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Virginia R Padovan Scholarship Trust is a private corporation based in BURLINGTON, IA. The foundation received its IRS ruling in 1985. The principal officer is Farmers & Merchants Bank & Trust. It holds total assets of $7K. Annual income is reported at $322. The foundation is governed by 1 officer or trustee. Tax records are available from 2016 to 2023. According to available records, Virginia R Padovan Scholarship Trust has made 2 grants totaling $1K, with a median grant of $525. The foundation has distributed between $500 and $550 annually from 2021 to 2023. Individual grants have ranged from $500 to $550, with an average award of $525. The foundation has supported 2 unique organizations. 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.
Virginia R Padovan Scholarship Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in IA.
Virginia R Padovan Scholarship Trust has distributed a total of $1K across 2 grants. The median grant size is $525, with an average of $525. Individual grants have ranged from $500 to $550.
The application deadline is LAST DAY OF SCHOOL IN FEBRUARY. Burlington high school student with a gpa of 3.0 or higher, attending an accredited college in iowa for business or education. Need is important and active involvement in the community is considered.
Virginia R Padovan Scholarship Trust is headquartered in BURLINGTON, IA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Farmers Mechants Bank Trust | TRUSTEE | $300 | $0 | $300 |
Total Giving
$1K
Total Assets
$9K
Fair Market Value
$9K
Net Worth
$9K
Grants Paid
$500
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$452
Total: N/A
Total Grants
2
Total Giving
$1K
Average Grant
$525
Median Grant
$525
Unique Recipients
2
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sophia PreaderSCHOLARSHIP | Burlington, IA | $500 | 2023 |
| Mason FortSCHOLARSHIP | Burlington, IA | $550 | 2021 |