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Martha J Shafer Charitable Scholarship Trust is a private trust based in GREENFIELD, IN. The foundation received its IRS ruling in 2016. The principal officer is Leisa King. It holds total assets of $742K. Annual income is reported at $140K. Total assets have grown from $606K in 2019 to $742K in 2025. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2025. According to available records, Martha J Shafer Charitable Scholarship Trust has made 11 grants totaling $52K, with a median grant of $4K. Annual giving has grown from $16K in 2021 to $22K in 2023. Individual grants have ranged from $2K to $10K, with an average award of $5K. The foundation has supported 7 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.
Martha J Shafer Charitable Scholarship Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in IN.
Martha J Shafer Charitable Scholarship Trust has distributed a total of $52K across 11 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $2K to $10K.
The application deadline is MARCH 1. Individual beginning or continuing post secondary educational studies. May be beginning initial educational pursuits after being in the work force, education for a new career path due to downsizing or pursuing education of a different nature in order to reenter the work force after an absence. Not for first year high school graduates, must need financial aid and be a resident of henry county, indiana.
Martha J Shafer Charitable Scholarship Trust is headquartered in GREENFIELD, IN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Citizens State Bank | TRUSTEE | $9K | $0 | $9K |
| Susan Shelton | DIRECTOR | $0 | $0 | N/A |
| Bill Tucker | DIRECTOR | $0 | $0 | N/A |
| Mary Wisehart Phillips | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$742K
Fair Market Value
N/A
Net Worth
$742K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$52K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
7
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kenaniah WilliamsonSCHOLARSHIP | New Castle, IN | $10K | 2023 |
| Payton SmithSCHOLARSHIP | New Castle, IN | $6K | 2023 |
| Olivia SilversSCHOLARSHIP | New Castle, IN | $4K | 2023 |
| Mandy McdanielSCHOLARSHIP | New Castle, IN | $3K | 2023 |
| Abby CoffmanSCHOLARSHIP | New Castle, IN | $3K | 2022 |
| Olivia MalottSCHOLARSHIP | New Castle, IN | $2K | 2022 |
| Garrett WelchSCHOLARSHIP | New Castle, IN | $5K | 2021 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN