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The Rail Heritage Trust First Option Bank Trustee

Paola, KS · EIN 464327372 990-PF tax year 2025

Historical funder research: IRS Form 990-PF filings from US private foundations, showing who funded what in past years. This is not a list of currently open grant calls, and we do not track open RFPs from private foundations. From public IRS Form 990-PF filings (latest on file for this funder: tax year 2025). Coverage: tax years 2019–2025. Freshness: the IRS releases these returns 1.5–2+ years after the tax year ends, so 2025 is still partial and a funder's newest grants may not appear yet. Last updated: November 14, 2026. Filings can contain errors, so confirm current priorities and deadlines with the funder before applying.

Grants paid (tax yr 2025)
$250,000
Assets (fair market value)
$7,410,337
Median grant to orgs
$11,100
all loaded years
Grants in our data
77
since tax year 2022
Giving by tax year
$250,000
2022
21 grants
$250,000
2023
18 grants
$250,000
2024
18 grants
$250,000
2025
20 grants

Year 2025 is still partial because many returns have not been filed or released yet. That is a freshness issue — coverage in our dataset is tax years 2019–2025.

Top recipient states
PA$139,100
OR$115,500
TN$110,550
NJ$80,500
CA$67,000
MN$55,000
IN$52,000
IL$50,000
Cause areas funded
Arts, Culture & Humanities48
Public & Societal Benefit1
Unknown1

Only 64.9% of this funder's organizational grants could be linked to an IRS cause code.

How to apply (from the 990-PF, tax year 2025)
Form & materials
APPLICATION IS AVAILABLE AT: FIRSTOPTIONBANK.COM/ABOUT-US/ FOUNDATIONS-AND-SCHOLARSHIPS/ SUBMIT ONLINE TO: APPLICATION@EMERYRAILHERITAGETRUST.ORG. EMAIL QUESTIONS TO QUESTIONS@EMERYRAILHERITAGETRUST.ORG.
Deadlines
APPLICATIONS ARE ACCEPTED UNTIL 11:59 PM CST FEB 1 OF EACH YEAR.
Restrictions
FUNDS WILL ONLY BE DISTRIBUTED TO SEC 501(C)(3) CHARITABLE ORGANIZATIONS THAT PROVIDE TO THE PUBLIC THE ACTUAL EXPERIENCE OF TRAVEL BY RAIL DURING THE GOLDEN AGE. FUNDS WILL BE DISTRIBUTED TO SUPPORT THE RECREATION, RESTORATION AND PRESERVATION OF ACTUAL RAIL TRAVEL DURING THE "GOLDEN AGE" OF U.S. RAIL PASSENGER SERVICE - 1920 THROUGH 1960.
Recent grants to organizations
RecipientLocationPurpose (as filed)AmountTax yr
Nashville Steam Preservation SocietyNashville, TNLOCOMOTIVE 576 EECTRICAL COMPONENTS$45,0002025
Oregon Rail Heritage FoundationPortland, ORWORK ON ORNS 197 LOCOMOTIVE$27,0002025
Colebrookdale Railroad Preservation TrustBoyertown, PAPULLMAN WOODLAND HEATING SYSTEM$25,0002025
Minnesota Transportation Museum IncSt Paul, MNPASSENGER CAR 1213 MODERNIZATION$20,0002025
Watauga Valley RR Hist Society & Museum IncJonesborough, TNWORK ON CAR WATX 100$15,5502025
Western Michigan Society for Industrial HeritageCoopersville, MIPAINTING TWO CN COACHES$15,0002025
Adirondack Railway Preservation SocietyUtica, NYRETURN NYC RS3 8223 TO SERVICE$11,1002025
Railroad Museum Golden GateMiami, FLRESTORATION OF FEC COACH #136$11,0002025
Tri-State Railway Historical Society IncBoonton, NJREWIRE OF F3A LOCOMOTIVE$10,0002025
Smoky Hill Railway & Hist Society IncBelton, MOREPAINT ENGINE & CABOOSE$10,0002025
Pacific Southwest Railway MuseumLa Mesa, CARESTORATION SP 3709$10,0002025
Friends of the SP4449 IncPortland, ORPAINT DLMX DINING CAR$10,0002025
Anthracite Railroads Historical Society IncFort Washington, PAB-UNIT GENERATOR REBUILD$10,0002025
Norfolk & Western Business Car 300 Preservation Soc IncChesterton, INHOLLINS COLLEGE WINDOWS$7,0002025
West Chester Railroad Heritage AssocWest Chester, PAMAINTENANCE ON EX-READING MU CARS$5,0002025
Railways to Yesterday IncRockhill Furnace, PAREDO SEATS FOR AE&C CAR 315$5,0002025
North Carolina Transportation Museum FoundationSpencer, NCRESTORE N&W COMBINE 1506$5,0002025
Fox River Trolley Association IncSouth Elgin, ILTWO PROJECTS$5,0002025
Connecticut Electric Rwy Assn IncEast Windsor, CTRELETTERING & PAINTING CA&E 303$2,3502025
El Dorado Western Railway FoundationPlacerville, CAWORK ON RAILROAD CARS$1,0002025
Oregon Rail Heritage FoundationPortland, ORGRANTS, DONATIONS, HOLIDAY EXPRESS TRAINS$27,0002024
Railway Restoration Project #113Minersville, PAPRIVATE & PUBLIC DONATIONS, TICKET SALES, NRHS$25,0002024
Tennessee Valley Railroad Museum IncChattanooga, TNTICKET SALES, SPONSORSHIPS AND DONATIONS$20,0002024
Western Maryland Scenic Railroad Development CorporationCumberland, MDMARYLAND BOARD OF PUBLIC WORKS$15,0002024
United Railroad Historical Society of NJ IncBoonton, NJHUDSON RIVER RAIL EXCURSIONS$15,0002024

Grants to individuals are counted but not named.

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