Mayme & Herbert Frank Educatn Tr

Private foundation · Grantmaker Eagan, MN EIN: 93-6231608

Mayme & Herbert Frank Educatn Tr is a private foundation, based in Eagan, MN. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $598K in total assets. In 2026, it awarded 1 grant totaling $36K. Net investment income was $81K.

Key facts about Mayme & Herbert Frank Educatn Tr

In short: Mayme & Herbert Frank Educatn Tr gave $36K across 1 grant in 2026 (avg $36K), mostly in Tennessee. Source: 2026 IRS Form 990-PF.

EIN
93-6231608
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$35,587
Grants made (2026)
1
Average grant
$35,587
Median grant
$35,587
Total assets
$597,793
Primary geography
Tennessee (100% of itemized 2026 grant dollars)

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

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$598K

+4.7% YoY

Annual Giving

$36K

-63.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$36K

-63.3% YoY

Under IRS private-foundation payout rules, Mayme & Herbert Frank Educatn Tr reported a distributable amount of $62K for 2026 — the minimum it must pay out in qualifying distributions.

How Mayme & Herbert Frank Educatn Tr gives

  • In 2026 it paid out 86% 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 2026 grant dollars on its one itemized grant.

States

Cities

Kingsport

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grant2020 1 grant2021 1 grant2022 0 grants2023 1 grant2024 1 grant2025 1 grant2026

From 2020 to 2026, annual grant giving ranged from $18K (2021) to $97K (2025). In 2026 it made 1 grant totaling $36K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2026

Association to Unite the Democracies: $36KAssociation to Unite theDemocracies$36K

The largest 2026 recipient was Association to Unite the Democracies ($36K).

Grant Size Distribution

4 grants across all recorded years

3<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 4 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Association to Unite the Democracies Kingsport, TNGeneral Operating$35,587

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$597,793$570,835$634,191
Revenue$92,145$80,225$23,913
Expenses$65,081$164,052$39,817
Qualifying Distributions$52,795$126,259$29,165
Net Investment Income$81,188$68,918$12,835
Distributable Amount$61,529$63,031$35,599

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS August 10, 2026)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 29, 2020)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 2, 2021)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 4, 2022)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 4, 2025)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS August 4, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 10, 2026)
  8. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Mayme & Herbert Frank Educatn Tr's only listed officer is US Bank N A, Trustee on the 2026 filing (compensated).

Officers on the 2026 filing

  • US Bank N A

    Trustee

    New on the 2026 filing

    1 hr/week

    $11K (2026)

Former officers (1)
  • Former: US Bank NA (2020–2025) — Trustee

Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

US Bank N a — Trustee: $11KUS Bank N aTrustee$11K

The highest reported compensation on the 2026 filing was $11K, to US Bank N a (Trustee).

Frequently asked questions about Mayme & Herbert Frank Educatn Tr

How much does Mayme & Herbert Frank Educatn Tr give each year?

Mayme & Herbert Frank Educatn Tr gave $36K across 1 grant in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $97K across 1 grant.

How large is Mayme & Herbert Frank Educatn Tr?

Mayme & Herbert Frank Educatn Tr reported $598K in total assets on its 2026 IRS Form 990-PF. It paid out $53K in qualifying distributions that year, against a required minimum of $62K (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 Mayme & Herbert Frank Educatn Tr operate?

Mayme & Herbert Frank Educatn Tr has awarded grants in Tennessee.

What is Mayme & Herbert Frank Educatn Tr's EIN?

Mayme & Herbert Frank Educatn Tr's EIN (Employer Identification Number) is 93-6231608. IRS Form 990 filing data is available on this page for 2020–2026.

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

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