Robert & Edna Gustin Scholarship Fund Trust

DALLAS, TX EIN: 22-6628853

Robert & Edna Gustin Scholarship Fund Trust is a private foundation focused on Education, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $770K in total assets. In 2024, it awarded 1 grants totaling $36K. Net investment income was $20K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$770K

+3.3% YoY

Annual Giving

$36K

+25.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$36K

+25.1% YoY

Under IRS private-foundation payout rules, Robert & Edna Gustin Scholarship Fund Trust reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.

About Robert & Edna Gustin Scholarship Fund Trust

Based on IRS filings

Focus Areas

Education

Ready to take the next step with Robert & Edna Gustin Scholarship Fund Trust?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $182K (100%)

States

Florida

Cities

Boca Raton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$770,404	$745,712	$767,634
Revenue	$31,268	$-3,234	$143,268
Expenses	$50,832	$45,588	$60,482
Qualifying Distributions	$41,453	$33,773	$50,224
Net Investment Income	$19,762	$8,859	$133,157
Distributable Amount	$44,690	$40,171	$40,581

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Fau Foundation Inc ($35,905).

Recipient	Purpose	Amount
FAU FOUNDATION INC BOCA RATON, FL	UNRESTRICTED GENERAL	$35,905

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$12,619

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Robert & Edna Gustin Scholarship Fund Trust?

Robert & Edna Gustin Scholarship Fund Trust is a private foundation focused on Education, based in DALLAS, TX. It holds $770K in total assets as of 2024.

How large is Robert & Edna Gustin Scholarship Fund Trust?

As of 2024, Robert & Edna Gustin Scholarship Fund Trust holds $770K in total assets with $31K in annual revenue. It awarded 1 grants totaling $36K in 2024.

Where does Robert & Edna Gustin Scholarship Fund Trust operate?

Robert & Edna Gustin Scholarship Fund Trust has awarded grants in Florida.

What size grants does Robert & Edna Gustin Scholarship Fund Trust award?

In 2024, Robert & Edna Gustin Scholarship Fund Trust awarded 1 grants totaling $36K — an average of about $36K per grant, based on its IRS Form 990 filings.

How much is Robert & Edna Gustin Scholarship Fund Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Robert & Edna Gustin Scholarship Fund Trust reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Robert & Edna Gustin Scholarship Fund Trust's EIN?

Robert & Edna Gustin Scholarship Fund Trust's EIN (Employer Identification Number) is 22-6628853. IRS Form 990 filing data is available on this page for 2020–2024.