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Bruce & Gladys Wright Charitable Trust is a private corporation based in EDNA, TX. The foundation received its IRS ruling in 2000. The principal officer is Mike Myers. It holds total assets of $1.3M. Annual income is reported at $192K. Total assets have grown from $828K in 2010 to $1.3M in 2024. The foundation is governed by 4 officers and trustees. Provided 25 scholarships to edna high school graduates attending a texas college or university. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Texas. According to available records, Bruce & Gladys Wright Charitable Trust has made 29 grants totaling $130K, with a median grant of $3K. Annual giving has grown from $59K in 2021 to $71K in 2022. Individual grants have ranged from $1K to $23K, with an average award of $4K. The foundation has supported 16 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Bruce & Gladys Wright Charitable Trust reported 29 individual grants totaling $130,000 between 2021 and 2022 across its IRS Form 990-PF filings, with a median grant of $3,000. Half of those grants fell between $2,000 and $4,000. Its largest single grant in the record was $23,000. Its most recent available filing, for fiscal year 2022, reports $70,323 in total giving.
Grantmaking is concentrated in TX, which received 29 of the 29 grants on record (100 percent). Of its 16 distinct grantees, 81 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Texas Am University ($39,000), Sam Houston State University ($16,500) and University Of Mary Hardin-Baylor ($13,000).
Computed from 29 individual grant records (2021–2022) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$5K
Largest Grant
$23K
Based on 15 grants from the most recent 990-PF filing.
Provided 27 scholarships to edna high school graduates attending a texas college or university
Expenses: $69K
Provided grant to edna education foundation
Expenses: $2K
Provided 25 scholarships to edna high school graduates attending a texas college or university. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in TX.
Bruce & Gladys Wright Charitable Trust has distributed a total of $130K across 29 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $1K to $23K.
The application deadline is DEC 1 AND MAY 1. Must attend texas college or university, maintain 2.75 gpa and 24 hours annually.
Bruce & Gladys Wright Charitable Trust is headquartered in EDNA, TX.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carol Mcdonald | VICE-PRESIDENT | $0 | $0 | N/A |
| Mike Myers | PRESIDENT | $0 | $0 | N/A |
| Shelly Srp | TRUSTEE | $0 | $0 | N/A |
| Houston R Cummings | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.3M
Fair Market Value
N/A
Net Worth
$1.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
29
Total Giving
$130K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
16
Most Common Grant
$4K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Temple CollegeCOLLEGE SCHOLARSHIP | Temple, TX | $3K | 2021 |
| Texas Am University9 COLLEGE SCHOLARSHIPS | College Station, TX | $23K | 2022 |
| Sam Houston State University3 COLLEGE SCHOLARSHIPS | Huntsville, TX | $9K | 2022 |
| University Of Mary Hardin-Baylor2 COLLEGE SCHOLARSHIPS | Belton, TX | $7K | 2022 |
| Tarelton State University2 COLLEGE SCHOLARSHIPS | Stephenville, TX | $4K | 2022 |
| Texas State UniversityCOLLEGE SCHOLARSHIP | San Marcos, TX | $4K | 2022 |
| University Of TexasCOLLEGE SCHOLARSHIP | Austin, TX | $4K | 2022 |
| Texas Lutheran UniversityCOLLEGE SCHOLARSHIP | Seguin, TX | $4K | 2022 |
| University Of Texas San AntonioCOLLEGE SCHOLARSHIP | San Antonio, TX | $3K | 2022 |
| Texas Womens UniversityCOLLEGE SCHOLARSHIP | Denton, TX | $3K | 2022 |
| Wharton County Junior College2 COLLEGE SCHOLARSHIPS | Wharton, TX | $3K | 2022 |
| Baylor UniversityCOLLEGE SCHOLARSHIP | Waco, TX | $2K | 2022 |
| Blinn CollegeCOLLEGE SCHOLARSHIP | Brenham, TX | $2K | 2022 |
| Texas Am University - Corpus ChrisCOLLEGE SCHOLARSHIP | Corpus Christi, TX | $2K | 2022 |
| Edna Education FoundationTEACHER GRANTS | Edna, TX | $2K | 2022 |
| Victoria CollegeCOLLEGE SCHOLARSHIP | Victoria, TX | $1K | 2022 |