Trout Charitable Foundation
Trout Charitable Foundation is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $182K in total assets. In 2025, it awarded 7 grants totaling $48K. Net investment income was $26K.
Trout Charitable Foundation at a glance
In short: Trout Charitable Foundation gave $48K across 7 grants in 2025 (avg $7K), mostly in Iowa. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $48,000
- -74.5% vs 2024
- Grants made (2025)
- 7
- +0.0% vs 2024
- Average grant
- $6,857
- -74.5% vs 2024
- Median grant
- $10,000
- Total assets
- $181,587
- -12.3% vs 2024
- Primary geography
- Iowa (79% 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 Trout Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Community Free Health Clinic ($12K). Together the top 7 received $48K.
Grant Size Distribution
37 grants across all recorded years
The most common grant size was under $50K: 35 grants of 37 (95%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
Cities
How Trout Charitable Foundation gives
- Giving grew 39% from 2022 to 2025. Method
- In 2025 it paid out 291% 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
From 2020 to 2025, annual grant giving ranged from $32K (2020) to $188K (2024). In 2025 it made 7 grants totaling $48K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Free Health Clinic Cedar Rapids, IA | Program Support | $12,000 |
| Christ Community United Methodist Marion, IA | Program Support | $12,000 |
| Hawkeye Area Community Action Program Hiawatha, IA | Program Support | $10,000 |
| United Methodist Foundation Springfield, IL | Program Support | $10,000 |
| Chains Interrupted Cedar Rapids, IA | Program Support | $2,000 |
| Mission of Hope Cedar Rapids, IA | Program Support | $1,000 |
| Deafinely Dogs Marion, IA | Program Support | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $181,587 | $28,635 | $54,080 | $48,000 | 7 | $50,114 | $26,481 | $17,197 |
| 2024 | $207,089 | $71,971 | $193,859 | $188,146 | 7 | $190,909 | $69,141 | $20,152 |
| 2023 | $320,898 | $10,333 | $79,855 | $74,000 | 7 | $76,860 | $7,962 | $20,864 |
| 2022 | $390,416 | $-8,502 | $43,340 | $34,500 | 8 | $37,568 | $7,490 | $24,074 |
| 2021 | $442,435 | $98,355 | $55,878 | $50,000 | 8 | $52,869 | $95,466 | $27,650 |
| 2020 | $399,876 | $11,778 | $36,324 | $31,500 | 8 | — | $8,709 | $24,110 |
Under IRS private-foundation payout rules, Trout Charitable Foundation reported a distributable amount of $17K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Trout Charitable Foundation's only listed officer is BMO Bank N A, Trustee on every filing since 2023 (compensated).
Officers on the 2025 filing
BMO Bank N A
Trustee
On filings since 2023
1 hr/week
$5K (2023) → $4K (2025)
Former officers (1)
- Former: BMO Harris Bank N A (2020–2022) — 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
The highest reported compensation on the 2025 filing was $4K, to BMO Bank N a (Trustee).
Frequently asked questions about Trout Charitable Foundation
How much does Trout Charitable Foundation give each year?
Trout Charitable Foundation gave $48K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $188K across 7 grants.
What is Trout Charitable Foundation's typical grant size?
Trout Charitable Foundation's median grant in 2025 was $10,000, and its average grant was $6,857, across 7 grants on its 2025 IRS Form 990-PF.
Where does Trout Charitable Foundation give grants?
Trout Charitable Foundation gives mostly in Iowa: 79% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Illinois (21%). The most frequent recipient cities were Cedar Rapids, IA (3 grants) and Marion, IA (2 grants).
Does Trout Charitable Foundation give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on Trout Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (7 grants).
Who are Trout Charitable Foundation's largest grantees?
Trout Charitable Foundation's largest 2025 grantees include Community Free Health Clinic ($12,000), Christ Community United Methodist ($12,000) and Hawkeye Area Community Action Program ($10,000), according to its 2025 IRS Form 990-PF. Together they received 71% of its itemized 2025 grant dollars.
How large is Trout Charitable Foundation?
Trout Charitable Foundation reported $182K in total assets on its 2025 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).
What is Trout Charitable Foundation's EIN?
Trout Charitable Foundation's EIN (Employer Identification Number) is 36-7167862. 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
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 4, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 26, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 1, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 27, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Trout Charitable Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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