Public Charity

MARY R GALLASPY CHARITABLE TRUST NO TWO

MARY R GALLASPY CHARITABLE TRUST NO TWO, of NATCHITOCHES, LA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $4.1M in revenue, $3.2M in expenses, $46.2M in total assets.

EIN: 452986977 NATCHITOCHES, LA Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$4.1M
Total Expenses$3.2M
Total Assets$46.2M
Grant Records0
Filing Years2021–2025

Mission

The trust instrument of the Charitable Trust directs that its income, and income only, shall be used by the Northwestern State University Foundation to establish two equal scholarship funds for undergraduate students at Northwestern State University.

Where $100 goes at Mary R Gallaspy Charitable Trust No Two

How Mary R Gallaspy Charitable Trust No Two divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$98
Monies representing trust income were both distributed to and are currenty held for the benefit of the Northwestern State University Foundation for the establishment of the following two…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Trustee Alex Washington
Trustee Barbara Jo Pease
Trustee Brian Bailey
Trustee B Scott Andrews
Trustee Cloyd Benjamin
Trustee Drake Owens

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $4.1M $3.2M $46.2M
2024 $3.5M $3.1M $43.3M
2023 $10.5M $10.3M $40.4M
2022 $7.6M $7.2M $32.8M
2021 $2.4M $2.2M $29.6M

Between 2021 and 2025, reported annual revenue grew from $2.4M to $4.1M (+75%), with total assets most recently reported at $46.2M.

Interactive year-over-year charts and full filing details available with membership.

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