Elwell-colvin Scholarship Fund

Foundation · Grantmaker MILWAUKEE, WI EIN: 91-6569191

Elwell-colvin Scholarship Fund is a private foundation focused on Education, based in MILWAUKEE, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $796K in total assets. In 2025, it awarded 5 grants totaling $46K. Net investment income was $84K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$796K

+4.6% YoY

Annual Giving

$46K

+40.7% YoY

Grant Count

-37.5% YoY

Avg Grant Size

$9K

+125.2% YoY

Under IRS private-foundation payout rules, Elwell-colvin Scholarship Fund reported a distributable amount of $45K for 2025 — the minimum it must pay out in qualifying distributions.

About Elwell-colvin Scholarship Fund

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oregon $228K (99%)

Washington $2K (1%)

States

Oregon Washington

Cities

AlbanyAshlandBellinghamCoos BayCorvallisEugeneForest GroveLa GrandeMcminnvilleMonmouthNewbergNewportPortlandSalem

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$796,447	$761,742	$775,809
Revenue	$97,414	$32,458	$26,823
Expenses	$62,706	$49,443	$82,765
Qualifying Distributions	$48,777	$35,579	$68,650
Net Investment Income	$83,775	$18,077	$13,217
Distributable Amount	$44,761	$45,991	$44,018

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Grant Size Distribution

40 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Oregon State University ($25,666), University of Oregon ($8,000), Pacific University ($4,000).

Recipient	Purpose	Amount
UNIVERSITY OF OREGON EUGENE, OR	SCHOLARSHIP	$8,000
OREGON STATE UNIVERSITY CORVALLIS, OR	SCHOLARSHIP	$25,666
PACIFIC UNIVERSITY FOREST GROVE, OR	SCHOLARSHIP	$4,000
WILLAMETTE UNIVERSITY SALEM, OR	SCHOLARSHIP	$4,000
LINFIELD UNIVERSITY MCMINNVILLE, OR	SCHOLARSHIP	$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
US BANK N A	TRUSTEE	1	$14,855

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Elwell-colvin Scholarship Fund?

Elwell-colvin Scholarship Fund is a private foundation focused on Education, based in MILWAUKEE, WI. It holds $796K in total assets as of 2025.

How large is Elwell-colvin Scholarship Fund?

As of 2025, Elwell-colvin Scholarship Fund holds $796K in total assets with $97K in annual revenue. It awarded 5 grants totaling $46K in 2025.

Where does Elwell-colvin Scholarship Fund operate?

Elwell-colvin Scholarship Fund has awarded grants in Oregon, Washington.

What size grants does Elwell-colvin Scholarship Fund award?

In 2025, Elwell-colvin Scholarship Fund awarded 5 grants totaling $46K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Elwell-colvin Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Elwell-colvin Scholarship Fund reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Elwell-colvin Scholarship Fund's EIN?

Elwell-colvin Scholarship Fund's EIN (Employer Identification Number) is 91-6569191. IRS Form 990 filing data is available on this page for 2021–2025.