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Also known as: C/O FIRST NATIONAL BANK IN OLNEY
Frank & Alice Godeke Scholarship Fund is a private corporation based in OLNEY, IL. The foundation received its IRS ruling in 2004. The principal officer is % First National Bank Trust. It holds total assets of $566K. Annual income is reported at $29K. THE FOUNDATION WILL AWARD 2 - 4 SCHOLARSHIPS PER YEAR TO GRADUATING STUDENTS OF RICHLAND COUNTY HIGH SCHOOL, DEPENDING UPON INCOME, EST RANGE FROM $10,000 - $20,000 PER SCHOLARSHIP. According to available records, Frank & Alice Godeke Scholarship Fund has made 16 grants totaling $166K, with a median grant of $11K. The foundation has distributed between $38K and $88K annually from 2022 to 2024. Grantmaking activity was highest in 2023 with $88K distributed across 8 grants. Individual grants have ranged from $5K to $11K, with an average award of $10K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
THE FOUNDATION WILL AWARD 2 - 4 SCHOLARSHIPS PER YEAR TO GRADUATING STUDENTS OF RICHLAND COUNTY HIGH SCHOOL, DEPENDING UPON INCOME, EST RANGE FROM $10,000 - $20,000 PER SCHOLARSHIP
THE FOUNDATION WILL AWARD 2 - 4 SCHOLARSHIPS PER YEAR TO GRADUATING STUDENTS OF RICHLAND COUNTY HIGH SCHOOL, DEPENDING UPON INCOME, EST RANGE FROM $10,000 - $20,000 PER SCHOLARSHIP. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in IL.
Frank & Alice Godeke Scholarship Fund has distributed a total of $166K across 16 grants. The median grant size is $11K, with an average of $10K. Individual grants have ranged from $5K to $11K.
The application deadline is MARCH 1ST OR NEXT BUSINESS DAY DEADLINE. FINANCIAL AID SCHOLARSHIPS ARE LIMITED TO HIGH SCHOOL GRADUATES OF RICHLAND COUNTY HIGH SCHOOL, OLNEY ILLINOIS, TO ASSIST GRADUATES IN OBTAINING BACHELOR DEGREES OR HIGHER. THERE SHALL BE NO FEWER THAN 2 NOR MORE THAN 4 ANNUAL RECIPIENTS.
Frank & Alice Godeke Scholarship Fund is headquartered in OLNEY, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First National Bank Trust Departmen | TRUSTEE | $12K | $0 | $12K |
Total Giving
$53K
Total Assets
$601K
Fair Market Value
$1.1M
Net Worth
$601K
Grants Paid
$40K
Contributions
$0
Net Investment Income
$24K
Distribution Amount
$53K
Total: $248K
Total Grants
16
Total Giving
$166K
Average Grant
$10K
Median Grant
$11K
Unique Recipients
8
Most Common Grant
$11K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kyle RennierSCHOLARSHIP TO FURTHER COLLEGE EDUCATION | Noble, IL | $10K | 2024 |
| Madelyn RuskSCHOLARSHIP TO FURTHER COLLEGE EDUCATION | Olney, IL | $10K | 2024 |
| Garrett WrightSCHOLARSHIP TO FURTHER COLLEGE EDUCATION | Olney, IL | $10K | 2024 |
| Taylor MerrittSCHOLARSHIP TO FURTHER COLLEGE EDUCATION | Olney, IL | $10K | 2024 |
| Brooks JulianSCHOLARSHIP TO FURTHER COLLEGE EDUCATION | Olney, IL | $11K | 2023 |
SIDNEY, MT
RICHLAND CTR, WI
COLUMBIA, SC
RHINELANDER, WI
RITZVILLE, WA
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Ethan SteberSCHOLARSHIP TO FURTHER COLLEGE EDUCATION | Claremont, IL | $11K | 2023 |
| Taquarius JohnsonSCHOLARSHIP TO FURTHER COLLEGE EDUCATION | Olney, IL | $11K | 2022 |
| Colby SteberSCHOLARSHIP TO FURTHER COLLEGE EDUCATION | Claremont, IL | $5K | 2022 |
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