Jerry D Lenon Memorial Scholarship Trust

Private foundation · Grantmaker North Manchester, IN EIN: 81-6333277

The Jerry D Lenon Memorial Scholarship Trust is a private foundation based in North Manchester, Indiana. Its 2024 filing reports grants to individual recipients for college scholarships, with all reported grant dollars going to recipients in Indiana.

Jerry D Lenon Memorial Scholarship Trust at a glance

In short: Jerry D Lenon Memorial Scholarship Trust gave $118K across 33 grants in 2024 (avg $4K), mostly in Indiana. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$117,985
+13.3% vs 2023
Grants made (2024)
33
-5.7% vs 2023
Average grant
$3,575
+20.2% vs 2023
Median grant
$2,500
Total assets
$2,128,826
+1.6% vs 2023
Primary geography
Indiana (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

How to apply to Jerry D Lenon Memorial Scholarship Trust

How to Apply

The 2023 filing directs applicants to submit a completed application to the main office of either school. These instructions describe a past application cycle and should not be treated as current.

Review Cycle
The filing lists March 15 and specifies submission by the third Friday in March. This is a past deadline.
Deadline
The filing lists March 15 and specifies submission by the third Friday in March.
Contact

Application contact: Wealth Mngt Office
Mailing address: First Financial Bank, 4 E Main St, Flora, IN 46929
Phone: (888) 452-1744
Email: mallory.sanders@bankatfirst.com

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Jerry D Lenon Memorial Scholarship Trust funds

How this funder distributes its grants

Grant Size Distribution

149 grants across all recorded years

149<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 149 grants of 149 (100%).

Geographic Focus

Where this funder awards grants

All grant dollars reported for filing year 2024 went to recipients in Indiana.

Grant Distribution by State

1state

Share of 2024 grant dollars across all 33 itemized grants.

States

Cities

BringhurstBrookstonCamdenCutlerDelphiFloraKokomoMonticelloRockfieldRussiaville

How Jerry D Lenon Memorial Scholarship Trust gives

  • Giving held roughly steady from 2021 to 2024 (−4%). Method
  • In 2024 it paid out 109% of its IRS minimum distribution (the 5% rule). 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

$0$50K$100K$150K21 grants2020 27 grants2021 33 grants2022 35 grants2023 33 grants2024

From 2020 to 2024, annual grant giving ranged from $101K (2020) to $123K (2021). In 2024 it made 33 grants totaling $118K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
33 individual scholarships Recipients not named —$117,985
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$2,128,826$188,775$154,331$117,98533$133,329$167,773$121,770
2023$2,094,384$48,309$141,498$104,11835$118,737$44,301$118,639
2022$2,187,573$182,544$161,943$117,52633$137,034$159,135$128,873
2021$2,166,972$157,249$158,866$122,78327—$136,520$138,086
2020$2,168,589$74,612$133,596$100,74421—$56,303$120,640

Under IRS private-foundation payout rules, Jerry D Lenon Memorial Scholarship Trust reported a distributable amount of $122K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The available grant information shows support for college scholarships. The sources do not state a broader mission.

Grantmaking

In filing year 2024, the trust reported 33 grants totaling $117,985. Grants ranged from $491 to $8,000, with a median of $2,500. Its largest reported grants were $8,000, $7,500, and $7,494, each for a college scholarship to an individual recipient in Indiana.

The trust’s 2023 filing states that it does not restrict giving to preselected organizations. It describes an application process for eligible students at Carroll Jr-Sr High School or Delphi Community High School, including current scholarship recipients seeking renewal. Applicants had to be graduating by the end of summer school of the academic year, be accepted as full-time students in a bachelor’s program at an accredited public or private college or university, and begin studies by the following fall. The filing also lists a restriction concerning family relationships to members of the scholarship selection committee.

The filing says applications were available in the guidance offices at the two schools. Required materials included a personal data sheet, family resources form, community/work/school activities form, two recommendation request forms with letters, academic certification form, student/parent/guardian certification and agreements form, and a career and ability essay outline. Applicants also had to include an official transcript with SAT and/or ACT scores and a FAFSA SARS report on expected family contribution.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists First Financial Bank as trustee.

Jerry D Lenon Memorial Scholarship Trust's only listed officer is First Financial Bank, Trustee on every filing since 2020 (compensated).

Officers on the 2024 filing

  • First Financial Bank

    Trustee

    On filings since 2020

    4 hrs/week

    $30K (2020) → $33K (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

First Financial Bank — Trustee: $33KFirst Financial BankTrustee$33K

The highest reported compensation on the 2024 filing was $33K, to First Financial Bank (Trustee).

Frequently asked questions about Jerry D Lenon Memorial Scholarship Trust

How much does Jerry D Lenon Memorial Scholarship Trust give each year?

Jerry D Lenon Memorial Scholarship Trust gave $118K across 33 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $104K across 35 grants.

What is Jerry D Lenon Memorial Scholarship Trust's typical grant size?

Jerry D Lenon Memorial Scholarship Trust's median grant in 2024 was $2,500, and its average grant was $3,575, across 33 grants on its 2024 IRS Form 990-PF.

Where does Jerry D Lenon Memorial Scholarship Trust give grants?

Jerry D Lenon Memorial Scholarship Trust gives mostly in Indiana: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.

Does Jerry D Lenon Memorial Scholarship Trust give general operating support?

Not in 2024: none of the 33 grants with a stated purpose on Jerry D Lenon Memorial Scholarship Trust's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "College Scholarship" (33 grants).

How large is Jerry D Lenon Memorial Scholarship Trust?

Jerry D Lenon Memorial Scholarship Trust reported $2.1M in total assets on its 2024 IRS Form 990-PF. It paid out $133K in qualifying distributions that year, against a required minimum of $122K (roughly 5% of its investment assets).

What does Jerry D Lenon Memorial Scholarship Trust fund?

The available grant information shows support for college scholarships. The sources do not state a broader mission. See mission & focus areas ↑

How do I apply for a grant from Jerry D Lenon Memorial Scholarship Trust?

The 2023 filing directs applicants to submit a completed application to the main office of either school. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Jerry D Lenon Memorial Scholarship Trust's EIN?

Jerry D Lenon Memorial Scholarship Trust's EIN (Employer Identification Number) is 81-6333277. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 31, 2022)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 6, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS July 24, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 13, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 9, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Jerry D Lenon Memorial Scholarship Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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