Joseph & Betty Prohaska Scholarship Foundation
Joseph & Betty Prohaska Scholarship Foundation is a private foundation, based in Medford, WI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $79K in total assets. In 2025, it awarded 8 grants totaling $15K. Net investment income was $4K.
Key facts about Joseph & Betty Prohaska Scholarship Foundation
In short: Joseph & Betty Prohaska Scholarship Foundation gave $15K across 8 grants in 2025 (avg $2K), mostly in Wisconsin. Source: 2025 IRS Form 990-PF.
- EIN
- 39-1712984
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $14,584
- Grants made (2025)
- 8
- Average grant
- $1,823
- Median grant
- $1,667
- Total assets
- $79,066
- Primary geography
- Wisconsin (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated October 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$79K
-12.5% YoY
Annual Giving
$15K
-2.8% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$2K
-2.8% YoY
Under IRS private-foundation payout rules, Joseph & Betty Prohaska Scholarship Foundation reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.
How Joseph & Betty Prohaska Scholarship Foundation gives
- In 2025 it paid out 349% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $14K (2021) to $23K (2023). In 2025 it made 8 grants totaling $15K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 35 grants of 35 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 8 individual scholarships Recipients not named | — | $14,584 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $79,066 | $90,402 | $102,103 |
| Revenue | $4,557 | $7,101 | $2,793 |
| Expenses | $15,770 | $18,833 | $35,317 |
| Qualifying Distributions | $14,847 | $17,914 | $22,690 |
| Net Investment Income | $3,756 | $5,582 | $2,592 |
| Distributable Amount | $4,257 | $4,732 | $6,101 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added 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 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 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 9, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Joseph & Betty Prohaska Scholarship Foundation's 2025 filing lists 4 officers; 1 of 4 officers listed in 2025 is compensated.
Officers on the 2025 filing
Nicolet Wealth Management
Trustee
On filings since 2022
1 hr/week
$2K (2022) → $1K (2025)
Joshua Prohaska
Selection Committee
Sel Committee → Selection Committee, 2022
On filings since 2020
No compensation reported
Paul Prohaska
Selection Committee
Sel Committee → Selection Committee, 2022
On filings since 2020
No compensation reported
Principal of Medford High School
Selection Committee
Sel Committee → Selection Committee, 2022
On filings since 2020
No compensation reported
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 $1K, to Nicolet Wealth Management (Trustee).
Frequently asked questions about Joseph & Betty Prohaska Scholarship Foundation
How much does Joseph & Betty Prohaska Scholarship Foundation give each year?
Joseph & Betty Prohaska Scholarship Foundation gave $15K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15K across 8 grants.
What is Joseph & Betty Prohaska Scholarship Foundation's typical grant size?
Joseph & Betty Prohaska Scholarship Foundation's median grant in 2025 was $1,667, and its average grant was $1,823, across 8 grants on its 2025 IRS Form 990-PF.
Where does Joseph & Betty Prohaska Scholarship Foundation give grants?
Joseph & Betty Prohaska Scholarship Foundation gives mostly in Wisconsin: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Joseph & Betty Prohaska Scholarship Foundation give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Joseph & Betty Prohaska Scholarship Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (8 grants).
How large is Joseph & Betty Prohaska Scholarship Foundation?
Joseph & Betty Prohaska Scholarship Foundation reported $79K in total assets on its 2025 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).
What is Joseph & Betty Prohaska Scholarship Foundation's EIN?
Joseph & Betty Prohaska Scholarship Foundation's EIN (Employer Identification Number) is 39-1712984. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
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