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Also known as: SCHOLARSHIP FOUNDATION
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Gleaner Life Insurance Society Scholarship Foundation is a private corporation based in ADRIAN, MI. The foundation received its IRS ruling in 1992. The principal officer is Frank Dick. It holds total assets of $5.5M. Annual income is reported at $3.1M. Total assets have grown from $674K in 2010 to $5.5M in 2024. The foundation is governed by 9 officers and trustees. 104 student scholarships for 2,500 each in 2024. Tax records are available from 2021 to 2024. According to available records, Gleaner Life Insurance Society Scholarship Foundation has made 5 grants totaling $962K, with a median grant of $245K. Annual giving has grown from $209K in 2021 to $260K in 2024. Individual grants have ranged from $5K to $260K, with an average award of $192K. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
104 student scholarships for 2,500 each in 2024.
Expenses: $260K
104 student scholarships for 2,500 each in 2024. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MI.
Gleaner Life Insurance Society Scholarship Foundation has distributed a total of $962K across 5 grants. The median grant size is $245K, with an average of $192K. Individual grants have ranged from $5K to $260K.
The application deadline is FEBRUARY 1ST OF EACH YEAR. Limited to gleaner life insurance society policy holders and their children.
Gleaner Life Insurance Society Scholarship Foundation is headquartered in ADRIAN, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephanie Andresen | VICE CHAIR | $0 | $0 | N/A |
| Todd Warner | CFIO-TREASUR | $0 | $0 | N/A |
| Jennifer Valdez | DIRECTOR | $0 | $0 | N/A |
| Allen Underwood | DIRECTOR | $0 | $0 | N/A |
| Donna Baker | DIRECTOR | $0 | $0 | N/A |
| William Tuttamore | DIRECTOR | $0 | $0 | N/A |
| Bethany Figg | DIRECTOR | $0 | $0 | N/A |
| Kevin Marti | PRESIDENT/CE | $0 | $0 | N/A |
| Margaret Ms Noe | CHAIR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$5.5M
Fair Market Value
N/A
Net Worth
$5.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$962K
Average Grant
$192K
Median Grant
$245K
Unique Recipients
1
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Scholarships2024 SCHOLARSHIP TUITION | Adrian, MI | $260K | 2024 |