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Also known as: SCHOLARSHIP FUND
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Arthur J Raef And Blanch D Raef Scholarship Fund is a private trust based in MOUNTAIN HOME, AR. The foundation received its IRS ruling in 2002. The principal officer is First Security Bank. It holds total assets of $475K. Annual income is reported at $260K. The foundation is governed by 1 officer or trustee. During 2022 there were 21 partial scholarships awarded to 21 qualified applicants. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Arkansas. According to available records, Arthur J Raef And Blanch D Raef Scholarship Fund has made 72 grants totaling $123K, with a median grant of $2K. The foundation has distributed between $30K and $61K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $61K distributed across 42 grants. Individual grants have ranged from $1K to $3K, with an average award of $2K. The foundation has supported 47 unique organizations. Grant recipients are concentrated in Arkansas. Contributions to this foundation are tax-deductible.
Smallest Grant
$350
Median Grant
$2K
Average Grant
$2K
Largest Grant
$2K
Based on 18 grants from the most recent 990-PF filing.
During 2020 there were 18 partial scholarships awared to 18 qualified applicants.
Expenses: $28K
During 2022 there were 21 partial scholarships awarded to 21 qualified applicants. Based on available records, the foundation has funded 72 grants. Its grantmaking reaches organizations primarily in AR.
Arthur J Raef And Blanch D Raef Scholarship Fund has distributed a total of $123K across 72 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $1K to $3K.
The application deadline is NOTIFICATION WILL BE GIVEN TO THE ARKANSAS STATE UNIVERSITY--MOUNTAIN HOME AND PUBLISHED IN AN ARKAN. Recipients shall be students attending arknsas state university in mountain home, arkansas.
Arthur J Raef And Blanch D Raef Scholarship Fund is headquartered in MOUNTAIN HOME, AR.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Security Bank | TRUSTEE | $0 | $0 | N/A |
Total Giving
$40K
Total Assets
$488K
Fair Market Value
$527K
Net Worth
$488K
Grants Paid
$33K
Contributions
N/A
Net Investment Income
$14K
Distribution Amount
$25K
Total: $315K
Total Grants
72
Total Giving
$123K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
47
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Paisley DavisEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $3K | 2023 |
| Madison CapleEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $3K | 2023 |
| Sadie QuickEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $3K | 2023 |
| Kelsey RoachEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $3K | 2023 |
| Andrea ShearerEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $3K | 2023 |
| Andrew TardiffEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $3K | 2023 |
| Aria UtechEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $3K | 2023 |
| Shye FischerEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $3K | 2023 |
| Caleb McgowanEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $3K | 2023 |
| Maranda JonesEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $3K | 2023 |
| Gracie E DoverEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $3K | 2023 |
| Sarah AkersEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $3K | 2023 |
| Masen WalkerEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $3K | 2023 |
| Shye L FischerEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $2K | 2022 |
| Tate N McreynoldsEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $2K | 2022 |
| Ella BrashearsEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $2K | 2022 |
| Jessica HolladayEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $2K | 2022 |
| Mattie BelkEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $2K | 2022 |
| Kassidi DoshierEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $2K | 2022 |
| Riley MoodyEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $2K | 2022 |
| Kaitlyn RichardEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $2K | 2022 |
| Caleb A McgowanEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $2K | 2022 |
| Kirsten J StroudEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $2K | 2022 |
| Jordan M RitenburgEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $2K | 2022 |
| Brionna N WescoatEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $1K | 2022 |
| Lucas J SuttonEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $1K | 2022 |
| Trakker Joseph EstesEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $1K | 2022 |
| Talon EstesEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $1K | 2022 |
| Madison WeaverEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $1K | 2022 |
| Reagan BuckleyEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $1K | 2022 |
| Kennedy L RenfroEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $1K | 2022 |
| Kyle D DobbsEDUCATIONAL SCHOLARSHIP | Mountain Home, AR | $1K | 2022 |