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George H Marguerite C Luthe Education Trust is a private trust based in OLNEY, IL. The foundation received its IRS ruling in 2013. The principal officer is % Citizens National Bank Of Albion. It holds total assets of $1M. Annual income is reported at $192K. THE GEORGE H. & MARGUERITE C. LUTHE EDUCATION TRUST IS TO PROVIDE SCHOLARSHIPS TO ELIGIBLE RECIPIENTS WHO HAVE GRADUATED OR WILL GRADUATE FROM EDWARDS COUNTY HIGH SCHOOL IN ALBION, IL. IN 2022 $56,000 IN SCHOLARSHIPS WER DISTRIBUTED. According to available records, George H Marguerite C Luthe Education Trust has made 32 grants totaling $101K, with a median grant of $3K. The foundation has distributed between $45K and $56K annually from 2022 to 2023. Individual grants have ranged from $1K to $6K, with an average award of $3K. The foundation has supported 23 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
THE GEORGE H. & MARGUERITE C. LUTHE EDUCATION TRUST IS TO PROVIDE SCHOLARSHIPS TO ELIGIBLE RECIPIENTS WHO HAVE GRADUATED OR WILL GRADUATE FROM EDWARDS COUNTY HIGH SCHOOL IN ALBION, IL. IN 2022 $56,000 IN SCHOLARSHIPS WER DISTRIBUTED.
Expenses: $56K
THE GEORGE H. & MARGUERITE C. LUTHE EDUCATION TRUST IS TO PROVIDE SCHOLARSHIPS TO ELIGIBLE RECIPIENTS WHO HAVE GRADUATED OR WILL GRADUATE FROM EDWARDS COUNTY HIGH SCHOOL IN ALBION, IL. IN 2022 $56,000 IN SCHOLARSHIPS WER DISTRIBUTED. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in IL.
George H Marguerite C Luthe Education Trust has distributed a total of $101K across 32 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $1K to $6K.
The application deadline is APRIL 1ST FOR EACH YEAR.. MUST BE AN EDWARDS COUNTY HIGH SCHOOL GRADUATE WITH AT LEAST A "C" AVERAGE AND CERTAIN OTHER REQUIREMENTS.
George H Marguerite C Luthe Education Trust is headquartered in OLNEY, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Trustbank | TRUSTEE | $11K | $0 | $11K |
Total Giving
$58K
Total Assets
$1M
Fair Market Value
$1.1M
Net Worth
$1M
Grants Paid
$45K
Contributions
$0
Net Investment Income
$35K
Distribution Amount
$50K
Total: $961K
Total Grants
32
Total Giving
$101K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
23
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dylan RhodesCOLLEGE SCHOLARSHIP | Albion, IL | $4K | 2023 |
| Hayden SchwarzloseCOLLEGE SCHOLARSHIP | Albion, IL | $4K | 2023 |
| Cage MetcalfCOLLEGE SCHOLARSHIP | Albion, IL | $3K | 2023 |
| Madison HortinCOLLEGE SCHOLARSHIP | Albion, IL | $3K | 2023 |
| Kaylie ValletteCOLLEGE SCHOLARSHIP | Albion, IL | $3K | 2023 |
HOLYOKE, CO
CRAWFORDSVLLE, IN
LOUISVILLE, KY
PARIS, IL
JERSEYVILLE, IL
| Judah HensonCOLLEGE SCHOLARSHIP |
| Albion, IL |
| $3K |
| 2023 |
| Kaylie LandCOLLEGE SCHOLARSHIP | Albion, IL | $3K | 2023 |
| Audrey RotramelCOLLEGE SCHOLARSHIP | West Salem, IL | $3K | 2023 |
| Andrew RotramelCOLLEGE SCHOLARSHIP | West Salem, IL | $3K | 2023 |
| Eli BergerCOLLEGE SCHOLARSHIP | Fairfield, IL | $2K | 2023 |
| Hayley BuersterCOLLEGE SCHOLARSHIP | Albion, IL | $2K | 2023 |
| John Cole FishelCOLLEGE SCHOLARSHIP | West Salem, IL | $2K | 2023 |
| Emma GillCOLLEGE SCHOLARSHIP | Albion, IL | $2K | 2023 |
| Meredith GillardCOLLEGE SCHOLARSHIP | Albion, IL | $2K | 2023 |
| Lauren LukerCOLLEGE SCHOLARSHIP | Albion, IL | $2K | 2023 |
| Avery RooseveltCOLLEGE SCHOLARSHIP | Albion, IL | $2K | 2023 |
| Sam SpeirCOLLEGE SCHOLARSHIP | Albion, IL | $2K | 2023 |
| Noah SweenyCOLLEGE SCHOLARSHIP | Albion, IL | $1K | 2023 |
| Madison Glover HortinCOLLEGE SCHOLARSHIP | Bone Gape, IL | $5K | 2022 |
| James KrouseCOLLEGE SCHOLARSHIP | Albion, IL | $5K | 2022 |
| Kathryn KrouseCOLLEGE SCHOLARSHIP | Albion, IL | $5K | 2022 |
| Malia SchmittlerCOLLEGE SCHOLARSHIP | Ellery, IL | $4K | 2022 |
| Kyle MewesCOLLEGE SCHOLARSHIP | Albion, IL | $3K | 2022 |
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