Richard & Florence C Gusman Trust

BAY CITY, TX EIN: 74-6333961

Richard & Florence C Gusman Trust is a private foundation, based in BAY CITY, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $847K in total assets. In 2024, it awarded 11 grants totaling $36K. Net investment income was $37K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$847K

+0.1% YoY

Annual Giving

$36K

+26.6% YoY

Grant Count

11

+0.0% YoY

Avg Grant Size

$3K

+26.6% YoY

About Richard & Florence C Gusman Trust

Based on IRS filings

Richard & Florence C Gusman Trust is a private foundation, based in BAY CITY, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $847K in total assets. In 2024, it awarded 11 grants totaling $36K. Net investment income was $37K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Bay CityGeorgetownVictoriaWaco

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$35K$69K$104K$138K20202021202220232024
Metric202420232022
Total Assets$846,951$845,730$838,217
Revenue$38,461$37,086$125,799
Expenses$37,259$29,620$24,978
Qualifying Distributions$35,568$28,102$23,250
Net Investment Income$36,684$35,346$22,899
Distributable Amount$55,260$51,352

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$18K$27K$36K11 grants202011 grants202111 grants202211 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FIRST UNITED METHODIST CH$17KMATAGORDA COUNTY MUSEUM$9KBAY CITY LIBRARY ASSN$3KSOUTHWESTERN UNIVERSITY$3KBAY CITY VOLUNTEER FIRE D$1KBAY CITY LITTLE LEAGUE A…$1KMETHODIST HOME ORPHANAGE$711MATAGORDA COUNTY FAIR & …$711BAY CITY 100 CLUB$285UNITED WAY AGENCIES$249

Grant Size Distribution

55 grants across all recorded years

55<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ERIC WRIGHTCHAIRPERSON0.05
PERCY CARROLLVICE CHAIRPE0.05
JUDY SANSINGTRUSTEE0.05
DAVID SALIDAVARTRUSTEE0.05
STEWART HUTSONTRUSTEE0.05
TIM HALLTRUSTEE0.05
DAVID BURKHARTTRUSTEE0.05
TROY HATCHETTTRUSTEE0.05
THERESA KNEBELTRUSTEE0.05

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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