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Minnie Patton Scholarship Foundation is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2010. The principal officer is Charles Salmar Jr. It holds total assets of $11.1M. Annual income is reported at $3.4M. Total assets have grown from $2.5M in 2011 to $9.6M in 2023. 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, Minnie Patton Scholarship Foundation has made 13 grants totaling $1.2M, with a median grant of $77K. Annual giving has grown from $75K in 2021 to $690K in 2024. Individual grants have ranged from $75K to $115K, with an average award of $94K. The foundation has supported 6 unique organizations. 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.
Minnie Patton Scholarship Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in TX.
Minnie Patton Scholarship Foundation has distributed a total of $1.2M across 13 grants. The median grant size is $77K, with an average of $94K. Individual grants have ranged from $75K to $115K.
Minnie Patton Scholarship Foundation typically selects its grantees rather than accepting unsolicited proposals.
Minnie Patton Scholarship Foundation is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $197K | $0 | $197K |
Total Giving
$1M
Total Assets
$9.6M
Fair Market Value
$16.5M
Net Worth
$9.6M
Grants Paid
$690K
Contributions
N/A
Net Investment Income
$1.2M
Distribution Amount
$859K
Total Grants
13
Total Giving
$1.2M
Average Grant
$94K
Median Grant
$77K
Unique Recipients
6
Most Common Grant
$115K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dallas Baptist UniversityFUNDING FOR STUDENT | Dallas, TX | $115K | 2024 |
| Dallas County Community College DistrictFUNDING FOR STUDENT | Dallas, TX | $115K | 2024 |
| University Of Texas At DallasFUNDING FOR STUDENT | Richardson, TX | $115K | 2024 |
| Paul Quinn CollegeFUNDING FOR STUDENT | Dallas, TX | $115K | 2024 |
| University Of DallasFUNDING FOR STUDENT | Irving, TX | $115K | 2024 |
| Southern Methodist UniversityFUNDING FOR STUDENT | Dallas, TX | $115K | 2024 |