Verda Pearl Spinks Irrevocable Trust

TULSA, OK EIN: 73-6330843

Verda Pearl Spinks Irrevocable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $596K in total assets. In 2024, it awarded 2 grants totaling $40K. Net investment income was $77K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$596K

+6.3% YoY

Annual Giving

$40K

+4.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$20K

+4.4% YoY

Under IRS private-foundation payout rules, Verda Pearl Spinks Irrevocable Trust reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.

About Verda Pearl Spinks Irrevocable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Verda Pearl Spinks Irrevocable Trust?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oklahoma $208K (100%)

States

Oklahoma

Cities

MiamiOklahoma CityTulsa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$595,770	$560,637	$560,448
Revenue	$88,513	$50,517	$38,093
Expenses	$53,109	$49,952	$60,630
Qualifying Distributions	$41,304	$39,500	$48,333
Net Investment Income	$76,929	$39,887	$26,961
Distributable Amount	$40,507	$37,841	$40,235

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Community Crisis Center ($20,037), Circle of Care ($20,037).

Recipient	Purpose	Amount
COMMUNITY CRISIS CENTER MIAMI, OK	CHARITABLE	$20,037
CIRCLE OF CARE OKLAHOMA CITY, OK	CHARITABLE	$20,037

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
THE TRUST COMPANY OF OKLAHOMA	Trustee	15	$11,320

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Verda Pearl Spinks Irrevocable Trust?

Verda Pearl Spinks Irrevocable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. It holds $596K in total assets as of 2024.

How large is Verda Pearl Spinks Irrevocable Trust?

As of 2024, Verda Pearl Spinks Irrevocable Trust holds $596K in total assets with $89K in annual revenue. It awarded 2 grants totaling $40K in 2024.

Where does Verda Pearl Spinks Irrevocable Trust operate?

Verda Pearl Spinks Irrevocable Trust has awarded grants in Oklahoma.

What size grants does Verda Pearl Spinks Irrevocable Trust award?

In 2024, Verda Pearl Spinks Irrevocable Trust awarded 2 grants totaling $40K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is Verda Pearl Spinks Irrevocable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Verda Pearl Spinks Irrevocable Trust reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Verda Pearl Spinks Irrevocable Trust's EIN?

Verda Pearl Spinks Irrevocable Trust's EIN (Employer Identification Number) is 73-6330843. IRS Form 990 filing data is available on this page for 2020–2024.