Alden & Dorothy Perkins Scholarship
Alden & Dorothy Perkins Scholarship is a private foundation, based in Rockford, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $91K in total assets. In 2025, it awarded 1 grant totaling $4K. Net investment income was $7K.
Alden & Dorothy Perkins Scholarship at a glance
In short: Alden & Dorothy Perkins Scholarship gave $4K across 1 grant in 2025 (avg $4K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $4,110
- +110.3% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $4,110
- +110.3% vs 2024
- Median grant
- $4,110
- Total assets
- $91,390
- +2.6% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Alden & Dorothy Perkins Scholarship funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Alden & Dorothy Perkins Scholarship ($4K).
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 8 grants of 8 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How Alden & Dorothy Perkins Scholarship gives
- Giving held roughly steady from 2022 to 2025 (−9%). Method
- In 2025 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2K (2024) to $5K (2021). In 2025 it made 1 grant totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Alden & Dorothy Perkins Scholarship Belvidere, IL | Educational | $4,110 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $91,390 | $7,489 | $5,165 | $4,110 | 1 | $4,491 | $6,904 | $4,502 |
| 2024 | $89,093 | $6,963 | $2,982 | $1,954 | 1 | $2,333 | $6,409 | $4,392 |
| 2023 | $83,179 | $422 | $5,179 | $3,752 | 2 | $4,314 | $1,816 | $4,131 |
| 2022 | $87,965 | $1,447 | $6,019 | $4,504 | 2 | $5,089 | $1,201 | $4,408 |
| 2021 | $92,604 | $9,799 | $6,265 | $4,550 | 2 | $5,215 | $8,825 | $4,861 |
| 2020 | $89,051 | $5,194 | $6,198 | $4,410 | 2 | — | $4,167 | $4,718 |
Under IRS private-foundation payout rules, Alden & Dorothy Perkins Scholarship reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Alden & Dorothy Perkins Scholarship's only listed officer is Midland States Bank, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
Midland States Bank
Trustee
On filings since 2020
40 hrs/week
$1K (2020) → $938 (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $938, to Midland States Bank (Trustee).
Frequently asked questions about Alden & Dorothy Perkins Scholarship
How much does Alden & Dorothy Perkins Scholarship give each year?
Alden & Dorothy Perkins Scholarship gave $4K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 1 grant.
How large is Alden & Dorothy Perkins Scholarship?
Alden & Dorothy Perkins Scholarship reported $91K in total assets on its 2025 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Alden & Dorothy Perkins Scholarship operate?
Alden & Dorothy Perkins Scholarship has awarded grants in Illinois, Indiana, Minnesota, Missouri.
What is Alden & Dorothy Perkins Scholarship's EIN?
Alden & Dorothy Perkins Scholarship's EIN (Employer Identification Number) is 36-7381761. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 26, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2020–2024
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