Hare Scholarship

Foundation · Grantmaker Marietta, OH EIN: 31-1046211

Hare Scholarship is a private foundation, based in Marietta, OH. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $142K in total assets. In 2024, it awarded 1 grant totaling $6K. Net investment income was $10K.

Key facts about Hare Scholarship

EIN: 31-1046211
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $5,917
Grants made (2024): 1
Average grant: $5,917
Median grant: $5,917
Total assets: $141,626
Primary geography: Ohio (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Hare Scholarship gives

In 2024 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Hare Scholarship

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$142K

+1.5% YoY

Annual Giving

$6K

+93.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$6K

+93.6% YoY

Under IRS private-foundation payout rules, Hare Scholarship reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

About Hare Scholarship

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $6K (100%)

Share of all 1 itemized 2024 grant dollars.

States

Ohio

Cities

Wilmington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$141,626	$139,485	$141,247
Revenue	$11,457	$5,424	$-1,587
Expenses	$9,273	$7,027	$7,380
Qualifying Distributions	$7,572	$5,027	$5,101
Net Investment Income	$9,787	$3,424	$1,130
Distributable Amount	$8,476	$7,887	$8,158

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2022–2024

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

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Wilmington College (Advancement) ($5,917).

Recipient	Purpose	Amount
WILMINGTON COLLEGE (ADVANCEMENT) Wilmington, OH	EDUCATIONAL	$5,917

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Peoples Bank	Trustee	1	$2,184

Frequently Asked Questions

How large is Hare Scholarship?

As of 2024, Hare Scholarship holds $142K in total assets with $11K in annual revenue. It awarded 1 grant totaling $6K in 2024.

Where does Hare Scholarship operate?

Hare Scholarship has awarded grants in Ohio.

What size grants does Hare Scholarship award?

In 2024, Hare Scholarship awarded 1 grant totaling $6K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Hare Scholarship required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hare Scholarship reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.