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Lula Mae Blair Scholarship Trust is a private trust based in FAIRMOUNT, IN. The foundation received its IRS ruling in 1992. The principal officer is Fairmount State Bank Ttee. It holds total assets of $313K. Annual income is reported at $9K. The foundation is governed by 1 officer or trustee. Scholarships - 8 granted. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Indiana. According to available records, Lula Mae Blair Scholarship Trust has made 30 grants totaling $71K, with a median grant of $2K. The foundation has distributed between $17K and $35K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $35K distributed across 16 grants. Individual grants have ranged from $2K to $3K, with an average award of $2K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$2K
Based on 8 grants from the most recent 990-PF filing.
Scholarships - 7 granted
Expenses: $18K
Scholarships - 8 granted. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in IN.
Lula Mae Blair Scholarship Trust has distributed a total of $71K across 30 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $2K to $3K.
The application deadline is NO FORMAL DEADLINE ESTABLISHED.. Scholarships are available to all high school students residing in fairmount township, grant county, indiana for use in obtaining a bachelor's degree at an accredited institution.
Lula Mae Blair Scholarship Trust is headquartered in FAIRMOUNT, IN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fairmount State Bank Trust Dpt | TRUSTEE | $513 | $0 | $513 |
Total Giving
$18K
Total Assets
$333K
Fair Market Value
$333K
Net Worth
$333K
Grants Paid
$17K
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
$17K
Total Grants
30
Total Giving
$71K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
11
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jase HowellEDUCATION | Summitville, IN | $2K | 2023 |
| Emily PaxEDUCATION | Fairmount, IN | $2K | 2023 |
| Bryce RichardsEDUCATION | Fairmount, IN | $2K | 2023 |
| Ethan WinchesterEDUCATION | Fairmount, IN | $2K | 2023 |
| Megan PaxEDUCATION | Fairmount, IN | $2K | 2023 |
| Emma BrummettEDUCATION | Fairmount, IN | $2K | 2023 |
| Gabrielle RudyEDUCATION | Summitville, IN | $2K | 2023 |
| Grant BrownEDUCATION | Fairmount, IN | $2K | 2022 |
| Hayden RetherfordEDUCATION | Summitville, IN | $2K | 2022 |
| Haley ScottEDUCATION | Fairmount, IN | $2K | 2022 |
| Bryce MillerEDUCATION | Fairmount, IN | $3K | 2021 |