SBMT Charitable Trust

Private foundation · Grantmaker Palm Beach Gardens, FL EIN: 65-6312009

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.

Key facts about SBMT Charitable Trust

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.

EIN
65-6312009
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$160,000
Grants made (2025)
7
Average grant
$22,857
Median grant
$10,000
Total assets
$3,020,559
Primary geography
District of Columbia (38% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.0M

+7.1% YoY

Annual Giving

$160K

Grant Count

7

Avg Grant Size

$23K

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

MartinNew YorkWashingtonBoca RatonEncinitasArlingtonLas VegasMcPhersonVirginia BeachWest Palm Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K3 grants2020 4 grants2021 5 grants2022 5 grants2023 0 grants2024 7 grants2025

From 2020 to 2025, annual grant giving ranged from $70K (2020) to $160K (2025). In 2025 it made 7 grants totaling $160K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

McPherson College: $50KMcPherson College$50KWorld Center Kitchen: $50KWorld Center Kitchen$50KThe Piarist School: $20KThe Piarist School$20KNature Conservancy of Baltimore: $10KNature Conservancy ofBaltimore$10KOperation Smile: $10KOperation Smile$10KPatient Access Network (Pan) Foundation: $10KPatient Access Network (Pan)Foundation$10KThree Square: $10KThree Square$10K

The largest 2025 recipient was McPherson College ($50K). Together the top 7 received $160K.

Grant Size Distribution

21 grants across all recorded years

19<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 19 grants of 21 (90%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
McPherson College McPherson, KSEducational Institution$50,000
World Center Kitchen Washington, DCProvide Financial Support$50,000
The Piarist School Martin, KYProvide Financial Support$20,000
Nature Conservancy of Baltimore Arlington, VAHe 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, VAOperation 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, DCWe 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, NVEstablished 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

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,020,559$2,821,162$2,705,690
Revenue$393,776$144,159$119,938
Expenses$194,379$28,687$129,661
Qualifying Distributions$160,000—$100,000
Net Investment Income$377,518$128,690$91,828
Distributable Amount$177,336$167,249$149,169

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS October 20, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS June 3, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 16, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)

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.

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