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Alene Payton Scholarship Trust is a private trust based in EVANSVILLE, IN. The foundation received its IRS ruling in 2006. The principal officer is Old National Trust Co. It holds total assets of $413K. Annual income is reported at $148K. Total assets have grown from $337K in 2011 to $408K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. Tax records are available from 2018 to 2023. According to available records, Alene Payton Scholarship Trust has made 7 grants totaling $23K, with a median grant of $3K. Annual giving has decreased from $9K in 2021 to $5K in 2023. Individual grants have ranged from $2K to $6K, with an average award of $3K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Indiana and New Hampshire. 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.
Alene Payton Scholarship Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in IN, NH.
Alene Payton Scholarship Trust has distributed a total of $23K across 7 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $2K to $6K.
The application deadline is APRIL 1ST. Applicants must be graduating seniors of paoli high school. The scholarship committee shall pick worthy student(s), up to 3 per year to receive scholarships, based on financial need, and academic achieve.
Alene Payton Scholarship Trust is headquartered in EVANSVILLE, IN. While based in IN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Old National Wealth Management | TRUSTEE | $5K | $0 | $5K |
Total Giving
$11K
Total Assets
$408K
Fair Market Value
$448K
Net Worth
$408K
Grants Paid
$5K
Contributions
N/A
Net Investment Income
$43K
Distribution Amount
$21K
Total Grants
7
Total Giving
$23K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
5
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of EvansvilleSCHOLARSHIPS | Evansville, IN | $3K | 2023 |
| Southern New Hampshire UniversitySCHOLARSHIP | Manchester, NH | $2K | 2023 |
| Ivy Tech Community CollegeSCHOLARSHIPS | Bloomington, IN | $6K | 2022 |
| Indiana UniversitySCHOLARSHIPS | Indianapolis, IN | $3K | 2022 |
| IupuiSCHOLARSHIPS | Indianapolis, IN | $3K | 2021 |