Clifford L & Daisie B Amburn Mem Scholarship

MUNCIE, IN EIN: 35-6051256

Clifford L & Daisie B Amburn Mem Scholarship is a private foundation, based in MUNCIE, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $404K in total assets. In 2024, it awarded 7 grants totaling $35K. Net investment income was $160K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$404K

+41.5% YoY

Annual Giving

$35K

+76.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$5K

+76.9% YoY

Under IRS private-foundation payout rules, Clifford L & Daisie B Amburn Mem Scholarship reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

About Clifford L & Daisie B Amburn Mem Scholarship

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $130K (100%)

States

Indiana

Cities

Fort WayneGastonMuncieSelmaYorktown

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$404,477	$285,859	$286,341
Revenue	$162,314	$27,660	$10,294
Expenses	$43,696	$28,125	$38,525
Qualifying Distributions	$41,246	$26,308	$36,374
Net Investment Income	$160,224	$25,930	$6,286
Distributable Amount	$22,731	$23,511	$26,949

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

34 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Analiese Pittman ($7,333), Ellie Lynn ($7,333), Mckenna Minton ($7,333).

Recipient	Purpose	Amount
ALEXIS QUIRK MUNCIE, IN	SCHOLARSHIP	$1,500
ANALIESE PITTMAN YORKTOWN, IN	SCHOLARSHIP	$7,333
ELLIE LYNN YORKTOWN, IN	SCHOLARSHIP	$7,333
EMILY MCCLURE MUNCIE, IN	SCHOLARSHIP	$3,667
MCKENNA MINTON MUNCIE, IN	SCHOLARSHIP	$7,333
TAYLOR GRIFFEY MUNCIE, IN	SCHOLARSHIP	$3,667
JAYDEN SECHREST MUNCIE, IN	SCHOLARSHIP	$3,667

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 Clifford L & Daisie B Amburn Mem Scholarship?

As of 2024, Clifford L & Daisie B Amburn Mem Scholarship holds $404K in total assets with $162K in annual revenue. It awarded 7 grants totaling $35K in 2024.

Where does Clifford L & Daisie B Amburn Mem Scholarship operate?

Clifford L & Daisie B Amburn Mem Scholarship has awarded grants in Indiana.

What size grants does Clifford L & Daisie B Amburn Mem Scholarship award?

In 2024, Clifford L & Daisie B Amburn Mem Scholarship awarded 7 grants totaling $35K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Clifford L & Daisie B Amburn Mem Scholarship required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Clifford L & Daisie B Amburn Mem Scholarship reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Clifford L & Daisie B Amburn Mem Scholarship's EIN?

Clifford L & Daisie B Amburn Mem Scholarship's EIN (Employer Identification Number) is 35-6051256. IRS Form 990 filing data is available on this page for 2019–2024.