |
Under IRS private-foundation payout rules, Margaret C Black Tr FBO Michigan Tech Univ reported a distributable amount of $40K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Margaret C Black Tr FBO Michigan Tech Univ's only listed officer is JP Morgan Chase Bank N A, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
JP Morgan Chase Bank N A
Trustee
On filings since 2021
2 hrs/week
$13K (2021) → $13K (2025)
Former officers (1)
- Former: JP Morgan Chase Bank NA (2020) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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 $13K, to JP Morgan Chase Bank N a (Trustee).
Frequently asked questions about Margaret C Black Tr FBO Michigan Tech Univ
How much does Margaret C Black Tr FBO Michigan Tech Univ give each year?
Margaret C Black Tr FBO Michigan Tech Univ gave $33K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $31K across 1 grant.
How large is Margaret C Black Tr FBO Michigan Tech Univ?
Margaret C Black Tr FBO Michigan Tech Univ reported $474K in total assets on its 2025 IRS Form 990-PF. It paid out $37K in qualifying distributions that year, against a required minimum of $40K (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 Margaret C Black Tr FBO Michigan Tech Univ operate?
Margaret C Black Tr FBO Michigan Tech Univ has awarded grants in Michigan.
What is Margaret C Black Tr FBO Michigan Tech Univ's EIN?
Margaret C Black Tr FBO Michigan Tech Univ's EIN (Employer Identification Number) is 38-6671327. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 30, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 22, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- IRS filings on file for fiscal years 2020–2024
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