Keasbey Mem SCHL logo

Keasbey Mem SCHL

Foundation · Grantmaker Saint Louis, MO EIN: 23-6447014 Website

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

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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

1state

Share of all 20 itemized 2024 grant dollars.

States

Cities

Houston

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).

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M20202021202220232024
Metric202420232022
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

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K19 grants202021 grants202121 grants202221 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Churchhill College FBO Adithi Jayaraman: $62KChurchhill College FBO AdithiJayaraman$62KKings College Cambridge FBO Andrew: $58KKings College Cambridge FBOAndrew$58KGonville & Caius College FBO Owen: $13KGonville & Caius College FBOOwen$13KKing's College Cambridge FBO Hamzah: $12KKing's College Cambridge FBOHamzah$12KUniversity of Edinburgh: $10KUniversity of Edinburgh$10KSelwyn College: $10KSelwyn College$10KBalliol College: $10KBalliol College$10KUniversity College: $6KUniversity College$6KTrinity College: $6KTrinity College$6KKings College: $6KKings College$6K

Grant Size Distribution

102 grants across all recorded years

98<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
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

Wells Fargo Bank N a — Trustee: $82KWells Fargo Bank N aTrustee$82KJennifer M Jones — Co-Trustee: $14KJennifer M JonesCo-Trustee$14K

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 Scholarship

Frequently 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.

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