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Edgar & Lucile Schergens Foundation Inc. is a private corporation based in TELL CITY, IN. The foundation received its IRS ruling in 1995. The principal officer is % Kristi Applegate. It holds total assets of $7.7M. Annual income is reported at $8.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Edgar & Lucile Schergens Foundation Inc. has made 27 grants totaling $940K, with a median grant of $9K. The foundation has distributed between $309K and $315K annually from 2020 to 2022. Individual grants have ranged from $500 to $309K, with an average award of $35K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Indiana, Kentucky, Texas, which account for 93% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Edgar & Lucile Schergens Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in IN, KY, TX.
Edgar & Lucile Schergens Foundation Inc. has distributed a total of $940K across 27 grants. The median grant size is $9K, with an average of $35K. Individual grants have ranged from $500 to $309K.
PERRY COUNTY INDIANA RECIPIENTS PREFERRED, BUT NOT REQUIRED.
Edgar & Lucile Schergens Foundation Inc. is headquartered in TELL CITY, IN. While based in IN, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kristi Applegate | Treasurer | $0 | $0 | $0 |
| Derrel Zellers | Secretary | $0 | $0 | $0 |
| William Borders | President | $0 | $0 | $0 |
| Karen Werner | Vice President | $0 | $0 | $0 |
Total Giving
$299K
Total Assets
$6.7M
Fair Market Value
$7M
Net Worth
$6.7M
Grants Paid
$286K
Contributions
$2K
Net Investment Income
$174K
Distribution Amount
$344K
Total: $6.5M
Total Grants
27
Total Giving
$940K
Average Grant
$35K
Median Grant
$9K
Unique Recipients
23
Most Common Grant
$9K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| College ScholarshipsCollege Scholarships | Tell City, IN | $309K | 2022 |
| Perry County Junior AchievementCharitable Support | Tell City, IN | $6K | 2022 |
| Perry County Memorial Hospital FoundationCHARITABLE SUPPORT | Tell City, IN | $25K | 2021 |
| National Child Safety CouncilCHARITABLE SUPPORT | Tell City, IN | $2K | 2021 |
| Perry Central Council On AgingLUNCH PROGRAM | Cannelton, IN | $500 | 2021 |
| College Scholarships To Indiana UniversityCOLLEGE SCHOLARSHIPS | Bloomington, IN | $68K | 2020 |
| College Scholarships To Vocational SchoolsCOLLEGE SCHOLARSHIPS | Various, IN | $63K | 2020 |
| College Scholarships To IupuiCOLLEGE SCHOLARSHIPS | Indianapolis, IN | $26K | 2020 |
| College Scholarships To Purdue UniversityCOLLEGE SCHOLARSHIPS | West Lafayette, IN | $26K | 2020 |
| College Scholarships To University Of Southern IndianaCOLLEGE SCHOLARSHIPS | Evansville, IN | $17K | 2020 |
| Tell City Historical SocietyCHARITABLE SUPPORT | Tell City, IN | $10K | 2020 |
| College Scholarships To University Of EvansvilleCOLLEGE SCHOLARSHIPS | Evansville, IN | $9K | 2020 |
| College Scholarships To Depauw UniversityCOLLEGE SCHOLARSHIPS | Greencastle, IN | $9K | 2020 |
| College Scholarships To Murray State UniversityCOLLEGE SCHOLARSHIPS | Murray, KY | $9K | 2020 |
| College Scholarships To Dallas Baptist UniversityCOLLEGE SCHOLARSHIPS | Dallas, TX | $9K | 2020 |
| College Scholarships To Stanford UniversityCOLLEGE SCHOLARSHIPS | Stanford, CA | $9K | 2020 |
| College Scholarships To Vincennes UniversityCOLLEGE SCHOLARSHIPS | Vincennes, IN | $9K | 2020 |
| College Scholarships To University Of LouisvilleCOLLEGE SCHOLARSHIPS | Louisville, KY | $9K | 2020 |
| College Scholarships To Oral Roberts UniversityCOLLEGE SCHOLARSHIPS | Tulsa, OK | $5K | 2020 |
| Perry Central Activity FundLUNCH PROGRAM | Leopold, IN | $2K | 2020 |
| Tell City High SchoolLUNCH PROGRAM | Tell City, IN | $2K | 2020 |
| St Raphael The Archangel SchoolCHARITABLE SUPPORT | Louisville, KY | $500 | 2020 |
| Perry County Business Development CorporationCHARITABLE SUPPORT | Tell City, IN | $500 | 2020 |
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