Marvin O Palmer Trust

Private foundation · Grantmaker Eagan, MN EIN: 81-6079218

Marvin O Palmer Trust is a private foundation, based in Eagan, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $667K in total assets. In 2025, it awarded 1 grant totaling $34K. Net investment income was $40K.

Key facts about Marvin O Palmer Trust

In short: Marvin O Palmer Trust gave $34K across 1 grant in 2025 (avg $34K), mostly in Montana. Source: 2025 IRS Form 990-PF.

EIN
81-6079218
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$34,055
Grants made (2025)
1
Average grant
$34,055
Median grant
$34,055
Total assets
$667,459
Primary geography
Montana (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$667K

+0.5% YoY

Annual Giving

$34K

-4.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$34K

-4.3% YoY

Under IRS private-foundation payout rules, Marvin O Palmer Trust reported a distributable amount of $39K for 2025 — the minimum it must pay out in qualifying distributions.

How Marvin O Palmer Trust gives

  • Giving held roughly steady from 2022 to 2025 (−18%). 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.

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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

Livingston

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $34K (2025) to $41K (2022). In 2025 it made 1 grant totaling $34K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Livingston School Board Dist No 1: $34KLivingston School Board DistNo 1$34K

The largest 2025 recipient was Livingston School Board Dist No 1 ($34K).

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%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Livingston School Board Dist No 1 Livingston, MTScholarship$34,055

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$667,459$664,030$682,536
Revenue$52,445$30,826$19,210
Expenses$48,846$49,326$49,545
Qualifying Distributions$36,804$38,258$37,602
Net Investment Income$40,436$18,715$10,212
Distributable Amount$38,969$36,585$33,841

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 7, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 5, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)

Leadership & Key People

Officers and directors from IRS filings

Marvin O Palmer Trust's only listed officer is US Bank N A, Trustee on filings since 2020 (compensated).

Officers on the 2025 filing

  • US Bank N A

    Trustee

    On filings since 2020

    1 hr/week

    $11K (2020) → $12K (2025)

Former officers (1)
  • Former: US Bank NA (2024) — 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

US Bank N a — Trustee: $12KUS Bank N aTrustee$12K

The highest reported compensation on the 2025 filing was $12K, to US Bank N a (Trustee).

Frequently asked questions about Marvin O Palmer Trust

How much does Marvin O Palmer Trust give each year?

Marvin O Palmer Trust gave $34K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $36K across 1 grant.

How large is Marvin O Palmer Trust?

Marvin O Palmer Trust reported $667K in total assets on its 2025 IRS Form 990-PF. It paid out $37K in qualifying distributions that year, against a required minimum of $39K (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 Marvin O Palmer Trust operate?

Marvin O Palmer Trust has awarded grants in Montana.

What is Marvin O Palmer Trust's EIN?

Marvin O Palmer Trust's EIN (Employer Identification Number) is 81-6079218. IRS Form 990 filing data is available on this page for 2020–2025.

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

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