Seymour Terry Mem Sch Trust Fund

Private foundation · Grantmaker Memphis, TN EIN: 71-6050556

Seymour Terry Mem Sch Trust Fund is a private foundation, based in Memphis, TN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $638K in total assets. In 2024, it awarded 1 grant totaling $51K. Net investment income was $16K.

Seymour Terry Mem Sch Trust Fund at a glance

In short: Seymour Terry Mem Sch Trust Fund gave $51K across 1 grant in 2024 (avg $51K), mostly in Arkansas. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$50,750
+61.1% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$50,750
+61.1% vs 2023
Median grant
$50,750
Total assets
$637,883
-6.2% vs 2023
Primary geography
Arkansas (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

Who Seymour Terry Mem Sch Trust Fund funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

University of Arkansas Student Accounts: $51KUniversity of Arkansas StudentAccounts$51K

The largest 2024 recipient was University of Arkansas Student Accounts ($51K).

Grant Size Distribution

18 grants across all recorded years

17<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 18 (94%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Fayetteville

How Seymour Terry Mem Sch Trust Fund gives

  • Giving grew 81% from 2021 to 2024. Method
  • In 2024 it paid out 166% of its IRS minimum distribution (the 5% rule). 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

$0$20K$40K$60K8 grants2021 8 grants2022 1 grant2023 1 grant2024

From 2021 to 2024, annual grant giving ranged from $28K (2021) to $51K (2024). In 2024 it made 1 grant totaling $51K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Arkansas Student Accounts Fayetteville, ARScholarships$50,750
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$637,883$23,559$64,989$50,7501$55,786$15,742$33,638
2023$679,828$108,533$41,953$31,5001$38,413$104,993$32,852
2022$614,633$22,658$40,081$28,0008$28,626$45,859$35,025
2021$597,400$21,960$39,379$28,0008—$29,957$35,166

Under IRS private-foundation payout rules, Seymour Terry Mem Sch Trust Fund reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Seymour Terry Mem Sch Trust Fund's only listed officer is First Horizon Bank, Trustee since 2023 (on filings since 2022) (compensated).

Officers on the 2024 filing

  • First Horizon Bank

    Trustee

    Trustee-Pt → Trustee, 2023

    On filings since 2022

    6 hrs/week

    $11K (2022) → $10K (2024)

Former officers (1)
  • Former: Iberia Bank (2021) — Trustee-Pt

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

First Horizon Bank — Trustee: $10KFirst Horizon BankTrustee$10K

The highest reported compensation on the 2024 filing was $10K, to First Horizon Bank (Trustee).

Frequently asked questions about Seymour Terry Mem Sch Trust Fund

How much does Seymour Terry Mem Sch Trust Fund give each year?

Seymour Terry Mem Sch Trust Fund gave $51K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $32K across 1 grant.

How large is Seymour Terry Mem Sch Trust Fund?

Seymour Terry Mem Sch Trust Fund reported $638K in total assets on its 2024 IRS Form 990-PF. It paid out $56K in qualifying distributions that year, against a required minimum of $34K (roughly 5% of its investment assets).

Where does Seymour Terry Mem Sch Trust Fund operate?

Seymour Terry Mem Sch Trust Fund has awarded grants in Arkansas.

What is Seymour Terry Mem Sch Trust Fund's EIN?

Seymour Terry Mem Sch Trust Fund's EIN (Employer Identification Number) is 71-6050556. IRS Form 990 filing data is available on this page for 2021–2024.

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

Data update history

(4)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 14, 2021)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 31, 2023)
  3. Updated Form 990-PF for fiscal year 2024 (received by the IRS June 26, 2025)
  4. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Seymour Terry Mem Sch Trust Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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