Wm Michael Shelton Educational Trust Fund

DALLAS, TX EIN: 91-6475182

Wm Michael Shelton Educational Trust Fund is a private foundation focused on Education, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $746K in total assets. In 2024, it awarded 1 grants totaling $37K. Net investment income was $64K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$746K

+3.0% YoY

Annual Giving

$37K

+36.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$37K

+36.8% YoY

Under IRS private-foundation payout rules, Wm Michael Shelton Educational Trust Fund reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.

About Wm Michael Shelton Educational Trust Fund

Based on IRS filings

Focus Areas

Education

Ready to take the next step with Wm Michael Shelton Educational Trust Fund?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Washington $177K (100%)

States

Washington

Cities

Mill Creek

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$746,026	$724,271	$741,170
Revenue	$74,027	$23,298	$-17,877
Expenses	$51,484	$39,937	$58,765
Qualifying Distributions	$41,992	$31,644	$46,288
Net Investment Income	$64,042	$12,635	$6,261
Distributable Amount	$42,198	$38,578	$39,612

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Scottish Rite Scholarship ($36,593).

Recipient	Purpose	Amount
SCOTTISH RITE SCHOLARSHIP MILL CREEK, WA	SUPPORT SCHOLARSHIP FUND	$36,593

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	$12,184

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Wm Michael Shelton Educational Trust Fund?

Wm Michael Shelton Educational Trust Fund is a private foundation focused on Education, based in DALLAS, TX. It holds $746K in total assets as of 2024.

How large is Wm Michael Shelton Educational Trust Fund?

As of 2024, Wm Michael Shelton Educational Trust Fund holds $746K in total assets with $74K in annual revenue. It awarded 1 grants totaling $37K in 2024.

Where does Wm Michael Shelton Educational Trust Fund operate?

Wm Michael Shelton Educational Trust Fund has awarded grants in Washington.

What size grants does Wm Michael Shelton Educational Trust Fund award?

In 2024, Wm Michael Shelton Educational Trust Fund awarded 1 grants totaling $37K — an average of about $37K per grant, based on its IRS Form 990 filings.

How much is Wm Michael Shelton Educational Trust Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wm Michael Shelton Educational Trust Fund reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Wm Michael Shelton Educational Trust Fund's EIN?

Wm Michael Shelton Educational Trust Fund's EIN (Employer Identification Number) is 91-6475182. IRS Form 990 filing data is available on this page for 2020–2024.