Mildred & Charles Wolverton Scholarship Trust
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 grant totaling $555K. Net investment income was $136K.
Mildred & Charles Wolverton Scholarship Trust at a glance
In short: Mildred & Charles Wolverton Scholarship Trust gave $555K across 1 grant in 2025 (avg $555K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $555,008
- +3600.1% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $555,008
- +3600.1% vs 2024
- Median grant
- $555,008
- Primary geography
- California (100% 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 & Charles Wolverton Scholarship Trust funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Mildred & Charles Wolverton Scholarship Trust gives
- Giving grew 3165% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). 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
From 2021 to 2025, annual grant giving ranged from $10K (2021) to $555K (2025). In 2025 it made 1 grant totaling $555K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $555,008 |
Ready to take the next step with Mildred & Charles Wolverton Scholarship Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | — | $139,763 | $576,788 | $555,008 | 1 | $570,527 | $136,274 | $25,167 |
| 2024 | $448,708 | $14,994 | $23,974 | $15,000 | 1 | $18,352 | $8,055 | $25,147 |
| 2023 | $447,115 | $-9,592 | $39,744 | $23,000 | 1 | $32,335 | $4,513 | $23,904 |
| 2022 | $491,107 | $92,351 | $27,377 | $17,000 | 1 | $20,732 | $85,570 | $26,933 |
| 2021 | $489,016 | $38,745 | $19,980 | $10,000 | 1 | — | $33,052 | $26,327 |
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.
Leadership & Key People
Officers and directors from IRS filings
Mildred & Charles Wolverton Scholarship Trust's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2022
1 hr/week
$8K (2022) → $3K (2025)
Former officers (1)
- Former: Bank Of America N A (2021) — Trustee
Data from IRS Form 990 filings, 2021–2025. "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
The highest reported compensation on the 2025 filing was $3K, to Bank of America (Trustee).
Frequently asked questions about Mildred & Charles Wolverton Scholarship Trust
How much does Mildred & Charles Wolverton Scholarship Trust give each year?
Mildred & Charles Wolverton Scholarship Trust gave $555K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15K across 1 grant.
Where does Mildred & Charles Wolverton Scholarship Trust operate?
Mildred & Charles Wolverton Scholarship Trust has awarded grants in California.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 19, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 31, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 27, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 1, 2024)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Mildred & Charles Wolverton Scholarship Trust's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Kruger Family Foundation Inc
Incline Village, NV
The foundation gave $47,500 across 10 grants in 2024, typically $2,500–$5,000, for general support to organizations in areas including mentoring, higher education, cancer research, animal welfare, conservation, fire services, and agriculture. Its grants went to recipients in multiple states, with California receiving the largest share. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$1.4M
Grants
10
Total Given
$48K
Community Foundation of Western Pennsylvania and Eastern Ohio
Sharon, PA
The Community Foundation of Western PA & Eastern OH supports charitable programs in areas such as health, education, human services, arts, and community development. It serves Mercer and Lawrence counties in Pennsylvania and Trumbull County, Ohio; its 2024 grants had a median of $17,750, with amounts ranging from $5,050 to $609,507. It accepts unsolicited requests through a Letter of Intent, with full applications by invitation.
Assets
$153.0M
Grants
358
Total Given
$11.3M
RSM US Foundation
Davenport, IA
The RSM US Foundation funds youth education and programs addressing hunger, housing, and health challenges, along with related scholarships, disaster relief, and employee-volunteer grants. Its 2024 grants ranged from $5,255 to $257,835, with a median of $21,534, and were distributed across the United States, with some Power of Love support reaching other countries. The profile does not state whether it accepts unsolicited requests.
Assets
$17.5M
Grants
165
Total Given
$5.5M
Jacks Mabel W - Tuw
Saint Louis, MO
Assets
$165K
Grants
6
Total Given
$13K
The John J & Frank Sparacio Foundation
Pennington, NJ
The foundation supports community-rooted nonprofits working in areas including animal welfare, Christian and Catholic organizations, environmental stewardship, midwifery, Indigenous communities, and Palestine, in selected U.S. communities and internationally. Most grants are $1,000–$50,000; it awards grants by invitation and does not accept unsolicited requests, though inquiries are welcome.
Assets
$15.5M
Grants
24
Total Given
$770K
MPS Charitable Foundation
Kirkland, WA
Assets
$40.8M
Grants
9
Total Given
$422K
More similar funders
More Funders in Texas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Mildred & Charles Wolverton Scholarship 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.
Mildred & Charles Wolverton Scholarship Trust down — hundreds of funders to go?