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Mcfadden Charitable Trust is a private corporation based in SMITH CENTER, KS. The foundation received its IRS ruling in 2002. The principal officer is The Peoples Bank. It holds total assets of $3.2M. Annual income is reported at $551K. Total assets have decreased from $4.5M in 2011 to $3.5M in 2023. The foundation is governed by 6 officers and trustees. Scholarships to 20 institutions of higher learning for students selected. Tax records are available from 2016 to 2023. According to available records, Mcfadden Charitable Trust has made 4 grants totaling $1.9M, with a median grant of $467K. Annual giving has grown from $476K in 2020 to $934K in 2022. Individual grants have ranged from $464K to $476K, with an average award of $469K. Grant recipients are concentrated in Kansas. Contributions to this foundation are tax-deductible.
Scholarships to 20 institutions of higher learning for students selected.
Expenses: $80K
Grants to 44 local nonprofits.
Expenses: $387K
Scholarships to 20 institutions of higher learning for students selected. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in KS.
Mcfadden Charitable Trust has distributed a total of $1.9M across 4 grants. The median grant size is $467K, with an average of $469K. Individual grants have ranged from $464K to $476K.
The application deadline is SCHOLARSHIPS BY APR 1 ANNUALLY, OTHER ORGANIZATIONS DEC 1. As per mcfadden memorial scholarship stipulations (copy attached).
Mcfadden Charitable Trust is headquartered in SMITH CENTER, KS.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| The Peoples Bank | Trustee | $17K | $0 | $17K |
| Olin Hyde | Director | $0 | $0 | N/A |
| Donald Weis | Director | $0 | $0 | N/A |
| Paul Gregory | Director | $0 | $0 | N/A |
| Greg Mick | Director | $0 | $0 | N/A |
| Terry Zvolanek | Director | $0 | $0 | N/A |
Total Giving
$551K
Total Assets
$3.5M
Fair Market Value
$9.4M
Net Worth
$3.5M
Grants Paid
$424K
Contributions
N/A
Net Investment Income
$306K
Distribution Amount
$415K
Total Grants
4
Total Giving
$1.9M
Average Grant
$469K
Median Grant
$467K
Unique Recipients
1
Most Common Grant
$467K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached SchedulesGRANTS/SCHOLARSHIPS | Smith Center, KS | $467K | 2022 |