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L Kent Culbertson Educational Trust is a private trust based in PHILLIPSBURG, KS. The foundation received its IRS ruling in 1980. It holds total assets of $119K. Annual income is reported at $50K. Total assets have grown from $38K in 2011 to $93K in 2023. The foundation is governed by 1 officer or trustee. Scholarship payment to 1 university for 1 student selected under application process. Tax records are available from 2016 to 2023. According to available records, L Kent Culbertson Educational Trust has made 4 grants totaling $9K, with a median grant of $3K. Annual giving has grown from $3K in 2020 to $6K in 2022. Individual grants have ranged from $1K to $3K, with an average award of $2K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Kansas. Contributions to this foundation are tax-deductible.
Scholarship payment to 2 universities for 2 students selected under application process.
Expenses: $3K
Scholarship payment to 1 university for 1 student selected under application process. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in KS.
L Kent Culbertson Educational Trust has distributed a total of $9K across 4 grants. The median grant size is $3K, with an average of $2K. Individual grants have ranged from $1K to $3K.
The application deadline is APRIL 15. See attached restrictions.
L Kent Culbertson Educational Trust is headquartered in PHILLIPSBURG, KS.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First National Bank Trust | Trustee | $0 | $0 | N/A |
Total Giving
$3K
Total Assets
$93K
Fair Market Value
$98K
Net Worth
$93K
Grants Paid
$3K
Contributions
$37K
Net Investment Income
$2K
Distribution Amount
$3K
Total Grants
4
Total Giving
$9K
Average Grant
$2K
Median Grant
$3K
Unique Recipients
2
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fort Hays State UniversitySCHOLARSHIP FOR 1 STUDENT. | Hays, KS | $3K | 2022 |
| Kansas UniversitySCHOLARSHIP FOR 1 STUDENT. | Lawrence, KS | $2K | 2020 |