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Kenneth B Hughes & Glenna K Hughes Scholarship Trust is a private trust based in EVANSVILLE, IN. The foundation received its IRS ruling in 2019. The principal officer is Old National Bank Ttee. It holds total assets of $552K. Annual income is reported at $159K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2018 to 2023. According to available records, Kenneth B Hughes & Glenna K Hughes Scholarship Trust has made 8 grants totaling $111K, with a median grant of $11K. Annual giving has decreased from $26K in 2021 to $15K in 2023. Grantmaking activity was highest in 2022 with $70K distributed across 4 grants. Individual grants have ranged from $5K to $30K, with an average award of $14K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Illinois and Utah. 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.
Kenneth B Hughes & Glenna K Hughes Scholarship Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in IL, UT.
Kenneth B Hughes & Glenna K Hughes Scholarship Trust has distributed a total of $111K across 8 grants. The median grant size is $11K, with an average of $14K. Individual grants have ranged from $5K to $30K.
Applicant must be a student in the hoopeston area schools, planning on in majoring in elementary education in college. The final canidate must have the highest academic grade ranking of all applicants.
Kenneth B Hughes & Glenna K Hughes Scholarship Trust is headquartered in EVANSVILLE, IN. While based in IN, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Old National Wealth Management | TRUSTEE | $8K | $0 | $8K |
Total Giving
$24K
Total Assets
$575K
Fair Market Value
$605K
Net Worth
$575K
Grants Paid
$15K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$29K
Total Grants
8
Total Giving
$111K
Average Grant
$14K
Median Grant
$11K
Unique Recipients
6
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Western Governor'S UniversitySCHOLARSHIP | Salt Lake City, UT | $9K | 2023 |
| Lake Land CollegeSTUDENT LIVING | Mattoon, IL | $6K | 2023 |
| Hoopeston Area School DistrictSCHOLARSHIPS | Hoopeston, IL | $30K | 2022 |
| Danville Area Community CollegeSCHOLARSHIPS | Danville, IL | $5K | 2022 |
| Eastern Illinois UniversitySCHOLARSHIPS | Charleston, IL | $13K | 2021 |
| Southern Illinois UniversitySCHOLARSHIPS | Carbondale, IL | $13K | 2021 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN