Litchfield Memorial Student Loan Fund Inc

Private foundation · Grantmaker Evansville, IN EIN: 35-6772670

Litchfield Memorial Student Loan Fund Inc is a private foundation focused on public and societal benefit, based in Evansville, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $636K in total assets. In 2025, it awarded 6 grants totaling $29K. Net investment income was $17K.

Key facts about Litchfield Memorial Student Loan Fund Inc

In short: Litchfield Memorial Student Loan Fund Inc gave $29K across 6 grants in 2025 (avg $5K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

EIN
35-6772670
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$29,480
Grants made (2025)
6
Average grant
$4,913
Median grant
$4,020
Total assets
$636,442
Primary geography
Kentucky (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$636K

-5.2% YoY

Annual Giving

$29K

-31.6% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$5K

-31.6% YoY

Under IRS private-foundation payout rules, Litchfield Memorial Student Loan Fund Inc reported a distributable amount of $41K for 2025 — the minimum it must pay out in qualifying distributions.

How Litchfield Memorial Student Loan Fund Inc gives

  • Giving held roughly steady from 2022 to 2025 (−18%). Method
  • In 2025 it paid out 73% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

HopkinsvilleBowling GreenLexingtonMurrayLouisvilleCampbellsvilleGeorgetownHendersonLousivilleMadisonvilleMidwayOwensboroRichmondWilmore

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K12 grants2019 5 grants2021 6 grants2022 5 grants2023 6 grants2024 6 grants2025

From 2019 to 2025, annual grant giving ranged from $29K (2025) to $60K (2023). In 2025 it made 6 grants totaling $29K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Murray State University: $11KMurray State University$11KHopkinsville Community College: $5KHopkinsville Community College$5KCampbellsville University: $5KCampbellsville University$5KUniversity of Kentucky: $3KUniversity of Kentucky$3KWestern Kentucky University: $3KWestern Kentucky University$3KWest KY Community & Technical College: $3KWest KY Community & TechnicalCollege$3K

The largest 2025 recipient was Murray State University ($11K). Together the top 6 received $29K.

Grant Size Distribution

28 grants across all recorded years

28<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 28 grants of 28 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Murray State University Murray, KYEducation$10,720
Hopkinsville Community College Hopkinsville, KYEducation$5,360
Campbellsville University Campbellsville, KYEducation$5,360
University of Kentucky Lexington, KYEducation$2,680
Western Kentucky University Bowling Green, KYEducation$2,680
West KY Community & Technical College Hopkinsville, KYEducation$2,680

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2019 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$636,442$671,046$702,349
Revenue$125,061$17,293$81,916
Expenses$42,069$55,125$71,056
Qualifying Distributions$29,480$43,075$60,000
Net Investment Income$17,229$15,238$80,131
Distributable Amount$40,629$39,956$37,529

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS December 12, 2019)
  2. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Litchfield Memorial Student Loan Fund Inc's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Debbie Fuller

    CPA

    On filings since 2019

    No compensation reported

  • H. B. Quinn

    Attorney

    On filings since 2019

    No compensation reported

  • OLD National Bank

    Trust Officer

    On filings since 2019

    No compensation reported

  • Paxton Redd

    Pastor

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Litchfield Memorial Student Loan Fund Inc

How much does Litchfield Memorial Student Loan Fund Inc give each year?

Litchfield Memorial Student Loan Fund Inc gave $29K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $43K across 6 grants.

What is Litchfield Memorial Student Loan Fund Inc's typical grant size?

Litchfield Memorial Student Loan Fund Inc's median grant in 2025 was $4,020, and its average grant was $4,913, across 6 grants on its 2025 IRS Form 990-PF.

Where does Litchfield Memorial Student Loan Fund Inc give grants?

Litchfield Memorial Student Loan Fund Inc gives mostly in Kentucky: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Hopkinsville, KY (2 grants).

Does Litchfield Memorial Student Loan Fund Inc give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Litchfield Memorial Student Loan Fund Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (6 grants).

Who are Litchfield Memorial Student Loan Fund Inc's largest grantees?

Litchfield Memorial Student Loan Fund Inc's largest 2025 grantees include Murray State University ($10,720), Hopkinsville Community College ($5,360) and Campbellsville University ($5,360), according to its 2025 IRS Form 990-PF. Together they received 73% of its itemized 2025 grant dollars.

How large is Litchfield Memorial Student Loan Fund Inc?

Litchfield Memorial Student Loan Fund Inc reported $636K in total assets on its 2025 IRS Form 990-PF. It paid out $29K in qualifying distributions that year, against a required minimum of $41K (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 is Litchfield Memorial Student Loan Fund Inc?

Litchfield Memorial Student Loan Fund Inc is a private foundation focused on public and societal benefit, based in Evansville, IN. It holds $636K in total assets as of 2025.

What is Litchfield Memorial Student Loan Fund Inc's EIN?

Litchfield Memorial Student Loan Fund Inc's EIN (Employer Identification Number) is 35-6772670. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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