1. Directory
  2. Texas
  3. Austin
  4. May Owen Irrevocable Trust
EIN 23-7377962

May Owen Irrevocable Trust

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Austin
State
Texas
Year formed
1974
Most recent tax filings
2022-12-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
The May Owen Irrevocable Trust lends money to qualified medical students who demonstrate financial need, with a mission to support their education. In 2022, the trust provided $147,500 in loans to 30 medical residents and students.
Related structure
May Owen Irrevocable Trust is a subordinate organization under Texas Medical Association (TMA).
Total revenues
$162,795
2022
Total expenses
$273,800
2022
Total assets
$4,349,225
2022
Num. employees
0
2022

Program areas at May Owen Irrevocable Trust

The fund loans money to qualified medical students who establish financial need. In 2022, $147,500 was loaned to 30 medical residents and medical students.

Personnel at May Owen Irrevocable Trust

NameTitleCompensation
Michael DarrouzetExecutive Vice President and Chief Executive Officer$0
Arlo F WeltgeSpeaker of the House / Vice House SPK$0
Gary W FloydPresident - Elect / Vice Chair / Secretary 2017 - 18 and Trustee$0
David C FleegerPresident / Vice Chair 2017 - 18 and Secretary$0
Bradford W HollandVice Speaker of the House$0
...and 10 more key personnel

Financials for May Owen Irrevocable Trust

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$44,756
Investment income and dividends$66,302
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$51,737
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$162,795

Form 990s for May Owen Irrevocable Trust

Fiscal year endingDate received by IRSFormPDF link
2021-122022-10-31990View PDF
2020-122021-11-11990View PDF
2019-122021-02-26990View PDF
2018-122020-06-10990View PDF
2017-122018-12-14990View PDF
...and 8 more Form 990s

Organizations like May Owen Irrevocable Trust

OrganizationLocationRevenue
Dr S E Thompson Scholarship FundAustin, TX$278,491
Charles C Powell FoundationStuart, VA$129,085
Welker Educational Scholarship and Loan FD First Interstate Bank TrusteeBillings, MT$109,086
Ritchie County Educational TrustHarrisville, WV$725,451
BootstrapsEvergreen, CO$440,805
CPA Endowment Fund of IllinoisChicago, IL$433,921
Ccim InstituteChicago, IL$700,109
Florida Bankers Educational FoundationTallahassee, FL$191,302
Texas Retired Teachers FoundationAustin, TX$341,382
Era Education FoundationEra, TX$131,397
Data update history
July 6, 2023
Updated personnel
Identified 2 new personnel
July 8, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 2, 2022
Updated personnel
Identified 3 new personnel
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
SchoolsChapter / child organizationsCharities
Issues
Education
Characteristics
Endowed supportTax deductible donationsNo full-time employees
General information
Address
401 W 15th St 100
Austin, TX 78701
Metro area
Austin-Round Rock-Georgetown, TX
Website URL
texmed.org/ 
Phone
(512) 370-1490
IRS details
EIN
23-7377962
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1974
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
Free account sign-up

Want updates when May Owen Irrevocable Trust has new information, or want to find more organizations like May Owen Irrevocable Trust?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy