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Randolph Memorial Scholarship Trust is a private trust based in EVANSVILLE, IN. The foundation received its IRS ruling in 1980. It holds total assets of $122K. Annual income is reported at $44K. Total assets have grown from $91K in 2011 to $121K in 2023. The foundation is governed by 1 officer or trustee. Tax records are available from 2018 to 2023. According to available records, Randolph Memorial Scholarship Trust has made 7 grants totaling $10K, with a median grant of $2K. Annual giving has decreased from $5K in 2021 to $2K in 2023. Individual grants have ranged from $1K to $2K, with an average award of $1K. The foundation has supported 5 unique organizations. 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.
Randolph Memorial Scholarship Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in KY.
Randolph Memorial Scholarship Trust has distributed a total of $10K across 7 grants. The median grant size is $2K, with an average of $1K. Individual grants have ranged from $1K to $2K.
The application deadline is April 15 of each year. Scholarship is available only to graduates of Henderson County High School with minimum GPA 3.0 that must be admitted to college of choice, present good character and have financial need.
Randolph Memorial Scholarship Trust is headquartered in EVANSVILLE, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Old National Wealth Management | TRUSTEE | $2K | $0 | $2K |
Total Giving
$5K
Total Assets
$121K
Fair Market Value
$134K
Net Worth
$121K
Grants Paid
$2K
Contributions
N/A
Net Investment Income
$13K
Distribution Amount
$6K
Total Grants
7
Total Giving
$10K
Average Grant
$1K
Median Grant
$2K
Unique Recipients
5
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of LouisvilleSCHOLARSHIP | Louisville, KY | $1K | 2023 |
| University Of KentuckySCHOLARSHIP | Lexington, KY | $1K | 2022 |
| Transylvania UniversitySCHOLARSHIP | Lexington, KY | $1K | 2023 |
| Henderson Community CollegeSCHOLARSHIP | Henderson, KY | $2K | 2021 |
| Western Kentucky UniversitySCHOLARSHIP | Bowling Green, KY | $2K | 2021 |