Ralph W & Grace M Showalter Research Tr

Public charity · Grantmaker Chicago, IL EIN: 23-7313242

To provide for medical and scientific research at Indiana and purdue university

Key facts about Ralph W & Grace M Showalter Research Tr

In short: Ralph W & Grace M Showalter Research Tr gave $2.1M across 2 grants in 2025 (avg $1.1M), mostly in Indiana. Source: 2025 IRS Form 990.

EIN
23-7313242
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$2,105,239
Grants made (2025)
2
Average grant
$1,052,620
Median grant
$1,052,620
Total assets
$46,103,505
Primary geography
Indiana (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$46.1M

+1.8% YoY

Annual Giving

$2.1M

+4.1% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$1.1M

+4.1% YoY

How Ralph W & Grace M Showalter Research Tr gives

  • Giving held roughly steady from 2022 to 2025 (+1%). Method

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

About Ralph W & Grace M Showalter Research Tr

Based on IRS filings

Ralph W & Grace M Showalter Research Tr is a public charity focused on Education, based in Chicago, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $46.1M in total assets. In 2025, it awarded 2 grants totaling $2.1M. Net investment income was $3.3M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

IndianapolisWest Lafayette

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M2 grants2019 2 grants2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $1.9M (2023) to $2.1M (2025). In 2025 it made 2 grants totaling $2.1M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Indiana University School of Medicine: $1.1MIndiana University School ofMedicine$1.1MPurdue University: $1.0MPurdue University$1.0M

The largest 2025 recipient was Indiana University School of Medicine ($1.1M). Together the top 2 received $2.1M.

Grant Size Distribution

10 grants across all recorded years

<$50K$50–100K$100–250K$250–500K5$500K–1M5$1–5M$5M+

The most common grant size was in the $500K–1M range: 5 grants of 10 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Indiana University School of Medicine Indianapolis, INProgram Support$1,063,239
Purdue University West Lafayette, INProgram Support$1,042,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M2019 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$46,103,505$45,303,762$45,259,081
Revenue$3,266,613$2,456,510$2,765,636
Expenses$2,466,900$2,379,066$2,234,369
Net Investment Income$3,266,403$2,456,510$2,765,636

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS April 3, 2020)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS April 5, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS April 7, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS March 5, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS April 8, 2025)
  6. Updated Form 990 for fiscal year 2025 (received by the IRS October 8, 2025)
  7. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Ralph W & Grace M Showalter Research Tr's only listed officer is JP Morgan Chase Bank NA, Trustee on every filing since 2019 (compensated).

Officers on the 2025 filing

  • JP Morgan Chase Bank NA

    Trustee

    On filings since 2019

    5 hrs/week

    $300K (2019) → $310K (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

JP Morgan Chase Bank NA — Trustee: $310KJP Morgan Chase Bank NATrustee$310K

The highest reported compensation on the 2025 filing was $310K, to JP Morgan Chase Bank NA (Trustee).

Frequently asked questions about Ralph W & Grace M Showalter Research Tr

How much does Ralph W & Grace M Showalter Research Tr give each year?

Ralph W & Grace M Showalter Research Tr gave $2.1M across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.0M across 2 grants.

How large is Ralph W & Grace M Showalter Research Tr?

Ralph W & Grace M Showalter Research Tr reported $46.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.3M.

What is Ralph W & Grace M Showalter Research Tr?

Ralph W & Grace M Showalter Research Tr is a public charity focused on Education, based in Chicago, IL. It holds $46.1M in total assets as of 2025.

Where does Ralph W & Grace M Showalter Research Tr operate?

Ralph W & Grace M Showalter Research Tr has awarded grants in Indiana.

What is Ralph W & Grace M Showalter Research Tr's EIN?

Ralph W & Grace M Showalter Research Tr's EIN (Employer Identification Number) is 23-7313242. IRS Form 990 filing data is available on this page for 2019–2025.

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

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