Myrtle O Sargent Trust

Private foundation · Grantmaker Dallas, TX EIN: 59-6192495

Myrtle O Sargent Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2024. In 2024, it awarded 5 grants totaling $271K. Net investment income was $35K.

Key facts about Myrtle O Sargent Trust

In short: Myrtle O Sargent Trust gave $271K across 5 grants in 2024 (avg $54K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
59-6192495
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$270,710
Grants made (2024)
5
Average grant
$54,142
Median grant
$4,500
Primary geography
New York (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · Covers 20 months (fiscal year-end changed) · View filing

Total Assets

—

Annual Giving

$271K

Grant Count

5

Avg Grant Size

$54K

Under IRS private-foundation payout rules, Myrtle O Sargent Trust reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

How Myrtle O Sargent Trust gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 5 itemized grants.

States

Cities

AlfredCorningJasperBataviaBuffaloCobleskillSyracuse

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grant2020 1 grant2021 2 grants2022 1 grant2023 5 grants2024* Covers 20 months (fiscal year-end changed)

From 2020 to 2024, annual grant giving ranged from $6K (2020) to $271K (2024, 20 months). In 2024 it made 5 grants totaling $271K.

*2024: Covers 20 months (fiscal year-end changed).

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Jasper-Troupsburg High School: $259K across 2 grantsJasper-Troupsburg High School$259K · 2 grantsAlfred State College: $5KAlfred State College$5KUniversity at Buffalo State University of New York: $5KUniversity at Buffalo StateUniversity of New York$5KSUNY Cobleskill: $3KSUNY Cobleskill$3K

The largest 2024 recipient was Jasper-Troupsburg High School ($259K across 2 grants). Together the top 4 received $271K.

Grant Size Distribution

10 grants across all recorded years

9<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 10 (90%).

Giving History

Grant recipients and amounts by year

*2024: Covers 20 months (fiscal year-end changed).

RecipientPurposeAmount
Jasper-Troupsburg High School Jasper, NYEducation/Scholarship$255,000
Alfred State College Alfred, NYEducation/Scholarship$4,500
University at Buffalo State University of New York Buffalo, NYEducation/Scholarship$4,500
Jasper-Troupsburg High School Jasper, NYEducation/Scholarship$3,710
SUNY Cobleskill Cobleskill, NYUnrestricted General$3,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024* Covers 20 months (fiscal year-end changed)

*2024: Covers 20 months (fiscal year-end changed).

Metric2024*20232022
Total Assets—$244,307$267,043
Revenue$38,979$-2,165$65,265
Expenses$283,415$18,804$15,699
Qualifying Distributions$279,643$15,389$14,011
Net Investment Income$35,192$3,618$63,526
Distributable Amount$11,470$11,930$13,422

*2024: Covers 20 months (fiscal year-end changed).

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 12, 2020)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 24, 2021)
  3. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 20, 2025)
  4. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Myrtle O Sargent Trust's only listed officer is Bank Of America, Trustee on every filing since 2022 (uncompensated).

Officers on the 2024 filing

  • Bank Of America

    Trustee

    On filings since 2022

    1 hr/week

    $1K (2022) → $0 (2024)

Former officers (1)
  • Former: Bank Of America N A (2020–2021) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Bank of America — Trustee: $1KBank of AmericaTrustee$1K

The highest reported compensation on the 2023 filing was $1K, to Bank of America (Trustee).

Frequently asked questions about Myrtle O Sargent Trust

How much does Myrtle O Sargent Trust give each year?

Myrtle O Sargent Trust gave $271K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. The 2024 filing year covers 20 months because its fiscal year-end changed. In 2023 it gave $9K across 1 grant.

What is Myrtle O Sargent Trust's typical grant size?

Myrtle O Sargent Trust's median grant in 2024 was $4,500, and its average grant was $54,142, across 5 grants on its 2024 IRS Form 990-PF.

Where does Myrtle O Sargent Trust give grants?

Myrtle O Sargent Trust gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Jasper, NY (2 grants).

Does Myrtle O Sargent Trust give general operating support?

Yes: 20% of Myrtle O Sargent Trust's 2024 grants with a stated purpose (1 of 5) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Education/Scholarship" (4 grants).

Who are Myrtle O Sargent Trust's largest grantees?

Myrtle O Sargent Trust's largest 2024 grantees include Jasper-Troupsburg High School ($258,710 across 2 grants), Alfred State College ($4,500) and University at Buffalo State University of New York ($4,500), according to its 2024 IRS Form 990-PF. Together they received 99% of its itemized 2024 grant dollars.

How much is Myrtle O Sargent Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Myrtle O Sargent Trust reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Myrtle O Sargent Trust's EIN?

Myrtle O Sargent Trust's EIN (Employer Identification Number) is 59-6192495. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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