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Also known as: PROSPECT BANK
Ruth Pinnell Scholarship Loan Fund is a private trust based in PARIS, IL. The foundation received its IRS ruling in 2014. The principal officer is % Edgar County Bank & Trust. It holds total assets of $231K. Annual income is reported at $106K. SCHOLARSHIP GRANT-MAKING - 6 SCHOLARSHIP ADMINISTERED. According to available records, Ruth Pinnell Scholarship Loan Fund has made 12 grants totaling $25K, with a median grant of $2K. The foundation has distributed between $12K and $13K annually from 2022 to 2023. Individual grants have ranged from $2K to $2K, with an average award of $2K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in Illinois and Indiana and Texas. Contributions to this foundation are tax-deductible.
SCHOLARSHIP GRANT-MAKING - 6 SCHOLARSHIP ADMINISTERED
Expenses: $16K
SCHOLARSHIP GRANT-MAKING - 6 SCHOLARSHIP ADMINISTERED. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in IL, IN, TX.
Ruth Pinnell Scholarship Loan Fund has distributed a total of $25K across 12 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $2K to $2K.
The application deadline is APRIL 22. LIMITED TO RESIDENTS OF EDGAR COUNTY, IL PURSUING FURTHER EDUCATION IN NURSING OR TEACHING. HIGH SCHOOL STUDENTS, HIGH SCHOOL GRADUATES, PERSONS BEING EMPLOYED FULL-TIME AND HOMEMAKERS WITH MINOR CHILDREN ARE ELIGIBLE.
Ruth Pinnell Scholarship Loan Fund is headquartered in PARIS, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Prospect Bank | TRUSTEE | $4K | $0 | $4K |
Total Giving
$16K
Total Assets
$235K
Fair Market Value
$240K
Net Worth
$235K
Grants Paid
$12K
Contributions
$0
Net Investment Income
$6K
Distribution Amount
$13K
Total Grants
12
Total Giving
$25K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
11
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Peyton ReasorSCHOLARSHIP | Charleston, IL | $2K | 2023 |
| Braylon NugentSCHOLARSHIP | Charleston, IL | $2K | 2023 |
| Savanna ReedSCHOLARSHIP | Terre Haute, IN | $2K | 2023 |
| Jeffrey BennettSCHOLARSHIP | Charleston, IL | $2K | 2023 |
| Aubrey SandersSCHOLARSHIP | Peoria, IL | $2K | 2023 |
PARIS, IL
PORTLAND, ME
DAWSONVILLE, GA
BETHEL PARK, PA
FARMINGDALE, NY
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Lane HappSCHOLARSHIP |
| Charleston, IL |
| $2K |
| 2023 |
| Marcedez CassitySCHOLARSHIP | Mattoon, IL | $2K | 2022 |
| Gwen MorrisSCHOLARSHIP | Charleston, IL | $2K | 2022 |
| Nathan YorkSCHOLARSHIP | Marion, IN | $2K | 2022 |
| Katie MooreSCHOLARSHIP | Indianapolis, IN | $2K | 2022 |
| Alexis VandevanterSCHOLARSHIP | Temple, TX | $2K | 2022 |
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