Lillian Thompson Scholarship Fund Inc

NORWICH, NY EIN: 22-2451622

Lillian Thompson Scholarship Fund Inc is a private foundation, based in NORWICH, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $60K in total assets. In 2024, it awarded 3 grants totaling $3K. Net investment income was $4K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$60K

-0.2% YoY

Annual Giving

$3K

-27.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1K

-27.9% YoY

Under IRS private-foundation payout rules, Lillian Thompson Scholarship Fund Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Lillian Thompson Scholarship Fund Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $16K (89%)

Tennessee $2K (10%)

Pennsylvania $200 (1%)

States

New York Pennsylvania Tennessee

Cities

AlfredBinghamtonCobleskillCortlandDelhiDoylestownDrydenMorrisvilleNashvillePotsdamSyracuseUtica

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$59,670	$59,778	$61,635
Revenue	$4,367	$3,853	$2,995
Expenses	$4,468	$5,700	$5,449
Qualifying Distributions	$3,690	$5,010	$4,733
Net Investment Income	$3,592	$1,362	$1,121
Distributable Amount	$3,379	$3,224	$4,477

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 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 Vanderbilt University ($1,800), Morrisville College ($1,000), Broome Comm College ($425).

Recipient	Purpose	Amount
BROOME COMM COLLEGE BINGHAMTON, NY	SCHOLARSHIP	$425
VANDERBILT UNIVERSITY NASHVILLE, TN	SCHOLARSHIP	$1,800
MORRISVILLE COLLEGE MORRISVILLE, NY	SCHOLARSHIP	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MARJORIE R DAVIS	PRESIDENT	1	—
DAWN LAVIGNE	TREASURER	1	—
GAIL EVANS BURPEE	SECRETARY/TRUSTEE	1	—

Frequently Asked Questions

How large is Lillian Thompson Scholarship Fund Inc?

As of 2024, Lillian Thompson Scholarship Fund Inc holds $60K in total assets with $4K in annual revenue. It awarded 3 grants totaling $3K in 2024.

Where does Lillian Thompson Scholarship Fund Inc operate?

Lillian Thompson Scholarship Fund Inc has awarded grants in New York, Pennsylvania, Tennessee.

What size grants does Lillian Thompson Scholarship Fund Inc award?

In 2024, Lillian Thompson Scholarship Fund Inc awarded 3 grants totaling $3K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Lillian Thompson Scholarship Fund Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lillian Thompson Scholarship Fund Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lillian Thompson Scholarship Fund Inc's EIN?

Lillian Thompson Scholarship Fund Inc's EIN (Employer Identification Number) is 22-2451622. IRS Form 990 filing data is available on this page for 2020–2024.