Theodore K Lawless Trust B

Private foundation · Grantmaker Dallas, TX EIN: 36-6441356

Theodore K Lawless Trust B is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2025. In 2025, it awarded 1 grant totaling $1.5M. Net investment income was $385K.

Theodore K Lawless Trust B at a glance

In short: Theodore K Lawless Trust B gave $1.5M across 1 grant in 2025 (avg $1.5M), mostly in Louisiana. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$1,459,584
+2633.5% vs 2024
Grants made (2025)
1
-50.0% vs 2024
Average grant
$1,459,584
+5366.9% vs 2024
Median grant
$1,459,584
Primary geography
Louisiana (100% 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 Theodore K Lawless Trust B funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Dillard University: $1.5MDillard University$1.5M

The largest 2025 recipient was Dillard University ($1.5M).

Grant Size Distribution

9 grants across all recorded years

5<$50K3$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 5 grants of 9 (56%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

New OrleansNew York

How Theodore K Lawless Trust B gives

  • Giving grew 2398% from 2022 to 2025. Method
  • In 2025 it paid out well above 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$500K$1M$1.5M2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $38K (2023) to $1.5M (2025). In 2025 it made 1 grant totaling $1.5M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Dillard University New Orleans, LAUnrestricted General$1,459,584
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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
2025—$386,962$1,471,771$1,459,5841$1,460,599$384,658$61,967
2024$1,081,690$106,595$56,727$53,3972$53,912$103,058$60,166
2023$1,032,957$30,210$51,963$37,7242$42,871$17,884$54,296
2022$1,055,074$-22,876$82,365$58,4412$65,414$9,230$55,617
2021$1,160,229$236,348$73,882$51,3072$59,187$221,763$62,628
2020$996,514$88,898$70,223$51,4582—$77,806$53,478

Under IRS private-foundation payout rules, Theodore K Lawless Trust B reported a distributable amount of $62K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Theodore K Lawless Trust B's only listed officer is Bank Of America, Trustee on every filing since 2021 (uncompensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2021

    1 hr/week

    $18K (2021) → $0 (2025)

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

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.

Compensation Overview

From 2023 IRS filing

Bank of America — Trustee: $12KBank of AmericaTrustee$12K

The highest reported compensation on the 2023 filing was $12K, to Bank of America (Trustee).

Frequently asked questions about Theodore K Lawless Trust B

How much does Theodore K Lawless Trust B give each year?

Theodore K Lawless Trust B gave $1.5M across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $53K across 2 grants.

Where does Theodore K Lawless Trust B operate?

Theodore K Lawless Trust B has awarded grants in Illinois, Louisiana.

How much is Theodore K Lawless Trust B required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Theodore K Lawless Trust B reported a distributable amount of $62K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Theodore K Lawless Trust B's EIN?

Theodore K Lawless Trust B's EIN (Employer Identification Number) is 36-6441356. 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

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 28, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 13, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 21, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 22, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 17, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
  7. IRS filings on file for fiscal years 2020–2025

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

Figures come from Theodore K Lawless Trust B'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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