Pontiac Public Library Trust

Foundation · Grantmaker Dallas, TX EIN: 05-6004734

Pontiac Public Library Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 1 grant totaling $104K. Net investment income was $199K.

Key facts about Pontiac Public Library Trust

EIN
05-6004734
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$104,120
Grants made (2024)
1
Average grant
$104,120
Median grant
$104,120
Total assets
$2,874,568
Primary geography
Rhode Island (100% of itemized 2024 grant dollars)

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

How Pontiac Public Library Trust gives

  • Giving held roughly steady from 2021 to 2024 (−11%). Method
  • In 2024 it paid out 110% of its IRS minimum distribution (the 5% rule). Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.9M

+2.3% YoY

Annual Giving

$104K

+8.1% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$104K

+8.1% YoY

Under IRS private-foundation payout rules, Pontiac Public Library Trust reported a distributable amount of $122K for 2024 — the minimum it must pay out in qualifying distributions.

About Pontiac Public Library Trust

Based on IRS filings

Pontiac Public Library Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 1 grant totaling $104K. Net investment income was $199K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

Warwick

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$136K$272K$408K$543K20202021202220232024
Metric202420232022
Total Assets$2,874,568$2,810,108$2,921,463
Revenue$221,514$40,860$-10,925
Expenses$154,712$151,616$190,197
Qualifying Distributions$134,050$133,646$153,765
Net Investment Income$199,299$37,400$18,896
Distributable Amount$121,595$115,364$119,103

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$30K$61K$91K$122K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Pontiac Free Library Association: $104KPontiac Free LibraryAssociation$104K

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Pontiac Free Library Association ($104,120).

RecipientPurposeAmount
PONTIAC FREE LIBRARY ASSOCIATION Warwick, RIUNRESTRICTED GENERAL$104,120

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Bank of America — Trustee: $26KBank of AmericaTrustee$26K

From 2024 IRS filing

NameTitleHoursCompensation
Bank of AmericaTrustee1$26,003
Henry H MeyerCo-Ttee5—
Marion McCollom HamptonCo-Ttee5—

Frequently Asked Questions

How large is Pontiac Public Library Trust?

As of 2024, Pontiac Public Library Trust holds $2.9M in total assets with $222K in annual revenue. It awarded 1 grant totaling $104K in 2024.

Where does Pontiac Public Library Trust operate?

Pontiac Public Library Trust has awarded grants in Rhode Island.

What size grants does Pontiac Public Library Trust award?

In 2024, Pontiac Public Library Trust awarded 1 grant totaling $104K — an average of about $104K per grant, based on its IRS Form 990 filings.

How much is Pontiac Public Library Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pontiac Public Library Trust reported a distributable amount of $122K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Pontiac Public Library Trust's EIN?

Pontiac Public Library Trust's EIN (Employer Identification Number) is 05-6004734. 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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