Hornlein Scholarship Trust

MOUNTAIN HOME, AR EIN: 71-6157456

The Hornlein Scholarship Trust is a private foundation established to provide educational scholarships to students from Mountain Home, Arkansas. The organization is structured as a Section 501(c)(3) exempt private foundation and operates under the legal name Frederick and Kathleen M. Hornlein Educational Trust.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-0.7% YoY

Annual Giving

$68K

+81.7% YoY

Grant Count

+24.0% YoY

Avg Grant Size

$2K

+46.5% YoY

Under IRS private-foundation payout rules, Hornlein Scholarship Trust reported a distributable amount of $69K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The trust provides scholarships to support educational advancement for qualifying students. Scholarship awards are designated for current and former students of Mountain Home High School.

Grantmaking

Applications are accepted during an annual filing period, typically with a March 31 deadline. Incomplete or late applications are not accepted. Scholarship booklets and applications are available through Farmers and Merchants Bank's website at mebanking.com/resources/scholarships.

Review Cycle

. Incomplete or late applications are not accepted. Scholarship booklets and applications are available through Farmers and Merchants Bank's website at mebanking.com/resources/scholarships.

How to Apply

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Geographic Focus

Where this funder awards grants

Mountain Home, Arkansas and Baxter County. The scholarship is specifically restricted to students who have attended Mountain Home High School.

Grant Distribution by State

Arkansas $306K (98%)

Oklahoma $5K (2%)

States

Arkansas Oklahoma

Cities

Bull ShoalsClarkridgeConwayGamalielGassvilleHendersonJordanLakeviewLittle RockMidwayMountain HomeNorforkNormanViola

Financial History

Multi-year comparison from IRS filings

As of 2011:

Fair market value of assets: $1,462,125
Interest income on savings and temporary cash investments: $25,267
Employer Identification Number: 71-6157456

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,315,217	$1,324,607	$1,304,254
Revenue	$85,816	$79,357	$-8,712
Expenses	$95,206	$62,154	$125,108
Qualifying Distributions	$68,034	$37,450	$97,560
Net Investment Income	$60,703	$49,303	$44,424
Distributable Amount	$69,169	$66,767	$51,055

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

194 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Claire Barnes ($3,364), Lauren Wehmeyer ($3,364), Haylee Silzell ($3,364).

Recipient	Purpose	Amount
ABBY TAYLOR MOUNTAIN HOME, AR	EDUCATIONAL SCHLARSHIP	$2,204
ALEXA DARRACQ MOUNTAIN HOME, AR	EDUCATIONAL SCHOLARSHIP	$1,508
ASHLAN TILLEY MOUNTAIN HOME, AR	EDUCATIONAL SCHOLARSHIP	$1,508
CLAIRE BARNES MOUNTAIN HOME, AR	EDUCATIONAL SCHOLARSHIP	$3,364
DILLAN SMAKAL MOUNTAIN HOME, AR	EDUCATIONAL SCHOLARSHIP	$3,132
KIAH BEARD MOUNTAIN HOME, AR	EDUCATIONAL SCHOLARSHIP	$2,204
SHADD DARRACQ MOUNTAIN HOME, AR	EDUCATIONAL SCHOLARSHIP	$928
MEGAN JONES MOUNTAIN HOME, AR	EDUCATIONAL SCHOLARSHIP	$1,856
LAUREN WEHMEYER MOUNTAIN HOME, AR	EDUCATIONAL SCHOLARSHIP	$3,364
SHELBY BETTENHAUSEN MOUNTAIN HOME, AR	EDUCATIONAL SCHOLARSHIP	$2,204

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ALLI MAZZANTI	COMMITTEE ME	—	—

Recent News & Activity

Recent developments and announcements

2019

The Hornlein Scholarship Trust continues to actively accept applications from Mountain Home High School students on an annual basis, with recent application periods documented in 2019 and 2022.

Hornlein Scholarship available for current, former MHHS students

Frequently Asked Questions

What does Hornlein Scholarship Trust fund?

The trust provides scholarships to support educational advancement for qualifying students. Scholarship awards are designated for current and former students of Mountain Home High School.

How do I apply for a grant from Hornlein Scholarship Trust?

**Eligibility Requirements:** • Must be a current or former Mountain Home High School student • Must demonstrate financial need • Must demonstrate good character • Must demonstrate scholastic ability **Application Process:** Applications are accepted during an annual filing period, typically with a March 31 deadline. Incomplete or late applications are not accepted. Scholarship booklets and applications are available through Farmers and Merchants Bank's website at mebanking.com/resources/schola…

Where does Hornlein Scholarship Trust make grants?

Mountain Home, Arkansas and Baxter County. The scholarship is specifically restricted to students who have attended Mountain Home High School.

What size grants does Hornlein Scholarship Trust award?

In 2024, Hornlein Scholarship Trust awarded 31 grants totaling $68K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Hornlein Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hornlein Scholarship Trust reported a distributable amount of $69K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.