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Marion D Brown Scholarship Trust is a private trust based in EVANSVILLE, IN. The foundation received its IRS ruling in 1972. The principal officer is Old National Trust Company. It holds total assets of $615K. Annual income is reported at $194K. The foundation is governed by 1 officer or trustee. 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, Marion D Brown Scholarship Trust has made 3 grants totaling $81K, with a median grant of $26K. Annual giving has grown from $29K in 2021 to $52K in 2022. Individual grants have ranged from $26K to $29K, with an average award of $27K. 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.
Marion D Brown Scholarship Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IN.
Marion D Brown Scholarship Trust has distributed a total of $81K across 3 grants. The median grant size is $26K, with an average of $27K. Individual grants have ranged from $26K to $29K.
Marion D Brown Scholarship Trust typically selects its grantees rather than accepting unsolicited proposals.
Marion D Brown Scholarship Trust is headquartered in EVANSVILLE, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Old National Wealth Management | TRUSTEE | $8K | $0 | $8K |
Total Giving
$30K
Total Assets
$598K
Fair Market Value
$699K
Net Worth
$598K
Grants Paid
$21K
Contributions
N/A
Net Investment Income
$28K
Distribution Amount
$32K
Total Grants
3
Total Giving
$81K
Average Grant
$27K
Median Grant
$26K
Unique Recipients
1
Most Common Grant
$26K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Student Aid & Counseling ServicesSCHOLARSHIPS | Evansville, IN | $26K | 2022 |