Owen G Duncan Unitrust #2
Owen G Duncan Unitrust #2 is a private foundation focused on Education, based in Eagan, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it awarded 2 grants totaling $201K. Net investment income was $137K.
Owen G Duncan Unitrust #2 at a glance
In short: Owen G Duncan Unitrust #2 gave $201K across 2 grants in 2025 (avg $100K), mostly in Wisconsin. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $200,516
- +11.4% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $100,258
- +11.4% vs 2024
- Median grant
- $100,258
- Total assets
- $2,447,878
- -2.8% vs 2024
- Primary geography
- Wisconsin (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 Owen G Duncan Unitrust #2 funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Northland College ($100K). Together the top 2 received $201K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $50–100K range: 6 grants of 10 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Owen G Duncan Unitrust #2 gives
- Giving held roughly steady from 2022 to 2025 (−5%). Method
- In 2025 it paid out 96% 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 2019 to 2025, annual grant giving ranged from $177K (2021) to $212K (2022). In 2025 it made 2 grants totaling $201K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northland College Ashland, WI | Scholarships | $100,258 |
| Carmelite Sisters DCJ Kenosha, WI | General Operating | $100,258 |
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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 | $2,447,878 | $185,903 | $254,724 | $200,516 | 2 | $206,964 | $136,680 | $215,026 |
| 2024 | $2,518,703 | $158,154 | $234,027 | $179,991 | 2 | $186,333 | $111,362 | $206,856 |
| 2023 | $2,597,105 | $202,622 | $236,356 | $187,726 | 2 | $193,673 | $156,846 | $185,938 |
| 2022 | $2,632,682 | $190,516 | $264,737 | $212,120 | 2 | $217,783 | $149,084 | $193,389 |
| 2021 | $2,709,495 | $417,308 | $224,154 | $177,176 | 2 | $183,045 | $374,994 | $217,990 |
| 2020 | $2,520,086 | $212,683 | $221,675 | $180,414 | 2 | — | $172,108 | $181,866 |
| 2019 | $2,529,597 | $382,806 | $225,315 | $177,908 | 2 | — | $346,743 | $184,962 |
Under IRS private-foundation payout rules, Owen G Duncan Unitrust #2 reported a distributable amount of $215K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Owen G Duncan Unitrust #2's only listed officer is US Bank N A, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
US Bank N A
Trustee
On filings since 2019
1 hr/week
$38K (2019) → $49K (2025)
Data from IRS Form 990 filings, 2019–2025. "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 $49K, to US Bank N a (Trustee).
Frequently asked questions about Owen G Duncan Unitrust #2
How much does Owen G Duncan Unitrust #2 give each year?
Owen G Duncan Unitrust #2 gave $201K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $180K across 2 grants.
How large is Owen G Duncan Unitrust #2?
Owen G Duncan Unitrust #2 reported $2.4M in total assets on its 2025 IRS Form 990-PF. It paid out $207K in qualifying distributions that year, against a required minimum of $215K (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 Owen G Duncan Unitrust #2?
Owen G Duncan Unitrust #2 is a private foundation focused on Education, based in Eagan, MN. It holds $2.4M in total assets as of 2025.
Where does Owen G Duncan Unitrust #2 operate?
Owen G Duncan Unitrust #2 has awarded grants in Wisconsin.
What is Owen G Duncan Unitrust #2's EIN?
Owen G Duncan Unitrust #2's EIN (Employer Identification Number) is 39-6550386. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 7, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Owen G Duncan Unitrust #2 funds
Education Open opportunities, soonest deadline first.
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