Margaret M Bruce Char Res Tr 164507

Private foundation · Grantmaker Evansville, IN EIN: 41-6517812

Margaret M Bruce Char Res Tr 164507 is a private foundation focused on Education, based in Evansville, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $106K in total assets. In 2025, it awarded 1 grant totaling $5K. Net investment income was $9K.

Margaret M Bruce Char Res Tr 164507 at a glance

In short: Margaret M Bruce Char Res Tr 164507 gave $5K across 1 grant in 2025 (avg $5K), mostly in North Dakota. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$5,000
+0.0% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$5,000
+0.0% vs 2024
Median grant
$5,000
Total assets
$106,012
+1.9% vs 2024
Primary geography
North Dakota (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who Margaret M Bruce Char Res Tr 164507 funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Minot State University: $5KMinot State University$5K

The largest 2025 recipient was Minot State University ($5K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

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

Minot

How Margaret M Bruce Char Res Tr 164507 gives

  • Giving held roughly steady from 2022 to 2025 (−17%). Method
  • In 2025 it paid out 114% of its IRS minimum distribution (the 5% rule). 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$2K$4K$6K$8K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $5K (2024) to $7K (2021). In 2025 it made 1 grant totaling $5K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Minot State University Minot, NDScholarships$5,000
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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$106,012$9,422$7,391$5,0001$6,710$8,711$5,875
2024$103,985$4,849$8,021$5,0001$5,725$2,615$5,813
2023$107,212$7,652$8,221$5,3001$6,025$5,384$5,459
2022$107,838$3,572$8,665$6,0001$6,625$1,623$5,834
2021$113,038$7,737$9,954$7,0001$7,725$5,508$6,755
2020$115,278$5,067$9,467$6,5501—$2,875$6,303
2019$119,699$3,086$9,049$6,0001—$1,148$6,215

Under IRS private-foundation payout rules, Margaret M Bruce Char Res Tr 164507 reported a distributable amount of $6K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Margaret M Bruce Char Res Tr 164507's only listed officer is OLD National Wealth Mgmt, Trustee on the 2025 filing (compensated).

Officers on the 2025 filing

  • OLD National Wealth Mgmt

    Trustee

    New on the 2025 filing

    1 hr/week

    $2K (2025)

Former officers (2)
  • Former: Bremer Bank N A (2020–2024) — Trustee
  • Former: Bremer Trust N A (2019) — Trustee

Data from IRS Form 990 filings, 2019–2025. "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

Old National Wealth Mgmt — Trustee: $2KOld National Wealth MgmtTrustee$2K

The highest reported compensation on the 2025 filing was $2K, to Old National Wealth Mgmt (Trustee).

Frequently asked questions about Margaret M Bruce Char Res Tr 164507

How much does Margaret M Bruce Char Res Tr 164507 give each year?

Margaret M Bruce Char Res Tr 164507 gave $5K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 1 grant.

How large is Margaret M Bruce Char Res Tr 164507?

Margaret M Bruce Char Res Tr 164507 reported $106K in total assets on its 2025 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).

What is Margaret M Bruce Char Res Tr 164507?

Margaret M Bruce Char Res Tr 164507 is a private foundation focused on Education, based in Evansville, IN. It holds $106K in total assets as of 2025.

Where does Margaret M Bruce Char Res Tr 164507 operate?

Margaret M Bruce Char Res Tr 164507 has awarded grants in North Dakota.

What is Margaret M Bruce Char Res Tr 164507's EIN?

Margaret M Bruce Char Res Tr 164507's EIN (Employer Identification Number) is 41-6517812. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 6, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 23, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 6, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 4, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 23, 2026)
  8. IRS filings on file for fiscal years 2019–2025

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

Figures come from Margaret M Bruce Char Res Tr 164507'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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