Stephen Royce Schedule B Tr

Private foundation · Grantmaker Dallas, TX EIN: 04-6023008

Stephen Royce Schedule B Tr is a private foundation, based in Dallas, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $614K in total assets. In 2025, it awarded 2 grants totaling $38K. Net investment income was $61K.

Key facts about Stephen Royce Schedule B Tr

In short: Stephen Royce Schedule B Tr gave $38K across 2 grants in 2025 (avg $19K), mostly in Vermont. Source: 2025 IRS Form 990-PF.

EIN
04-6023008
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$37,702
Grants made (2025)
2
Average grant
$18,851
Median grant
$18,851
Total assets
$614,285
Primary geography
Vermont (100% 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

$614K

+2.9% YoY

Annual Giving

$38K

+28.5% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$19K

+28.5% YoY

Under IRS private-foundation payout rules, Stephen Royce Schedule B Tr reported a distributable amount of $36K for 2025 — the minimum it must pay out in qualifying distributions.

How Stephen Royce Schedule B Tr gives

  • Giving held roughly steady from 2022 to 2025 (+14%). Method
  • In 2025 it paid out 118% of its IRS minimum distribution (the 5% rule). 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 2025 grant dollars across all 2 itemized grants.

States

Cities

Saint Albans

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K2 grants2019 2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $21K (2023) to $38K (2025). In 2025 it made 2 grants totaling $38K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Warner Home for Little Wanderers Inc: $19KWarner Home for LittleWanderers Inc$19KNorthwestern Medical Center Inc: $19KNorthwestern Medical CenterInc$19K

The largest 2025 recipient was Warner Home for Little Wanderers Inc ($19K). Together the top 2 received $38K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Warner Home for Little Wanderers Inc Saint Albans, VTUnrestricted General$18,851
Northwestern Medical Center Inc Saint Albans, VTUnrestricted General$18,851

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$614,285$597,067$576,124
Revenue$68,505$63,197$20,711
Expenses$51,462$41,660$32,118
Qualifying Distributions$42,358$33,780$25,312
Net Investment Income$60,517$54,981$12,000
Distributable Amount$35,966$34,046$30,977

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 2, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 8, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 22, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 27, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 1, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 27, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Stephen Royce Schedule B Tr's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2021

    1 hr/week

    $11K (2021) → $10K (2025)

Former officers (1)
  • Former: Bank Of America N A (2019–2020) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America — Trustee: $10KBank of AmericaTrustee$10K

The highest reported compensation on the 2025 filing was $10K, to Bank of America (Trustee).

Frequently asked questions about Stephen Royce Schedule B Tr

How much does Stephen Royce Schedule B Tr give each year?

Stephen Royce Schedule B Tr gave $38K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $29K across 2 grants.

How large is Stephen Royce Schedule B Tr?

Stephen Royce Schedule B Tr reported $614K in total assets on its 2025 IRS Form 990-PF. It paid out $42K in qualifying distributions that year, against a required minimum of $36K (roughly 5% of its investment assets).

Where does Stephen Royce Schedule B Tr operate?

Stephen Royce Schedule B Tr has awarded grants in Vermont.

What is Stephen Royce Schedule B Tr's EIN?

Stephen Royce Schedule B Tr's EIN (Employer Identification Number) is 04-6023008. IRS Form 990 filing data is available on this page for 2019–2025.

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

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

Figures come from Stephen Royce Schedule B Tr'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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