Michaels Frank Scholarship T W

SAINT LOUIS, MO EIN: 23-6680399

Michaels Frank Scholarship T W is a private foundation focused on Education, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 15 grants totaling $80K. Net investment income was $85K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-0.9% YoY

Annual Giving

$80K

+0.3% YoY

Grant Count

15

+0.0% YoY

Avg Grant Size

$5K

+0.3% YoY

Under IRS private-foundation payout rules, Michaels Frank Scholarship T W reported a distributable amount of $104K for 2024 — the minimum it must pay out in qualifying distributions.

About Michaels Frank Scholarship T W

Based on IRS filings

Michaels Frank Scholarship T W is a private foundation focused on Education, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 15 grants totaling $80K. Net investment income was $85K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AlbanyAtlantaBloomsburgClemsonEdinboroImmaculataIndianaIthacaKnoxvilleKutztownLancasterLynchburgNewardNewarkNorfolkOrlandoPhiladelphiaPhoenixvillePittsburgPittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$69K$138K$207K$276K20202021202220232024
Metric202420232022
Total Assets$1,656,789$1,672,096$1,732,626
Revenue$112,713$60,728$98,825
Expenses$127,038$120,191$127,988
Qualifying Distributions$100,085$98,739$99,760
Net Investment Income$84,678$36,724$74,517
Distributable Amount$104,235$95,787$102,166

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K17 grants202016 grants202114 grants202215 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LIBERTY UNIVERSITY$10KLIBERTY UNIVERSITY$5KKUTZTOWN UNIVERSITY$5KIMMACULATA UNIVERSITY$5KCLEMSON UNIVERSITY$5KPENNSYLVANIA STATE UNIVE…$5KSPELMAN COLLEGE$5KWEST CHESTER UNIVERSITY$5KWEST CHESTER UNIVERSITY$5KPENNSYLVANIA STATE UNIVE…$5K

Grant Size Distribution

77 grants across all recorded years

77<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Liberty University ($10,000), Liberty University ($5,000), Kutztown University ($5,000).

RecipientPurposeAmount
LIBERTY UNIVERSITY LYNCHBURG, VASCHOLARSHIP$5,000
KUTZTOWN UNIVERSITY KUTZTOWN, PASCHOLARSHIP$5,000
IMMACULATA UNIVERSITY IMMACULATA, PASCHOLARSHIP$5,000
CLEMSON UNIVERSITY CLEMSON, SCSCHOLARSHIP$5,000
PENNSYLVANIA STATE UNIVERSITY UNIVERSITY PARK, PASCHOLARSHIP$5,000
SPELMAN COLLEGE ATLANTA, GASCHOLARSHIP$5,000
WEST CHESTER UNIVERSITY WEST CHESTER, PASCHOLARSHIP$5,000
WEST CHESTER UNIVERSITY WEST CHESTER, PASCHOLARSHIP$5,000
PENNSYLVANIA STATE UNIVERSITY UNIVERSITY PARK, PASCHOLARSHIP$5,000
LIBERTY UNIVERSITY LYNCHBURG, VASCHOLARSHIP$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

WELLS FARGO BANK N ATRUSTEE$31K

From 2024 filing

NameTitleHoursCompensation
Edwin R Boynton Stradley Ronon SteCO-TRUSTEE4
WELLS FARGO BANK N ATRUSTEE1$30,728

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Michaels Frank Scholarship T W?

Michaels Frank Scholarship T W is a private foundation focused on Education, based in SAINT LOUIS, MO. It holds $1.7M in total assets as of 2024.

How large is Michaels Frank Scholarship T W?

As of 2024, Michaels Frank Scholarship T W holds $1.7M in total assets with $113K in annual revenue. It awarded 15 grants totaling $80K in 2024.

Where does Michaels Frank Scholarship T W operate?

Michaels Frank Scholarship T W has awarded grants in Delaware, Florida, Georgia, New York, Pennsylvania, South Carolina, Tennessee, Virginia.

What size grants does Michaels Frank Scholarship T W award?

In 2024, Michaels Frank Scholarship T W awarded 15 grants totaling $80K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Michaels Frank Scholarship T W required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Michaels Frank Scholarship T W reported a distributable amount of $104K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Michaels Frank Scholarship T W's EIN?

Michaels Frank Scholarship T W's EIN (Employer Identification Number) is 23-6680399. IRS Form 990 filing data is available on this page for 2020–2024.

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

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