//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
John U Parolo Educational Trust is a private trust based in PITTSBURG, KS. The foundation received its IRS ruling in 2019. The principal officer is William B Wachter. It holds total assets of $4.2M. Annual income is reported at $2.6M. Total assets have decreased from $13.8M in 2019 to $4.2M in 2024. The foundation is governed by 3 officers and trustees. To provide educational institutions and students funds for scholarships in the fields of medicine nursing engineering math and sciences. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2024. Grantmaking is concentrated in Kansas. According to available records, John U Parolo Educational Trust has made 19 grants totaling $3M, with a median grant of $50K. Annual giving has grown from $788K in 2020 to $1.5M in 2022. Individual grants have ranged from $10K to $400K, with an average award of $159K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Kansas. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$107K
Average Grant
$158K
Largest Grant
$400K
Based on 5 grants from the most recent 990-PF filing.
Provide scholarships for students to earn a undergraduate or graduate degree in medicine, nursing, engineering, math and sciences.
Expenses: $408K
Providing research, endowment and building project awards to individual students and/or educational institutions
Expenses: $408K
To provide educational institutions and students funds for scholarships in the fields of medicine nursing engineering math and sciences. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in KS.
John U Parolo Educational Trust has distributed a total of $3M across 19 grants. The median grant size is $50K, with an average of $159K. Individual grants have ranged from $10K to $400K.
John U Parolo Educational Trust typically selects its grantees rather than accepting unsolicited proposals. The application deadline is MARCH 1.
John U Parolo Educational Trust is headquartered in PITTSBURG, KS.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William B Wachter | TRUSTEE | $15K | $0 | $15K |
| Tracy Mussa | DIRECTOR | $15K | $0 | $15K |
| Carrie Amershek | DIRECTOR | $15K | $0 | $15K |
Total Giving
N/A
Total Assets
$4.2M
Fair Market Value
N/A
Net Worth
$4.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
19
Total Giving
$3M
Average Grant
$159K
Median Grant
$50K
Unique Recipients
8
Most Common Grant
$400K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Pittsburg St University FoundationTO PROVIDE SUPPORT FOR THE EDUCATION OF STUDENTS | Pittsburg, KS | $400K | 2022 |
| Community Health Center Se KansasTO PROVIDE SUPPORT FOR THE EDUCATION OF STUDENTS | Pittsburg, KS | $250K | 2022 |
| Mount Carmel FoundationTO PROVIDE SUPPORT FOR THE EDUCATION OF STUDENTS | Pittsburg, KS | $50K | 2022 |
| Miners Hall Museum FoundationTO PROVIDE EDUCATIONAL SUPPORT TO STUDENTS | Pittsburg, KS | $50K | 2022 |
| Pittsburg State University Foundation IncTO PROVIDE SCHOLARSHIP FUNDS TO STUDENTS | Pittsburg, KS | $400K | 2021 |
| Community Health Center Of Southeast Kansas IncTO PROVIDE SUPPORT FOR THE EDUCATION OF STUDENTS | Pittsburg, KS | $250K | 2021 |
| Pittsburg State University School Of NursingTO PROVIDE SCHOLARSHIP FUNDS TO STUDENTS | Pittsburg, KS | $21K | 2021 |
| Pittsburg Public Library FoundationTO PROVIDE SUPPORT FOR THE EDUCATION OF STUDENTS | Pittsburg, KS | $10K | 2020 |