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Donald And Gladys Heath Memorial Fund Scholarship Trust is a private trust based in ITHACA, NY. The foundation received its IRS ruling in 1992. The principal officer is Kpmg Peat Marwick Llp. It holds total assets of $542K. Annual income is reported at $55K. The foundation is governed by 2 officers and trustees. Tax records are available from 2018 to 2024. Grantmaking is concentrated in New York. According to available records, Donald And Gladys Heath Memorial Fund Scholarship Trust has made 20 grants totaling $65K, with a median grant of $4K. The foundation has distributed between $15K and $32K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $32K distributed across 10 grants. Individual grants have ranged from $2K to $6K, with an average award of $3K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in New York, Maine, Pennsylvania, which account for 95% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$4K
Based on 5 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.
Donald And Gladys Heath Memorial Fund Scholarship Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in NY, ME, PA.
Donald And Gladys Heath Memorial Fund Scholarship Trust has distributed a total of $65K across 20 grants. The median grant size is $4K, with an average of $3K. Individual grants have ranged from $2K to $6K.
The application deadline is SEE ATTACHED. See Attached.
Donald And Gladys Heath Memorial Fund Scholarship Trust is headquartered in ITHACA, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tompkins Community Bank | TRUSTEE | $4K | $0 | $4K |
| Bank Of America | TRUSTEE | $4K | $0 | $4K |
Total Giving
$28K
Total Assets
$574K
Fair Market Value
$601K
Net Worth
$574K
Grants Paid
$18K
Contributions
N/A
Net Investment Income
$57K
Distribution Amount
$27K
Total: $160K
Total Grants
20
Total Giving
$65K
Average Grant
$3K
Median Grant
$4K
Unique Recipients
14
Most Common Grant
$4K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Suny OswegoSCHOLARSHIP | Oswego, NY | $6K | 2024 |
| Robert Morris UniversitySCHOLARSHIP | Moon Twp, PA | $4K | 2024 |
| Rochester Institute Of TechnologySCHOLARSHIP | Rochester, NY | $4K | 2024 |
| University Of RochesterSCHOLARSHIP | Rochester, NY | $2K | 2024 |
| Nova Southeastern UniversitySCHOLARSHIP | Fort Lauderdale, FL | $2K | 2024 |
| Us Military Academy West PointSCHOLARSHIP | West Point, NY | $4K | 2023 |
| Binghamton UniversitySCHOLARSHIP | Binghamton, NY | $4K | 2023 |
| Clarkson UniversitySCHOLARSHIP | Potsdam, NY | $4K | 2023 |
| University Of New EnglandSCHOLARSHIP | Biddeford, ME | $2K | 2023 |
| St John Fisher UniversitySCHOLARSHIP | Rochester, NY | $2K | 2023 |
| Suny CortlandSCHOLARSHIP | Cortland, NY | $3K | 2021 |
| Roberts Wesleyan CollegeSCHOLARSHIP | Rochester, NY | $3K | 2021 |
| Suny GeneseoSCHOLARSHIP | Geneseo, NY | $3K | 2021 |
| Brockport State UniversitySCHOLARSHIP | Brockport, NY | $2K | 2021 |