Froman Scholarship Trust Xxx-xx-xxxx
Froman Scholarship Trust Xxx-xx-xxxx is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $156K in total assets. In 2024, it awarded 3 grants totaling $3K. Net investment income was $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$156K
+2.4% YoY
Annual Giving
$3K
-25.0% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$1K
+0.0% YoY
Under IRS private-foundation payout rules, Froman Scholarship Trust Xxx-xx-xxxx reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About Froman Scholarship Trust Xxx-xx-xxxx
Based on IRS filings
Froman Scholarship Trust Xxx-xx-xxxx is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $156K in total assets. In 2024, it awarded 3 grants totaling $3K. Net investment income was $11K.
Focus Areas
Ready to take the next step with Froman Scholarship Trust Xxx-xx-xxxx?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $155,982 | $152,272 | $142,676 |
| Revenue | $11,536 | $17,362 | $6,353 |
| Expenses | $7,825 | $7,750 | $7,838 |
| Qualifying Distributions | $6,622 | $7,231 | $7,081 |
| Net Investment Income | $10,624 | $16,753 | $5,893 |
| Distributable Amount | $8,747 | $7,606 | $7,838 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Illinois ($1,000), Wabash Valley College ($1,000), Murray State University ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF ILLINOIS CHAMPAIGN, IL | SCHOLARSHIPS | $1,000 |
| WABASH VALLEY COLLEGE MT CARMEL, IL | SCHOLARSHIPS | $1,000 |
| MURRAY STATE UNIVERSITY MURRAY, KY | SCHOLARSHIPS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| OLD NATIONAL WEALTH MANAGEMENT | TRUSTEE | 1 | $3,375 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Froman Scholarship Trust Xxx-xx-xxxx?
Froman Scholarship Trust Xxx-xx-xxxx is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. It holds $156K in total assets as of 2024.
How large is Froman Scholarship Trust Xxx-xx-xxxx?
As of 2024, Froman Scholarship Trust Xxx-xx-xxxx holds $156K in total assets with $12K in annual revenue. It awarded 3 grants totaling $3K in 2024.
Where does Froman Scholarship Trust Xxx-xx-xxxx operate?
Froman Scholarship Trust Xxx-xx-xxxx has awarded grants in Illinois, Indiana, Kentucky.
What size grants does Froman Scholarship Trust Xxx-xx-xxxx award?
In 2024, Froman Scholarship Trust Xxx-xx-xxxx awarded 3 grants totaling $3K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Froman Scholarship Trust Xxx-xx-xxxx required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Froman Scholarship Trust Xxx-xx-xxxx reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Froman Scholarship Trust Xxx-xx-xxxx's EIN?
Froman Scholarship Trust Xxx-xx-xxxx's EIN (Employer Identification Number) is 37-6375786. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Froman Scholarship Trust Xxx-xx-xxxx's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Enterprise Holdings Foundation
SAINT LOUIS, MO
Assets
—
Grants
9,499
Total Given
$73.1M
Edward E Meyer Trust
CINCINNATI, OH
Assets
$1.8M
Grants
1
Total Given
$95K
Esther V Haggerty Trust Xxx-xx-xxxx
EVANSVILLE, IN
Assets
—
Grants
2
Total Given
$3K
A Frank Orr Educational Trust Xxx-xx-xxxx
EVANSVILLE, IN
Assets
$294K
Grants
3
Total Given
$10K
Sellers Scholarship
ERIE, PA
Assets
$775K
Grants
16
Total Given
$39K
Tulsa Community Foundation
TULSA, OK
Assets
$1.1B
Grants
1,066
Total Given
$158.6M
Claude and Verne Line Scholarship Fund Trust
EVANSVILLE, IN
Assets
$1.2M
Grants
8
Total Given
$51K
The Dayton Foundation
DAYTON, OH
Assets
$649.6M
Grants
497
Total Given
$34.0M
Lilly Endowment Inc
INDIANAPOLIS, IN
Assets
$79.9B
Grants
1,808
Total Given
$2.3B
Sae International
WARRENDALE, PA
Assets
$110.7M
Grants
33
Total Given
$352K
Wanda M Hart & Willis Edward Hart
TERRE HAUTE, IN
Assets
$630K
Grants
29
Total Given
$35K
University of Indianapolis
INDIANAPOLIS, IN
Assets
$284.0M
Grants
115
Total Given
$13.7M
More Funders in Indiana
Data last updated April 2026. Sourced from IRS Form 990-PF filings.