Raymond and Velma Frank Charitable Trust
Raymond and Velma Frank Charitable Trust is a private foundation focused on Environment, based in Fort Worth, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $614K in total assets. In 2025, it awarded 6 grants totaling $30K. Net investment income was $53K.
Key facts about Raymond and Velma Frank Charitable Trust
In short: Raymond and Velma Frank Charitable Trust gave $30K across 6 grants in 2025 (avg $5K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- EIN
- 75-6558076
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $30,000
- Grants made (2025)
- 6
- Average grant
- $5,000
- Median grant
- $5,000
- Total assets
- $614,091
- Primary geography
- Texas (67% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated October 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$614K
+5.6% YoY
Annual Giving
$30K
+0.0% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$5K
+0.0% YoY
Under IRS private-foundation payout rules, Raymond and Velma Frank Charitable Trust reported a distributable amount of $29K for 2025 — the minimum it must pay out in qualifying distributions.
How Raymond and Velma Frank Charitable Trust gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 128% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $30K (2021) to $34K (2020). In 2025 it made 6 grants totaling $30K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was American National Red Cross ($5K). Together the top 6 received $30K.
Grant Size Distribution
30 grants across all recorded years
The most common grant size was under $50K: 30 grants of 30 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American National Red Cross Washington, DC | Unrestricted Donation | $5,000 |
| First United Methodist Church Fort Worth, TX | Unrestricted Donation | $5,000 |
| Humane Society of North TX Inc Fort Worth, TX | Unrestricted Donation | $5,000 |
| Save the Children Federation Fairfield, CT | Unrestricted Donation | $5,000 |
| The Salvation Army of Ft Worth TX Dallas, TX | Unrestricted Donation | $5,000 |
| W I Cook Foundation Fort Worth, TX | Unrestricted Donation | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $614,091 | $581,549 | $563,432 |
| Revenue | $55,145 | $39,116 | $26,214 |
| Expenses | $39,830 | $39,059 | $38,261 |
| Qualifying Distributions | $36,592 | $36,584 | $36,105 |
| Net Investment Income | $52,587 | $36,941 | $24,058 |
| Distributable Amount | $28,639 | $28,187 | $26,407 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 4, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
Leadership & Key People
Officers and directors from IRS filings
Raymond and Velma Frank Charitable Trust's only listed officer is Frost Bank, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
Frost Bank
Trustee
On filings since 2020
5 hrs/week
$7K (2020) → $8K (2025)
Data from IRS Form 990 filings, 2020–2025. "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 $8K, to Frost Bank (Trustee).
Frequently asked questions about Raymond and Velma Frank Charitable Trust
How much does Raymond and Velma Frank Charitable Trust give each year?
Raymond and Velma Frank Charitable Trust gave $30K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $30K across 6 grants.
What is Raymond and Velma Frank Charitable Trust's typical grant size?
Raymond and Velma Frank Charitable Trust's median grant in 2025 was $5,000, and its average grant was $5,000, across 6 grants on its 2025 IRS Form 990-PF.
Where does Raymond and Velma Frank Charitable Trust give grants?
Raymond and Velma Frank Charitable Trust gives mostly in Texas: 67% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (17%) and Connecticut (17%). The most frequent recipient cities were Fort Worth, TX (3 grants).
Does Raymond and Velma Frank Charitable Trust give general operating support?
Yes: 100% of Raymond and Velma Frank Charitable Trust's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Raymond and Velma Frank Charitable Trust's largest grantees?
Raymond and Velma Frank Charitable Trust's largest 2025 grantees include American National Red Cross ($5,000), First United Methodist Church ($5,000) and Humane Society of North TX Inc ($5,000), according to its 2025 IRS Form 990-PF. Together they received 50% of its itemized 2025 grant dollars.
How large is Raymond and Velma Frank Charitable Trust?
Raymond and Velma Frank Charitable Trust reported $614K in total assets on its 2025 IRS Form 990-PF. It paid out $37K in qualifying distributions that year, against a required minimum of $29K (roughly 5% of its investment assets).
What is Raymond and Velma Frank Charitable Trust?
Raymond and Velma Frank Charitable Trust is a private foundation focused on Environment, based in Fort Worth, TX. It holds $614K in total assets as of 2025.
What is Raymond and Velma Frank Charitable Trust's EIN?
Raymond and Velma Frank Charitable Trust's EIN (Employer Identification Number) is 75-6558076. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
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