Keasbey Mem SCHL
Keasbey Memorial Foundation is a private foundation based in Saint Louis, Missouri. It supports scholarships for American college graduates pursuing full-time study in the United Kingdom, as well as bursaries paid to selected schools there.
Keasbey Mem SCHL at a glance
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.
- Annual giving (2024)
- $245,286
- -1.1% vs 2023
- Grants made (2024)
- 20
- -4.8% vs 2023
- Average grant
- $12,264
- +3.9% vs 2023
- Median grant
- $6,000
- Total assets
- $5,082,598
- +8.0% vs 2023
- New grantees (estimate)
- 6% first-time grantees (1 of 16, 2024; small sample)
- Primary geography
- Texas (2% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Keasbey Mem SCHL
- How to Apply
-
Students apply through a participating college or university, not directly to the foundation. Each year, six of the twelve participating institutions may nominate two candidates each. The trustees interview nominees, with interviews held in early December and awards announced by mid-December.
- Contact
Application contact: Angela P Garden
Mailing address: 1701 Market Street, Philadelphia, PA 19103
Phone: (800) 352-3705
Email: jemjones@rci.rutgers.edu.
Website: https://keasbeyfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Keasbey Mem SCHL funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Kings College Cambridge FBO Andrew ($58K). Together the top 10 received $138K.
Organizations only. It also paid 1 individual scholarship ($61,651), which are not listed by name.
Grant Size Distribution
102 grants across all recorded years
The most common grant size was under $50K: 98 grants of 102 (96%).
Geographic Focus
Where this funder awards grants
The foundation selects American students from twelve East Coast colleges and universities on a rotating schedule. The eligible institutions are Amherst, Bowdoin, Brown, Cornell, Dartmouth, Harvard, Haverford, Middlebury, Princeton, Swarthmore, Wesleyan, and Yale. Study is in the UK, including at the foundation’s affiliated institutions in Oxford, Cambridge, and Edinburgh.
Grant Distribution by State
Share of 2024 grant dollars across all 20 itemized grants.
States
Cities
Is Keasbey Mem SCHL open to new grantees?
6%
first-time grantees, 2024
In 2024, 1 of 16 grantees (6%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $5K; repeat grants $6K. How we count
Medians: $5K first-time, $6K repeat.
- 81% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $241K (2022) to $300K (2021). In 2024 it made 20 grants totaling $245K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $5,082,598 | $753,131 | $373,309 | $245,286 | 20 | $300,819 | $683,845 | $317,919 |
| 2023 | $4,704,464 | $226,914 | $372,745 | $247,950 | 21 | $309,978 | $158,218 | $292,455 |
| 2022 | $4,850,652 | $103,306 | $383,383 | $241,474 | 21 | $304,799 | $36,948 | $302,899 |
| 2021 | $5,134,450 | $586,414 | $452,395 | $299,745 | 21 | $358,587 | $492,475 | $367,582 |
| 2020 | $4,993,880 | $180,518 | $378,544 | $242,361 | 19 | — | $105,352 | $321,970 |
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 September 2026.
Mission & Focus Areas
The foundation’s stated purpose is to help American students pursue degrees in Britain and experience the British college and university system. It describes its broader aim as supporting academic excellence and fostering better Anglo-American and global relations.
Its awards include scholarships for American students and bursaries paid to preselected UK schools. The foundation has established ties with Balliol, Hertford, New College, and University College at Oxford; King’s, Selwyn, and Trinity at Cambridge; and the University of Edinburgh. It also played a role in creating the Keasbey Research Fellowship in American Studies, administered by Selwyn College.
Grantmaking
In filing year 2024, the foundation reported 20 grants totaling $245,286. Grant amounts ranged from $5,000 to $61,651, with a median of $6,000. The largest awards included $61,651 to Churchill College for a scholarship, $57,860 to King’s College Cambridge for a scholarship, and $13,439 to Gonville & Caius College for a scholarship. It also awarded $10,000 each to the University of Edinburgh, Selwyn College, and Balliol College for general scholarship funds.
Applicants must be U.S. citizens in their college or university’s graduating class, demonstrate academic excellence, extracurricular involvement, and leadership, and enroll full time in the UK. A Keasbey Scholar may not hold another scholarship or a home-college fellowship grant for foreign study, and the award may not be deferred or interrupted.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Jennifer M. Jones as co-trustee and Wells Fargo Bank N.A. as trustee. The foundation’s website also identifies Eric Kraeutler as a trustee and Angela P. Garden as executive secretary.
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
The highest reported compensation on the 2024 filing was $82K, to Wells Fargo Bank N a (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions 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 Kings College Cambridge FBO Andrew ($57,860), Gonville & Caius College FBO Owen ($13,439) and King's College Cambridge FBO Hamzah ($12,336), according to its 2024 IRS Form 990-PF. It also paid 1 individual scholarship ($61,651), which are not listed by name. Together they received 34% 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). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Keasbey Mem SCHL fund?
The foundation’s stated purpose is to help American students pursue degrees in Britain and experience the British college and university system. It describes its broader aim as supporting academic excellence and fostering better Anglo-American and global relations. See mission & focus areas ↑
How do I apply for a grant from Keasbey Mem SCHL?
Students apply through a participating college or university, not directly to the foundation. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Keasbey Mem SCHL make grants?
The foundation selects American students from twelve East Coast colleges and universities on a rotating schedule. The eligible institutions are Amherst, Bowdoin, Brown, Cornell, Dartmouth, Harvard, Haverford, Middlebury, Princeton, Swarthmore, Wesleyan, and Yale. Study is in the UK, including at the foundation’s affiliated institutions in Oxford, Cambridge, and Edinburgh.
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.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Figures come from Keasbey Mem SCHL's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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