Jefferson Scholarship Fund

MILWAUKEE, WI EIN: 93-6026691

Jefferson Scholarship Fund is a private foundation focused on Education, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 23 grants totaling $183K. Net investment income was $190K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.7M

+15.7% YoY

Annual Giving

$183K

+43.5% YoY

Grant Count

23

-30.3% YoY

Avg Grant Size

$8K

+106.0% YoY

Under IRS private-foundation payout rules, Jefferson Scholarship Fund reported a distributable amount of $158K for 2024 — the minimum it must pay out in qualifying distributions.

About Jefferson Scholarship Fund

Based on IRS filings

Jefferson Scholarship Fund is a private foundation focused on Education, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 23 grants totaling $183K. Net investment income was $190K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

17states
+9 more states

Cities

AlbanyAshlandAuburnBaker CityBendBismarckBoiseBozemanBrookingsCaldwellCannon BeachCheneyCoalingaCollege StationCoos BayCorvallisDaytona BeachEugeneEverettForest Grove

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$176K$351K$527K$702K20202021202220232024
Metric202420232022
Total Assets$2,650,407$2,291,104$2,234,291
Revenue$638,571$242,542$194,305
Expenses$231,065$169,314$173,004
Qualifying Distributions$189,999$135,556$131,321
Net Investment Income$189,642$106,861$90,420
Distributable Amount$158,325$122,041$117,612

Giving Over Time

Total grant dollars and number of grants per year

$0$46K$92K$137K$183K15 grants202032 grants202134 grants202233 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CENTRAL OREGON COMMUNITY…$40KOREGON STATE UNIVERSITY$38KGEORGE FOX UNIVERSITY$19KOREGON INSTITUTE OF TECH…$12KGRAND CANYON UNIVERSITY$8KOREGON STATE UNIVERSITY …$8KOKLAHOMA STATE UNIVERSITY$7KPORTLAND STATE UNIVERSITY$6KBLUE MOUNTAIN COMMUNITY …$5KMT HOOD COMMUNITY COLLEGE$5K

Grant Size Distribution

137 grants across all recorded years

137<$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 include Central Oregon Community College ($40,292), Oregon State University ($38,250), George Fox University ($19,200).

RecipientPurposeAmount
CENTRAL OREGON COMMUNITY COLLEGE BEND, ORSCHOLARSHIPS$40,292
WESTERN OREGON UNIVERSITY MONMOUTH, ORSCHOLARSHIPS$3,100
UNIVERSITY OF OREGON EUGENE, ORSCHOLARSHIPS$3,000
OREGON STATE UNIVERSITY CORVALLIS, ORSCHOLARSHIPS$38,250
OREGON STATE UNIVERSITY - CASCADES BEND, ORSCHOLARSHIPS$7,600
OKLAHOMA STATE UNIVERSITY STILLWATER, OKSCHOLARSHIPS$6,825
MONTANA STATE UNIVERSITY BOZEMAN, MTSCHOLARSHIPS$2,500
GEORGE FOX UNIVERSITY NEWBERG, ORSCHOLARSHIPS$19,200
UNIVERSITY OF IDAHO MOSCOW, IDSCHOLARSHIP$2,500
BOISE STATE UNIVERSITY BOISE, IDSCHOLARSHIPS$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

US BANK N ATRUSTEE$37K

From 2024 filing

NameTitleHoursCompensation
US BANK N ATRUSTEE1$37,128

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Jefferson Scholarship Fund?

Jefferson Scholarship Fund is a private foundation focused on Education, based in MILWAUKEE, WI. It holds $2.7M in total assets as of 2024.

How large is Jefferson Scholarship Fund?

As of 2024, Jefferson Scholarship Fund holds $2.7M in total assets with $639K in annual revenue. It awarded 23 grants totaling $183K in 2024.

Where does Jefferson Scholarship Fund operate?

Jefferson Scholarship Fund has awarded grants in Arizona, California, Florida, Idaho, Kansas, Michigan, Minnesota, Missouri, Montana, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Dakota, Texas, Washington.

What size grants does Jefferson Scholarship Fund award?

In 2024, Jefferson Scholarship Fund awarded 23 grants totaling $183K — an average of about $8K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jefferson Scholarship Fund reported a distributable amount of $158K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jefferson Scholarship Fund's EIN?

Jefferson Scholarship Fund's EIN (Employer Identification Number) is 93-6026691. IRS Form 990 filing data is available on this page for 2020–2024.

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

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