Edna B Mead Scholarship Fund Irrevocable
Edna B Mead Scholarship Fund Irrevocable is a private foundation based in Chicago, Illinois. Its 2025 filing lists scholarship grants to individual recipients.
Key facts about Edna B Mead Scholarship Fund Irrevocable
In short: Edna B Mead Scholarship Fund Irrevocable gave $25K across 24 grants in 2025 (avg $1K), mostly in Michigan. Source: 2025 IRS Form 990-PF.
- EIN
- 38-6403208
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $25,440
- Grants made (2025)
- 24
- Average grant
- $1,060
- Median grant
- $1,060
- Total assets
- $460,997
- Primary geography
- Michigan (88% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$461K
-1.4% YoY
Annual Giving
$25K
+28.8% YoY
Grant Count
24
+60.0% YoY
Avg Grant Size
$1K
-19.5% YoY
Under IRS private-foundation payout rules, Edna B Mead Scholarship Fund Irrevocable reported a distributable amount of $24K for 2025 — the minimum it must pay out in qualifying distributions.
How Edna B Mead Scholarship Fund Irrevocable gives
- Giving held roughly steady from 2022 to 2025 (+19%). Method
- In 2025 it paid out 115% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
No mission statement is provided. The 2025 grants are identified as scholarships.
Grantmaking
In 2025, the foundation reported 24 grants totaling $25,440. Each listed grant was $1,060. Recipients included an individual recipient; an individual recipient; and an individual recipient, each receiving $1,060 for a scholarship.
How to Apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with Edna B Mead Scholarship Fund Irrevocable?
Geographic Focus
Where this funder awards grants
In 2025, 88% of grant dollars went to recipients in Michigan, 8% to recipients in Ohio, and 4% to recipients in Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 24 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $19K (2020) to $25K (2025). In 2025 it made 24 grants totaling $25K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
62 grants across all recorded years
The most common grant size was under $50K: 62 grants of 62 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 24 individual scholarships Recipients not named | — | $25,440 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $460,997 | $25,116 | $34,068 | $25,440 |
| 2024 | $467,419 | $35,501 | $25,692 | $19,750 |
| 2023 | $449,847 | $24,037 | $23,548 | $21,000 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $460,997 | $467,419 | $449,847 |
| Revenue | $25,116 | $35,501 | $24,037 |
| Expenses | $34,068 | $25,692 | $23,548 |
| Qualifying Distributions | $28,068 | $22,228 | $23,266 |
| Net Investment Income | $19,684 | $32,332 | $23,821 |
| Distributable Amount | $24,364 | $22,926 | $21,170 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 22, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2025)
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 10, 2020)
Leadership & Key People
Officers and directors from IRS filings
Edna B Mead Scholarship Fund Irrevocable's only listed officer is JP Morgan Chase Bank NA, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
JP Morgan Chase Bank NA
Trustee
On filings since 2021
2 hrs/week
$3K (2021) → $8K (2025)
Former officers (1)
- Former: JP Morgan Chase Bank N A (2019–2020) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $8K, to JP Morgan Chase Bank NA (Trustee).
Contact
Mailing address: 10 S Dearborn Il1-0111, Chicago, IL 60603
Phone: (800) 496-2583
Frequently asked questions about Edna B Mead Scholarship Fund Irrevocable
How much does Edna B Mead Scholarship Fund Irrevocable give each year?
Edna B Mead Scholarship Fund Irrevocable gave $25K across 24 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 15 grants.
What is Edna B Mead Scholarship Fund Irrevocable's typical grant size?
Edna B Mead Scholarship Fund Irrevocable's median grant in 2025 was $1,060, and its average grant was $1,060, across 24 grants on its 2025 IRS Form 990-PF.
Where does Edna B Mead Scholarship Fund Irrevocable give grants?
Edna B Mead Scholarship Fund Irrevocable gives mostly in Michigan: 88% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Ohio (8%).
Does Edna B Mead Scholarship Fund Irrevocable give general operating support?
Not in 2025: none of the 24 grants with a stated purpose on Edna B Mead Scholarship Fund Irrevocable's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (24 grants).
How large is Edna B Mead Scholarship Fund Irrevocable?
Edna B Mead Scholarship Fund Irrevocable reported $461K in total assets on its 2025 IRS Form 990-PF. It paid out $28K in qualifying distributions that year, against a required minimum of $24K (roughly 5% of its investment assets).
What does Edna B Mead Scholarship Fund Irrevocable fund?
No mission statement is provided. The 2025 grants are identified as scholarships. See mission & focus areas ↑
How do I apply for a grant from Edna B Mead Scholarship Fund Irrevocable?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Edna B Mead Scholarship Fund Irrevocable's EIN?
Edna B Mead Scholarship Fund Irrevocable's EIN (Employer Identification Number) is 38-6403208. IRS Form 990 filing data is available on this page for 2019–2025.
Does Edna B Mead Scholarship Fund Irrevocable accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Edna B Mead Scholarship Fund Irrevocable by hand.
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