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Fred N Maloof Memorial Scholarship Fund is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 1979. The principal officer is First American Bank. It holds total assets of $767K. Annual income is reported at $301K. The foundation is governed by 1 officer or trustee. 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 2019 to 2024. According to available records, Fred N Maloof Memorial Scholarship Fund has made 2 grants totaling $81K, with a median grant of $41K. Annual giving has grown from $33K in 2021 to $48K in 2023. Individual grants have ranged from $33K to $48K, with an average award of $41K. Grant recipients are concentrated in Tennessee. 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.
Fred N Maloof Memorial Scholarship Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in TN.
Fred N Maloof Memorial Scholarship Fund has distributed a total of $81K across 2 grants. The median grant size is $41K, with an average of $41K. Individual grants have ranged from $33K to $48K.
Fred N Maloof Memorial Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Fred N Maloof Memorial Scholarship Fund is headquartered in SAINT LOUIS, MO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $13K | $0 | $13K |
Total Giving
$58K
Total Assets
$789K
Fair Market Value
$887K
Net Worth
$789K
Grants Paid
$44K
Contributions
N/A
Net Investment Income
$16K
Distribution Amount
$41K
Total Grants
2
Total Giving
$81K
Average Grant
$41K
Median Grant
$41K
Unique Recipients
1
Most Common Grant
$48K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lincoln Memorial UniversityGENERAL OPERATING | Harrogate, TN | $48K | 2023 |