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Minnie L Maffett Scholarship Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1967. The principal officer is Ncnb Texas National Bank Ttee. It holds total assets of $1.2M. Annual income is reported at $654K. The foundation is governed by 3 officers and trustees. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Texas. According to available records, Minnie L Maffett Scholarship Trust has made 29 grants totaling $294K, with a median grant of $4K. The foundation has distributed between $64K and $160K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $160K distributed across 12 grants. Individual grants have ranged from $2K to $27K, with an average award of $10K. The foundation has supported 14 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$5K
Largest Grant
$21K
Based on 12 grants from the most recent 990-PF filing.
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.
Minnie L Maffett Scholarship Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in TX.
Minnie L Maffett Scholarship Trust has distributed a total of $294K across 29 grants. The median grant size is $4K, with an average of $10K. Individual grants have ranged from $2K to $27K.
The application deadline is APRIL 1. Primary requirements are financial need and high standard of mental abilities and moral character. Preference to be given to residents of limestone county, texas - particularly from rural districts.
Minnie L Maffett Scholarship Trust is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $24K | $0 | $24K |
| Veronica Decena Co Smu | COMMITTEE MEMBER | $0 | $0 | N/A |
| Brandon Bays Co Utsw | COMMITTEE MEMBER | $0 | $0 | N/A |
Total Giving
$103K
Total Assets
$1.2M
Fair Market Value
$1.8M
Net Worth
$1.2M
Grants Paid
$70K
Contributions
N/A
Net Investment Income
$67K
Distribution Amount
$85K
Total Grants
29
Total Giving
$294K
Average Grant
$10K
Median Grant
$4K
Unique Recipients
14
Most Common Grant
$2K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ut Southwestern Medical CenterFOR MEDICAL SCHOOL | Dallas, TX | $23K | 2024 |
| Southern Methodist UniversityFOR COLLEGE SCHOLARSHIPS | Dallas, TX | $23K | 2024 |
| Texas A&M UniversityFOR COLLEGE SCHOLARSHIPS | College Station, TX | $17K | 2024 |
| Sam Houston State UniversityFOR COLLEGE SCHOLARSHIPS | Huntsville, TX | $3K | 2024 |
| Weatherford CollegeFOR COLLEGE SCHOLARSHIPS | Weatherford, TX | $3K | 2024 |
| University Of TexasFOR COLLEGE SCHOLARSHIPS | Austin, TX | $4K | 2023 |
| Tyler Junior CollegeFOR COLLEGE SCHOLARSHIPS | Tyler, TX | $4K | 2023 |
| Southern Methodist University -COLLEGE SCHOLARSHIPS | Dallas, TX | $21K | 2021 |
| Tarleton State UniversityCOLLEGE SCHOLARSHIP | Stephenville, TX | $2K | 2021 |
| University Of Texas At ArlingtonCOLLEGE SCHOLARSHIP | Arlington, TX | $2K | 2021 |
| Texas State Technical CollegeCOLLEGE SCHOLARSHIP | Waco, TX | $2K | 2021 |
| Mclennan Community CollegeCOLLEGE SCHOLARSHIP | Waco, TX | $2K | 2021 |
| Blinn CollegeCOLLEGE SCHOLARSHIP | Bryan, TX | $2K | 2021 |
| Stephen F Austin State UniversityCOLLEGE SCHOLARSHIP | Nacogdoches, TX | $2K | 2021 |