Also known as: SCHOLARSHIP TR ST 016140
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Dwight & Virginia Deen Schoeff Scholarship Trust is a private corporation based in MUNCIE, IN. The foundation received its IRS ruling in 2005. The principal officer is Merchants Trust Company Trustee. It holds total assets of $2.4M. Annual income is reported at $1.5M. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Indiana. According to available records, Dwight & Virginia Deen Schoeff Scholarship Trust has made 95 grants totaling $755K, with a median grant of $7K. Annual giving has grown from $60K in 2020 to $115K in 2023. Grantmaking activity was highest in 2022 with $446K distributed across 38 grants. Individual grants have ranged from $826 to $14K, with an average award of $8K. The foundation has supported 31 unique organizations. Grants have been distributed to organizations in Indiana and North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$826
Median Grant
$3K
Average Grant
$3K
Largest Grant
$6K
Based on 18 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.
Dwight & Virginia Deen Schoeff Scholarship Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 95 grants. Its grantmaking reaches organizations primarily in IN, NC.
Dwight & Virginia Deen Schoeff Scholarship Trust has distributed a total of $755K across 95 grants. The median grant size is $7K, with an average of $8K. Individual grants have ranged from $826 to $14K.
The application deadline is MARCH 1. Awards are given to high schoold graduates who plan to pursue a teaching degree. Preference will be given to music education. Form, information and materials: the recipient must maintain a 3.0 gpa.
Dwight & Virginia Deen Schoeff Scholarship Trust is headquartered in MUNCIE, IN. While based in IN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Merchants Private Wlth Adviso | TRUSTEE | $28K | $0 | $28K |
Total Giving
$147K
Total Assets
$1.7M
Fair Market Value
$2.4M
Net Worth
$1.7M
Grants Paid
$115K
Contributions
N/A
Net Investment Income
$110K
Distribution Amount
$131K
Total: $1.7M
Total Grants
95
Total Giving
$755K
Average Grant
$8K
Median Grant
$7K
Unique Recipients
31
Most Common Grant
$14K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Carter MintonSCHOLARSHIPS | Muncie, IN | $8K | 2023 |
| Emily McclureSCHOLARSHIPS | Muncie, IN | $8K | 2023 |
| Brylee KoontzSCHOLARSHIPS | Gaston, IN | $8K | 2023 |
| Emily NunemakerSCHOLARSHIPS | Muncie, IN | $8K | 2023 |
| Haley BauguesSCHOLARSHIPS | Muncie, IN | $8K | 2023 |
| Ian BowleySCHOLARSHIPS | Anderson, IN | $8K | 2023 |
| Kaylee FenderSCHOLARSHIPS | Muncie, IN | $8K | 2023 |
| Lauren HuffmanSCHOLARSHIPS | Gaston, IN | $8K | 2023 |
| Michael BivenSCHOLARSHIPS | Muncie, IN | $8K | 2023 |
| Morgan GardnerSCHOLARSHIPS | Hartford City, IN | $8K | 2023 |
| Sydney SmithSCHOLARSHIPS | Muncie, IN | $8K | 2023 |
| Taylor GriffeySCHOLARSHIPS | Muncie, IN | $8K | 2023 |
| Lauren LuceSCHOLARSHIPS | Selma, IN | $8K | 2023 |
| Lily YangSCHOLARSHIPS | Chapel Hill, NC | $8K | 2023 |
| Molly DavisSCHOLARSHIPS | Yorktown, IN | $8K | 2023 |
| Alana StonewallSCHOLARSHIPS | New Castle, IN | $14K | 2022 |
| Allison PolkSCHOLARSHIPS | Muncie, IN | $14K | 2022 |
| Brenna HaleySCHOLARSHIPS | Chesterfield, IN | $14K | 2022 |
| Ezra CrowSCHOLARSHIPS | Muncie, IN | $14K | 2022 |
| Anna BeachSCHOLARSHIPS | Muncie, IN | $4K | 2022 |
| Reilly LivingstonSCHOLARSHIPS | Yorktown, IN | $4K | 2022 |
| Jenna OdonohueSCHOLARSHIPS | Muncie, IN | $4K | 2022 |