John Alexander Memorial Scholarship

ALBANY, NY EIN: 14-6111436

John Alexander Memorial Scholarship is a private foundation, based in ALBANY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $547K in total assets. In 2024, it awarded 13 grants totaling $25K. Net investment income was $35K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$547K

+1.7% YoY

Annual Giving

$25K

-19.4% YoY

Grant Count

13

-35.0% YoY

Avg Grant Size

$2K

+24.1% YoY

Under IRS private-foundation payout rules, John Alexander Memorial Scholarship reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.

About John Alexander Memorial Scholarship

Based on IRS filings

John Alexander Memorial Scholarship is a private foundation, based in ALBANY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $547K in total assets. In 2024, it awarded 13 grants totaling $25K. Net investment income was $35K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AlbanyBrooklynIthaca

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14K$27K$41K$55K20202021202220232024
Metric202420232022
Total Assets$547,281$538,130$531,690
Revenue$39,295$41,481$36,594
Expenses$30,144$35,041$43,198
Qualifying Distributions$25,425$31,400$38,400
Net Investment Income$35,308$37,840$32,780
Distributable Amount$35,472$26,094$32,012

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$19K$29K$38K11 grants202013 grants202116 grants202220 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMBREEN ASLAM$2KKAYLA SEELEY$2KGIANCARLO A MERTZ$2KDELICIA THOMAS$2KCAITLIN MATTOS$2KTESSA HILT$2KDELIA SHEEHAN$2KSOPHIE NYE$2KMASON SANDERS$2KJENNIFER TEDISCO$2K

Grant Size Distribution

73 grants across all recorded years

73<$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 Ambreen Aslam ($2,004), Kayla Seeley ($2,004), Giancarlo a Mertz ($2,003).

RecipientPurposeAmount
GIANCARLO A MERTZ ALBANY, NYSCHOLARHSIP$2,003
DELICIA THOMAS ALBANY, NYSCHOLARHSIP$2,003
CAITLIN MATTOS ALBANY, NYSCHOLARHSIP$2,003
JUSTIN ARAGOSA ALBANY, NYSCHOLARHSIP$962
TESSA HILT ALBANY, NYSCHOLARHSIP$2,003
DELIA SHEEHAN ALBANY, NYSCHOLARHSIP$2,003
SOPHIE NYE ALBANY, NYSCHOLARHSIP$2,003
MASON SANDERS ALBANY, NYSCHOLARHSIP$2,003
JENNIFER TEDISCO ALBANY, NYSCHOLARHSIP$2,003
KYLE BEVERLY ALBANY, NYSCHOLARHSIP$2,003

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

TRUSTCO BANKTRUSTEE$4K

From 2024 filing

NameTitleHoursCompensation
TRUSTCO BANKTRUSTEE1$3,662

Frequently Asked Questions

How large is John Alexander Memorial Scholarship?

As of 2024, John Alexander Memorial Scholarship holds $547K in total assets with $39K in annual revenue. It awarded 13 grants totaling $25K in 2024.

Where does John Alexander Memorial Scholarship operate?

John Alexander Memorial Scholarship has awarded grants in New York.

What size grants does John Alexander Memorial Scholarship award?

In 2024, John Alexander Memorial Scholarship awarded 13 grants totaling $25K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is John Alexander Memorial Scholarship required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, John Alexander Memorial Scholarship reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is John Alexander Memorial Scholarship's EIN?

John Alexander Memorial Scholarship's EIN (Employer Identification Number) is 14-6111436. 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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