Rachel Lyman Charitable Trust

Private foundation · Grantmaker Dallas, TX EIN: 52-7114493

The Rachel Lyman Charitable Trust is a private foundation based in Dallas, Texas. In 2025, it made 30 grants totaling $798,598 to charitable organizations, including organizations in Texas, Tennessee, California, and Arizona.

Key facts about Rachel Lyman Charitable Trust

In short: Rachel Lyman Charitable Trust gave $799K across 30 grants in 2025 (avg $27K), mostly in Texas. 7% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
52-7114493
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$798,598
Grants made (2025)
30
Average grant
$26,620
Median grant
$8,423
New grantees (estimate)
7% first-time grantees (2 of 30, 2025)
Total assets
$9,876,742
Primary geography
Texas (56% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The trust states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$9.9M

-2.9% YoY

Annual Giving

$799K

+10.6% YoY

Grant Count

30

-3.2% YoY

Avg Grant Size

$27K

+14.3% YoY

Under IRS private-foundation payout rules, Rachel Lyman Charitable Trust reported a distributable amount of $883K for 2025 — the minimum it must pay out in qualifying distributions.

Is Rachel Lyman Charitable Trust open to new grantees?

7%

first-time grantees, 2025

In 2025, 2 of 30 grantees (7%) were first-time recipients. First grants averaged $64K; repeat grants $24K. How we count

Medians: $64K first-time, $7K repeat.

  • 93% of 2025 grantees were also funded in 2024. Method
  • Giving fell 28% from 2022 to 2025. Method
  • In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the trust is provided. Its grants went to organizations with varied purposes. For example, the University of the South describes its work as providing a high-quality liberal arts education and educating people for service in the Episcopal Church. High Sky Children’s Ranch says it works to heal abused children and promote family wholeness, while West Texas Boys Ranch describes providing year-round family housing and care for disadvantaged boys in Texas.

Other 2025 recipients include Guide Dogs for the Blind, which says it empowers lives through partnerships between people, dogs, and communities; Hospice of Midland, which describes providing care for patients and families; and Midland College Foundation, which supports Midland College’s educational goals and students.

Grantmaking

In 2025, the trust made 30 grants totaling $798,598. Grant amounts ranged from $1,605 to $120,326, with a median of $8,423.

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Geographic Focus

Where this funder awards grants

In 2025, Texas organizations received 56% of grant dollars, Tennessee organizations 25%, California organizations 10%, Arizona organizations 6%, and Oklahoma organizations 2%.

Grant Distribution by State

8states

Share of all 30 itemized 2025 grant dollars.

Cities

MidlandScottsdaleDallasAmblerApple SpringsAustinBaltimoreFort WorthHoustonMemphisMesaOklahoma CityPhoenixRochesterSan AngeloSan RafaelSewaneeTemple

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M30 grants202130 grants202230 grants202331 grants202430 grants2025

From 2021 to 2025, annual grant giving ranged from $576K (2023) to $1.1M (2022). In 2025 it made 30 grants totaling $799K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

University of the South: $120KUniversity of the South$120KSt Jude's Childrens Research Hospital: $80KSt Jude's Childrens ResearchHospital$80KWest Texas Boys Ranch: $80KWest Texas Boys Ranch$80KHigh Sky Children's Ranch Inc: $80KHigh Sky Children's Ranch Inc$80KGuide Dogs for the Blind Inc: $80KGuide Dogs for the Blind Inc$80KSt Luke's Health Medical Center: $48KSt Luke's Health MedicalCenter$48KEpiscopal Church of the Holy Trinity: $40KEpiscopal Church of the HolyTrinity$40KHospice of Midland Inc: $40KHospice of Midland Inc$40KCalvary Baptist Church: $40KCalvary Baptist Church$40KEpiscopal Church of St Barnabas: $40KEpiscopal Church of StBarnabas$40K

The largest 2025 recipient was University of the South ($120K). Together the top 10 received $650K.

Grant Size Distribution

151 grants across all recorded years

120<$50K22$50–100K9$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 120 grants of 151 (79%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of the South Sewanee, TNUnrestricted General$120,326
St Jude's Childrens Research Hospital Memphis, TNUnrestricted General$80,217
West Texas Boys Ranch San Angelo, TXUnrestricted General$80,217
High Sky Children's Ranch Inc Midland, TXUnrestricted General$80,217
Guide Dogs for the Blind Inc San Rafael, CAUnrestricted General$80,217
St Luke's Health Medical Center Houston, TXUnrestricted General$48,131
Episcopal Church of the Holy Trinity Midland, TXUnrestricted General$40,109
Hospice of Midland Inc Midland, TXUnrestricted General$40,109
Calvary Baptist Church Apple Springs, TXUnrestricted General$40,109
Episcopal Church of St Barnabas Scottsdale, AZUnrestricted General$40,109

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $9,876,742 $659,468 $952,591 $798,598
2024 $10,170,779 $450,663 $879,419 $721,877
2023 $10,600,121 $1,568,234 $708,250 $575,688
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M20212022202320242025
Metric202520242023
Total Assets$9,876,742$10,170,779$10,600,121
Revenue$659,468$450,663$1,568,234
Expenses$952,591$879,419$708,250
Qualifying Distributions$856,789$775,569$626,498
Net Investment Income$568,191$377,056$1,485,441
Distributable Amount$882,657$822,119$764,128

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Leadership team and compensation from IRS filings

Bank of America is listed as trustee on the 2025 filing.

Rachel Lyman Charitable Trust's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2022

    1 hr/week

    $135K (2022) → $144K (2025)

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

Data from IRS Form 990 filings, 2021–2025. "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

Bank of America — Trustee: $144KBank of AmericaTrustee$144K

The highest reported compensation on the 2025 filing was $144K, to Bank of America (Trustee).

Contact

Mailing address: PO Box 653067, Dallas, TX 75265-3067
Phone: (888) 866-3275

Frequently asked questions about Rachel Lyman Charitable Trust

How much does Rachel Lyman Charitable Trust give each year?

Rachel Lyman Charitable Trust gave $799K across 30 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $722K across 31 grants.

What is Rachel Lyman Charitable Trust's typical grant size?

Rachel Lyman Charitable Trust's median grant in 2025 was $8,423, and its average grant was $26,620, across 30 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Rachel Lyman Charitable Trust that year got $64K on average.

Where does Rachel Lyman Charitable Trust give grants?

Rachel Lyman Charitable Trust gives mostly in Texas: 56% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Tennessee (25%) and California (10%). The most frequent recipient cities were Midland, TX (12 grants), Scottsdale, AZ (2 grants) and Dallas, TX (2 grants).

Does Rachel Lyman Charitable Trust give general operating support?

Yes: 100% of Rachel Lyman Charitable Trust's 2025 grants with a stated purpose (30 of 30) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Rachel Lyman Charitable Trust's largest grantees?

Rachel Lyman Charitable Trust's largest 2025 grantees include University of the South ($120,326), St Jude's Childrens Research Hospital ($80,217) and West Texas Boys Ranch ($80,217), according to its 2025 IRS Form 990-PF. Together they received 35% of its itemized 2025 grant dollars.

How large is Rachel Lyman Charitable Trust?

Rachel Lyman Charitable Trust reported $9.9M in total assets on its 2025 IRS Form 990-PF. It paid out $857K in qualifying distributions that year, against a required minimum of $883K (roughly 5% of its investment assets).

What does Rachel Lyman Charitable Trust fund?

No mission statement for the trust is provided. Its grants went to organizations with varied purposes. For example, the University of the South describes its work as providing a high-quality liberal arts education and educating people for service in the Episcopal Church. See mission & focus areas ↑

How do I apply for a grant from Rachel Lyman Charitable Trust?

The trust states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Rachel Lyman Charitable Trust's EIN?

Rachel Lyman Charitable Trust's EIN (Employer Identification Number) is 52-7114493. IRS Form 990 filing data is available on this page for 2021–2025.

Does Rachel Lyman Charitable Trust accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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