Eileen N Mahan Scholarship Fund

PENNINGTON, NJ EIN: 59-7158823

Eileen N Mahan Scholarship Fund is a private foundation focused on Education, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 2 grants totaling $56K. Net investment income was $88K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.2M

+0.7% YoY

Annual Giving

$56K

-13.4% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$28K

-13.4% YoY

About Eileen N Mahan Scholarship Fund

Based on IRS filings

Eileen N Mahan Scholarship Fund is a private foundation focused on Education, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 2 grants totaling $56K. Net investment income was $88K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BirminghamTallahassee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$45K$89K$134K$179K202020212022202320242025
Metric202520242023
Total Assets$1,249,936$1,241,225$1,254,119
Revenue$93,762$61,115$-1,938
Expenses$67,644$73,795$74,782
Qualifying Distributions$59,474$69,548$69,328
Net Investment Income$87,549$55,894$27,288
Distributable Amount$73,701$67,624$62,740

Giving Over Time

Total grant dollars and number of grants per year

$0$16K$32K$48K$64K2 grants20202 grants20212 grants20222 grants20232 grants20242 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

FLORIDA STATE UNIVERSITY$28KUNIVERSITY OF ALABAMA AT…$28K

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

BANK OF AMERICA N ATRUSTEE$10K

From 2025 filing

NameTitleHoursCompensation
BANK OF AMERICA N ATRUSTEE2$9,820

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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