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Also known as: HILLIARD LYONS TRUST CO ATTN JONATHAN
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Mary B Craik Scholarship Trust is a private trust based in LOUISVILLE, KY. The foundation received its IRS ruling in 2012. The principal officer is Hilliard Lyons Trust Company LLC. It holds total assets of $2.5M. Annual income is reported at $961K. Total assets have grown from $321K in 2012 to $2.7M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. 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, Mary B Craik Scholarship Trust has made 3 grants totaling $430K, with a median grant of $134K. Annual giving has grown from $100K in 2021 to $196K in 2023. Individual grants have ranged from $100K to $196K, with an average award of $143K. Grant recipients are concentrated in Kentucky. 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.
Mary B Craik Scholarship Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in KY.
Mary B Craik Scholarship Trust has distributed a total of $430K across 3 grants. The median grant size is $134K, with an average of $143K. Individual grants have ranged from $100K to $196K.
Mary B Craik Scholarship Trust typically selects its grantees rather than accepting unsolicited proposals. The application deadline is FORMAL ANNOUNCEMENT WILL BE ONCE EACH YEAR DURING THE SPRING SEMESTER.. Scholarship grants are limited to female students who are pursuing a degree and who have completed at least 24 hours of undergraduate work. Preference will be given to applicants who meet one or more of the following criteria, listed in order of preference: - single mothers; - students in an undergraduate degree program; - students in the following professional and graduate degree programs: a)medical, b)law; c)mba, d)any other graduate field; and - students who were previous recipients of this scholarship, but who had left school for whatever reason, and are now returning to continue toward the completion of an undergraduate degree or to further their education by attaining a professional or graduate degree as contemplated above. - the recipient(s) shall also have at least a 2.5 gpa in her previous college experience.
Mary B Craik Scholarship Trust is headquartered in LOUISVILLE, KY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Baird Trust Company | TRUSTEE | $26K | $0 | $26K |
Total Giving
$226K
Total Assets
$2.7M
Fair Market Value
$3.4M
Net Worth
$2.7M
Grants Paid
$196K
Contributions
N/A
Net Investment Income
$49K
Distribution Amount
$161K
Total: $2.4M
Total Grants
3
Total Giving
$430K
Average Grant
$143K
Median Grant
$134K
Unique Recipients
1
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Louisville FoundationSCHOLARSHIPS | Louisville, KY | $196K | 2023 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY