Fekete M Mem Edu Scholarship Fund is a private foundation focused on Education, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 1 grants totaling $60K. Net investment income was $40K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-1.7% YoY
Annual Giving
$60K
-14.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$60K
-14.3% YoY
Under IRS private-foundation payout rules, Fekete M Mem Edu Scholarship Fund reported a distributable amount of $71K for 2024 — the minimum it must pay out in qualifying distributions.
About Fekete M Mem Edu Scholarship Fund
Based on IRS filings
Fekete M Mem Edu Scholarship Fund is a private foundation focused on Education, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 1 grants totaling $60K. Net investment income was $40K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,259,523 | $1,281,049 | $1,342,332 |
| Revenue | $59,539 | $31,189 | $45,735 |
| Expenses | $82,304 | $90,983 | $96,499 |
| Qualifying Distributions | $63,167 | $73,124 | $75,179 |
| Net Investment Income | $39,506 | $21,967 | $27,607 |
| Distributable Amount | $70,999 | $65,936 | $70,329 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Township of Union Board of Education ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TOWNSHIP OF UNION BOARD OF EDUCATION UNION, NJ | GENERAL OPERATING | $60,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WELLS FARGO BANK N A | TRUSTEE | 1 | $20,649 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Fekete M Mem Edu Scholarship Fund?
Fekete M Mem Edu Scholarship Fund is a private foundation focused on Education, based in SAINT LOUIS, MO. It holds $1.3M in total assets as of 2024.
How large is Fekete M Mem Edu Scholarship Fund?
As of 2024, Fekete M Mem Edu Scholarship Fund holds $1.3M in total assets with $60K in annual revenue. It awarded 1 grants totaling $60K in 2024.
Where does Fekete M Mem Edu Scholarship Fund operate?
Fekete M Mem Edu Scholarship Fund has awarded grants in New Jersey.
What size grants does Fekete M Mem Edu Scholarship Fund award?
In 2024, Fekete M Mem Edu Scholarship Fund awarded 1 grants totaling $60K — an average of about $60K per grant, based on its IRS Form 990 filings.
How much is Fekete M Mem Edu Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fekete M Mem Edu Scholarship Fund reported a distributable amount of $71K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fekete M Mem Edu Scholarship Fund's EIN?
Fekete M Mem Edu Scholarship Fund's EIN (Employer Identification Number) is 61-1712486. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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