Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Elder G Hoines Memorial Scholarship Foundation is a private corporation based in CRESCO, IA. The foundation received its IRS ruling in 1988. The principal officer is John Hoines. It holds total assets of $174K. Annual income is reported at $8K. Total assets have grown from $22K in 2011 to $155K in 2023. The foundation is governed by 2 officers and trustees. Scholarships to two high school student for college given through dollars for scholars program. Tax records are available from 2016 to 2023. According to available records, Elder G Hoines Memorial Scholarship Foundation has made 8 grants totaling $11K, with a median grant of $1K. Annual giving has grown from $1K in 2020 to $4K in 2023. Grantmaking activity was highest in 2022 with $4K distributed across 2 grants. Individual grants have ranged from $500 to $4K, with an average award of $2K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Scholarships to two high school student for college given through dollars for scholars program.
Expenses: $1K
Scholarships to two high school student for college given through dollars for scholars program. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in IA.
Elder G Hoines Memorial Scholarship Foundation has distributed a total of $11K across 8 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $500 to $4K.
The application deadline is SEE COPY OF ART IV-GRANT PROCEDURES. See copy of art iv- grant procedures.
Elder G Hoines Memorial Scholarship Foundation is headquartered in CRESCO, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sonja Lively | TRUSTEE | $0 | $0 | N/A |
| John Hoines | TRUSTEE | $0 | $0 | N/A |
Total Giving
$4K
Total Assets
$155K
Fair Market Value
$155K
Net Worth
$155K
Grants Paid
$4K
Contributions
$2K
Net Investment Income
$5K
Distribution Amount
N/A
Total: $135K
Total Grants
8
Total Giving
$11K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
2
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dollars For Scholars ProgramSCHOLARSHIP | Cresco, IA | $4K | 2023 |
| The Dollars For ScholarsSCHOLARSHIP | Cresco, IA | — | 2023 |