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Also known as: C/O LOFTUS & LOFTUS LTD
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John P Loftus Scholarship Fund is a private corporation based in PARK RIDGE, IL. The foundation received its IRS ruling in 1992. The principal officer is Colleen Loftus. It holds total assets of $44K. Annual income is reported at $9K. Total assets have decreased from $128K in 2011 to $46K in 2023. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Illinois. According to available records, John P Loftus Scholarship Fund has made 12 grants totaling $23K, with a median grant of $2K. Annual giving has decreased from $15K in 2022 to $8K in 2023. Individual grants have ranged from $2K to $2K, with an average award of $2K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$2K
Based on 3 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.
John P Loftus Scholarship Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in IL.
John P Loftus Scholarship Fund has distributed a total of $23K across 12 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $2K to $2K.
John P Loftus Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
John P Loftus Scholarship Fund is headquartered in PARK RIDGE, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Samson | PRESIDENT | $0 | $0 | N/A |
| Roseanne Loftus | DIRECTOR | $0 | $0 | N/A |
| Maura Barron | SECRETARY | $0 | $0 | N/A |
| Colleen Loftus | DIRECTOR | $0 | $0 | N/A |
| Joseph Kennedy | TREASURER | $0 | $0 | N/A |
Total Giving
$8K
Total Assets
$46K
Fair Market Value
$46K
Net Worth
$46K
Grants Paid
$8K
Contributions
$18K
Net Investment Income
$761
Distribution Amount
$2K
Total Grants
12
Total Giving
$23K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
5
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Nazareth HsSCHOLARSHIP | La Grange, IL | $2K | 2023 |
| Regina Dominian High SchoolSCHOLARSHIP | Wilmette, IL | $2K | 2023 |
| Josephinum AcademySHOLARSHIP | Chicago, IL | $2K | 2023 |
| St Patrick High SchoolSCHOLARSHIP | Chicago, IL | $2K | 2023 |
| Notre Dame College PrepSCHOLARSHIP | Niles, IL | $2K | 2022 |