//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Linder & Laura Hamblen Scholarship Endowment is a private trust based in BETHESDA, MD. The foundation received its IRS ruling in 2007. The principal officer is Chevy Chase Trust Company. It holds total assets of $2.4M. Annual income is reported at $645K. The foundation is governed by 2 officers and trustees. 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 2020 to 2023. According to available records, Linder & Laura Hamblen Scholarship Endowment has made 5 grants totaling $1.1M, with a median grant of $220K. The foundation has distributed between $186K and $490K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $490K distributed across 2 grants. Individual grants have ranged from $186K to $245K, with an average award of $218K. Grant recipients are concentrated in Maryland. 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.
Linder & Laura Hamblen Scholarship Endowment primarily funds organizations in the area of education. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MD.
Linder & Laura Hamblen Scholarship Endowment has distributed a total of $1.1M across 5 grants. The median grant size is $220K, with an average of $218K. Individual grants have ranged from $186K to $245K.
Linder & Laura Hamblen Scholarship Endowment typically selects its grantees rather than accepting unsolicited proposals.
Linder & Laura Hamblen Scholarship Endowment is headquartered in BETHESDA, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Chevy Chase Trust Company | CO-TRUSTEE | $40K | $0 | $40K |
| Anthony A Saridakis Esquire | CO-TRUSTEE | $22K | $0 | $22K |
Total Giving
$255K
Total Assets
$2.5M
Fair Market Value
$4.1M
Net Worth
$2.5M
Grants Paid
$186K
Contributions
N/A
Net Investment Income
$216K
Distribution Amount
$189K
Total Grants
5
Total Giving
$1.1M
Average Grant
$218K
Median Grant
$220K
Unique Recipients
1
Most Common Grant
$245K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fourth Presbyterian ChurchEDUCATION | Bethesda, MD | $186K | 2023 |