W B Millard Memorial FD Tr

Private foundation · Grantmaker Eagan, MN EIN: 23-7025143

W B Millard Memorial FD Tr is a private foundation focused on Education, based in Eagan, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $194K in total assets. In 2025, it awarded 1 grant totaling $6K. Net investment income was $18K.

Key facts about W B Millard Memorial FD Tr

In short: W B Millard Memorial FD Tr gave $6K across 1 grant in 2025 (avg $6K), mostly in Nebraska. Source: 2025 IRS Form 990-PF.

EIN
23-7025143
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$5,733
Grants made (2025)
1
Average grant
$5,733
Median grant
$5,733
Total assets
$193,710
Primary geography
Nebraska (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$194K

+5.9% YoY

Annual Giving

$6K

Grant Count

1

Avg Grant Size

$6K

Under IRS private-foundation payout rules, W B Millard Memorial FD Tr reported a distributable amount of $11K for 2025 — the minimum it must pay out in qualifying distributions.

How W B Millard Memorial FD Tr gives

  • Giving fell 70% from 2022 to 2025. Method
  • In 2025 it paid out 70% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Omaha

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 0 grants2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $6K (2025) to $19K (2022). In 2025 it made 1 grant totaling $6K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Creighton University: $6KCreighton University$6K

The largest 2025 recipient was Creighton University ($6K).

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Creighton University Omaha, NEGeneral$5,733

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$193,710$182,964$182,324
Revenue$21,753$5,539$6,545
Expenses$10,945$4,899$14,844
Qualifying Distributions$7,589$1,831$11,762
Net Investment Income$18,263$3,750$3,545
Distributable Amount$10,899$10,248$9,484

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS July 7, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

W B Millard Memorial FD Tr's only listed officer is US Bank N A, Trustee on filings since 2019 (compensated).

Officers on the 2025 filing

  • US Bank N A

    Trustee

    On filings since 2019

    1 hr/week

    $4K (2019) → $4K (2025)

Former officers (1)
  • Former: US Bank NA (2024) — Trustee

Data from IRS Form 990 filings, 2019–2025. "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

US Bank N a — Trustee: $4KUS Bank N aTrustee$4K

The highest reported compensation on the 2025 filing was $4K, to US Bank N a (Trustee).

Frequently asked questions about W B Millard Memorial FD Tr

How much does W B Millard Memorial FD Tr give each year?

W B Millard Memorial FD Tr gave $6K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.

How large is W B Millard Memorial FD Tr?

W B Millard Memorial FD Tr reported $194K in total assets on its 2025 IRS Form 990-PF. It paid out $8K in qualifying distributions that year, against a required minimum of $11K (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 W B Millard Memorial FD Tr?

W B Millard Memorial FD Tr is a private foundation focused on Education, based in Eagan, MN. It holds $194K in total assets as of 2025.

Where does W B Millard Memorial FD Tr operate?

W B Millard Memorial FD Tr has awarded grants in Nebraska.

What is W B Millard Memorial FD Tr's EIN?

W B Millard Memorial FD Tr's EIN (Employer Identification Number) is 23-7025143. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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