Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Charles Eades Scholarship Trust is a private trust based in EVANSVILLE, IN. The foundation received its IRS ruling in 2008. The principal officer is Old National Trust Co. It holds total assets of $1.4M. Annual income is reported at $477K. Total assets have grown from $1.1M in 2011 to $1.4M 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. Grantmaking is concentrated in Kentucky. According to available records, Charles Eades Scholarship Trust has made 19 grants totaling $219K, with a median grant of $9K. Annual giving has grown from $46K in 2020 to $140K in 2022. Individual grants have ranged from $3K to $35K, with an average award of $12K. The foundation has supported 9 unique organizations. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$17K
Based on 7 grants from the most recent 990-PF filing.
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.
Charles Eades Scholarship Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in KY.
Charles Eades Scholarship Trust has distributed a total of $219K across 19 grants. The median grant size is $9K, with an average of $12K. Individual grants have ranged from $3K to $35K.
Students residing in hughes kirk area of muhlenberg county.
Charles Eades Scholarship Trust is headquartered in EVANSVILLE, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Old National Wealth Management | TRUSTEE | $20K | $0 | $20K |
Total Giving
$83K
Total Assets
$1.4M
Fair Market Value
$1.7M
Net Worth
$1.4M
Grants Paid
$62K
Contributions
N/A
Net Investment Income
$98K
Distribution Amount
$87K
Total Grants
19
Total Giving
$219K
Average Grant
$12K
Median Grant
$9K
Unique Recipients
9
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of KentuckySCHOLARSHIPS | Lexington, KY | $14K | 2022 |
| Madisonville Community CollegeSCHOLARSHIPS | Madisonville, KY | $35K | 2022 |
| Western Kentucky UniversitySCHOLARSHIPS | Bowling Green, KY | $14K | 2022 |
| Owensboro Community And TechnicalSCHOLARSHIPS | Owensboro, KY | $7K | 2022 |
| Murray State UniversitySCHOLARSHIPS | Murray, KY | $3K | 2021 |
| Lindsey Wilson CollegeSCHOLARSHIPS | Columbia, KY | $3K | 2021 |
| Brescia UniversitySCHOLARSHIP | Owensboro, KY | $3K | 2020 |
| Asbury UniversitySCHOLARSHIPS | Wilmore, KY | $3K | 2020 |
| Kentucky Wesleyan CollegeSCHOLARSHIP | Owensboro, KY | $3K | 2020 |