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.
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
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 |
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
Among its reported 2024 grants, the largest include Churchhill College Fbo Adithi Jayaraman ($61,651), Kings College Cambridge Fbo Andrew ($57,860), Gonville & Caius College Fbo Owen ($13,439).
| Recipient | Purpose | Amount |
|---|---|---|
| WESTMINSTER SCHOOL | GENERAL SCHOLARSHIP FUNDS | $5,000 |
| UNIVERSITY COLLEGE | GENERAL SCHOLARSHIP FUNDS | $6,000 |
| UNIVERSITY OF EDINBURGH | GENERAL SCHOLARSHIP FUNDS | $10,000 |
| TRINITY COLLEGE | GENERAL SCHOLARSHIP FUNDS | $6,000 |
| KINGS COLLEGE | GENERAL SCHOLARSHIP FUNDS | $6,000 |
| ARNOLD FOUNDATION OF RUGBY SCHOOL | GENERAL SCHOLARSHIP FUNDS | $5,000 |
| CHURCHHILL COLLEGE FBO ADITHI JAYARAMAN | SCHOLARSHIP | $61,651 |
| OUNDLE SCHOOL | GENERAL SCHOLARSHIP FUNDS | $5,000 |
| NEW COLLEGE | GENERAL SCHOLARSHIP FUNDS | $6,000 |
| KING'S COLLEGE CAMBRIDGE FBO HAMZAH | SCHOLARSHIP | $12,336 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JENNIFER M JONES | CO-TRUSTEE | 8 | $14,126 |
| WELLS FARGO BANK N A | TRUSTEE | 1 | $81,965 |
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 size grants does Keasbey Mem Schl award?
In 2024, Keasbey Mem Schl awarded 20 grants totaling $245K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Keasbey Mem Schl required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Keasbey Mem Schl reported a distributable amount of $318K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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