Grace S Davis Scholarship Trust
Grace S Davis Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MAGNOLIA, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 9 grants totaling $55K. Net investment income was $31K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.3M
+6.2% YoY
Annual Giving
$55K
+1.7% YoY
Grant Count
9
+12.5% YoY
Avg Grant Size
$6K
-9.6% YoY
Under IRS private-foundation payout rules, Grace S Davis Scholarship Trust reported a distributable amount of $64K for 2025 — the minimum it must pay out in qualifying distributions.
About Grace S Davis Scholarship Trust
Based on IRS filings
Grace S Davis Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MAGNOLIA, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 9 grants totaling $55K. Net investment income was $31K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,342,346 | $1,264,477 | $1,249,185 |
| Revenue | $31,815 | $39,773 | $34,668 |
| Expenses | $60,531 | $59,806 | $58,143 |
| Qualifying Distributions | $59,985 | $59,330 | $57,745 |
| Net Investment Income | $31,269 | $39,297 | $34,270 |
| Distributable Amount | $64,265 | $59,725 | $59,369 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
Grant Size Distribution
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Emma Edens ($7,400), Gabriella Smith ($7,400), Nick Mattern ($7,400).
| Recipient | Purpose | Amount |
|---|---|---|
| Emma Edens McNabb, IL | Tuition Scholarship | $7,400 |
| Gabriella Smith McNabb, IL | Tuition Scholarship | $7,400 |
| Katrien Holocker Granville, IL | Tuition Scholarship | $6,600 |
| Jaidin Trone McNabb, IL | Tuition Scholarship | $6,600 |
| Lucas Wiesbrock Lostant, IL | Tuition Scholarship | $6,000 |
| Robert Templeton Lostant, IL | Tuition Scholarship | $5,400 |
| Sarah Johnson Magnolia, IL | Tuition Scholarship | $5,400 |
| Nick Mattern Magnolia, IL | Tuition Scholarship | $7,400 |
| Zachary Popurella McNabb, IL | Tuition Scholarship | $2,700 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTINA M WHITNEY | TRUSTEE | 1.5 | $3,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Grace S Davis Scholarship Trust?
Grace S Davis Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MAGNOLIA, IL. It holds $1.3M in total assets as of 2025.
How large is Grace S Davis Scholarship Trust?
As of 2025, Grace S Davis Scholarship Trust holds $1.3M in total assets with $32K in annual revenue. It awarded 9 grants totaling $55K in 2025.
Where does Grace S Davis Scholarship Trust operate?
Grace S Davis Scholarship Trust has awarded grants in Illinois.
What size grants does Grace S Davis Scholarship Trust award?
In 2025, Grace S Davis Scholarship Trust awarded 9 grants totaling $55K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Grace S Davis Scholarship Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Grace S Davis Scholarship Trust reported a distributable amount of $64K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Grace S Davis Scholarship Trust's EIN?
Grace S Davis Scholarship Trust's EIN (Employer Identification Number) is 34-2010402. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Grace S Davis Scholarship Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.