Virginia O'donnell Charitable Trust

FORT WORTH, TX EIN: 32-6332723

Virginia O'donnell Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WORTH, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.2M in total assets. In 2024, it awarded 12 grants totaling $415K. Net investment income was $515K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.2M

+1.0% YoY

Annual Giving

$415K

+13.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$35K

+13.4% YoY

Under IRS private-foundation payout rules, Virginia O'donnell Charitable Trust reported a distributable amount of $275K for 2024 — the minimum it must pay out in qualifying distributions.

About Virginia O'donnell Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $2.0M (100%)

States

Texas

Cities

Fort WorthWaco

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,227,172	$5,177,183	$5,287,607
Revenue	$531,859	$317,260	$151,725
Expenses	$481,870	$427,684	$435,510
Qualifying Distributions	$464,398	$411,520	$370,052
Net Investment Income	$515,003	$299,132	$91,441
Distributable Amount	$274,937	$268,736	$287,145

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

60 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Matthew United Methodist Church ($127,271), St Rita Catholic Church of Fort Wor ($63,636), Methodist Children's Home ($63,635).

Recipient	Purpose	Amount
ARTS COUNCIL OF FORT WORTH AND TARR FORT WORTH, TX	TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS.	$12,219
CIRCLE THEATRE FORT WORTH, TX	TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS.	$10,606
CITY OF FORT WORTH LIBRARY FORT WORTH, TX	TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS.	$21,212
FORT WORTH STAR TELEGRAM - GOOD FEL FORT WORTH, TX	TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS.	$21,212
FORT WORTH SYMPHONY ORCHESTRA FORT WORTH, TX	TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS.	$21,212
JUBILEE PLAYERS INC FORT WORTH, TX	TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS.	$10,606
METHODIST CHILDREN'S HOME WACO, TX	TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS.	$63,635
ST RITA CATHOLIC CHURCH OF FORT WOR FORT WORTH, TX	50% OF THE FUNDS RECEIVED BY THE CHURCH ARE TO BE DISTRIBUTED BY THE CHURCH FOR POOR AND NEEDY OF ANY FAITH OR CREED. THE REMAINING FUNDS ARE TO BE USED TO TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS.	$63,636
ST MATTHEW UNITED METHODIST CHURCH FORT WORTH, TX	TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS.	$127,271
STAGE WEST THEATRE INC FORT WORTH, TX	TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS.	$21,212

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FROST BANK	TRUSTEE	2	$60,160

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Virginia O'donnell Charitable Trust?

Virginia O'donnell Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WORTH, TX. It holds $5.2M in total assets as of 2024.

How large is Virginia O'donnell Charitable Trust?

As of 2024, Virginia O'donnell Charitable Trust holds $5.2M in total assets with $532K in annual revenue. It awarded 12 grants totaling $415K in 2024.

Where does Virginia O'donnell Charitable Trust operate?

Virginia O'donnell Charitable Trust has awarded grants in Texas.

What size grants does Virginia O'donnell Charitable Trust award?

In 2024, Virginia O'donnell Charitable Trust awarded 12 grants totaling $415K — an average of about $35K per grant, based on its IRS Form 990 filings.

How much is Virginia O'donnell Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Virginia O'donnell Charitable Trust reported a distributable amount of $275K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Virginia O'donnell Charitable Trust's EIN?

Virginia O'donnell Charitable Trust's EIN (Employer Identification Number) is 32-6332723. IRS Form 990 filing data is available on this page for 2020–2024.