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Also known as: EDUCATIONAL ASSISTANCE FUND
George W And Lolita D Kern Educational Assistance Fund is a private trust based in WINCHESTER, KY. The foundation received its IRS ruling in 2023. The principal officer is % Mccready. It holds total assets of $1M. Annual income is reported at $423K. The foundation operates in the area of education. According to available records, George W And Lolita D Kern Educational Assistance Fund has made 22 grants totaling $127K, with a median grant of $5K. Annual giving has grown from $53K in 2023 to $74K in 2024. Individual grants have ranged from $250 to $16K, with an average award of $6K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in New York, Maine, Connecticut, which account for 50% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
George W And Lolita D Kern Educational Assistance Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in NY, ME, CT.
George W And Lolita D Kern Educational Assistance Fund has distributed a total of $127K across 22 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $250 to $16K.
George W And Lolita D Kern Educational Assistance Fund typically selects its grantees rather than accepting unsolicited proposals.
George W And Lolita D Kern Educational Assistance Fund is headquartered in WINCHESTER, KY. While based in KY, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jane H Mccready | TRUSTEE | $0 | $0 | $0 |
Total Giving
$102K
Total Assets
$1.1M
Fair Market Value
$1.3M
Net Worth
$1.1M
Grants Paid
$74K
Contributions
$0
Net Investment Income
$24K
Distribution Amount
$61K
Total: $1M
Total Grants
22
Total Giving
$127K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
15
Most Common Grant
$3K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of VirginiaSCHOLARSHIPS | Charlottesville, VA | $2K | 2023 |
| Bowdoin CollegeSCHOLARSHIPS | Brunswick, ME | $16K | 2024 |
| Collegiate SchoolSCHOLARSHIPS | New York, NY | $15K | 2024 |
| Saint Andrews-Sewanee SchoolSCHOLARSHIPS | Saint Andrews, TN | $8K | 2024 |
| Greenwich AcademySCHOLARSHIPS | Greenwich, CT | $6K |
| 2024 |
| Princeton University School Of EducationSCHOLARSHIPS | Princeton, NJ | $6K | 2024 |
| The Chapin SchoolSCHOLARSHIPS | New York, NY | $5K | 2024 |
| Prep For PrepSCHOLARSHIPS | New York, NY | $5K | 2024 |
| New York University Nyu Arts & SciencesSCHOLARSHIPS | New York, NY | $4K | 2024 |
| Boston University School Of EducationSCHOLARSHIPS | Boston, MA | $3K | 2024 |
| Lindsey Wilson CollegeSCHOLARSHIPS | Columbia, KY | $3K | 2024 |
| Sayre SchoolSCHOLARSHIPS | Lexington, KY | $3K | 2024 |
| Greenwich Country Day SchoolSCHOLARSHIPS | Greenwich, CT | $4K | 2023 |
| Boston UniversitySCHOLARSHIPS | Boston, MA | $3K | 2023 |
| University Of PennsylvaniaSCHOLARSHIPS | Philadelphia, PA | $3K | 2023 |
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