Michael Felsher Trust 1B

Foundation · Grantmaker Dallas, TX EIN: 36-6619500

Michael Felsher Trust 1B is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dallas, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $698K in total assets. In 2025, it awarded 3 grants totaling $34K. Net investment income was $63K.

Key facts about Michael Felsher Trust 1B

In short: Michael Felsher Trust 1B gave $34K across 3 grants in 2025 (avg $11K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
36-6619500
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$33,914
Grants made (2025)
3
Average grant
$11,305
Median grant
$14,457
Total assets
$698,046
Primary geography
New York (85% 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

$698K

+3.4% YoY

Annual Giving

$34K

-3.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$11K

-3.0% YoY

Under IRS private-foundation payout rules, Michael Felsher Trust 1B reported a distributable amount of $40K for 2025 — the minimum it must pay out in qualifying distributions.

How Michael Felsher Trust 1B gives

  • Giving held roughly steady from 2022 to 2025 (−11%). Method
  • In 2025 it paid out 96% 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

2states

Share of all 3 itemized 2025 grant dollars.

Cities

New YorkDenver

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K3 grants20193 grants20203 grants20213 grants20223 grants20233 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Hadassah: $14KHadassah$14KOrt America: $14KOrt America$14KNational Jewish Health: $5KNational Jewish Health$5K

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
HADASSAH New York, NYUNRESTRICTED GENERAL$14,457
ORT AMERICA New York, NYUNRESTRICTED GENERAL$14,457
NATIONAL JEWISH HEALTH Denver, COUNRESTRICTED GENERAL$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2019202020212022202320242025
Metric202520242023
Total Assets$698,046$674,963$653,170
Revenue$70,658$70,064$42,000
Expenses$47,662$47,596$35,836
Qualifying Distributions$38,624$39,494$28,530
Net Investment Income$62,613$61,821$32,987
Distributable Amount$40,396$38,435$35,470

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 26, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 22, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 11, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 16, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 20, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Michael Felsher Trust 1B's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2021

    1 hr/week

    $11K (2021) → $10K (2025)

Former officers (1)
  • Former: Bank Of America N A (2019–2020) — 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

Bank of America — Trustee: $10KBank of AmericaTrustee$10K

Frequently asked questions about Michael Felsher Trust 1B

How much does Michael Felsher Trust 1B give each year?

Michael Felsher Trust 1B gave $34K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $35K across 3 grants.

What is Michael Felsher Trust 1B's typical grant size?

Michael Felsher Trust 1B's median grant in 2025 was $14,457, and its average grant was $11,305, across 3 grants on its 2025 IRS Form 990-PF.

Where does Michael Felsher Trust 1B give grants?

Michael Felsher Trust 1B gives mostly in New York: 85% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Colorado (15%). The most frequent recipient cities were New York, NY (2 grants).

Does Michael Felsher Trust 1B give general operating support?

Yes: 100% of Michael Felsher Trust 1B's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Michael Felsher Trust 1B?

Michael Felsher Trust 1B reported $698K in total assets on its 2025 IRS Form 990-PF. It paid out $39K in qualifying distributions that year, against a required minimum of $40K (roughly 5% of its investment assets).

What is Michael Felsher Trust 1B?

Michael Felsher Trust 1B is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dallas, TX. It holds $698K in total assets as of 2025.

What is Michael Felsher Trust 1B's EIN?

Michael Felsher Trust 1B's EIN (Employer Identification Number) is 36-6619500. 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.

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