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Also known as: SCHOLARSHIP FUND INC
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Johnstone Greschel Memorial Scholarship Fund is a private corporation based in SHEPHERDSVLLE, KY. The foundation received its IRS ruling in 2014. The principal officer is Martin E Johnstone. It holds total assets of $61K. Annual income is reported at $2K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. Tax records are available from 2014 to 2023. According to available records, Johnstone Greschel Memorial Scholarship Fund has made 8 grants totaling $7K, with a median grant of $625. Annual giving has grown from $1K in 2021 to $2K in 2023. Grantmaking activity was highest in 2022 with $4K distributed across 4 grants. Individual grants have ranged from $500 to $2K, with an average award of $906.25. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
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.
Johnstone Greschel Memorial Scholarship Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in KY.
Johnstone Greschel Memorial Scholarship Fund has distributed a total of $7K across 8 grants. The median grant size is $625, with an average of $906.25. Individual grants have ranged from $500 to $2K.
The application deadline is APRIL 15TH OF THE STUDENT'S SENIOR YEAR. Must be a senior at fairdale high school in fairdale, kentucky.
Johnstone Greschel Memorial Scholarship Fund is headquartered in SHEPHERDSVLLE, KY.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cathy W Johnstone | Secretary | $0 | $0 | N/A |
| Richard N Johnstone | Vice President | $0 | $0 | N/A |
| Martin E Johnstone | President | $0 | $0 | N/A |
| Linda Fox | Treasurer | $0 | $0 | N/A |
Total Giving
$3K
Total Assets
$63K
Fair Market Value
N/A
Net Worth
$63K
Grants Paid
$2K
Contributions
N/A
Net Investment Income
$838
Distribution Amount
N/A
Total Grants
8
Total Giving
$7K
Average Grant
$906.25
Median Grant
$625
Unique Recipients
4
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Student - Mattye JacksonCOLLEGE SCHOLARSHIP | Lexington, KY | $2K | 2023 |
| Student - Jordan WhittCOLLEGE SCHOLARSHIP | Lexington, KY | $750 | 2023 |
| Student - Sarah Grace SchageneCOLLEGE SCHOLARSHIP | Louisville, KY | $500 | 2022 |
| Student - Jacquelin LunaCOLLEGE SCHOLARSHIP | Louisville, KY | $500 | 2021 |