William H Tolerton Trust

Foundation · Grantmaker Dallas, TX EIN: 54-6137272

William H Tolerton Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $402K in total assets. In 2025, it awarded 1 grant totaling $14K. Net investment income was $32K.

Key facts about William H Tolerton Trust

EIN
54-6137272
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$14,000
Grants made (2025)
1
Average grant
$14,000
Median grant
$14,000
Total assets
$402,199
Primary geography
Virginia (100% of itemized 2025 grant dollars)

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

How William H Tolerton Trust gives

  • Giving fell 22% from 2022 to 2025. Method
  • In 2025 it paid out 81% 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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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$402K

+2.2% YoY

Annual Giving

$14K

-6.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$14K

-6.7% YoY

Under IRS private-foundation payout rules, William H Tolerton Trust reported a distributable amount of $24K for 2025 — the minimum it must pay out in qualifying distributions.

About William H Tolerton Trust

Based on IRS filings

William H Tolerton Trust is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $402K in total assets. In 2025, it awarded 1 grant totaling $14K. Net investment income was $32K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

N ChesterfieldRichmondAbingtonNorfolk

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$23K$46K$69K$92K202020212022202320242025
Metric202520242023
Total Assets$402,199$393,720$394,549
Revenue$38,344$14,976$-5,794
Expenses$25,303$25,155$21,192
Qualifying Distributions$19,477$20,130$14,696
Net Investment Income$31,899$8,261$3,243
Distributable Amount$24,077$22,289$20,833

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$11K$17K$22K1 grants20201 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Foodbank of Southeastern Virginia: $14KFoodbank of SoutheasternVirginia$14K

Grant Size Distribution

5 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Foodbank of Southeastern Virginia ($14,000).

RecipientPurposeAmount
FOODBANK OF SOUTHEASTERN VIRGINIA Norfolk, VAUNRESTRICTED GENERAL$14,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Bank of America — Trustee: $7KBank of AmericaTrustee$7K

From 2025 IRS filing

NameTitleHoursCompensation
Bank of AmericaTrustee1$6,927

Frequently Asked Questions

How large is William H Tolerton Trust?

As of 2025, William H Tolerton Trust holds $402K in total assets with $38K in annual revenue. It awarded 1 grant totaling $14K in 2025.

Where does William H Tolerton Trust operate?

William H Tolerton Trust has awarded grants in Virginia.

What size grants does William H Tolerton Trust award?

In 2025, William H Tolerton Trust awarded 1 grant totaling $14K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is William H Tolerton Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, William H Tolerton Trust reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William H Tolerton Trust's EIN?

William H Tolerton Trust's EIN (Employer Identification Number) is 54-6137272. IRS Form 990 filing data is available on this page for 2020–2025.

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

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