Thurman M Waldrop Charitable Trust

Private foundation · Grantmaker Dallas, TX EIN: 59-7265965

Thurman M Waldrop Charitable Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $647K in total assets. In 2025, it awarded 6 grants totaling $31K. Net investment income was $61K.

Thurman M Waldrop Charitable Trust at a glance

In short: Thurman M Waldrop Charitable Trust gave $31K across 6 grants in 2025 (avg $5K), mostly in Georgia. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$31,318
+19.1% vs 2024
Grants made (2025)
6
+0.0% vs 2024
Average grant
$5,220
+19.1% vs 2024
Median grant
$800
Total assets
$646,733
+4.2% vs 2024
Primary geography
Georgia (95% 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 Thurman M Waldrop Charitable Trust funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Columbia Theological Seminary: $14KColumbia Theological Seminary$14KRabun Gap Nacoochee School: $14KRabun Gap Nacoochee School$14KFlorida Sheriffs' Youth Ranches: $800Florida Sheriffs' YouthRanches$800Georgia Sheriffs' Association: $800Georgia Sheriffs' Association$800Bethany Presbyterian Church Inc: $800Bethany Presbyterian ChurchInc$800Community Presbyterian Church: $800Community Presbyterian Church$800

The largest 2025 recipient was Columbia Theological Seminary ($14K). Together the top 6 received $31K.

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 30 grants of 30 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

Boys RanchCovingtonDecaturEnglewoodRabun GapMcDonoughMadison

How Thurman M Waldrop Charitable Trust gives

  • Giving held roughly steady from 2022 to 2025 (−11%). Method
  • In 2025 it paid out 99% 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K6 grants2020 6 grants2021 6 grants2022 6 grants2023 6 grants2024 6 grants2025

From 2020 to 2025, annual grant giving ranged from $26K (2024) to $35K (2022). In 2025 it made 6 grants totaling $31K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Columbia Theological Seminary Decatur, GAUnrestricted General$14,059
Rabun Gap Nacoochee School Rabun Gap, GAUnrestricted General$14,059
Florida Sheriffs' Youth Ranches Boys Ranch, FLUnrestricted General$800
Georgia Sheriffs' Association Madison, GAUnrestricted General$800
Bethany Presbyterian Church Inc Covington, GAUnrestricted General$800
Community Presbyterian Church Englewood, FLUnrestricted General$800
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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$646,733$69,555$43,807$31,3186$35,831$61,189$36,200
2024$620,414$20,164$37,726$26,3026$30,544$11,441$34,775
2023$604,490$-2,274$39,239$26,3986$30,291$7,222$31,347
2022$624,433$111,386$46,924$35,2726$39,407$103,627$31,723
2021$677,180$51,140$42,376$28,9206—$43,605$37,234
2020$584,408$48,234$37,900$27,8926—$43,173$30,487

Under IRS private-foundation payout rules, Thurman M Waldrop Charitable Trust reported a distributable amount of $36K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Thurman M Waldrop Charitable Trust's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2022

    1 hr/week

    $10K (2022) → $10K (2025)

Former officers (1)
  • Former: Bank Of America NA (2020–2021) — 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 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 Thurman M Waldrop Charitable Trust

How much does Thurman M Waldrop Charitable Trust give each year?

Thurman M Waldrop Charitable Trust gave $31K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $26K across 6 grants.

What is Thurman M Waldrop Charitable Trust's typical grant size?

Thurman M Waldrop Charitable Trust's median grant in 2025 was $800, and its average grant was $5,220, across 6 grants on its 2025 IRS Form 990-PF.

Where does Thurman M Waldrop Charitable Trust give grants?

Thurman M Waldrop Charitable Trust gives mostly in Georgia: 95% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Florida (5%).

Does Thurman M Waldrop Charitable Trust give general operating support?

Yes: 100% of Thurman M Waldrop Charitable Trust's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Thurman M Waldrop Charitable Trust's largest grantees?

Thurman M Waldrop Charitable Trust's largest 2025 grantees include Columbia Theological Seminary ($14,059), Rabun Gap Nacoochee School ($14,059) and Florida Sheriffs' Youth Ranches ($800), according to its 2025 IRS Form 990-PF. Together they received 92% of its itemized 2025 grant dollars.

How large is Thurman M Waldrop Charitable Trust?

Thurman M Waldrop Charitable Trust reported $647K in total assets on its 2025 IRS Form 990-PF. It paid out $36K in qualifying distributions that year, against a required minimum of $36K (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 Thurman M Waldrop Charitable Trust's EIN?

Thurman M Waldrop Charitable Trust's EIN (Employer Identification Number) is 59-7265965. 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 January 21, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS January 27, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 1, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS January 31, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS January 23, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS January 31, 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 Thurman M Waldrop Charitable Trust'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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