Kate W Schultz Trust Xxx-xx-xxxx

Foundation · Grantmaker EVANSVILLE, IN EIN: 35-6024699

Kate W Schultz Trust Xxx-xx-xxxx is a private foundation focused on Education, based in EVANSVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $235K in total assets. In 2024, it awarded 5 grants totaling $9K. Net investment income was $18K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$235K

+0.7% YoY

Annual Giving

$9K

+0.0% YoY

Grant Count

-16.7% YoY

Avg Grant Size

$2K

+20.0% YoY

Under IRS private-foundation payout rules, Kate W Schultz Trust Xxx-xx-xxxx reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About Kate W Schultz Trust Xxx-xx-xxxx

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $44K (86%)

Kentucky $5K (10%)

Mississippi $2K (4%)

States

Indiana Kentucky Mississippi

Cities

AngolaBowling GreenEvansvilleMississippi StateMurrayNotre DameWest Lafayette

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$235,131	$233,486	$223,518
Revenue	$18,504	$25,562	$11,171
Expenses	$16,851	$15,575	$14,897
Qualifying Distributions	$15,563	$14,965	$13,737
Net Investment Income	$17,597	$24,830	$10,551
Distributable Amount	$13,333	$11,830	$12,281

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Purdue University ($4,000), University of Southern Indiana ($2,000), Trine University ($1,000).

Recipient	Purpose	Amount
TRINE UNIVERSITY ANGOLA, IN	SCHOLARSHIPS	$1,000
UNIVERSITY OF NOTRE DAME NOTRE DAME, IN	SCHOLARSHIPS	$1,000
UNIVERSITY OF SOUTHERN INDIANA EVANSVILLE, IN	SCHOLARSHIPS	$2,000
PURDUE UNIVERSITY WEST LAFAYETTE, IN	SCHOLARSHIPS	$4,000
MURRAY STATE UNIVERSITY MURRAY, KY	SCHOLARSHIPS	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
OLD NATIONAL WEALTH MANAGEMENT	TRUSTEE	1	$3,698

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Kate W Schultz Trust Xxx-xx-xxxx?

Kate W Schultz Trust Xxx-xx-xxxx is a private foundation focused on Education, based in EVANSVILLE, IN. It holds $235K in total assets as of 2024.

How large is Kate W Schultz Trust Xxx-xx-xxxx?

As of 2024, Kate W Schultz Trust Xxx-xx-xxxx holds $235K in total assets with $19K in annual revenue. It awarded 5 grants totaling $9K in 2024.

Where does Kate W Schultz Trust Xxx-xx-xxxx operate?

Kate W Schultz Trust Xxx-xx-xxxx has awarded grants in Indiana, Kentucky, Mississippi.

What size grants does Kate W Schultz Trust Xxx-xx-xxxx award?

In 2024, Kate W Schultz Trust Xxx-xx-xxxx awarded 5 grants totaling $9K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Kate W Schultz Trust Xxx-xx-xxxx required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kate W Schultz Trust Xxx-xx-xxxx reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Kate W Schultz Trust Xxx-xx-xxxx's EIN?

Kate W Schultz Trust Xxx-xx-xxxx's EIN (Employer Identification Number) is 35-6024699. IRS Form 990 filing data is available on this page for 2020–2024.