Velma D Gaume Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $277K in total assets. In 2024, it awarded 3 grants totaling $12K. Net investment income was $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$277K
+3.5% YoY
Annual Giving
$12K
+19.8% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$4K
+19.8% YoY
Under IRS private-foundation payout rules, Velma D Gaume Trust reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About Velma D Gaume Trust
Based on IRS filings
Velma D Gaume Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $277K in total assets. In 2024, it awarded 3 grants totaling $12K. Net investment income was $24K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $277,239 | $267,796 | $278,433 |
| Revenue | $28,970 | $7,342 | $-6,731 |
| Expenses | $19,305 | $16,952 | $24,662 |
| Qualifying Distributions | $14,606 | $12,552 | $17,962 |
| Net Investment Income | $24,055 | $2,662 | $424 |
| Distributable Amount | $15,833 | $14,526 | $15,119 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Catholic Charities Fdn Ne Kansas ($11,670), St Patrick's Cemetery ($100), Neuchatel Cemetery ($50).
| Recipient | Purpose | Amount |
|---|---|---|
| NEUCHATEL CEMETERY HAVENSVILLE, KS | CHARITABLE PURPOSES | $50 |
| CATHOLIC CHARITIES FDN NE KANSAS OVERLAND PARK, KS | RESTRICTED TO STATE OF | $11,670 |
| ST PATRICK'S CEMETERY CENTRALIA, KS | CHARITABLE PURPOSES | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $5,714 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Velma D Gaume Trust?
Velma D Gaume Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $277K in total assets as of 2024.
How large is Velma D Gaume Trust?
As of 2024, Velma D Gaume Trust holds $277K in total assets with $29K in annual revenue. It awarded 3 grants totaling $12K in 2024.
Where does Velma D Gaume Trust operate?
Velma D Gaume Trust has awarded grants in Kansas.
What size grants does Velma D Gaume Trust award?
In 2024, Velma D Gaume Trust awarded 3 grants totaling $12K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Velma D Gaume Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Velma D Gaume Trust reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Velma D Gaume Trust's EIN?
Velma D Gaume Trust's EIN (Employer Identification Number) is 30-6262765. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Velma D Gaume Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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