Allen Scholarship Trust is a private foundation focused on Education, based in Cincinnati, OH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $507K in total assets. In 2025, it awarded 1 grant totaling $28K. Net investment income was $65K.
Key facts about Allen Scholarship Trust
In short: Allen Scholarship Trust gave $28K across 1 grant in 2025 (avg $28K), mostly in Ohio. Source: 2025 IRS Form 990-PF.
- EIN
- 26-6010234
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $28,000
- Grants made (2025)
- 1
- Average grant
- $28,000
- Median grant
- $28,000
- Total assets
- $507,137
- Primary geography
- Ohio (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$507K
+6.4% YoY
Annual Giving
$28K
+7.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$28K
+7.7% YoY
Under IRS private-foundation payout rules, Allen Scholarship Trust reported a distributable amount of $27K for 2025 — the minimum it must pay out in qualifying distributions.
How Allen Scholarship Trust gives
- Giving fell 20% from 2022 to 2025. Method
- In 2025 it paid out 122% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $9K (2019) to $40K (2020). In 2025 it made 1 grant totaling $28K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Ofic ($28K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ofic Columbus, OH | Scholarship | $28,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $507,137 | $476,434 | $459,304 |
| Revenue | $72,557 | $55,768 | $27,961 |
| Expenses | $41,841 | $38,680 | $41,972 |
| Qualifying Distributions | $33,548 | $30,535 | $34,800 |
| Net Investment Income | $65,281 | $48,011 | $20,478 |
| Distributable Amount | $27,425 | $26,578 | $24,581 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 21, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 23, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 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 April 19, 2024)
Leadership & Key People
Officers and directors from IRS filings
Allen Scholarship Trust's only listed officer is Fifth Third Bank N A, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
Fifth Third Bank N A
Trustee
On filings since 2020
1 hr/week
$8K (2020) → $8K (2025)
Former officers (6)
- Former: Chancellor Of Indiana Univ Nw (2019–2021) — Officer
- Former: Chancellor Of Purdue Univ Calument (2019–2021) — Officer
- Former: Principal Andrean High School (2019–2021) — Officer
- Former: Superintendent Crown Point Comm Sch (2019–2021) — Officer
- Former: Superintendent Merrillville Schools (2019–2021) — Officer
- Former: Fifth Third Bank (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "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 $8K, to Fifth Third Bank N a (Trustee).
Frequently asked questions about Allen Scholarship Trust
How much does Allen Scholarship Trust give each year?
Allen Scholarship Trust gave $28K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $26K across 1 grant.
How large is Allen Scholarship Trust?
Allen Scholarship Trust reported $507K in total assets on its 2025 IRS Form 990-PF. It paid out $34K in qualifying distributions that year, against a required minimum of $27K (roughly 5% of its investment assets).
What is Allen Scholarship Trust?
Allen Scholarship Trust is a private foundation focused on Education, based in Cincinnati, OH. It holds $507K in total assets as of 2025.
Where does Allen Scholarship Trust operate?
Allen Scholarship Trust has awarded grants in Indiana, Ohio.
What is Allen Scholarship Trust's EIN?
Allen Scholarship Trust's EIN (Employer Identification Number) is 26-6010234. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Allen Scholarship Trust by hand.
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