Eva E McInnes College Scholarship Fund
Eva E McInnes College Scholarship Fund is a private foundation focused on Education, based in Evansville, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 2 grants totaling $60K. Net investment income was $59K.
Eva E McInnes College Scholarship Fund at a glance
In short: Eva E McInnes College Scholarship Fund gave $60K across 2 grants in 2025 (avg $30K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $60,000
- -6.3% vs 2024
- Grants made (2025)
- 2
- -33.3% vs 2024
- Average grant
- $30,000
- +40.6% vs 2024
- Median grant
- $30,000
- Total assets
- $1,023,383
- -1.4% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Eva E McInnes College Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was McHenry Community High School ($40K). Together the top 2 received $60K.
Grant Size Distribution
73 grants across all recorded years
The most common grant size was under $50K: 73 grants of 73 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Eva E McInnes College Scholarship Fund gives
- Giving grew 45% from 2022 to 2025. Method
- In 2025 it paid out 133% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $41K (2022) to $108K (2023). In 2025 it made 2 grants totaling $60K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| McHenry Community High School McHenry, IL | Scholarships | $40,000 |
| Johnsburg High School Johnsburg, IL | Scholarships | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,023,383 | $62,484 | $76,984 | $60,000 | 2 | $73,442 | $59,425 | $55,015 |
| 2024 | $1,037,986 | $51,123 | $80,241 | $64,000 | 3 | $64,015 | $34,897 | $55,027 |
| 2023 | $1,067,104 | $62,084 | $128,241 | $108,250 | 20 | $120,770 | $57,012 | $52,295 |
| 2022 | $1,133,261 | $119,600 | $60,280 | $41,467 | 19 | $55,099 | $114,419 | $55,237 |
| 2021 | $1,073,941 | $50,260 | $73,516 | $51,983 | 29 | $51,983 | $30,153 | $63,698 |
| 2020 | $1,097,197 | $86,603 | $73,765 | $54,500 | 26 | — | $67,353 | $59,425 |
| 2019 | $1,084,359 | $19,382 | $76,370 | $56,750 | 19 | — | $7,454 | $58,715 |
Under IRS private-foundation payout rules, Eva E McInnes College Scholarship Fund reported a distributable amount of $55K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Eva E McInnes College Scholarship Fund's only listed officer is OLD National Wealth Management, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
OLD National Wealth Management
Trustee
On filings since 2021
1 hr/week
$16K (2021) → $13K (2025)
Former officers (1)
- Former: First Midwest Bank (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 $13K, to Old National Wealth Management (Trustee).
Frequently asked questions about Eva E McInnes College Scholarship Fund
How much does Eva E McInnes College Scholarship Fund give each year?
Eva E McInnes College Scholarship Fund gave $60K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $64K across 3 grants.
How large is Eva E McInnes College Scholarship Fund?
Eva E McInnes College Scholarship Fund reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $73K in qualifying distributions that year, against a required minimum of $55K (roughly 5% of its investment assets).
What is Eva E McInnes College Scholarship Fund?
Eva E McInnes College Scholarship Fund is a private foundation focused on Education, based in Evansville, IN. It holds $1.0M in total assets as of 2025.
Where does Eva E McInnes College Scholarship Fund operate?
Eva E McInnes College Scholarship Fund has awarded grants in Illinois.
What is Eva E McInnes College Scholarship Fund's EIN?
Eva E McInnes College Scholarship Fund's EIN (Employer Identification Number) is 36-3756004. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 11, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 1, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 24, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 28, 2026)
- IRS filings on file for fiscal years 2019–2024
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