Jefferson Ethel Scholarship Trust #1038

NEWTOWN, PA EIN: 23-7749232

Jefferson Ethel Scholarship Trust #1038 is a private foundation, based in NEWTOWN, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 1 grants totaling $81K. Net investment income was $143K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+6.3% YoY

Annual Giving

$81K

-15.6% YoY

Grant Count

-92.9% YoY

Avg Grant Size

$81K

+1081.3% YoY

Under IRS private-foundation payout rules, Jefferson Ethel Scholarship Trust #1038 reported a distributable amount of $77K for 2024 — the minimum it must pay out in qualifying distributions.

About Jefferson Ethel Scholarship Trust #1038

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $417K (100%)

States

Pennsylvania

Cities

Newtown

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,015,394	$955,194	$917,876
Revenue	$156,127	$135,652	$42,026
Expenses	$95,657	$107,375	$101,789
Qualifying Distributions	$81,000	$96,000	$88,000
Net Investment Income	$143,032	$123,238	$28,237
Distributable Amount	$77,450	$73,627	$78,746

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

67 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Various Charities ($81,000).

Recipient	Purpose	Amount
VARIOUS CHARITIES NEWTOWN, PA	SCHOLARSHIP	$81,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Jefferson Ethel Scholarship Trust #1038?

As of 2024, Jefferson Ethel Scholarship Trust #1038 holds $1.0M in total assets with $156K in annual revenue. It awarded 1 grants totaling $81K in 2024.

Where does Jefferson Ethel Scholarship Trust #1038 operate?

Jefferson Ethel Scholarship Trust #1038 has awarded grants in Pennsylvania.

What size grants does Jefferson Ethel Scholarship Trust #1038 award?

In 2024, Jefferson Ethel Scholarship Trust #1038 awarded 1 grants totaling $81K — an average of about $81K per grant, based on its IRS Form 990 filings.

How much is Jefferson Ethel Scholarship Trust #1038 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jefferson Ethel Scholarship Trust #1038 reported a distributable amount of $77K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jefferson Ethel Scholarship Trust #1038's EIN?

Jefferson Ethel Scholarship Trust #1038's EIN (Employer Identification Number) is 23-7749232. IRS Form 990 filing data is available on this page for 2020–2024.