Harold Ellison Scholarship Fund 002188

MUNCIE, IN EIN: 35-6375836

Harold Ellison Scholarship Fund 002188 is a private foundation, based in MUNCIE, IN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $62K. Net investment income was $522K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+68.4% YoY

Annual Giving

$62K

+7.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$62K

+7.9% YoY

Under IRS private-foundation payout rules, Harold Ellison Scholarship Fund 002188 reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.

About Harold Ellison Scholarship Fund 002188

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $227K (100%)

States

Indiana

Cities

Muncie

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,104,198	$655,570	$702,084
Revenue	$525,598	$25,211	$39,648
Expenses	$77,021	$71,725	$67,558
Qualifying Distributions	$73,221	$67,956	$63,579
Net Investment Income	$521,798	$21,713	$36,745
Distributable Amount	$45,243	$47,825	$51,962

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

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ball State University Financial Aid Office ($62,171).

Recipient	Purpose	Amount
BALL STATE UNIVERSITY FINANCIAL AID OFFICE MUNCIE, IN	SCHOLARSHIP FOR THE BENEFIT OF VARIOUS STUDENTS.	$62,171

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FIRST MERCHANTS PRIVATE WEALTH ADV	TRUSTEE	5	$12,665

Frequently Asked Questions

How large is Harold Ellison Scholarship Fund 002188?

As of 2024, Harold Ellison Scholarship Fund 002188 holds $1.1M in total assets with $526K in annual revenue. It awarded 1 grants totaling $62K in 2024.

Where does Harold Ellison Scholarship Fund 002188 operate?

Harold Ellison Scholarship Fund 002188 has awarded grants in Indiana.

What size grants does Harold Ellison Scholarship Fund 002188 award?

In 2024, Harold Ellison Scholarship Fund 002188 awarded 1 grants totaling $62K — an average of about $62K per grant, based on its IRS Form 990 filings.

How much is Harold Ellison Scholarship Fund 002188 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Harold Ellison Scholarship Fund 002188 reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Harold Ellison Scholarship Fund 002188's EIN?

Harold Ellison Scholarship Fund 002188's EIN (Employer Identification Number) is 35-6375836. IRS Form 990 filing data is available on this page for 2021–2024.