Keasbey Mem SCHL
Keasbey Memorial Foundation is a private foundation established to provide scholarships for American college graduates pursuing post-graduate study in the United Kingdom. The foundation has operated for over seventy years, supporting intellectually gifted students across diverse fields of study including opera, medicine, research, economics, social work, and philosophy. The organization is located in Las Vegas, Nevada.
Key facts about Keasbey Mem SCHL
In short: Keasbey Mem SCHL gave $245K across 20 grants in 2024 (avg $12K), top state Texas. 6% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 23-6447014
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $245,286
- Grants made (2024)
- 20
- Average grant
- $12,264
- Median grant
- $6,000
- New grantees (estimate)
- 6% first-time grantees (1 of 16, 2024)
- Total assets
- $5,082,598
- Primary geography
- Texas (2% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Quick answers about Keasbey Mem SCHL
How much does Keasbey Mem SCHL give each year?
Keasbey Mem SCHL gave $245K across 20 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $248K across 21 grants.
What is Keasbey Mem SCHL's typical grant size?
Keasbey Mem SCHL's median grant in 2024 was $6,000, and its average grant was $12,264, across 20 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Keasbey Mem SCHL that year got $5K on average.
Does Keasbey Mem SCHL give general operating support?
Yes: 80% of Keasbey Mem SCHL's 2024 grants with a stated purpose (16 of 20) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Scholarship" (4 grants).
Who are Keasbey Mem SCHL's largest grantees?
Keasbey Mem SCHL's largest 2024 grantees include Churchhill College FBO Adithi Jayaraman ($61,651), Kings College Cambridge FBO Andrew ($57,860) and Gonville & Caius College FBO Owen ($13,439), according to its 2024 IRS Form 990-PF. Together they received 54% of its itemized 2024 grant dollars.
How large is Keasbey Mem SCHL?
Keasbey Mem SCHL reported $5.1M in total assets on its 2024 IRS Form 990-PF. It paid out $301K in qualifying distributions that year, against a required minimum of $318K (roughly 5% of its investment assets).
Is Keasbey Mem SCHL open to new grantees?
6%
first-time grantees, 2024
In 2024, 1 of 16 grantees (6%) were first-time recipients. First grants averaged $5K; repeat grants $6K. How we count
Medians: $5K first-time, $6K repeat.
- 75% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−18%). Method
- In 2024 it paid out 95% 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 (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Keasbey Mem SCHL
- How to evaluate Keasbey Mem SCHL as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1M
+8.0% YoY
Annual Giving
$245K
-1.1% YoY
Grant Count
20
-4.8% YoY
Avg Grant Size
$12K
+3.9% YoY
Under IRS private-foundation payout rules, Keasbey Mem SCHL reported a distributable amount of $318K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's core mission is to support American college graduates as they undertake advanced study in Britain, with the goal of fostering academic excellence and promoting better Anglo-American and global relations. Scholars are selected based on demonstrated academic excellence, active participation in extracurricular activities, leadership abilities, and the promise of personally and intellectually benefiting from one or two years of study in the United Kingdom.
The foundation was established by Miss Marguerite A. Keasbey in honor of her father and mother. Miss Keasbey was particularly interested in the quality of British education and established the foundation in the 1950s to provide scholarships for graduating American college students to pursue degrees in Britain and experience fully the life of the British college system and university.
Grantmaking
In 2023, the foundation made 21 grants. A documented grant of $6,000 was awarded to Trinity College for general scholarship funds in December 2023.
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Geographic Focus
Where this funder awards grants
The foundation supports study at established colleges and universities in the United Kingdom, including:
- Oxford University: Balliol, Hertford, New College, and University College
- Cambridge University: King's, Selwyn, and Trinity
- The University of Edinburgh
The foundation also provides bursaries to students at each of these institutions and played a role in creating the Keasbey Research Fellowship in American Studies, administered by Selwyn College, Cambridge.
Grant Distribution by State
Share of all 20 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2023:
- Total Assets: $4,704,464
- Total Revenues: $226,914
- Total Expenses: $372,745
- Investment Income and Dividends: $117,366
- Net Gain from Sale of Non-Inventory Assets: $103,747
- Miscellaneous Revenues: $5,801
- Number of Employees: 1
Revenue Growth: Total revenues increased 119.7% from 2022 ($103,306) to 2023 ($226,914), driven primarily by investment income growth of 14.3% and a significant increase in gains from asset sales (17,604.3% increase).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,082,598 | $4,704,464 | $4,850,652 |
| Revenue | $753,131 | $226,914 | $103,306 |
| Expenses | $373,309 | $372,745 | $383,383 |
| Qualifying Distributions | $300,819 | $309,978 | $304,799 |
| Net Investment Income | $683,845 | $158,218 | $36,948 |
| Distributable Amount | $317,919 | $292,455 | $302,899 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
102 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CHURCHHILL COLLEGE FBO ADITHI JAYARAMAN | SCHOLARSHIP | $61,651 |
| KINGS COLLEGE CAMBRIDGE FBO ANDREW | SCHOLARSHIP | $57,860 |
| GONVILLE & CAIUS COLLEGE FBO OWEN | SCHOLARSHIP | $13,439 |
| KING'S COLLEGE CAMBRIDGE FBO HAMZAH | SCHOLARSHIP | $12,336 |
| UNIVERSITY OF EDINBURGH | GENERAL SCHOLARSHIP FUNDS | $10,000 |
| SELWYN COLLEGE | GENERAL SCHOLARSHIP FUNDS | $10,000 |
| BALLIOL COLLEGE | GENERAL SCHOLARSHIP FUNDS | $10,000 |
| UNIVERSITY COLLEGE | GENERAL SCHOLARSHIP FUNDS | $6,000 |
| TRINITY COLLEGE | GENERAL SCHOLARSHIP FUNDS | $6,000 |
| KINGS COLLEGE | GENERAL SCHOLARSHIP FUNDS | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Keasbey Mem SCHL's 2024 filing lists 2 officers; all 2 officers listed in 2024 are compensated.
Officers on the 2024 filing
Jennifer M. Jones
Co-Trustee
On filings since 2020
8 hrs/week
$14K (2020) → $14K (2024)
Wells Fargo Bank N A
Trustee
New on the 2024 filing
1 hr/week
$82K (2024)
Former officers (2)
- Former: Jay H. Calvert Jr. (2020–2023) — Co-Trustee
- Former: Wells Fargo Bank NA (2020–2023) — Co Trustee
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
Recent News & Activity
Recent developments and announcements
The foundation continues to award scholarships to graduating seniors from eligible institutions. Recent recipients have included scholars from Haverford College and other nominating institutions who have been selected to pursue advanced study in the United Kingdom.
Trevor Stern '22 Awarded Keasbey ScholarshipFrequently Asked Questions
What does Keasbey Mem SCHL fund?
The foundation's core mission is to support American college graduates as they undertake advanced study in Britain, with the goal of fostering academic excellence and promoting better Anglo-American and global relations. Scholars are selected based on demonstrated academic excellence, active participation in extracurricular activities, leadership abilities, and the promise of personally and intellectually benefiting from one or two years of study in the United Kingdom. The foundation was establ…
How do I apply for a grant from Keasbey Mem SCHL?
**Grant Activity:** In 2023, the foundation made 21 grants. A documented grant of $6,000 was awarded to Trinity College for general scholarship funds in December 2023. **Eligibility Requirements:** • Applicants must be citizens of the United States • Must be members of the graduating class of their college or university • Must demonstrate academic excellence, active participation in extracurricular activities, and leadership abilities • Must enroll as a full-time student in the UK • May not hol…
Where does Keasbey Mem SCHL make grants?
The foundation supports study at established colleges and universities in the United Kingdom, including: • Oxford University: Balliol, Hertford, New College, and University College • Cambridge University: King's, Selwyn, and Trinity • The University of Edinburgh The foundation also provides bursaries to students at each of these institutions and played a role in creating the Keasbey Research Fellowship in American Studies, administered by Selwyn College, Cambridge.
What is Keasbey Mem SCHL's EIN?
Keasbey Mem SCHL's EIN (Employer Identification Number) is 23-6447014. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.