Gladys M Hess Memorial Scholarship Fund

RUSSELLTON, PA EIN: 25-6400630

Gladys M Hess Memorial Scholarship Fund is a private foundation, based in RUSSELLTON, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $102K in total assets. In 2024, it awarded 9 grants totaling $25K. Net investment income was $13K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$102K

-13.2% YoY

Annual Giving

$25K

+0.0% YoY

Grant Count

9

-10.0% YoY

Avg Grant Size

$3K

+11.1% YoY

Under IRS private-foundation payout rules, Gladys M Hess Memorial Scholarship Fund reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

About Gladys M Hess Memorial Scholarship Fund

Based on IRS filings

Gladys M Hess Memorial Scholarship Fund is a private foundation, based in RUSSELLTON, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $102K in total assets. In 2024, it awarded 9 grants totaling $25K. Net investment income was $13K.

Ready to take the next step with Gladys M Hess Memorial Scholarship Fund?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AllianceAthensBeaver FallsButlerCaliforniaCedar RapidsClarionDallasErieGreensburgGreenvilleHuntingdonIndianaKentLatrobeLock HavenLorettoMoon TownshipNew HavenNew Wilmington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8K$16K$24K$32K20202021202220232024
Metric202420232022
Total Assets$101,690$117,213$132,168
Revenue$13,365$11,420$12,959
Expenses$28,888$26,375$28,625
Qualifying Distributions$25,000$25,000$25,000
Net Investment Income$13,190$11,245$12,784
Distributable Amount$5,592$6,380$8,190

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$13K$19K$25K8 grants202010 grants20219 grants202210 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

OHIO UNIVERSITY$5KKENT STATE UNIVERSITY$3KLOCK HAVEN UNIVERSITY$3KROBERT MORRIS UNIVERSITY$3KSAINT VINCENT COLLEGE$3KSLIPPERY ROCK UNIVERSITY$3KTHIEL COLLEGE$3KUPMC ST MARGARET SCHOOL …$3KWESTMINSTER COLLEGE$3K

Grant Size Distribution

46 grants across all recorded years

46<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ohio University ($5,000), Kent State University ($2,500), Lock Haven University ($2,500).

RecipientPurposeAmount
KENT STATE UNIVERSITY KENT, OHTO PROVIDE EDUCATIONAL SCHOLARSHIPS$2,500
LOCK HAVEN UNIVERSITY LOCK HAVEN, PATO PROVIDE EDUCATIONAL SCHOLARSHIPS$2,500
OHIO UNIVERSITY ATHENS, OHTO PROVIDE EDUCATIONAL SCHOLARSHIPS$5,000
ROBERT MORRIS UNIVERSITY MOON TOWNSHIP, PATO PROVIDE EDUCATIONAL SCHOLARSHIPS$2,500
SAINT VINCENT COLLEGE LATROBE, PATO PROVIDE EDUCATIONAL SCHOLARSHIPS$2,500
SLIPPERY ROCK UNIVERSITY SLIPPERY ROCK, PATO PROVIDE EDUCATIONAL SCHOLARSHIPS$2,500
THIEL COLLEGE GREENVILLE, PATO PROVIDE EDUCATIONAL SCHOLARSHIPS$2,500
UPMC ST MARGARET SCHOOL OF NURSING PITTSBURGH, PATO PROVIDE EDUCATIONAL SCHOLARSHIPS$2,500
WESTMINSTER COLLEGE NEW WILMINGTON, PATO PROVIDE EDUCATIONAL SCHOLARSHIPS$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID P SIEGELTRUSTEE1
BETSY A ZIMMERMANTRUSTEE1

Frequently Asked Questions

How large is Gladys M Hess Memorial Scholarship Fund?

As of 2024, Gladys M Hess Memorial Scholarship Fund holds $102K in total assets with $13K in annual revenue. It awarded 9 grants totaling $25K in 2024.

Where does Gladys M Hess Memorial Scholarship Fund operate?

Gladys M Hess Memorial Scholarship Fund has awarded grants in Connecticut, District of Columbia, Florida, Iowa, Ohio, Pennsylvania, Utah.

What size grants does Gladys M Hess Memorial Scholarship Fund award?

In 2024, Gladys M Hess Memorial Scholarship Fund awarded 9 grants totaling $25K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Gladys M Hess Memorial Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gladys M Hess Memorial Scholarship Fund reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gladys M Hess Memorial Scholarship Fund's EIN?

Gladys M Hess Memorial Scholarship Fund's EIN (Employer Identification Number) is 25-6400630. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Gladys M Hess Memorial Scholarship Fund's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

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

What could you do with Gladys M Hess Memorial Scholarship Fund on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities