Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Milton E Daniel Trust is a private 6 based in DALLAS, TX. The foundation received its IRS ruling in 1983. The principal officer is Bank Of America Na. It holds total assets of $55.7M. Annual income is reported at $19.8M. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Milton E Daniel Trust has made 3 grants totaling $9.8M, with a median grant of $3.4M. Annual giving has decreased from $6.7M in 2023 to $3.1M in 2024. Individual grants have ranged from $3.1M to $3.4M, with an average award of $3.3M. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Milton E Daniel Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in TX.
Milton E Daniel Trust has distributed a total of $9.8M across 3 grants. The median grant size is $3.4M, with an average of $3.3M. Individual grants have ranged from $3.1M to $3.4M.
Milton E Daniel Trust typically selects its grantees rather than accepting unsolicited proposals.
Milton E Daniel Trust is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $362K | $0 | $362K |
Total Giving
$3.6M
Total Assets
$55.4M
Fair Market Value
$70.8M
Net Worth
$55.4M
Grants Paid
$3.1M
Contributions
N/A
Net Investment Income
$5.5M
Distribution Amount
$3.3M
Total Grants
3
Total Giving
$9.8M
Average Grant
$3.3M
Median Grant
$3.4M
Unique Recipients
1
Most Common Grant
$3.4M
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Texas Christian UniversityUNRESTRICTED GENERAL | Fort Worth, TX | $3.1M | 2024 |