Mildred Alderson Trust

Private foundation · Grantmaker Richmond, VA EIN: 54-6426438

Mildred Alderson Trust is a private foundation focused on Education, based in Richmond, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $194K in total assets. In 2025, it awarded 2 grants totaling $11K. Net investment income was $17K.

Mildred Alderson Trust at a glance

In short: Mildred Alderson Trust gave $11K across 2 grants in 2025 (avg $6K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$11,289
+10.6% vs 2024
Grants made (2025)
2
+0.0% vs 2024
Average grant
$5,645
+10.6% vs 2024
Median grant
$5,645
Total assets
$193,653
+3.0% vs 2024
Primary geography
Massachusetts (50% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who Mildred Alderson Trust funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Massachusetts Institute of Technolo: $6KMassachusetts Institute ofTechnolo$6K

The largest 2025 recipient was Massachusetts Institute of Technolo ($6K).

Organizations only. It also paid 1 individual scholarship ($5,644), which are not listed by name.

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 12 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

CambridgeChicagoDaytona BeachPasadenaWashington

How Mildred Alderson Trust gives

  • Giving held roughly steady from 2022 to 2025 (−8%). Method
  • In 2025 it paid out 87% 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K2 grants2020 2 grants2021 4 grants2022 2 grants2023 2 grants2024 2 grants2025

From 2020 to 2025, annual grant giving ranged from $10K (2024) to $12K (2022). In 2025 it made 2 grants totaling $11K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Massachusetts Institute of Technolo Cambridge, MAScholarship$5,645
1 individual scholarship Recipients not named —$5,644
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$193,653$19,011$13,427$11,2892$11,289$16,962$12,917
2024$188,069$15,024$12,893$10,2112$10,970$13,088$12,048
2023$185,938$7,007$13,015$10,4482$11,221$5,354$10,984
2022$191,946$11,953$14,993$12,2074$12,907$10,117$11,148
2021$194,986$20,006$13,643$10,7132$11,413$17,956$12,907
2020$188,623$14,807$13,543$10,9302—$12,979$11,413

Under IRS private-foundation payout rules, Mildred Alderson Trust reported a distributable amount of $13K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Mildred Alderson Trust is led by Everbless, Institutional Trustee on every filing since 2022 — the only officer listed, and compensated.

Officers on the 2025 filing

  • Everbless

    Institutional Trustee

    On filings since 2022

    1 hr/week

    $2K (2022) → $2K (2025)

Former officers (1)
  • Former: Virginia Baptist Foundation (2020–2021) — Institutional 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

Everbless — Institutional Trustee: $2KEverblessInstitutional Trustee$2K

The highest reported compensation on the 2025 filing was $2K, to Everbless (Institutional Trustee).

Frequently asked questions about Mildred Alderson Trust

How much does Mildred Alderson Trust give each year?

Mildred Alderson Trust gave $11K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10K across 2 grants.

How large is Mildred Alderson Trust?

Mildred Alderson Trust reported $194K in total assets on its 2025 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $13K (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.

What is Mildred Alderson Trust?

Mildred Alderson Trust is a private foundation focused on Education, based in Richmond, VA. It holds $194K in total assets as of 2025.

Where does Mildred Alderson Trust operate?

Mildred Alderson Trust has awarded grants in California, District of Columbia, Florida, Illinois, Massachusetts.

What is Mildred Alderson Trust's EIN?

Mildred Alderson Trust's EIN (Employer Identification Number) is 54-6426438. 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.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 11, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Mildred Alderson Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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