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Mary K Garr Scholarship Foundation is a private trust based in MUNCIE, IN. The foundation received its IRS ruling in 1995. The principal officer is First Merchants Bk Na Ttee. It holds total assets of $1.9M. Annual income is reported at $1.3M. Total assets have decreased from $1.6M in 2011 to $1.2M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Indiana. According to available records, Mary K Garr Scholarship Foundation has made 84 grants totaling $538K, with a median grant of $7K. The foundation has distributed between $102K and $325K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $325K distributed across 46 grants. Individual grants have ranged from $500 to $10K, with an average award of $6K. The foundation has supported 30 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$3K
Based on 16 grants from the most recent 990-PF filing.
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 K Garr Scholarship Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 84 grants. Its grantmaking reaches organizations primarily in IN.
Mary K Garr Scholarship Foundation has distributed a total of $538K across 84 grants. The median grant size is $7K, with an average of $6K. Individual grants have ranged from $500 to $10K.
The application deadline is MARCH 15. Highly motivated student demonstrating superior academic achievement pursuing a post secondary education. Preferecne given to medical disciplines.
Mary K Garr Scholarship Foundation is headquartered in MUNCIE, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Merchants Private Wlth Adviso | TRUSTEE | $23K | $0 | $23K |
Total Giving
$128K
Total Assets
$1.2M
Fair Market Value
$2M
Net Worth
$1.2M
Grants Paid
$102K
Contributions
N/A
Net Investment Income
$64K
Distribution Amount
$102K
Total: $1.1M
Total Grants
84
Total Giving
$538K
Average Grant
$6K
Median Grant
$7K
Unique Recipients
30
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ella PicheSCHOLARSHIP | Muncie, IN | $8K | 2023 |
| Jaci KnottSCHOLARSHIP | Muncie, IN | $8K | 2023 |
| Andrew ShrockSCHOLARSHIP | Selma, IN | $8K | 2023 |
| Emily NunemakerSCHOLARSHIP | Muncie, IN | $8K | 2023 |
| Ashleigh BrelageSCHOLARSHIP | Mnucie, IN | $8K | 2023 |
| Cassandra LombardiSCHOLARSHIP | Muncie, IN | $8K | 2023 |
| Hannah AvilaSCHOLARSHIP | Yorktown, IN | $8K | 2023 |
| Tristan PickeringSCHOLARSHIP | Muncie, IN | $8K | 2023 |
| Lauren HuffmanSCHOLARSHIP | Gaston, IN | $8K | 2023 |
| Lauren SmithSCHOLARSHIP | Muncie, IN | $8K | 2023 |
| Shelbie CrabtreeSCHOLARSHIP | Muncie, IN | $8K | 2023 |
| Sydney SmithSCHOLARSHIP | Muncie, IN | $8K | 2023 |
| Dametrius HallSCHOLARSHIP | Muncie, IN | $8K | 2023 |
| Jacey FultzSCHOLARSHIP | Muncie, IN | $4K | 2023 |
| Tara HorstSCHOLARSHIP | Muncie, IN | $500 | 2023 |
| Melissa CrouchSCHOLARSHIP | Muncie, IN | $10K | 2022 |
| Risha MehtaSCHOLARSHIP | Yorktown, IN | $10K | 2022 |
| Zoe AshcraftSCHOLARSHIP | Albany, IN | $10K | 2022 |
| Alysha BellSCHOLARSHIP | Muncie, IN | $3K | 2022 |
| Anna BeachSCHOLARSHIP | Muncie, IN | $3K | 2022 |
| Paige CooperSCHOLARSHIP | Muncie, IN | $3K | 2022 |
| Anne Mei McclainSCHOLARSHIP | Muncie, IN | $3K | 2022 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN