//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Classon Family Scholarship Fund is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 2020. The principal officer is Jp Morgan Chase Bank Na. It holds total assets of $2.7M. Annual income is reported at $806K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Classon Family Scholarship Fund has made 3 grants totaling $496K, with a median grant of $166K. Annual giving has decreased from $332K in 2022 to $164K in 2023. Individual grants have ranged from $164K to $166K, with an average award of $165K. Grant recipients are concentrated in New Jersey. 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.
Classon Family Scholarship Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NJ.
Classon Family Scholarship Fund has distributed a total of $496K across 3 grants. The median grant size is $166K, with an average of $165K. Individual grants have ranged from $164K to $166K.
Classon Family Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Classon Family Scholarship Fund is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jpmorgan Chase Bank N A | TRUSTEE | $46K | $0 | $46K |
Total Giving
$210K
Total Assets
$2.8M
Fair Market Value
$3.3M
Net Worth
$2.8M
Grants Paid
$164K
Contributions
N/A
Net Investment Income
$160K
Distribution Amount
$169K
Total: $2.6M
Total Grants
3
Total Giving
$496K
Average Grant
$165K
Median Grant
$166K
Unique Recipients
1
Most Common Grant
$166K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Caldwell-West Caldwell BoardSCHOLARSHIP | West Caldwell, NJ | $164K | 2023 |