Irving W Mershon Scholarship Fund
Irving W Mershon Scholarship Fund is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $183K in total assets. In 2025, it awarded 6 grants totaling $6K. Net investment income was $18K.
Irving W Mershon Scholarship Fund at a glance
In short: Irving W Mershon Scholarship Fund gave $6K across 6 grants in 2025 (avg $950), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $5,700
- -12.0% vs 2024
- Grants made (2025)
- 6
- -14.3% vs 2024
- Average grant
- $950
- +2.7% vs 2024
- Median grant
- $550
- Total assets
- $182,701
- +7.1% vs 2024
- Primary geography
- New Jersey (60% 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 Irving W Mershon Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Rowan University ($2K). Together the top 6 received $6K.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 32 grants of 32 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
States
Cities
How Irving W Mershon Scholarship Fund gives
- Giving held roughly steady from 2022 to 2025 (−19%). Method
- In 2025 it paid out 57% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $5K (2023) to $10K (2021). In 2025 it made 6 grants totaling $6K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rowan University Glassboro, NJ | Scholarships | $2,300 |
| Hofstra University Hempstead, NY | Scholarships | $1,700 |
| Mercer County Community College West Windsor, NJ | Scholarships | $800 |
| Vassar College Poughkeepsie, NY | Unrestricted General | $300 |
| Messiah University Mechanicsburg, PA | Unrestricted General | $300 |
| Rutgers University New Brunswick, NJ | Scholarships | $300 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $182,701 | $18,784 | $6,689 | $5,700 | 6 | $5,860 | $18,252 | $10,317 |
| 2024 | $170,559 | $24,728 | $11,977 | $6,475 | 7 | $11,402 | $15,460 | $9,321 |
| 2023 | $157,992 | $5,815 | $9,285 | $5,000 | 5 | $8,830 | $4,272 | $8,462 |
| 2022 | $161,530 | $-3,413 | $9,748 | $6,999 | 3 | $8,448 | $2,818 | $8,578 |
| 2021 | $174,694 | $36,775 | $10,768 | $10,000 | 11 | $10,160 | $35,465 | $9,859 |
| 2020 | $148,114 | $12,143 | $5,917 | $5,250 | 4 | — | $10,508 | $8,010 |
Under IRS private-foundation payout rules, Irving W Mershon Scholarship Fund reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Irving W Mershon Scholarship Fund's only listed officer is Bank Of America, Trustee on every filing since 2021 (uncompensated).
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2021
1 hr/week
No compensation reported
Former officers (1)
- Former: Bank Of America NA (2020) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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 Irving W Mershon Scholarship Fund
How much does Irving W Mershon Scholarship Fund give each year?
Irving W Mershon Scholarship Fund gave $6K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $6K across 7 grants.
What is Irving W Mershon Scholarship Fund's typical grant size?
Irving W Mershon Scholarship Fund's median grant in 2025 was $550, and its average grant was $950, across 6 grants on its 2025 IRS Form 990-PF.
Where does Irving W Mershon Scholarship Fund give grants?
Irving W Mershon Scholarship Fund gives mostly in New Jersey: 60% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (35%) and Pennsylvania (5%).
Does Irving W Mershon Scholarship Fund give general operating support?
Yes: 33% of Irving W Mershon Scholarship Fund's 2025 grants with a stated purpose (2 of 6) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Scholarships" (4 grants).
Who are Irving W Mershon Scholarship Fund's largest grantees?
Irving W Mershon Scholarship Fund's largest 2025 grantees include Rowan University ($2,300), Hofstra University ($1,700) and Mercer County Community College ($800), according to its 2025 IRS Form 990-PF. Together they received 84% of its itemized 2025 grant dollars.
How large is Irving W Mershon Scholarship Fund?
Irving W Mershon Scholarship Fund reported $183K in total assets on its 2025 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Irving W Mershon Scholarship Fund's EIN?
Irving W Mershon Scholarship Fund's EIN (Employer Identification Number) is 21-6016488. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 8, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 22, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 20, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
- IRS filings on file for fiscal years 2020–2025
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