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Also known as: FUND co HF MAGNUSON & CO
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Henry B Kingsbury Scholarship Fund is a private trust based in WALLACE, ID. The foundation received its IRS ruling in 1960. The principal officer is H F Magnuson & Co. It holds total assets of $116K. Annual income is reported at $17K. Total assets have grown from $93K in 2011 to $122K in 2023. The foundation is governed by 2 officers and trustees. Scholarships provided to students for college tuition and expenses. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Idaho and Washington. According to available records, Henry B Kingsbury Scholarship Fund has made 14 grants totaling $13K, with a median grant of $900. Annual giving has grown from $5K in 2021 to $8K in 2022. Individual grants have ranged from $300 to $3K, with an average award of $942.857. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Idaho. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$750
Average Grant
$2K
Largest Grant
$5K
Based on 6 grants from the most recent 990-PF filing.
Scholarships provided to students for college tuition and expenses.
Expenses: $11K
Scholarships provided to students for college tuition and expenses. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in ID.
Henry B Kingsbury Scholarship Fund has distributed a total of $13K across 14 grants. The median grant size is $900, with an average of $942.857. Individual grants have ranged from $300 to $3K.
Henry B Kingsbury Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals. The application deadline is April 15th. Restricted to Shoshone County, Idaho students.
Henry B Kingsbury Scholarship Fund is headquartered in WALLACE, ID. The foundation primarily funds organizations in Idaho, Washington.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dale B Lavigne | TRUSTEE | $0 | $0 | N/A |
| Dennis O'Brien | SEC. TRUSTEE | $0 | $0 | N/A |
Total Giving
$9K
Total Assets
$122K
Fair Market Value
$125K
Net Worth
$122K
Grants Paid
$7K
Contributions
$4K
Net Investment Income
$5K
Distribution Amount
$6K
Total: $119K
Total Grants
14
Total Giving
$13K
Average Grant
$942.857
Median Grant
$900
Unique Recipients
5
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| North Idaho CollegeScholarships | Coeur Dalene, ID | $900 | 2022 |
| Other CollegesCollege scholarships. | Wallace, ID | $900 | 2022 |
| University Of IdahoScholarships | Moscow, ID | $900 | 2022 |
| Boise State UniversityScholarships | Boise, ID | $600 | 2022 |
| Lewis-Clark State CollegeScholarships | Lewiston, ID | $600 | 2022 |