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John Perrone Memorial Scholarship Fund is a private trust based in INDIANA, PA. The foundation received its IRS ruling in 1993. The principal officer is First Commonwealth Trus. It holds total assets of $182K. Annual income is reported at $79K. Total assets have grown from $103K in 2011 to $184K in 2023. The foundation is governed by 1 officer or trustee. To assist qualifying students of the leechburg area with undergraduate studies. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, John Perrone Memorial Scholarship Fund has made 26 grants totaling $27K, with a median grant of $1K. Annual giving has decreased from $12K in 2020 to $3K in 2023. Individual grants have ranged from $500 to $2K, with an average award of $1K. The foundation has supported 13 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$2K
Largest Grant
$2K
Based on 8 grants from the most recent 990-PF filing.
Scholarships for higher education
Expenses: $12K
To assist qualifying students of the leechburg area with undergraduate studies. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in PA.
John Perrone Memorial Scholarship Fund has distributed a total of $27K across 26 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $500 to $2K.
The application deadline is APRIL 15 OF THE APPLICANT'S SENIOR YEAR IN HIGH SCHOOL. Applicants must reside within leechburg area school district.
John Perrone Memorial Scholarship Fund is headquartered in INDIANA, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Commonwealth Trust Co | Trustee | $3K | $0 | $3K |
Total Giving
$7K
Total Assets
$184K
Fair Market Value
$189K
Net Worth
$184K
Grants Paid
$3K
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
$9K
Total: $175K
Total Grants
26
Total Giving
$27K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
13
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Skylyn RaypushSCHOLARSHIP FOR | Leechburg, PA | $1K | 2023 |
| Dino CapozzoliSCHOLARSHIP FOR | Leechburg, PA | $500 | 2023 |
| Kalli GrineSCHOLARSHIP FOR | Leechburg, PA | $500 | 2023 |
| Bailey SpieringSCHOLARSHIP FOR | Leechburg, PA | $500 | 2023 |
| Mckenna PierceSCHOLARSHIP FOR | Leechburg, PA | $500 | 2023 |
| Jake SchuffertSCHOLARSHIP FOR | Leechburg, PA | $1K | 2022 |
| John SorisioSCHOLARSHIP FOR | Leechburg, PA | $1K | 2022 |
| Brenna CallahanSCHOLARSHIP FOR | Leechburg, PA | $1K | 2022 |
| Christian HackSCHOLARSHIP FOR UNDERGRADUATE STUDIES | Leechburg, PA | $500 | 2021 |
| Cameron DaviesSCHOLARSHIP FOR UNDERGRADUATE STUDIES | Leechburg, PA | $2K | 2020 |
| Madison BigleySCHOLARSHIP FOR UNDERGRADUATE STUDIES | West Leechburg, PA | $2K | 2020 |
| Jordan SarverSCHOLARSHIP FOR UNDERGRADUATE STUDIES | Leechburg, PA | $2K | 2020 |
| Nathan ShinkoSCHOLARSHIP FOR UNDERGRADUATE STUDIES | Leechburg, PA | $500 | 2020 |