John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee
The JOHN ALEXANDER MEMORIAL SCHOLARSHIP is a private foundation based in Albany, New York. Its 2025 filing reports scholarship grants to individuals and states that applicants must reside in Schenectady County and attend a law school in New York State.
John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee at a glance
In short: John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee gave $35K across 12 grants in 2025 (avg $3K), mostly in New York. 60% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $35,000
- +40.0% vs 2024
- Grants made (2025)
- 12
- -7.7% vs 2024
- Average grant
- $2,917
- +51.7% vs 2024
- Median grant
- $3,049
- Total assets
- $558,061
- +2.0% vs 2024
- New grantees (estimate)
- 60% first-time grantees (6 of 10, 2025; small sample)
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Its filing lists the requested materials as a home/legal address and a short statement about financial need and professional objectives. It also states that applicants must be residents of Schenectady County and attend a law school in New York State.
- Contact
Mailing address: 6 Metro Park Rd, Albany, NY 12205
Phone: (518) 381-3643
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Michael Stanco ($3K). Together the top 10 received $29K.
Organizations only. It also paid 2 individual scholarships ($6,098), which are not listed by name.
Grant Size Distribution
74 grants across all recorded years
The most common grant size was under $50K: 74 grants of 74 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in New York. The filing’s stated applicant restriction is residency in Schenectady County and attendance at a law school in New York State.
Grant Distribution by State
Share of 2025 grant dollars across all 12 itemized grants.
States
Cities
Is John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee open to new grantees?
60%
first-time grantees, 2025
In 2025, 6 of 10 grantees (60%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $3K; repeat grants $3K. How we count
Medians: $3K first-time, $3K repeat.
- 40% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−8%). Method
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $25K (2024) to $38K (2022). In 2025 it made 12 grants totaling $35K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Michael Stanco Albany, NY | Scholarhsip | $3,050 |
| Tessa Hilt Albany, NY | Scholarhsip | $3,050 |
| Vashisht Persaud Albany, NY | Scholarhsip | $3,050 |
| Sophie Nye Albany, NY | Scholarhsip | $3,049 |
| Mason Sanders Albany, NY | Scholarhsip | $3,049 |
| Alexa Reilly Albany, NY | Scholarhsip | $3,049 |
| Ishana Sahabir Albany, NY | Scholarhsip | $3,049 |
| Victoria Savage Albany, NY | Scholarhsip | $3,049 |
| 2 individual scholarships Recipients not named | — | $6,098 |
| Kayla Seeley Albany, NY | Scholarhsip | $3,049 |
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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 | $558,061 | $50,893 | $40,113 | $35,000 | 12 | $35,425 | $46,666 | $37,573 |
| 2024 | $547,281 | $39,295 | $30,144 | $25,000 | 13 | $25,425 | $35,308 | $35,472 |
| 2023 | $538,130 | $41,481 | $35,041 | $31,000 | 20 | $31,400 | $37,840 | $26,094 |
| 2022 | $531,690 | $36,594 | $43,198 | $38,000 | 16 | $38,400 | $32,780 | $32,012 |
| 2021 | $538,294 | $49,981 | $31,687 | $26,338 | 13 | $28,797 | $47,896 | $36,505 |
| 2020 | $520,000 | $49,554 | $34,602 | $29,203 | 11 | — | $47,660 | $32,124 |
Under IRS private-foundation payout rules, John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee reported a distributable amount of $38K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement is provided. The 2025 filing describes scholarship awards and lists law-school attendance and Schenectady County residency as applicant restrictions.
Grantmaking
In filing year 2025, the foundation gave $35,000 through 12 grants. Grant amounts ranged from $1,458 to $3,050, with a median of $3,049. The largest awards were $3,050 each to Michael Stanco, Tessa Hilt, and Vashisht Persaud, all listed in Albany, New York.
Leadership & Key People
Leadership team and compensation from IRS filings
Trustco Bank is listed as trustee on the 2025 filing.
John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee's only listed officer is Trustco Bank, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
Trustco Bank
Trustee
On filings since 2020
1 hr/week
$3K (2020) → $4K (2025)
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $4K, to Trustco Bank (Trustee).
Frequently asked questions about John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee
How much does John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee give each year?
John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee gave $35K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 13 grants.
What is John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee's typical grant size?
John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee's median grant in 2025 was $3,049, and its average grant was $2,917, across 12 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee that year got $3K on average.
Where does John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee give grants?
John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Albany, NY (10 grants).
Does John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee give general operating support?
Not in 2025: none of the 12 grants with a stated purpose on John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarhsip" (10 grants).
Who are John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee's largest grantees?
John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee's largest 2025 grantees include Michael Stanco ($3,050), Tessa Hilt ($3,050) and Vashisht Persaud ($3,050), according to its 2025 IRS Form 990-PF. It also paid 2 individual scholarships ($6,098), which are not listed by name. Together they received 26% of its itemized 2025 grant dollars.
How large is John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee?
John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee reported $558K in total assets on its 2025 IRS Form 990-PF. It paid out $35K in qualifying distributions that year, against a required minimum of $38K (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 does John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee fund?
No mission statement is provided. The 2025 filing describes scholarship awards and lists law-school attendance and Schenectady County residency as applicant restrictions. See mission & focus areas ↑
How do I apply for a grant from John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee's EIN?
John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee's EIN (Employer Identification Number) is 14-6111436. IRS Form 990 filing data is available on this page for 2020–2025.
Does John Alexander Memorial Scholarship FUND<SCHENECTADY Trust Co Trustee accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
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