Also known as: FUND INC
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Litchfield Memorial Student Loan Fund Inc. is a private corporation based in EVANSVILLE, IN. The foundation received its IRS ruling in 2007. The principal officer is Old National Wealth Mgmt Ttee. It holds total assets of $636K. Annual income is reported at $220K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of community development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Grantmaking is concentrated in Kentucky. According to available records, Litchfield Memorial Student Loan Fund Inc. has made 17 grants totaling $139K, with a median grant of $5K. The foundation has distributed between $36K and $60K annually from 2022 to 2024. Grantmaking activity was highest in 2023 with $60K distributed across 5 grants. Individual grants have ranged from $2K to $23K, with an average award of $8K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$6K
Largest Grant
$23K
Based on 6 grants from the most recent 990-PF filing.
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.
Litchfield Memorial Student Loan Fund Inc. primarily funds organizations in the area of community development. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in KY.
Litchfield Memorial Student Loan Fund Inc. has distributed a total of $139K across 17 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $2K to $23K.
Litchfield Memorial Student Loan Fund Inc. typically selects its grantees rather than accepting unsolicited proposals. Trigg county residents attending a college, university, vocational, technical, or trade school.
Litchfield Memorial Student Loan Fund Inc. is headquartered in EVANSVILLE, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paxton Redd | PASTOR | $0 | $0 | N/A |
| Debbie Fuller | CPA | $0 | $0 | N/A |
| Old National Bank | TRUST OFFICE | $0 | $0 | N/A |
| H B Quinn | ATTORNEY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$636K
Fair Market Value
N/A
Net Worth
$636K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
17
Total Giving
$139K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
7
Most Common Grant
$2K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of KentuckyEDUCATION | Lexington, KY | $9K | 2024 |
| University Of LouisvilleEDUCATION | Louisville, KY | $5K | 2024 |
| Murray State UniversityEDUCATION | Murray, KY | $20K | 2024 |
| Midway UniversityEDUCATION | Midway, KY | $4K | 2024 |
| Western Kentucky UniversityEDUCATION | Bowling Green, KY | $3K | 2024 |
| Hopkinsville Community CollegeEDUCATION | Hopkinsville, KY | $2K | 2024 |
| Bethal UniversityEDUCATION | Hopkinsville, KY | $5K | 2022 |