Area Scholastic Awards Trust Fund

Private foundation · Grantmaker Las Vegas, NV EIN: 23-7056712

Area Scholastic Awards Trust Fund is a private foundation, based in Las Vegas, NV. IRS filing data is available from 2019 through 2022. In 2022, it awarded 4 grants totaling $212K.

Area Scholastic Awards Trust Fund at a glance

In short: Area Scholastic Awards Trust Fund gave $212K across 4 grants in 2022 (avg $53K), mostly in Pennsylvania. Source: 2022 IRS Form 990-PF.

Annual giving (2022)
$211,728
+6316.0% vs 2021
Grants made (2022)
4
+0.0% vs 2021
Average grant
$52,932
+6316.0% vs 2021
Median grant
$8,046
Primary geography
Pennsylvania (100% of itemized 2022 grant dollars)
Latest 990 filing
Form 990-PF, 2022 View filing

Data from IRS Form 990-PF, 2022; updated September 2026.

Who Area Scholastic Awards Trust Fund funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2022

First Community Foundation: $195KFirst Community Foundation$195KSouth Williamsport Area School Dist: $8KSouth Williamsport Area SchoolDist$8KRepasz Band Inc: $8KRepasz Band Inc$8KLoyalsock Township School District: $423Loyalsock Township SchoolDistrict$423

The largest 2022 recipient was First Community Foundation ($195K). Together the top 4 received $212K.

Grant Size Distribution

16 grants across all recorded years

15<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 16 (94%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2022 grant dollars across all 4 itemized grants.

States

Cities

WilliamsportMontoursvilleSouth Williamsport

How Area Scholastic Awards Trust Fund gives

  • Giving grew 2852% from 2019 to 2022. Method
  • In 2022 it paid out well above its IRS minimum distribution (the 5% rule). 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

$0$100K$200K$300K4 grants2019 4 grants2020 4 grants2021 4 grants2022

From 2019 to 2022, annual grant giving ranged from $3K (2021) to $212K (2022). In 2022 it made 4 grants totaling $212K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
First Community Foundation Williamsport, PAGeneral Support$195,214
South Williamsport Area School Dist South Williamsport, PAGeneral Support$8,469
Repasz Band Inc Williamsport, PAGeneral Operating$7,622
Loyalsock Township School District Williamsport, PAGeneral Support$423
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2022—$394$215,417$211,7284$213,832—$2,707
2021$189,543$56,863$28,126$3,3004$24,817$53,627$9,814
2020$186,186$19,108$20,380$7,1594—$15,702$10,098
2019$186,955$20,703$12,310$7,1734—$17,275$9,526

Under IRS private-foundation payout rules, Area Scholastic Awards Trust Fund reported a distributable amount of $3K for 2022 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Area Scholastic Awards Trust Fund's only listed officer is Wells Fargo Bank N A, Trustee on every filing since 2019 (compensated).

Officers on the 2022 filing

  • Wells Fargo Bank N A

    Trustee

    On filings since 2019

    1 hr/week

    $4K (2019) → $595 (2022)

Data from IRS Form 990 filings, 2019–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

Wells Fargo Bank N a — Trustee: $595Wells Fargo Bank N aTrustee$595

The highest reported compensation on the 2022 filing was $595, to Wells Fargo Bank N a (Trustee).

Frequently asked questions about Area Scholastic Awards Trust Fund

How much does Area Scholastic Awards Trust Fund give each year?

Area Scholastic Awards Trust Fund gave $212K across 4 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $3K across 4 grants.

What is Area Scholastic Awards Trust Fund's typical grant size?

Area Scholastic Awards Trust Fund's median grant in 2022 was $8,046, and its average grant was $52,932, across 4 grants on its 2022 IRS Form 990-PF.

Where does Area Scholastic Awards Trust Fund give grants?

Area Scholastic Awards Trust Fund gives mostly in Pennsylvania: 100% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Williamsport, PA (3 grants).

Does Area Scholastic Awards Trust Fund give general operating support?

Yes: 100% of Area Scholastic Awards Trust Fund's 2022 grants with a stated purpose (4 of 4) were for general or operating support, per its 2022 IRS Form 990-PF.

How much is Area Scholastic Awards Trust Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Area Scholastic Awards Trust Fund reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Area Scholastic Awards Trust Fund's EIN?

Area Scholastic Awards Trust Fund's EIN (Employer Identification Number) is 23-7056712. IRS Form 990 filing data is available on this page for 2019–2022.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 3, 2020)
  2. IRS filings on file for fiscal years 2020–2022

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Area Scholastic Awards Trust Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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