Hebert Memorial Scholarship Fund

Foundation · Grantmaker Saginaw, MI EIN: 26-2764191

Hebert Memorial Scholarship Fund is a private foundation focused on Education, based in Saginaw, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 21 grants totaling $75K. Net investment income was $81K.

Key facts about Hebert Memorial Scholarship Fund

EIN
26-2764191
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$75,000
Grants made (2024)
21
Average grant
$3,571
Median grant
$3,000
New grantees (estimate)
95% first-time grantees (20 of 21, 2024)
Total assets
$1,687,588
Primary geography
Michigan (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Hebert Memorial Scholarship Fund funds

By grant dollars, the top recipient states for Hebert Memorial Scholarship Fund's 21 itemized 2024 grants were Michigan (100%). The most frequent recipient cities were Saginaw, MI (7 grants), Freeland, MI (5 grants) and Chesaning, MI (4 grants). None of its 21 grants with a stated purpose were described as general or operating support. Recurring purposes include "Education" (21 grants).

Is Hebert Memorial Scholarship Fund open to new grantees?

95%

first-time grantees, 2024

In 2024, 20 of 21 grantees (95%) were first-time recipients. First grants averaged $3K; repeat grants $15K. How we count

Medians: $3K first-time, $15K repeat.

  • 5% of 2024 grantees were also funded in 2023. Method
  • Giving grew 39% from 2021 to 2024. Method
  • In 2024 it paid out 85% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+0.2% YoY

Annual Giving

$75K

-13.8% YoY

Grant Count

21

-16.0% YoY

Avg Grant Size

$4K

+2.6% YoY

Under IRS private-foundation payout rules, Hebert Memorial Scholarship Fund reported a distributable amount of $91K for 2024 — the minimum it must pay out in qualifying distributions.

About Hebert Memorial Scholarship Fund

Based on IRS filings

Hebert Memorial Scholarship Fund is a private foundation focused on Education, based in Saginaw, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 21 grants totaling $75K. Net investment income was $81K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 21 itemized 2024 grant dollars.

States

Cities

SaginawFreelandFrankenmuthChesaningBirch RunSaint CharlesHemlockBridgeportMerrillUniversity CenterBurtOakley

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$60K$121K$181K$241K20202021202220232024
Metric202420232022
Total Assets$1,687,588$1,683,426$1,751,059
Revenue$99,651$38,344$57,035
Expenses$95,489$107,977$113,103
Qualifying Distributions$76,950$89,125$92,425
Net Investment Income$81,269$25,718$38,351
Distributable Amount$91,033$88,837$91,929

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$26K$53K$79K$105K35 grants202018 grants202130 grants202225 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Delta College: $15KDelta College$15KJacob Alexander: $3KJacob Alexander$3KSydney Borsenik: $3KSydney Borsenik$3KLiliana Bruff: $3KLiliana Bruff$3KRyley Chamberlin: $3KRyley Chamberlin$3KNathaniel Coffel: $3KNathaniel Coffel$3KBrooke Debolt: $3KBrooke Debolt$3KAllison Deleeuw: $3KAllison Deleeuw$3KDaniel Duley: $3KDaniel Duley$3KMyah Gleason: $3KMyah Gleason$3K

Grant Size Distribution

129 grants across all recorded years

129<$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 recipients include Delta College ($15,000), Jacob Alexander ($3,000), Sydney Borsenik ($3,000).

RecipientPurposeAmount
DELTA COLLEGE University Center, MIEDUCATION$15,000
JACOB ALEXANDER Freeland, MIEDUCATION$3,000
SYDNEY BORSENIK Hemlock, MIEDUCATION$3,000
LILIANA BRUFF Chesaning, MIEDUCATION$3,000
RYLEY CHAMBERLIN Freeland, MIEDUCATION$3,000
NATHANIEL COFFEL Saginaw, MIEDUCATION$3,000
BROOKE DEBOLT Saginaw, MIEDUCATION$3,000
ALLISON DELEEUW Freeland, MIEDUCATION$3,000
DANIEL DULEY Freeland, MIEDUCATION$3,000
MYAH GLEASON Freeland, MIEDUCATION$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Kim M GardeyTrustee1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Hebert Memorial Scholarship Fund?

Hebert Memorial Scholarship Fund is a private foundation focused on Education, based in Saginaw, MI. It holds $1.7M in total assets as of 2024.

How large is Hebert Memorial Scholarship Fund?

As of 2024, Hebert Memorial Scholarship Fund holds $1.7M in total assets with $100K in annual revenue. It awarded 21 grants totaling $75K in 2024.

Where does Hebert Memorial Scholarship Fund operate?

Hebert Memorial Scholarship Fund has awarded grants in Michigan.

What size grants does Hebert Memorial Scholarship Fund award?

In 2024, Hebert Memorial Scholarship Fund awarded 21 grants totaling $75K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Hebert Memorial Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hebert Memorial Scholarship Fund reported a distributable amount of $91K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hebert Memorial Scholarship Fund's EIN?

Hebert Memorial Scholarship Fund's EIN (Employer Identification Number) is 26-2764191. IRS Form 990 filing data is available on this page for 2020–2024.

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

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