Dearing Memorial Loan Fund is a private foundation focused on Education, based in OAKLAND CITY, IN. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $331K. Net investment income was $77K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$331K
+2320.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$331K
+2320.4% YoY
Under IRS private-foundation payout rules, Dearing Memorial Loan Fund reported a distributable amount of $6K for 2021 — the minimum it must pay out in qualifying distributions.
About Dearing Memorial Loan Fund
Based on IRS filings
Dearing Memorial Loan Fund is a private foundation focused on Education, based in OAKLAND CITY, IN. IRS filing data is available from 2020 through 2021. In 2021, it awarded 1 grants totaling $331K. Net investment income was $77K.
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 | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $254,056 |
| Revenue | $77,674 | $19,713 |
| Expenses | $331,730 | $15,385 |
| Qualifying Distributions | $330,767 | — |
| Net Investment Income | $76,711 | $17,994 |
| Distributable Amount | $5,517 | $13,713 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2021
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Oakland City University ($330,767).
| Recipient | Purpose | Amount |
|---|---|---|
| OAKLAND CITY UNIVERSITY OAKLAND CITY, IN | LOANS TO WORTHY AND NEEDY STUDENTS | $330,767 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| OAKLAND CITY UNIVERSITY | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Dearing Memorial Loan Fund?
Dearing Memorial Loan Fund is a private foundation focused on Education, based in OAKLAND CITY, IN. It holds — in total assets as of 2021.
Where does Dearing Memorial Loan Fund operate?
Dearing Memorial Loan Fund has awarded grants in Indiana.
What size grants does Dearing Memorial Loan Fund award?
In 2021, Dearing Memorial Loan Fund awarded 1 grants totaling $331K — an average of about $331K per grant, based on its IRS Form 990 filings.
How much is Dearing Memorial Loan Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Dearing Memorial Loan Fund reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Dearing Memorial Loan Fund's EIN?
Dearing Memorial Loan Fund's EIN (Employer Identification Number) is 35-6737728. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in Dearing Memorial Loan Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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