Milton E Daniel Trust
Milton E Daniel Trust is a private foundation focused on Education, based in Dallas, TX. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $57.5M in total assets. In 2026, it awarded 1 grant totaling $3.4M. Net investment income was $5.5M.
Milton E Daniel Trust at a glance
In short: Milton E Daniel Trust gave $3.4M across 1 grant in 2026 (avg $3.4M), mostly in Texas. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $3,369,644
- +7.6% vs 2025
- Grants made (2026)
- 1
- +0.0% vs 2025
- Average grant
- $3,369,644
- +7.6% vs 2025
- Median grant
- $3,369,644
- Total assets
- $57,538,696
- +3.4% vs 2025
- Primary geography
- Texas (100% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Milton E Daniel Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2026
The largest 2026 recipient was Texas Christian University ($3.4M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2026 grant dollars on its one itemized grant.
States
Cities
How Milton E Daniel Trust gives
- Giving held roughly steady from 2023 to 2026 (+0%). Method
- In 2026 it paid out 94% 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
From 2021 to 2026, annual grant giving ranged from $2.9M (2021) to $3.4M (2026). In 2026 it made 1 grant totaling $3.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Texas Christian University Fort Worth, TX | Unrestricted General | $3,369,644 |
Ready to take the next step with Milton E Daniel 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 |
|---|---|---|---|---|---|---|---|---|
| 2026 | $57,538,696 | $5,874,839 | $3,977,405 | $3,369,644 | 1 | $3,530,607 | $5,483,677 | $3,741,799 |
| 2025 | $55,658,713 | $4,003,689 | $3,735,328 | $3,131,168 | 1 | $3,289,493 | $3,610,797 | $3,528,019 |
| 2024 | $55,397,715 | $5,839,222 | $3,642,313 | $3,050,598 | 1 | $3,196,238 | $5,464,673 | $3,276,760 |
| 2023 | $53,206,413 | $2,255,624 | $3,899,025 | $3,361,620 | 1 | $3,510,570 | $1,876,920 | $3,199,547 |
| 2022 | $54,906,484 | $5,933,992 | $3,747,102 | $3,114,479 | 1 | $3,274,772 | $5,548,129 | $3,521,913 |
| 2021 | $52,654,073 | $4,310,688 | $3,387,765 | $2,892,827 | 1 | — | $3,990,342 | $3,253,299 |
Under IRS private-foundation payout rules, Milton E Daniel Trust reported a distributable amount of $3.7M for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Milton E Daniel Trust's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).
Officers on the 2026 filing
Bank Of America
Trustee
On filings since 2022
1 hr/week
$399K (2022) → $400K (2026)
Former officers (1)
- Former: Bank Of America N A (2021) — Trustee
Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $400K, to Bank of America (Trustee).
Frequently asked questions about Milton E Daniel Trust
How much does Milton E Daniel Trust give each year?
Milton E Daniel Trust gave $3.4M across 1 grant in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $3.1M across 1 grant.
How large is Milton E Daniel Trust?
Milton E Daniel Trust reported $57.5M in total assets on its 2026 IRS Form 990-PF. It paid out $3.5M in qualifying distributions that year, against a required minimum of $3.7M (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 Milton E Daniel Trust?
Milton E Daniel Trust is a private foundation focused on Education, based in Dallas, TX. It holds $57.5M in total assets as of 2026.
Where does Milton E Daniel Trust operate?
Milton E Daniel Trust has awarded grants in Texas.
What is Milton E Daniel Trust's EIN?
Milton E Daniel Trust's EIN (Employer Identification Number) is 75-0989260. IRS Form 990 filing data is available on this page for 2021–2026.
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
- Added Form 990-PF for fiscal year 2026 (received by the IRS June 26, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Milton E Daniel Trust funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Milton E Daniel Trust's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Curtis Foundation Inc
Longview, TX
Assets
$380K
Grants
3
Total Given
$21K
James H Davis Foundation Inc
Ft Worth, TX
Assets
$127K
Grants
3
Total Given
$5K
The Rosewood Foundation
Dallas, TX
The Rosewood Foundation supports arts, education, environmental conservation, healthcare, and poverty alleviation, primarily through program grants aimed at improving quality of life in the Dallas area. Its stated award range is $2,500–$10,000, and it funds only preselected organizations, not unsolicited requests.
Assets
$19K
Grants
3
Total Given
$6K
Roy Scholarship Trust
Birmingham, AL
Assets
$522K
Grants
5
Total Given
$32K
Kelly & Jeff Dillard Family Foundation
Fort Worth, TX
Assets
$59K
Grants
5
Total Given
$1.8M
James W and Frances M Ackerman Charitable Foundation
Fort Dodge, IA
Assets
$786K
Grants
7
Total Given
$33K
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 Milton E Daniel 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.
Milton E Daniel Trust down — hundreds of funders to go?