Minerva Club Trust Fund Inc

SANTA MARIA, CA EIN: 77-0562319

Minerva Club Trust Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA MARIA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $275K in total assets. In 2024, it awarded 9 grants totaling $16K. Net investment income was $19K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$275K

+0.3% YoY

Annual Giving

$16K

-7.7% YoY

Grant Count

9

+28.6% YoY

Avg Grant Size

$2K

-28.2% YoY

Under IRS private-foundation payout rules, Minerva Club Trust Fund Inc reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.

About Minerva Club Trust Fund Inc

Based on IRS filings

Minerva Club Trust Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA MARIA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $275K in total assets. In 2024, it awarded 9 grants totaling $16K. Net investment income was $19K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

BerkeleyCamarilloCambridgeCarsonCollege StationDallasDavisFresnoLong BeachLos AngelesLynchburgManhattanPensacolaRiversideSan DiegoSan Luis ObispoSanta BarbaraSanta ClaraSanta ClaritaSanta Cruz

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$11K$23K$34K$46K20202021202220232024
Metric202420232022
Total Assets$275,499$274,549$283,947
Revenue$21,970$13,033$9,897
Expenses$21,020$22,431$24,643
Qualifying Distributions$15,600$16,900$18,200
Net Investment Income$18,598$9,645$9,040
Distributable Amount$15,869$14,954$16,279

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$9K$14K$18K9 grants20209 grants202110 grants20227 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

ALLAN HANCOCK COLLEGE$2KCAL POLY$2KUC DAVIS$2KUCLA$2KUC SANTA CRUZ$1KCAL BAPTIST UNIVERSITY$1KCAL LUTHERAN UNIVERSITY$1KCAL STATE UNIVERSITY-LON…$1KUC SANTA BARBARA$1K

Grant Size Distribution

44 grants across all recorded years

44<$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 Allan Hancock College ($2,400), Cal Poly ($2,400), Uc Davis ($2,400).

RecipientPurposeAmount
ALLAN HANCOCK COLLEGE SANTA MARIA, CASCHOLARSHIP$2,400
CAL POLY SAN LUIS OBISPO, CASCHOLARSHIP$2,400
UC DAVIS DAVIS, CASCHOLARSHIP$2,400
UC SANTA CRUZ SANTA CRUZ, CASCHOLARSHIP$1,200
UCLA LOS ANGELES, CASCHOLARSHIP$2,400
CAL BAPTIST UNIVERSITY RIVERSIDE, CASCHOLARSHIP$1,200
CAL LUTHERAN UNIVERSITY THOUSAND OAKS, CASCHOLARSHIP$1,200
CAL STATE UNIVERSITY-LONG BEACH LONG BEACH, CASCHOLARSHIP$1,200
UC SANTA BARBARA SANTA BARBARA, CASCHOLARSHIP$1,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KAREN DALLYSECRETARY10
KAREN DRAPERTREASURER10
LISA WESNERPRESIDENT10
VONDA DAMORETRUSTEE10
SHELLEY KLEINTRUSTEE10
LESLIE MOSSONTRUSTEE10

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Minerva Club Trust Fund Inc?

Minerva Club Trust Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA MARIA, CA. It holds $275K in total assets as of 2024.

How large is Minerva Club Trust Fund Inc?

As of 2024, Minerva Club Trust Fund Inc holds $275K in total assets with $22K in annual revenue. It awarded 9 grants totaling $16K in 2024.

Where does Minerva Club Trust Fund Inc operate?

Minerva Club Trust Fund Inc has awarded grants in California, Florida, Kansas, Massachusetts, Texas, Virginia, Wisconsin.

What size grants does Minerva Club Trust Fund Inc award?

In 2024, Minerva Club Trust Fund Inc awarded 9 grants totaling $16K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Minerva Club Trust Fund Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Minerva Club Trust Fund Inc reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Minerva Club Trust Fund Inc's EIN?

Minerva Club Trust Fund Inc's EIN (Employer Identification Number) is 77-0562319. 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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