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Also known as: GERMAN AMERICAN BANCORP
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Mountjoy Family Memorial Scholarship Fund is a private corporation based in JASPER, IN. The foundation received its IRS ruling in 2009. The principal officer is River Valley Financial Bank. It holds total assets of $1.6M. Annual income is reported at $1M. 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. Grantmaking is concentrated in Indiana. According to available records, Mountjoy Family Memorial Scholarship Fund has made 24 grants totaling $197K, with a median grant of $3K. Annual giving has decreased from $54K in 2021 to $42K in 2023. Grantmaking activity was highest in 2022 with $102K distributed across 2 grants. Individual grants have ranged from $251 to $51K, with an average award of $8K. The foundation has supported 22 unique organizations. Grants have been distributed to organizations in Indiana and Kentucky. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$2K
Average Grant
$2K
Largest Grant
$7K
Based on 28 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.
Mountjoy Family Memorial Scholarship Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in IN, KY.
Mountjoy Family Memorial Scholarship Fund has distributed a total of $197K across 24 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $251 to $51K.
Mountjoy Family Memorial Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Mountjoy Family Memorial Scholarship Fund is headquartered in JASPER, IN. While based in IN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| German American Bancorp | TRUSTEE | $14K | $0 | $14K |
Total Giving
$57K
Total Assets
$910K
Fair Market Value
$1.6M
Net Worth
$910K
Grants Paid
$42K
Contributions
N/A
Net Investment Income
$99K
Distribution Amount
$71K
Total Grants
24
Total Giving
$197K
Average Grant
$8K
Median Grant
$3K
Unique Recipients
22
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleCOLLEGE SCHOLARSHIPS | Jasper, IN | $42K | 2023 |
| Caroline KirbySCHOLARSHIP | Madison, IN | $7K | 2021 |
| Abigail HillSCHOLARSHIP | Madison, IN | $6K | 2021 |
| Gracie TrueSCHOLARSHIP | Madison, IN | $4K | 2021 |
| Olivia SpencerSCHOLARSHIP | Madison, IN | $4K | 2021 |
| Rachel RileySCHOLARSHIP | Madison, IN | $3K | 2021 |
| Kourtney NeukamSCHOLARSHIP | Vevay, IN | $3K | 2021 |
| Logan SmootSCHOLARSHIP | Madison, IN | $3K | 2021 |
| Nathaniel PawlakSCHOLARHIP | Madison, IN | $3K | 2021 |
| Eliza WestonSCHOLARSHIP | Milton, KY | $3K | 2021 |
| Johanna LeathermanSCHOLARSHIP | Madison, IN | $3K | 2021 |
| Hannah NybergSCHOLARSHIP | Madison, IN | $2K | 2021 |
| Purdue - H UhlSCHOLARSHIP | Madison, IN | $2K | 2021 |
| Alida FloresSCHOLARSHIP | Hanover, IN | $2K | 2021 |
| Sebastion BiallasSCHOLARSHIP | Madison, IN | $2K | 2021 |
| Emily StudebakerSCHOLARSHIP | Madison, IN | $2K | 2021 |
| Conner SlyghSCHOLARSHIP | Madison, IN | $2K | 2021 |
| Madeline FeltsSCHOLARSHIP | Madison, IN | $2K | 2021 |
| Jacob DaghirSCHOLARSHIP | Madison, IN | $500 | 2021 |
| Devin BanksSCHOLARSHIP | Madison, IN | $252 | 2021 |
| Blake OwensSCHOLARSHIP | Madison, IN | $251 | 2021 |
| Daniel BanksSCHOLARSHIP | Madison, IN | $251 | 2021 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN