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Also known as: SCHOLARSHIP FDTN C/O HILLS BANK & TRUST
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Russell And Helen Hirt Memorial Scholarship Foundation is a private trust based in NORTH LIBERTY, IA. The foundation received its IRS ruling in 2016. The principal officer is Hills Bank And Trust Company. It holds total assets of $2.5M. Annual income is reported at $894K. Total assets have grown from $900K in 2015 to $2.5M in 2023. 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. According to available records, Russell And Helen Hirt Memorial Scholarship Foundation has made 4 grants totaling $572K, with a median grant of $138K. Annual giving has grown from $124K in 2020 to $151K in 2023. Grantmaking activity was highest in 2022 with $172K distributed across 1 grants. Individual grants have ranged from $124K to $172K, with an average award of $143K. Grant recipients are concentrated in Iowa. 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.
Russell And Helen Hirt Memorial Scholarship Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IA.
Russell And Helen Hirt Memorial Scholarship Foundation has distributed a total of $572K across 4 grants. The median grant size is $138K, with an average of $143K. Individual grants have ranged from $124K to $172K.
Russell And Helen Hirt Memorial Scholarship Foundation typically selects its grantees rather than accepting unsolicited proposals.
Russell And Helen Hirt Memorial Scholarship Foundation is headquartered in NORTH LIBERTY, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hills Bank And Trust Company | TRUSTEE | $24K | $0 | $24K |
Total Giving
$178K
Total Assets
$2.5M
Fair Market Value
$3M
Net Worth
$2.5M
Grants Paid
$151K
Contributions
N/A
Net Investment Income
$95K
Distribution Amount
$141K
Total: $2.4M
Total Grants
4
Total Giving
$572K
Average Grant
$143K
Median Grant
$138K
Unique Recipients
1
Most Common Grant
$125K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Iccsd FoundationSCHOLARSHIPS | Iowa City, IA | $151K | 2023 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA