Arthur F & Margaret P Heath Trust Scholarship
Arthur F & Margaret P Heath Trust Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITCHFIELD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $107K in total assets. In 2024, it awarded 8 grants totaling $6K. Net investment income was $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$107K
-2.9% YoY
Annual Giving
$6K
-4.7% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$737.5
-4.7% YoY
Under IRS private-foundation payout rules, Arthur F & Margaret P Heath Trust Scholarship reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
About Arthur F & Margaret P Heath Trust Scholarship
Based on IRS filings
Arthur F & Margaret P Heath Trust Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITCHFIELD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $107K in total assets. In 2024, it awarded 8 grants totaling $6K. Net investment income was $3K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $106,764 | $109,959 | $117,182 |
| Revenue | $4,268 | $396 | $5,037 |
| Expenses | $7,463 | $7,619 | $4,310 |
| Qualifying Distributions | $5,900 | $6,190 | $2,980 |
| Net Investment Income | $3,217 | $3,392 | $3,759 |
| Distributable Amount | $6,133 | $5,957 | $6,275 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Taylor Bradburn ($738), Wade Schmidt ($738), Ian Otto ($738).
| Recipient | Purpose | Amount |
|---|---|---|
| Taylor Bradburn LItchfield, IL | Scholarship | $738 |
| Mannix Hancock Litchfield, IL | Scholarship | $737 |
| Wade Schmidt Litchfield, IL | Scholarship | $738 |
| Jared Shell Litchfield, IL | Scholarship | $737 |
| Ian Otto Litchfield, IL | Scholarship | $738 |
| AJ Sypherd Litchfield, IL | Scholarship | $737 |
| Addison Webb Litchfield, IL | Scholarship | $738 |
| Abby Stockstill Litchfield, IL | Scholarship | $737 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Arthur F & Margaret P Heath Trust Scholarship?
Arthur F & Margaret P Heath Trust Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LITCHFIELD, IL. It holds $107K in total assets as of 2024.
How large is Arthur F & Margaret P Heath Trust Scholarship?
As of 2024, Arthur F & Margaret P Heath Trust Scholarship holds $107K in total assets with $4K in annual revenue. It awarded 8 grants totaling $6K in 2024.
Where does Arthur F & Margaret P Heath Trust Scholarship operate?
Arthur F & Margaret P Heath Trust Scholarship has awarded grants in Illinois.
What size grants does Arthur F & Margaret P Heath Trust Scholarship award?
In 2024, Arthur F & Margaret P Heath Trust Scholarship awarded 8 grants totaling $6K — an average of about $737.5 per grant, based on its IRS Form 990 filings.
How much is Arthur F & Margaret P Heath Trust Scholarship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Arthur F & Margaret P Heath Trust Scholarship reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Arthur F & Margaret P Heath Trust Scholarship's EIN?
Arthur F & Margaret P Heath Trust Scholarship's EIN (Employer Identification Number) is 37-6379182. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.