Cundiff Scholarship Trust

EAST PEORIA, IL EIN: 87-6710340

Cundiff Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EAST PEORIA, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 19 grants totaling $117K. Net investment income was $691K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+45.5% YoY

Annual Giving

$117K

+11.3% YoY

Grant Count

19

-17.4% YoY

Avg Grant Size

$6K

+34.7% YoY

Under IRS private-foundation payout rules, Cundiff Scholarship Trust reported a distributable amount of $126K for 2024 — the minimum it must pay out in qualifying distributions.

About Cundiff Scholarship Trust

Based on IRS filings

Cundiff Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EAST PEORIA, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 19 grants totaling $117K. Net investment income was $691K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AmesArthurAuroraBaton RougeBloomingtonBourbonnaisCarbondaleCedar RapidsCentrailiaChampaignCharlestonChattanoogaDecaturDekalbGlendaleJacksonvilleJoplinLouisvilleMacombMattoon

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$301K$602K$904K$1M2021202220232024
Metric202420232022
Total Assets$2,595,115$1,783,026$1,868,764
Revenue$953,734$38,830$1,095,254
Expenses$139,710$124,319$117,104
Qualifying Distributions$121,989$110,044$104,232
Net Investment Income$691,003$29,487$29,461
Distributable Amount$126,340$111,773$109,731

Giving Over Time

Total grant dollars and number of grants per year

$0$29K$58K$87K$117K0 grants20219 grants202223 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF ILLINOIS U…$21KILLINOIS STATE UNIVERSITY$14KLAKE LAND COLLEGE$14KPARKLAND COLLEGE$8KBALL STATE UNIVERSITY$6KMISSOURI STATE UNIVERSITY$6KIOWA STATE UNIVERSITY$6KWESTERN ILLINOIS UNIVERS…$6KMONMOUTH COLLEGE$5KOLNEY CENTRAL COLLEGE$5K

Grant Size Distribution

51 grants across all recorded years

51<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Illinois Urbana ($21,032), Illinois State University ($14,190), Lake Land College ($14,190).

RecipientPurposeAmount
BALL STATE UNIVERSITY MUNCIE, INSCHOLARSHIPS$5,828
ILLINOIS STATE UNIVERSITY NORMAL, ILSCHOLARSHIPS$14,190
MISSOURI STATE UNIVERSITY SPRINGFIELD, MOSCHOLARSHIPS$5,828
IOWA STATE UNIVERSITY AMES, IASCHOLARSHIPS$5,828
NORTHERN ILLINOIS UNIVERSITY DEKALB, ILSCHOLARSHIPS$2,534
MONMOUTH COLLEGE MONMOUTH, ILSCHOLARSHIPS$5,068
OLNEY CENTRAL COLLEGE OLNEY, ILSCHOLARSHIPS$5,068
Louisiana State University Baton Rouge, LASCHOLARSHIPS$2,534
VINCENNES UNIVERSITY VINCENNES, INSCHOLARSHIPS$2,534
UNIVERSITY OF LOUISVILLE (KY) LOUISVILLE, KYSCHOLARSHIPS$2,534

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 Cundiff Scholarship Trust?

Cundiff Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EAST PEORIA, IL. It holds $2.6M in total assets as of 2024.

How large is Cundiff Scholarship Trust?

As of 2024, Cundiff Scholarship Trust holds $2.6M in total assets with $954K in annual revenue. It awarded 19 grants totaling $117K in 2024.

Where does Cundiff Scholarship Trust operate?

Cundiff Scholarship Trust has awarded grants in Arizona, Iowa, Illinois, Indiana, Kentucky, Louisiana, Minnesota, Missouri, Mississippi, Ohio, Tennessee.

What size grants does Cundiff Scholarship Trust award?

In 2024, Cundiff Scholarship Trust awarded 19 grants totaling $117K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Cundiff Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cundiff Scholarship Trust reported a distributable amount of $126K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Cundiff Scholarship Trust's EIN?

Cundiff Scholarship Trust's EIN (Employer Identification Number) is 87-6710340. IRS Form 990 filing data is available on this page for 2021–2024.

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

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