Before you apply to The Rail Heritage Trust First Option Bank Trustee
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Private Foundation
THE RAIL HERITAGE TRUST FIRST OPTION BANK TRUSTEE
THE RAIL HERITAGE TRUST FIRST OPTION BANK TRUSTEE is a Private Foundation headquartered in PAOLA, KS. Financial data from the 2026 filing: $628K revenue, $377K expenses, $6.8M total assets. IRS filings disclose 121 grants awarded by this foundation, totaling roughly $1.7M.
EIN: 464327372
PAOLA, KS
Named Trusts N.E.C.
NTEE: T90
Latest filing: 2026
Total Revenue$628K
Total Expenses$377K
Total Assets$6.8M
Grants Given121
Grant Total$1.7M
Filing Years2022–2026
Sample Grants Given
NASHVILLE STEAM PRESERVATION SOCIETY
LOCOMOTIVE 576 EECTRICAL COMPONENTS
$45,000
OREGON RAIL HERITAGE FOUNDATION
WORK ON ORNS 197 LOCOMOTIVE
$27,000
COLEBROOKDALE RAILROAD PRESERVATION TRUST
PULLMAN WOODLAND HEATING SYSTEM
$25,000
MINNESOTA TRANSPORTATION MUSEUM INC
PASSENGER CAR 1213 MODERNIZATION
$20,000
WATAUGA VALLEY RR HIST SOCIETY & MUSEUM INC
WORK ON CAR WATX 100
$15,550
Showing up to 5 of 121 total records — full history available with membership.
Officers & Directors
TRUSTEE
First Option Bank
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2026 | $628K | $377K | $6.8M |
| 2025 | $532K | $375K | $6.6M |
| 2024 | $458K | $362K | $6.4M |
| 2023 | $-243K | $354K | $6.3M |
| 2022 | $283K | $496K | $6.9M |
Between 2022 and 2026, reported annual revenue grew from $283K to $628K (+122%), with total assets most recently reported at $6.8M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in AK, AL, CA, CT, DC, FL, and 4 other states.
AKALCACTDCFLGAILINKS
Full geographic grant map with state-by-state breakdown available with membership.