//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Raymond And Adeline Rusteberg Scholarship Fund is a private trust based in BIRMINGHAM, AL. The foundation received its IRS ruling in 2025. The principal officer is Regions Bank Trust Dept. It holds total assets of $2.7M. Annual income is reported at $2.1M. 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 2020 to 2023. According to available records, Raymond And Adeline Rusteberg Scholarship Fund has made 3 grants totaling $165K, with a median grant of $36K. Annual giving has decreased from $93K in 2020 to $72K in 2022. Individual grants have ranged from $36K to $93K, with an average award of $55K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Illinois. 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.
Raymond And Adeline Rusteberg Scholarship Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IL.
Raymond And Adeline Rusteberg Scholarship Fund has distributed a total of $165K across 3 grants. The median grant size is $36K, with an average of $55K. Individual grants have ranged from $36K to $93K.
Raymond And Adeline Rusteberg Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Raymond And Adeline Rusteberg Scholarship Fund is headquartered in BIRMINGHAM, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank Trust Dept | TRUSTEE | $26K | $0 | $26K |
Total Giving
$117K
Total Assets
$1.6M
Fair Market Value
$2M
Net Worth
$1.6M
Grants Paid
$88K
Contributions
N/A
Net Investment Income
$31K
Distribution Amount
$95K
Total Grants
3
Total Giving
$165K
Average Grant
$55K
Median Grant
$36K
Unique Recipients
2
Most Common Grant
$36K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Career Center Of Southern IllinoisGENERAL OPERATING | Red Bud, IL | $36K | 2022 |
| Career Center Of Southern IlGENERAL OPERATING | Red Bud, IL | $93K | 2020 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL