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Leonard A & Zelpha E Mckinnon Scholarship Trust is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1987. The principal officer is Jpmorgan Chase Bank Na. It holds total assets of $663K. Annual income is reported at $147K. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Leonard A & Zelpha E Mckinnon Scholarship Trust has made 8 grants totaling $202K, with a median grant of $26K. The foundation has distributed between $48K and $102K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $102K distributed across 4 grants. Individual grants have ranged from $24K to $26K, with an average award of $25K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Michigan. 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.
Leonard A & Zelpha E Mckinnon Scholarship Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MI.
Leonard A & Zelpha E Mckinnon Scholarship Trust has distributed a total of $202K across 8 grants. The median grant size is $26K, with an average of $25K. Individual grants have ranged from $24K to $26K.
Leonard A & Zelpha E Mckinnon Scholarship Trust typically selects its grantees rather than accepting unsolicited proposals.
Leonard A & Zelpha E Mckinnon Scholarship Trust is headquartered in CHICAGO, IL.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$68K
Total Assets
$694K
Fair Market Value
$984K
Net Worth
$694K
Grants Paid
$52K
Contributions
N/A
Net Investment Income
$47K
Distribution Amount
$47K
Total: $637K
Total Grants
8
Total Giving
$202K
Average Grant
$25K
Median Grant
$26K
Unique Recipients
3
Most Common Grant
$26K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Michigan - FlintGENERAL | Flint, MI | $26K | 2023 |
| Kettering UniversityGENERAL | Flint, MI | $26K | 2023 |
| Regents Of The University Of MichiganGENERAL | Ann Arbor, MI | $24K | 2020 |