Norman H Read 1985 Trust

AMARILLO, TX EIN: 75-2622754

Norman H Read 1985 Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AMARILLO, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $70.2M in total assets. In 2025, it awarded 4 grants totaling $6.9M. Net investment income was $9.1M.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$70.2M

+2.5% YoY

Annual Giving

$6.9M

+15.0% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$1.7M

+15.0% YoY

About Norman H Read 1985 Trust

Based on IRS filings

Norman H Read 1985 Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AMARILLO, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $70.2M in total assets. In 2025, it awarded 4 grants totaling $6.9M. Net investment income was $9.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

BostonBrooklineSalem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20212022202320242025
Metric202520242023
Total Assets$70,192,060$68,461,566$65,512,491
Revenue$9,952,525$10,276,129$11,265,304
Expenses$8,222,031$7,327,054$6,775,582
Qualifying Distributions$7,197,314$6,258,737$5,760,441
Net Investment Income$9,052,863$9,385,240$10,376,194
Distributable Amount$7,102,100$6,321,409$5,867,198

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$7M4 grants20214 grants20224 grants20234 grants20244 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

ADVANCED MEDICAL RESEARCH$3.5MSALEM PUBLIC SCHOOLS$1.4MMASS GENERAL BRIGHAM$1.3MSALEM ACADEMY CHARTER SC…$757K

Grant Size Distribution

20 grants across all recorded years

<$50K$50–100K$100–250K$250–500K5$500K–1M15$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
NILE L ALBRIGHTCO-TRUSTEE10

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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