Richard & Florence C Gusman Trust
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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include First United Methodist Ch ($16,718), Matagorda County Museum ($8,892), Bay City Library Assn ($2,845).
| Recipient | Purpose | Amount |
|---|---|---|
| BAY CITY LIBRARY ASSN BAY CITY, TX | ENDOWMENT FUND | $2,845 |
| METHODIST HOME ORPHANAGE WACO, TX | GENERAL OPERATING FUND | $711 |
| BAY CITY VOLUNTEER FIRE D BAY CITY, TX | GENERAL OPERATING FUND | $1,067 |
| MATAGORDA COUNTY MUSEUM BAY CITY, TX | GENERAL OPERATING FUND | $8,892 |
| FIRST UNITED METHODIST CH BAY CITY, TX | GENERAL OPERATING FUND | $16,718 |
| AMERICAN CANCER SOCIETY VICTORIA, TX | GENERAL OPERATING FUND | $178 |
| BAY CITY LITTLE LEAGUE ASSOC BAY CITY, TX | GENERAL OPERATING FUND | $1,067 |
| BAY CITY 100 CLUB BAY CITY, TX | GENERAL OPERATING FUND | $285 |
| SOUTHWESTERN UNIVERSITY GEORGETOWN, TX | SCHOLARSHIP FUND | $2,845 |
| UNITED WAY AGENCIES BAY CITY, TX | GENERAL OPERATING FUND | $249 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIC WRIGHT | CHAIRPERSON | 0.05 | — |
| PERCY CARROLL | VICE CHAIRPE | 0.05 | — |
| JUDY SANSING | TRUSTEE | 0.05 | — |
| DAVID SALIDAVAR | TRUSTEE | 0.05 | — |
| STEWART HUTSON | TRUSTEE | 0.05 | — |
| TIM HALL | TRUSTEE | 0.05 | — |
| DAVID BURKHART | TRUSTEE | 0.05 | — |
| TROY HATCHETT | TRUSTEE | 0.05 | — |
| THERESA KNEBEL | TRUSTEE | 0.05 | — |
Frequently Asked Questions
How large is Richard & Florence C Gusman Trust?
As of 2024, Richard & Florence C Gusman Trust holds $847K in total assets with $38K in annual revenue. It awarded 11 grants totaling $36K in 2024.
Where does Richard & Florence C Gusman Trust operate?
Richard & Florence C Gusman Trust has awarded grants in Texas.
What size grants does Richard & Florence C Gusman Trust award?
In 2024, Richard & Florence C Gusman Trust awarded 11 grants totaling $36K — an average of about $3K per grant, based on its IRS Form 990 filings.
What is Richard & Florence C Gusman Trust's EIN?
Richard & Florence C Gusman Trust's EIN (Employer Identification Number) is 74-6333961. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Richard & Florence C Gusman Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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