Drew Jones Mem Scholarship Fund

CAPE GIRARDEAU, MO EIN: 85-2450014

Drew Jones Mem Scholarship Fund is a private foundation focused on Education, based in CAPE GIRARDEAU, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15K in total assets. In 2024, it awarded 1 grants totaling $10K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$15K

-8.3% YoY

Annual Giving

$10K

+17.6% YoY

Grant Count

1

-83.3% YoY

Avg Grant Size

$10K

+605.9% YoY

Under IRS private-foundation payout rules, Drew Jones Mem Scholarship Fund reported a distributable amount of $99 for 2024 — the minimum it must pay out in qualifying distributions.

About Drew Jones Mem Scholarship Fund

Based on IRS filings

Drew Jones Mem Scholarship Fund is a private foundation focused on Education, based in CAPE GIRARDEAU, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15K in total assets. In 2024, it awarded 1 grants totaling $10K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Cape Girardeau

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6K$12K$18K$23K20202021202220232024
Metric202420232022
Total Assets$15,328$16,713$17,743
Revenue$19,888$18,378$17,351
Expenses$21,273$19,408$9,614
Qualifying Distributions$10,000$8,500$8,000
Net Investment Income
Distributable Amount$99$493

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$5K$8K$10K0 grants20200 grants20214 grants20226 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

VARIOUS$10K

Grant Size Distribution

11 grants across all recorded years

11<$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 Various ($10,000).

RecipientPurposeAmount
VARIOUS CAPE GIRARDEAU, MOSCHOLARSHIP$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KEITH DAUMDIRECTOR
JEANETTA DAUMDIRECTOR
KIM WEAVERDIRECTOR
MADISON DAUMDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Drew Jones Mem Scholarship Fund?

Drew Jones Mem Scholarship Fund is a private foundation focused on Education, based in CAPE GIRARDEAU, MO. It holds $15K in total assets as of 2024.

How large is Drew Jones Mem Scholarship Fund?

As of 2024, Drew Jones Mem Scholarship Fund holds $15K in total assets with $20K in annual revenue. It awarded 1 grants totaling $10K in 2024.

Where does Drew Jones Mem Scholarship Fund operate?

Drew Jones Mem Scholarship Fund has awarded grants in Missouri.

What size grants does Drew Jones Mem Scholarship Fund award?

In 2024, Drew Jones Mem Scholarship Fund awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Drew Jones Mem Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Drew Jones Mem Scholarship Fund reported a distributable amount of $99 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Drew Jones Mem Scholarship Fund's EIN?

Drew Jones Mem Scholarship Fund's EIN (Employer Identification Number) is 85-2450014. 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.

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