Psalmonds Family Foundation Trust

Grantmaker Shreveport, LA EIN: 56-2547230

Psalmonds Family Foundation Trust is a nonprofit organization, based in Shreveport, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $465 in total assets. In 2024, it awarded 3 grants totaling $6K.

Key facts about Psalmonds Family Foundation Trust

In short: Psalmonds Family Foundation Trust gave $6K across 3 grants in 2024 (avg $2K), mostly in Florida. Source: 2024 IRS Form 990 filing.

EIN
56-2547230
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$6,400
Grants made (2024)
3
Average grant
$2,133
Median grant
$1,000
Total assets
$465
Primary geography
Florida (78% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$465

-94.3% YoY

Annual Giving

$6K

-93.4% YoY

Grant Count

3

-66.7% YoY

Avg Grant Size

$2K

-80.2% YoY

How Psalmonds Family Foundation Trust gives

  • Giving fell 95% from 2021 to 2024. Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

ShreveportRedlandsCharlotteRustonWashingtonMilledgevilleMindenMontgomeryWest Palm BeachBaton RougeBelmontBossier CityHammondIndian TrailNew YorkPalm Beach GardensRinggoldSibleyBooneJackson

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K36 grants2020 40 grants2021 11 grants2022 9 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $6K (2024) to $126K (2021). In 2024 it made 3 grants totaling $6K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Place of Hope: $5KPlace of Hope$5KRed River Radio: $1KRed River Radio$1KCommunity Renewal: $400Community Renewal$400

The largest 2024 recipient was Place of Hope ($5K). Together the top 3 received $6K.

Grant Size Distribution

99 grants across all recorded years

97<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 97 grants of 99 (98%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Place of Hope West Palm Beach, FLPlacing Hope INA Childs Future$5,000
Red River Radio Shreveport, LAPublic Radio$1,000
Community Renewal Shreveport, LASafe Refuge Forchildren$400

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$465$8,221$47,094
Revenue$144$60,082$43,037
Expenses$7,900$98,955$36,494
Net Investment Income——$37

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

Psalmonds Family Foundation Trust is led by Joseph Psalmonds, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Joseph Psalmonds

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

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.

Frequently asked questions about Psalmonds Family Foundation Trust

How much does Psalmonds Family Foundation Trust give each year?

Psalmonds Family Foundation Trust gave $6K across 3 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $97K across 9 grants.

What is Psalmonds Family Foundation Trust's typical grant size?

Psalmonds Family Foundation Trust's median grant in 2024 was $1,000, and its average grant was $2,133, across 3 grants on its 2024 IRS Form 990 filing.

Where does Psalmonds Family Foundation Trust give grants?

Psalmonds Family Foundation Trust gives mostly in Florida: 78% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The next largest state was Louisiana (22%). The most frequent recipient cities were Shreveport, LA (2 grants).

Does Psalmonds Family Foundation Trust give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on Psalmonds Family Foundation Trust's 2024 IRS Form 990 filing were described as general or operating support.

How large is Psalmonds Family Foundation Trust?

Psalmonds Family Foundation Trust reported $465 in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $144.

What is Psalmonds Family Foundation Trust's EIN?

Psalmonds Family Foundation Trust's EIN (Employer Identification Number) is 56-2547230. IRS Form 990 filing data is available on this page for 2020–2024.

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

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