SBMT Charitable Trust
SBMT Charitable Trust is a private foundation, based in Palm Beach Gardens, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.0M in total assets. In 2025, it awarded 7 grants totaling $160K. Net investment income was $378K.
SBMT Charitable Trust at a glance
In short: SBMT Charitable Trust gave $160K across 7 grants in 2025 (avg $23K), top state District of Columbia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $160,000
- Grants made (2025)
- 7
- Average grant
- $22,857
- Median grant
- $10,000
- Total assets
- $3,020,559
- +7.1% vs 2024
- Primary geography
- District of Columbia (38% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who SBMT Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was McPherson College ($50K). Together the top 7 received $160K.
Grant Size Distribution
21 grants across all recorded years
The most common grant size was under $50K: 19 grants of 21 (90%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
Cities
How SBMT Charitable Trust gives
- Giving grew 78% from 2022 to 2025. Method
- In 2025 it paid out 90% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $70K (2020) to $160K (2025). In 2025 it made 7 grants totaling $160K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| McPherson College McPherson, KS | Educational Institution | $50,000 |
| World Center Kitchen Washington, DC | Provide Financial Support | $50,000 |
| The Piarist School Martin, KY | Provide Financial Support | $20,000 |
| Nature Conservancy of Baltimore Arlington, VA | He nature conservancy is tackling the dual threats of accelerated climate change and unprecedented biodiversity loss. Science determines where we focus and equity guides how we achieve lasting results. Grounded by decades of local on-the-ground experience, we maximize our ability to affect change by bringing together real-world solutions, policy expertise, sustainable financing and collaborative partnerships | $10,000 |
| Operation Smile Virginia Beach, VA | Operation smile's more than 6,000 volunteers provide medical training and mentorship to health care providers and care to patients. We pioneer research, policy and innovation to advance cleft care, and we work alongside local governments, nonprofits, universities and health systems. We equip the next generation of global leaders. | $10,000 |
| Patient Access Network (Pan) Foundation Washington, DC | We provide critical financial assistance for treatment costs, advocate for policy solutions that expand access to care, and deliver education on complex topicsall driven by our belief that everyone deserves access to affordable, equitable healthcare. | $10,000 |
| Three Square Las Vegas, NV | Established in 2007, three square is southern Nevada's only food bank and the area's largest hunger-relief organization. Our mission is to provide wholesome food to hungry people, while passionately pursuing a hunger-free community. | $10,000 |
Ready to take the next step with SBMT Charitable Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,020,559 | $393,776 | $194,379 | $160,000 | 7 | $160,000 | $377,518 | $177,336 |
| 2024 | $2,821,162 | $144,159 | $28,687 | — | — | — | $128,690 | $167,249 |
| 2023 | $2,705,690 | $119,938 | $129,661 | $100,000 | 5 | $100,000 | $91,828 | $149,169 |
| 2022 | $2,715,413 | $1,612,686 | $108,224 | $90,000 | 5 | $90,000 | $140,864 | $103,841 |
| 2021 | $1,210,951 | $56,520 | $86,800 | $75,000 | 4 | $75,000 | $27,562 | $63,996 |
| 2020 | $1,241,231 | $210,000 | $82,942 | $70,000 | 3 | — | $197,058 | $70,448 |
Under IRS private-foundation payout rules, SBMT Charitable Trust reported a distributable amount of $177K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
SBMT Charitable Trust's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Daniel J. Trunk
Trustee-Advisor
Trustee-Advi → Trustee-Advisor, 2023
On filings since 2020
1 hr/week
No compensation reported
John B. Benton
Trustee-Advisor
Trustee-Advi → Trustee-Advisor, 2023
On filings since 2021
1 hr/week
No compensation reported
Jessica S. Raia
Trustee-Advisor
Trustee-Advi → Trustee-Advisor, 2023
On filings since 2022
1 hr/week
No compensation reported
Former officers (3)
- Former: Jessica S. Trunk (2021) — Trustee-Advi
- Former: James J. Trunk (2020) — Trustee-Advi
- Former: Michelle T. Raia (2020) — Truste-Advis
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.
Frequently asked questions about SBMT Charitable Trust
How much does SBMT Charitable Trust give each year?
SBMT Charitable Trust gave $160K across 7 grants in 2025, according to its 2025 IRS Form 990-PF.
What is SBMT Charitable Trust's typical grant size?
SBMT Charitable Trust's median grant in 2025 was $10,000, and its average grant was $22,857, across 7 grants on its 2025 IRS Form 990-PF.
Where does SBMT Charitable Trust give grants?
SBMT Charitable Trust's top state is District of Columbia, with 38% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Kansas (31%) and Virginia (13%). The most frequent recipient cities were Washington, DC (2 grants).
Does SBMT Charitable Trust give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on SBMT Charitable Trust's 2025 IRS Form 990-PF were described as general or operating support.
Who are SBMT Charitable Trust's largest grantees?
SBMT Charitable Trust's largest 2025 grantees include McPherson College ($50,000), World Center Kitchen ($50,000) and The Piarist School ($20,000), according to its 2025 IRS Form 990-PF. Together they received 75% of its itemized 2025 grant dollars.
How large is SBMT Charitable Trust?
SBMT Charitable Trust reported $3.0M in total assets on its 2025 IRS Form 990-PF. It paid out $160K in qualifying distributions that year, against a required minimum of $177K (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.
What is SBMT Charitable Trust's EIN?
SBMT Charitable Trust's EIN (Employer Identification Number) is 65-6312009. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 20, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 16, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
Live grants for the work SBMT Charitable Trust funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in SBMT Charitable Trust's focus areas in our free grants database
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