Michael E Shrote Settlement Trust XXX-XX-XXXX

Private foundation · Grantmaker Tampa, FL EIN: 88-6741278

Michael E Shrote Settlement Trust XXX-XX-XXXX is a private foundation, based in Tampa, FL. IRS filing data is available from 2023 through 2024. In 2024, it awarded 2 grants totaling $381K. Net investment income was $4K.

Key facts about Michael E Shrote Settlement Trust XXX-XX-XXXX

In short: Michael E Shrote Settlement Trust XXX-XX-XXXX gave $381K across 2 grants in 2024 (avg $191K), mostly in Indiana. Source: 2024 IRS Form 990-PF.

EIN
88-6741278
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$381,152
Grants made (2024)
2
Average grant
$190,576
Median grant
$190,576
Primary geography
Indiana (52% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$381K

+107.1% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$191K

+3.6% YoY

Under IRS private-foundation payout rules, Michael E Shrote Settlement Trust XXX-XX-XXXX reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

How Michael E Shrote Settlement Trust XXX-XX-XXXX gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). 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

2states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

BrightonMichigan CitySouthfield

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K1 grant2023 2 grants2024

From 2023 to 2024, annual grant giving ranged from $184K (2023) to $381K (2024). In 2024 it made 2 grants totaling $381K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Immanuel Evangelical Lutheran Church of Michigan City Indiana: $197KImmanuel Evangelical LutheranChurch of Michigan City…$197KMake-a-Wish Foundation Michigan: $184KMake-a-Wish FoundationMichigan$184K

The largest 2024 recipient was Immanuel Evangelical Lutheran Church of Michigan City Indiana ($197K). Together the top 2 received $381K.

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Immanuel Evangelical Lutheran Church of Michigan City Indiana Michigan City, INCharitable Distribution$197,148
Make-a-Wish Foundation Michigan Southfield, MICharitable Distribution$184,004

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2023 2024
Metric20242023
Total Assets—$378,008
Revenue$6,076$-129,043
Expenses$382,626$192,248
Qualifying Distributions$381,802$188,126
Net Investment Income$3,785$12,549
Distributable Amount$9,714$19,047

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 16, 2025)
  2. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

Michael E Shrote Settlement Trust XXX-XX-XXXX's only listed officer is Members Trust Company, Trustee on every filing since 2023 (uncompensated).

Officers on the 2024 filing

  • Members Trust Company

    Trustee

    On filings since 2023

    2 hrs/week

    $8K (2023) → $0 (2024)

Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Members Trust Company — Trustee: $8KMembers Trust CompanyTrustee$8K

The highest reported compensation on the 2023 filing was $8K, to Members Trust Company (Trustee).

Frequently asked questions about Michael E Shrote Settlement Trust XXX-XX-XXXX

How much does Michael E Shrote Settlement Trust XXX-XX-XXXX give each year?

Michael E Shrote Settlement Trust XXX-XX-XXXX gave $381K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $184K across 1 grant.

Where does Michael E Shrote Settlement Trust XXX-XX-XXXX operate?

Michael E Shrote Settlement Trust XXX-XX-XXXX has awarded grants in Indiana, Michigan.

How much is Michael E Shrote Settlement Trust XXX-XX-XXXX required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael E Shrote Settlement Trust XXX-XX-XXXX reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Michael E Shrote Settlement Trust XXX-XX-XXXX's EIN?

Michael E Shrote Settlement Trust XXX-XX-XXXX's EIN (Employer Identification Number) is 88-6741278. IRS Form 990 filing data is available on this page for 2023–2024.

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

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