Mildred & Charles Wolverton Scholarship Trust

DALLAS, TX EIN: 95-6855392

Mildred & Charles Wolverton Scholarship Trust is a private foundation, based in DALLAS, TX. IRS filing data is available from 2021 through 2025. In 2025, it awarded 1 grants totaling $555K. Net investment income was $136K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$555K

+3600.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$555K

+3600.1% YoY

Under IRS private-foundation payout rules, Mildred & Charles Wolverton Scholarship Trust reported a distributable amount of $25K for 2025 — the minimum it must pay out in qualifying distributions.

About Mildred & Charles Wolverton Scholarship Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $620K (100%)

States

California

Cities

San Luis Obispo

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	—	$448,708	$447,115
Revenue	$139,763	$14,994	$-9,592
Expenses	$576,788	$23,974	$39,744
Qualifying Distributions	$570,527	$18,352	$32,335
Net Investment Income	$136,274	$8,055	$4,513
Distributable Amount	$25,167	$25,147	$23,904

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include California Polytechnic State University ($555,008).

Recipient	Purpose	Amount
CALIFORNIA POLYTECHNIC STATE UNIVERSITY SAN LUIS OBISPO, CA	SCHOLARSHIPS	$555,008

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$2,553

Frequently Asked Questions

Where does Mildred & Charles Wolverton Scholarship Trust operate?

Mildred & Charles Wolverton Scholarship Trust has awarded grants in California.

What size grants does Mildred & Charles Wolverton Scholarship Trust award?

In 2025, Mildred & Charles Wolverton Scholarship Trust awarded 1 grants totaling $555K — an average of about $555K per grant, based on its IRS Form 990 filings.

How much is Mildred & Charles Wolverton Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Mildred & Charles Wolverton Scholarship Trust reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mildred & Charles Wolverton Scholarship Trust's EIN?

Mildred & Charles Wolverton Scholarship Trust's EIN (Employer Identification Number) is 95-6855392. IRS Form 990 filing data is available on this page for 2021–2025.