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Also known as: CO GERMAN AMERICAN BANCORP
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Loogootee Community School Scholarship Trust is a private trust based in JASPER, IN. The foundation received its IRS ruling in 1984. The principal officer is German American Financial Advisor. It holds total assets of $1M. Annual income is reported at $166K. The foundation is governed by 3 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 2016 to 2023. According to available records, Loogootee Community School Scholarship Trust has made 4 grants totaling $215K, with a median grant of $51K. Annual giving has decreased from $77K in 2021 to $36K in 2023. Grantmaking activity was highest in 2022 with $101K distributed across 2 grants. Individual grants have ranged from $36K to $77K, with an average award of $54K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Indiana. 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.
Loogootee Community School Scholarship Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IN.
Loogootee Community School Scholarship Trust has distributed a total of $215K across 4 grants. The median grant size is $51K, with an average of $54K. Individual grants have ranged from $36K to $77K.
Loogootee Community School Scholarship Trust typically selects its grantees rather than accepting unsolicited proposals.
Loogootee Community School Scholarship Trust is headquartered in JASPER, IN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| German American Bancorp | TRUSTEE | $13K | $0 | $13K |
| Tracy Anderson | COMMITTEE MEMBER | $0 | $0 | N/A |
| Chip Mehaffey | COMMITTEE MEMBER | $0 | $0 | N/A |
Total Giving
$50K
Total Assets
$997K
Fair Market Value
$1.3M
Net Worth
$997K
Grants Paid
$36K
Contributions
$4K
Net Investment Income
$54K
Distribution Amount
$60K
Total Grants
4
Total Giving
$215K
Average Grant
$54K
Median Grant
$51K
Unique Recipients
2
Most Common Grant
$51K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleCOLLEGE SCHOLARSHIPS | Jasper, IN | $36K | 2023 |
| See AttachedEDUCATION SCHOLARSHIP | Loogootee, IN | $77K | 2021 |