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Herman Oscar Schumacher Scholarship Fund is a private trust based in SPOKANE, WA. The foundation received its IRS ruling in 1982. The principal officer is Washington Trust Bank. It holds total assets of $364K. Annual income is reported at $121K. The foundation is governed by 1 officer or trustee. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Washington. According to available records, Herman Oscar Schumacher Scholarship Fund has made 16 grants totaling $86K, with a median grant of $5K. Annual giving has grown from $16K in 2021 to $20K in 2024. Grantmaking activity was highest in 2023 with $30K distributed across 6 grants. Individual grants have ranged from $5K to $8K, with an average award of $5K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in Washington. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$5K
Based on 4 grants from the most recent 990-PF filing.
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.
Herman Oscar Schumacher Scholarship Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in WA.
Herman Oscar Schumacher Scholarship Fund has distributed a total of $86K across 16 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $5K to $8K.
The application deadline is OCTOBER 1ST. Must be enrolled in college & spokane resident has completed one year of an acredited college.
Herman Oscar Schumacher Scholarship Fund is headquartered in SPOKANE, WA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Washington Trust Bank | TRUSTEE | $9K | $0 | $9K |
Total Giving
$29K
Total Assets
$356K
Fair Market Value
$401K
Net Worth
$356K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$19K
Total Grants
16
Total Giving
$86K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
11
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Robert NelsonSCHOLARSHIP | Spokane, WA | $8K | 2021 |
| Humberto HinojosaSCHOLARSHIP | Spokane, WA | $5K | 2024 |
| Jerry KoontzSCHOLARSHIP | Spokane, WA | $5K | 2024 |
| Austin AltenederSCHOLARSHIP | Spokane, WA | $5K | 2024 |
| Billy L ElliottSCHOLARSHIP | Spokane, WA | $5K | 2024 |
| Chad SmithSCHOLARSHIP | Spokane, WA | $5K | 2023 |
| Brasin BenjaminSCHOLARSHIP | Spokane, WA | $5K | 2023 |
| Jason BeineSCHOLARSHIP | Spokane, WA | $5K | 2022 |
| Travis GoldmanSCHOLARSHIP | Spokane, WA | $5K | 2022 |
| Steven RaelSCHOLARSHIP | Spokane, WA | $5K | 2022 |
| Guanzhou ChenSCHOLARSHIP | Spokane, WA | $8K | 2021 |