F Kelsay Blair Scholarship Trust
F Kelsay Blair Scholarship Trust is a private foundation based in Fairmount, Indiana. It awards scholarships to eligible high school students residing in Fairmount Township, Grant County, for use toward a bachelor’s degree at an accredited institution.
F Kelsay Blair Scholarship Trust at a glance
In short: F Kelsay Blair Scholarship Trust gave $21K across 17 grants in 2025 (avg $1K), mostly in Indiana. 29% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $20,536
- -3.4% vs 2024
- Grants made (2025)
- 17
- +6.3% vs 2024
- Average grant
- $1,208
- -9.0% vs 2024
- Median grant
- $1,208
- Total assets
- $412,110
- -2.4% vs 2024
- New grantees (estimate)
- 29% first-time grantees (5 of 17, 2025; small sample)
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to F Kelsay Blair Scholarship Trust
- How to Apply
-
School officials assemble information about eligible high school students’ ability, need, citizenship, and character. No form is required. Scholarships are available to high school students residing in Fairmount Township, Grant County, Indiana, for use in obtaining a bachelor’s degree at an accredited institution. The filing lists David Crouse as the contact.
- Review Cycle
- No formal deadline is established.
- Deadline
- No formal deadline is established.
- Contact
Application contact: David Crouse
Mailing address: C/O Fairmount State Bank Trust Dept, PO Box 8, Fairmount, IN 46928
Phone: (765) 948-4330
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who F Kelsay Blair Scholarship Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Cody Norris ($1K). Together the top 10 received $12K.
Grant Size Distribution
84 grants across all recorded years
The most common grant size was under $50K: 84 grants of 84 (100%).
Geographic Focus
Where this funder awards grants
The filing restricts scholarship eligibility to high school students residing in Fairmount Township, Grant County, Indiana. All grant dollars listed for 2025 went to recipients in Indiana.
Grant Distribution by State
Share of 2025 grant dollars across all 17 itemized grants.
States
Cities
Is F Kelsay Blair Scholarship Trust open to new grantees?
29%
first-time grantees, 2025
In 2025, 5 of 17 grantees (29%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $1K; repeat grants $1K. How we count
Medians: $1K first-time, $1K repeat.
- 71% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−10%). Method
- In 2025 it paid out 103% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $21K (2025) to $24K (2021). In 2025 it made 17 grants totaling $21K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cody Norris Marion, IN | Education | $1,208 |
| Grace Holmberg Fairmount, IN | Education | $1,208 |
| Tori Hiatt Elwood, IN | Education | $1,208 |
| Derek Eastburn Fairmount, IN | Education | $1,208 |
| Chad Harbet Fairmount, IN | Education | $1,208 |
| Soren Price Jonesboro, IN | Education | $1,208 |
| Samuel Thompson Jonesboro, IN | Education | $1,208 |
| Davin Barton Summitville, IN | Education | $1,208 |
| Grace Werner Fowlerton, IN | Education | $1,208 |
| Michael Bowerman Elwood, IN | Education | $1,208 |
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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 | $412,110 | $11,909 | $22,026 | $20,536 | 17 | $21,216 | $11,228 | $20,499 |
| 2024 | $422,227 | $10,502 | $22,719 | $21,248 | 16 | $21,863 | $9,267 | $21,142 |
| 2023 | $434,444 | $7,563 | $23,567 | $22,320 | 18 | $22,897 | $6,985 | $21,803 |
| 2022 | $450,448 | $7,475 | $23,962 | $22,860 | 16 | $23,411 | $6,635 | $22,892 |
| 2021 | $466,935 | $8,288 | $24,809 | $23,544 | 17 | $24,116 | $7,716 | $23,412 |
| 2020 | $483,456 | $9,475 | $23,949 | $22,688 | 16 | — | $8,889 | $24,151 |
Under IRS private-foundation payout rules, F Kelsay Blair Scholarship Trust reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The trust’s filing does not state a mission. Its stated scholarship eligibility and 2025 grant purposes indicate support for education.
Grantmaking
In filing year 2025, the trust made 17 grants totaling $20,536. Each grant was $1,208. The listed recipients include Cody Norris of Marion, Grace Holmberg and Derek Eastburn of Fairmount, and Tori Hiatt of Elwood; each received $1,208 for education.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Fairmount State Bank Trust Department as trustee.
F Kelsay Blair Scholarship Trust's only listed officer is Fairmount State Bank Trust DPT, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
Fairmount State Bank Trust DPT
Trustee
On filings since 2020
2 hrs/week
$758 (2020) → $876 (2025)
Data from IRS Form 990 filings, 2020–2025. "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 $876, to Fairmount State Bank Trust DPT (Trustee).
Frequently asked questions about F Kelsay Blair Scholarship Trust
How much does F Kelsay Blair Scholarship Trust give each year?
F Kelsay Blair Scholarship Trust gave $21K across 17 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $21K across 16 grants.
What is F Kelsay Blair Scholarship Trust's typical grant size?
F Kelsay Blair Scholarship Trust's median grant in 2025 was $1,208, and its average grant was $1,208, across 17 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from F Kelsay Blair Scholarship Trust that year got $1K on average.
Where does F Kelsay Blair Scholarship Trust give grants?
F Kelsay Blair Scholarship Trust gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Fairmount, IN (7 grants), Elwood, IN (2 grants), Jonesboro, IN (2 grants) and Summitville, IN (2 grants).
Does F Kelsay Blair Scholarship Trust give general operating support?
Not in 2025: none of the 17 grants with a stated purpose on F Kelsay Blair Scholarship Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (17 grants).
Who are F Kelsay Blair Scholarship Trust's largest grantees?
F Kelsay Blair Scholarship Trust's largest 2025 grantees include Cody Norris ($1,208), Grace Holmberg ($1,208) and Tori Hiatt ($1,208), according to its 2025 IRS Form 990-PF. Together they received 18% of its itemized 2025 grant dollars.
How large is F Kelsay Blair Scholarship Trust?
F Kelsay Blair Scholarship Trust reported $412K in total assets on its 2025 IRS Form 990-PF. It paid out $21K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets).
What does F Kelsay Blair Scholarship Trust fund?
The trust’s filing does not state a mission. Its stated scholarship eligibility and 2025 grant purposes indicate support for education. See mission & focus areas ↑
How do I apply for a grant from F Kelsay Blair Scholarship Trust?
School officials assemble information about eligible high school students’ ability, need, citizenship, and character. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is F Kelsay Blair Scholarship Trust's EIN?
F Kelsay Blair Scholarship Trust's EIN (Employer Identification Number) is 35-6532077. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
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Figures come from F Kelsay Blair Scholarship Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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