Sarah R Fales Trust

Private foundation · Grantmaker Dallas, TX EIN: 91-6059260

Sarah R Fales Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $1.2M in total assets. In 2026, it awarded 1 grant totaling $56K. Net investment income was $168K.

Key facts about Sarah R Fales Trust

In short: Sarah R Fales Trust gave $56K across 1 grant in 2026 (avg $56K), mostly in Washington. Source: 2026 IRS Form 990-PF.

EIN
91-6059260
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$55,727
Grants made (2026)
1
Average grant
$55,727
Median grant
$55,727
Total assets
$1,235,377
Primary geography
Washington (100% of itemized 2026 grant dollars)

Data from IRS Form 990-PF, 2026; updated September 2026.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$1.2M

+12.2% YoY

Annual Giving

$56K

-1.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$56K

-1.4% YoY

Under IRS private-foundation payout rules, Sarah R Fales Trust reported a distributable amount of $68K for 2026 — the minimum it must pay out in qualifying distributions.

How Sarah R Fales Trust gives

  • Giving held roughly steady from 2023 to 2026 (−1%). Method
  • In 2026 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

1state

Share of the 2026 grant dollars on its one itemized grant.

States

Cities

Seattle

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025 1 grant2026

From 2020 to 2026, annual grant giving ranged from $39K (2020) to $66K (2022). In 2026 it made 1 grant totaling $56K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2026

The Seattle Foundation: $56KThe Seattle Foundation$56K

The largest 2026 recipient was The Seattle Foundation ($56K).

Grant Size Distribution

5 grants across all recorded years

1<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Seattle Foundation Seattle, WAUnrestricted General$55,727

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$1,235,377$1,100,645$1,068,005
Revenue$182,298$108,198$39,342
Expenses$80,567$78,597$62,989
Qualifying Distributions$64,210$64,464$50,779
Net Investment Income$167,729$93,468$23,814
Distributable Amount$68,037$63,946$58,768

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2025 (received by the IRS July 10, 2025)
  2. Updated Form 990-PF for fiscal year 2026 (received by the IRS June 9, 2026)
  3. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 21, 2020)
  4. Updated Form 990-PF for fiscal year 2021 (received by the IRS June 30, 2021)
  5. Updated Form 990-PF for fiscal year 2022 (received by the IRS June 30, 2022)
  6. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 1, 2023)
  7. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 18, 2024)

Leadership & Key People

Officers and directors from IRS filings

Sarah R Fales Trust's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).

Officers on the 2026 filing

  • Bank Of America

    Trustee

    On filings since 2022

    1 hr/week

    $20K (2022) → $20K (2026)

Former officers (1)
  • Former: Bank Of America N A (2020–2021) — Trustee

Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

Bank of America — Trustee: $20KBank of AmericaTrustee$20K

The highest reported compensation on the 2026 filing was $20K, to Bank of America (Trustee).

Frequently asked questions about Sarah R Fales Trust

How much does Sarah R Fales Trust give each year?

Sarah R Fales Trust gave $56K across 1 grant in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $57K across 1 grant.

How large is Sarah R Fales Trust?

Sarah R Fales Trust reported $1.2M in total assets on its 2026 IRS Form 990-PF. It paid out $64K in qualifying distributions that year, against a required minimum of $68K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Sarah R Fales Trust operate?

Sarah R Fales Trust has awarded grants in Washington.

What is Sarah R Fales Trust's EIN?

Sarah R Fales Trust's EIN (Employer Identification Number) is 91-6059260. IRS Form 990 filing data is available on this page for 2020–2026.

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

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