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Frank & Margaret Arvin Family Educational Assistance Trust is a private trust based in JASPER, IN. The foundation received its IRS ruling in 1995. The principal officer is Peoples Bank. It holds total assets of $286K. Annual income is reported at $62K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Frank & Margaret Arvin Family Educational Assistance Trust has made 4 grants totaling $64K, with a median grant of $16K. Annual giving has grown from $8K in 2020 to $32K in 2022. Individual grants have ranged from $8K to $23K, with an average award of $16K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
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.
Frank & Margaret Arvin Family Educational Assistance Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IN.
Frank & Margaret Arvin Family Educational Assistance Trust has distributed a total of $64K across 4 grants. The median grant size is $16K, with an average of $16K. Individual grants have ranged from $8K to $23K.
Frank & Margaret Arvin Family Educational Assistance Trust typically selects its grantees rather than accepting unsolicited proposals.
Frank & Margaret Arvin Family Educational Assistance Trust is headquartered in JASPER, IN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| German America Bancorp | TRUSTEE | $5K | $0 | $5K |
| Jeffrey Doyle | PRINCIPAL | $0 | $0 | N/A |
| Chassity Sward | COUNSELOR | $0 | $0 | N/A |
| Travis Madison | SUPERINTENDENT | $0 | $0 | N/A |
Total Giving
$21K
Total Assets
$284K
Fair Market Value
$426K
Net Worth
$284K
Grants Paid
$15K
Contributions
N/A
Net Investment Income
$22K
Distribution Amount
$20K
Total Grants
4
Total Giving
$64K
Average Grant
$16K
Median Grant
$16K
Unique Recipients
2
Most Common Grant
$16K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleCOLLEGE SCHOLARSHIPS | Jasper, IN | $16K | 2022 |
| See AttachedEDUCATION SCHOLARSHIP | Montgomery, IN | $23K | 2021 |