The Portland Trust II

Private foundation · Grantmaker Eagan, MN EIN: 32-6309021

THE PORTLAND TRUST II is a private foundation based in Eagan, Minnesota. Its 2025 filing reports grants to charitable organizations in Wyoming, Ohio, Idaho, and Wisconsin, including organizations working in community philanthropy, social services, education, conservation, arts, and writing.

Key facts about The Portland Trust II

In short: The Portland Trust II gave $300K across 12 grants in 2025 (avg $25K), mostly in Wyoming. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
32-6309021
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$300,000
Grants made (2025)
12
Average grant
$25,000
Median grant
$12,500
New grantees (estimate)
0% first-time grantees (0 of 11, 2025)
Total assets
$4,662,712
Primary geography
Wyoming (70% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.7M

-0.4% YoY

Annual Giving

$300K

+12.1% YoY

Grant Count

12

-14.3% YoY

Avg Grant Size

$25K

+30.8% YoY

Under IRS private-foundation payout rules, The Portland Trust II reported a distributable amount of $331K for 2025 — the minimum it must pay out in qualifying distributions.

Is The Portland Trust II open to new grantees?

0%

first-time grantees, 2025

In 2025, 0 of 11 grantees (0%) were first-time recipients. How we count

  • 100% of 2025 grantees were also funded in 2024. Method
  • Giving fell 96% from 2022 to 2025. Method
  • In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants show support for organizations including the Community Foundation of Jackson Hole, which says it invests in nonprofits and enriches its community, and One22 Inc, which says it supports neighbors facing health, financial, and cultural challenges. Teton Youth and Family Services describes its mission as helping children and families find fulfilling and constructive lives. Dancers Workshop says it enriches lives through dance education, performance, and outreach. Write On, Door County says it inspires writers and readers through events, workshops, and a residency program.

Grantmaking

In 2025, the foundation awarded $300,000 through 12 grants. Grants ranged from $2,500 to $80,000, with a median of $12,500. The largest awards were $80,000 to Community Foundation of Jackson Hole for general operating support, $75,000 to Columbus Academy for general operations, and $40,000 to One22 Inc for general operating support. Other notable grants included $25,000 each to The Nature Conservancy and the National Museum of Wildlife Art, both for general operating support.

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Geographic Focus

Where this funder awards grants

In 2025, 70% of grant dollars went to recipients in Wyoming and 28% to recipients in Ohio. Idaho and Wisconsin each received 1%.

Grant Distribution by State

4states

Share of all 12 itemized 2025 grant dollars.

Cities

JacksonFish CreekGahannaCheyenneDriggsSturgeon BayColumbusLanderMoose

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M14 grants202112 grants202212 grants202314 grants202412 grants2025

From 2021 to 2025, annual grant giving ranged from $260K (2023) to $7.1M (2022). In 2025 it made 12 grants totaling $300K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Community Foundation of Jackson Hole: $80KCommunity Foundation ofJackson Hole$80KColumbus Academy: $75KColumbus Academy$75KONE22 Inc: $40KONE22 Inc$40KThe Nature Conservancy: $25KThe Nature Conservancy$25KNational Museum of Wildlife Art: $25KNational Museum of WildlifeArt$25KTeton Youth and Family Services: $15KTeton Youth and FamilyServices$15KThe Ohio State University Foundation: $10KThe Ohio State UniversityFoundation$10KChildren's Learning Center: $10KChildren's Learning Center$10KDancers Workshop: $10KDancers Workshop$10KFund for Public Education: $5KFund for Public Education$5K

The largest 2025 recipient was Community Foundation of Jackson Hole ($80K). Together the top 10 received $295K.

Grant Size Distribution

64 grants across all recorded years

53<$50K7$50–100K1$100–250K$250–500K$500K–1M3$1–5M$5M+

The most common grant size was under $50K: 53 grants of 64 (83%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Community Foundation of Jackson Hole Jackson, WYGeneral Operating$80,000
Columbus Academy Gahanna, OHGeneral Operations$75,000
ONE22 Inc Jackson, WYGeneral Operating$40,000
The Nature Conservancy Jackson, WYGeneral Operating$25,000
National Museum of Wildlife Art Jackson, WYGeneral Operating$25,000
Teton Youth and Family Services Jackson, WYGeneral Operating$15,000
The Ohio State University Foundation Columbus, OHScholarship$10,000
Children's Learning Center Jackson, WYGeneral Operating$10,000
Dancers Workshop Jackson, WYGeneral Operating$10,000
Fund for Public Education Jackson, WYGeneral Operating$5,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $4,662,712 $323,343 $341,191 $300,000
2024 $4,680,586 $271,801 $308,801 $267,500
2023 $4,718,136 $300,369 $293,581 $260,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20212022202320242025
Metric202520242023
Total Assets$4,662,712$4,680,586$4,718,136
Revenue$323,343$271,801$300,369
Expenses$341,191$308,801$293,581
Qualifying Distributions$307,606$279,326$267,155
Net Investment Income$292,601$243,173$274,331
Distributable Amount$330,986$298,275$277,412

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 7, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 5, 2024)
  5. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  6. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Leadership team and compensation from IRS filings

US BANK N A is listed as trustee on the 2025 filing.

The Portland Trust II's only listed officer is US Bank N A, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • US Bank N A

    Trustee

    On filings since 2021

    1 hr/week

    $53K (2021) → $31K (2025)

Data from IRS Form 990 filings, 2021–2025. "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

US Bank N a — Trustee: $31KUS Bank N aTrustee$31K

The highest reported compensation on the 2025 filing was $31K, to US Bank N a (Trustee).

Contact

Mailing address: PO Box 64193, Eagan, MN 55164
Phone: (888) 265-7962

Frequently asked questions about The Portland Trust II

How much does The Portland Trust II give each year?

The Portland Trust II gave $300K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $268K across 14 grants.

What is The Portland Trust II's typical grant size?

The Portland Trust II's median grant in 2025 was $12,500, and its average grant was $25,000, across 12 grants on its 2025 IRS Form 990-PF.

Where does The Portland Trust II give grants?

The Portland Trust II gives mostly in Wyoming: 70% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Ohio (28%). The most frequent recipient cities were Jackson, WY (8 grants).

Does The Portland Trust II give general operating support?

Yes: 92% of The Portland Trust II's 2025 grants with a stated purpose (11 of 12) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Portland Trust II's largest grantees?

The Portland Trust II's largest 2025 grantees include Community Foundation of Jackson Hole ($80,000), Columbus Academy ($75,000) and ONE22 Inc ($40,000), according to its 2025 IRS Form 990-PF. Together they received 65% of its itemized 2025 grant dollars.

How large is The Portland Trust II?

The Portland Trust II reported $4.7M in total assets on its 2025 IRS Form 990-PF. It paid out $308K in qualifying distributions that year, against a required minimum of $331K (roughly 5% of its investment assets).

What does The Portland Trust II fund?

No mission statement for the foundation is provided. See mission & focus areas ↑

How do I apply for a grant from The Portland Trust II?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Portland Trust II's EIN?

The Portland Trust II's EIN (Employer Identification Number) is 32-6309021. IRS Form 990 filing data is available on this page for 2021–2025.

Does The Portland Trust II accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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