Jacob Lillian & Nathan Frank Scholarship is a private foundation focused on Education, based in EVANSVILLE, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $442K in total assets. In 2024, it awarded 13 grants totaling $44K. Net investment income was $43K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$442K
-2.5% YoY
Annual Giving
$44K
Grant Count
13
Avg Grant Size
$3K
Under IRS private-foundation payout rules, Jacob Lillian & Nathan Frank Scholarship reported a distributable amount of $27K for 2024 — the minimum it must pay out in qualifying distributions.
About Jacob Lillian & Nathan Frank Scholarship
Based on IRS filings
Jacob Lillian & Nathan Frank Scholarship is a private foundation focused on Education, based in EVANSVILLE, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $442K in total assets. In 2024, it awarded 13 grants totaling $44K. Net investment income was $43K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $441,605 | $452,800 | $426,927 |
| Revenue | $45,078 | $33,297 | $15,483 |
| Expenses | $56,272 | $7,388 | $33,676 |
| Qualifying Distributions | $53,761 | $6,168 | $31,734 |
| Net Investment Income | $43,004 | $31,919 | $14,251 |
| Distributable Amount | $26,850 | $24,343 | $24,784 |
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
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Southern Indiana ($12,993), F J Reitz High School ($5,912), Ivy Tech Community College ($4,724).
| Recipient | Purpose | Amount |
|---|---|---|
| F J REITZ HIGH SCHOOL EVANSVILLE, IN | SCHOLARSHIPS | $5,912 |
| WILLIAM HENRY HARRISON HIGH SCHOOL WEST LAFAYETTE, IN | SCHOLARSHIPS | $3,205 |
| NORTH HIGH SCHOOL EVANSVILLE, IN | SCHOLARSHIPS | $4,408 |
| NEW TECH INSTITUTE EVANSVILLE, IN | SCHOLARSHIPS | $700 |
| CENTRAL HIGH SCHOOL EVANSVILLE, IN | SCHOLARSHIPS | $2,777 |
| UNIVERSITY OF EVANSVILLE EVANSVILLE, IN | SCHOLARSHIPS | $3,609 |
| EVANSVILLE DAY SCHOOL INC EVANSVILLE, IN | SCHOLARSHIPS | $740 |
| BENJAMIN BOSSE HIGH SCHOOL EVANSVILLE, IN | SCHOLARSHIPS | $2,127 |
| REITZ MEMORIAL CATHOLIC HIGH SCHOOL EVANSVILLE, IN | SCHOLARSHIPS | $735 |
| IVY TECH COMMUNITY COLLEGE EVANSVILLE, IN | SCHOLARSHIPS | $4,724 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| OLD NATIONAL WEALTH MANAGEMENT | TRUSTEE | 1 | $7,499 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jacob Lillian & Nathan Frank Scholarship?
Jacob Lillian & Nathan Frank Scholarship is a private foundation focused on Education, based in EVANSVILLE, IN. It holds $442K in total assets as of 2024.
How large is Jacob Lillian & Nathan Frank Scholarship?
As of 2024, Jacob Lillian & Nathan Frank Scholarship holds $442K in total assets with $45K in annual revenue. It awarded 13 grants totaling $44K in 2024.
Where does Jacob Lillian & Nathan Frank Scholarship operate?
Jacob Lillian & Nathan Frank Scholarship has awarded grants in Indiana.
What size grants does Jacob Lillian & Nathan Frank Scholarship award?
In 2024, Jacob Lillian & Nathan Frank Scholarship awarded 13 grants totaling $44K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Jacob Lillian & Nathan Frank Scholarship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jacob Lillian & Nathan Frank Scholarship reported a distributable amount of $27K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jacob Lillian & Nathan Frank Scholarship's EIN?
Jacob Lillian & Nathan Frank Scholarship's EIN (Employer Identification Number) is 35-6338764. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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