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Philice Nemecheck Education Scholarship Fund is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2001. The principal officer is Lino Widmann. It holds total assets of $479K. Annual income is reported at $584K. Total assets have grown from $464K in 2011 to $603K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Philice Nemecheck Education Scholarship Fund has made 1 grants totaling $20K, with a median grant of $20K. Grant recipients are concentrated in Michigan. 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.
Philice Nemecheck Education Scholarship Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in MI.
Philice Nemecheck Education Scholarship Fund has distributed a total of $20K across 1 grants. The median grant size is $20K, with an average of $20K. Individual grants have ranged from $20K to $20K.
Philice Nemecheck Education Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Philice Nemecheck Education Scholarship Fund is headquartered in PENNINGTON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | CO-TRUSTEE | $12K | $0 | $12K |
| Lino F Widman | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$33K
Total Assets
$603K
Fair Market Value
$803K
Net Worth
$603K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$14K
Distribution Amount
$37K
Total: $584K
Total Grants
1
Total Giving
$20K
Average Grant
$20K
Median Grant
$20K
Unique Recipients
1
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eastern Michigan University FoundationGENERAL OPERATING | Ypsilanti, MI | $20K | 2023 |