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
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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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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