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Also known as: EDUCATIONAL FOUNDATION INC
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Fran & Jean Burst Educational Foundation Incorporated is a private corporation based in GREENSBURG, IN. The foundation received its IRS ruling in 1997. It holds total assets of $758K. Annual income is reported at $76K. Total assets have grown from $207K in 2011 to $704K in 2022. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. Tax records are available from 2019 to 2023. Grantmaking is concentrated in Indiana. According to available records, Fran & Jean Burst Educational Foundation Incorporated has made 29 grants totaling $141K, with a median grant of $5K. Annual giving has grown from $45K in 2021 to $96K in 2022. Individual grants have ranged from $4K to $8K, with an average award of $5K. The foundation has supported 14 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$6K
Based on 10 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.
Fran & Jean Burst Educational Foundation Incorporated primarily funds organizations in the area of education. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in IN.
Fran & Jean Burst Educational Foundation Incorporated has distributed a total of $141K across 29 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $4K to $8K.
The application deadline is JUNE 1. Batesville, in area residents who attended batesville high school or oldenburg academy.
Fran & Jean Burst Educational Foundation Incorporated is headquartered in GREENSBURG, IN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nancy Narwold | Secretary | $2K | $0 | $2K |
| Paul Ketcham | Vice President | $0 | $0 | N/A |
| James H Freeland | President | $0 | $0 | N/A |
| Annette Hunger | Secretary | $0 | $0 | N/A |
Total Giving
$67K
Total Assets
$704K
Fair Market Value
$1M
Net Worth
$704K
Grants Paid
$51K
Contributions
N/A
Net Investment Income
$71K
Distribution Amount
$46K
Total: $668K
Total Grants
29
Total Giving
$141K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$4K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grace TongesSCHOLARSHIP | Batesville, IN | $6K | 2022 |
| Anna GerthSCHOLARSHIP | Batesville, IN | $6K | 2022 |
| Pamela ManesesSCHOLARSHIP | Batesville, IN | $5K | 2022 |
| Elizabeth HeidlageSCHOLARSHIP | Batesville, IN | $5K | 2022 |
| Kylie HammondSCHOLARSHIP | Batesville, IN | $5K | 2022 |
| Sophie WesselerSCHOLARSHIP | Batesville, IN | $5K | 2022 |
| Kyle SiefertSCHOLARSHIP | Batesville, IN | $4K | 2022 |
| Allison AndrewsSCHOLARSHIP | Batesville, IN | $4K | 2022 |
| Jenna ErtelSCHOLARSHIP | Batesville, IN | $4K | 2022 |
| Rachel KuntzSCHOLARSHIP | Batesville, IN | $4K | 2022 |
| Isabella StangeSCHOLARSHIP | Batesville, IN | $4K | 2021 |
| Candace CampbellSCHOLARSHIP | Batesville, IN | $4K | 2021 |
| Megan HuberSCHOLARSHIP | Batesville, IN | $4K | 2021 |
| Sydney LecherSCHOLARSHIP | Batesville, IN | $4K | 2021 |