Hazel & Mark E Masterson Jr Scholarship Fund
Hazel & Mark E Masterson Jr Scholarship Fund is a private foundation focused on N/A, based in Gilbert, AZ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $5K in total assets. In 2025, it awarded 1 grant totaling $4K.
Hazel & Mark E Masterson Jr Scholarship Fund at a glance
In short: Hazel & Mark E Masterson Jr Scholarship Fund gave $4K across 1 grant in 2025 (avg $4K), mostly in District of Columbia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $3,500
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $3,500
- +0.0% vs 2024
- Median grant
- $3,500
- Total assets
- $5,020
- +0.4% vs 2024
- Primary geography
- District of Columbia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Hazel & Mark E Masterson Jr Scholarship Fund funds
How this funder distributes its grants
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Hazel & Mark E Masterson Jr Scholarship Fund gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $4K (2022) to $9K (2023). In 2025 it made 1 grant totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $3,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $5,020 | $3,800 | $3,780 | $3,500 | 1 | $3,780 | $2 |
| 2024 | $5,000 | $3,636 | $3,700 | $3,500 | 1 | $3,700 | — |
| 2023 | $5,064 | $8,800 | $8,780 | $8,500 | 2 | $8,780 | — |
| 2022 | $5,044 | $3,160 | $3,730 | $3,500 | 1 | $3,730 | — |
| 2021 | $5,614 | $4,550 | $5,146 | $5,000 | 1 | $5,146 | — |
Under IRS private-foundation payout rules, Hazel & Mark E Masterson Jr Scholarship Fund reported a distributable amount of $2 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Hazel & Mark E Masterson Jr Scholarship Fund is led by Gina Toliver, President on every filing since 2021; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Gina Toliver
President
On filings since 2021
1 hr/week
No compensation reported
Peggy Anson
Vice President
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Hazel & Mark E Masterson Jr Scholarship Fund
How much does Hazel & Mark E Masterson Jr Scholarship Fund give each year?
Hazel & Mark E Masterson Jr Scholarship Fund gave $4K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4K across 1 grant.
How large is Hazel & Mark E Masterson Jr Scholarship Fund?
Hazel & Mark E Masterson Jr Scholarship Fund reported $5K in total assets on its 2025 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $2 (roughly 5% of its investment assets).
What is Hazel & Mark E Masterson Jr Scholarship Fund?
Hazel & Mark E Masterson Jr Scholarship Fund is a private foundation focused on N/A, based in Gilbert, AZ. It holds $5K in total assets as of 2025.
Where does Hazel & Mark E Masterson Jr Scholarship Fund operate?
Hazel & Mark E Masterson Jr Scholarship Fund has awarded grants in District of Columbia.
What is Hazel & Mark E Masterson Jr Scholarship Fund's EIN?
Hazel & Mark E Masterson Jr Scholarship Fund's EIN (Employer Identification Number) is 85-0541021. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 24, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 30, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 11, 2026)
- IRS filings on file for fiscal years 2021–2025
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