Allene S Trushel Scholarship Trust

WELLSBORO, PA EIN: 25-1419907

Allene S Trushel Scholarship Trust is a private foundation, based in WELLSBORO, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $638K in total assets. In 2024, it awarded 2 grants totaling $34K. Net investment income was $57K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$638K

+5.2% YoY

Annual Giving

$34K

-2.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$17K

-2.7% YoY

Under IRS private-foundation payout rules, Allene S Trushel Scholarship Trust reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.

About Allene S Trushel Scholarship Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $131K (77%)

New York $34K (20%)

Minnesota $6K (3%)

Illinois $404 (0%)

States

Illinois Minnesota New York Pennsylvania

Cities

AlfredBradfordChicagoClarionJamestownLock HavenMinneapolisRochesterShinglehouseSt BonaventureStony BrookWellsboroWilliamsport

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$637,880	$606,412	$600,710
Revenue	$63,668	$39,413	$33,354
Expenses	$45,123	$44,790	$47,670
Qualifying Distributions	$38,013	$38,702	$40,634
Net Investment Income	$56,996	$33,325	$27,001
Distributable Amount	$36,844	$33,758	$34,785

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

28 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Madelynn Evingham ($17,111), Rachael a Taylor ($17,111).

Recipient	Purpose	Amount
MADELYNN EVINGHAM WELLSBORO, PA	SCHOLARSHIPAWARDED	$17,111
RACHAEL A TAYLOR WELLSBORO, PA	SCHOLARSHIPAWARDED	$17,111

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Allene S Trushel Scholarship Trust?

As of 2024, Allene S Trushel Scholarship Trust holds $638K in total assets with $64K in annual revenue. It awarded 2 grants totaling $34K in 2024.

Where does Allene S Trushel Scholarship Trust operate?

Allene S Trushel Scholarship Trust has awarded grants in Illinois, Minnesota, New York, Pennsylvania.

What size grants does Allene S Trushel Scholarship Trust award?

In 2024, Allene S Trushel Scholarship Trust awarded 2 grants totaling $34K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Allene S Trushel Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Allene S Trushel Scholarship Trust reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Allene S Trushel Scholarship Trust's EIN?

Allene S Trushel Scholarship Trust's EIN (Employer Identification Number) is 25-1419907. IRS Form 990 filing data is available on this page for 2020–2024.