Litchfield Memorial Student Loan is a private foundation focused on Public, 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.
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 reported a distributable amount of $41K for 2025 — the minimum it must pay out in qualifying distributions.
About Litchfield Memorial Student Loan
Based on IRS filings
Litchfield Memorial Student Loan is a private foundation focused on Public, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Murray State University ($10,720), Hopkinsville Community College ($5,360), Campbellsville University ($5,360).
| Recipient | Purpose | Amount |
|---|---|---|
| HOPKINSVILLE COMMUNITY COLLEGE HOPKINSVILLE, KY | EDUCATION | $5,360 |
| MURRAY STATE UNIVERSITY MURRAY, KY | EDUCATION | $10,720 |
| UNIVERSITY OF KENTUCKY LEXINGTON, KY | EDUCATION | $2,680 |
| WESTERN KENTUCKY UNIVERSITY BOWLING GREEN, KY | EDUCATION | $2,680 |
| CAMPBELLSVILLE UNIVERSITY CAMPBELLSVILLE, KY | EDUCATION | $5,360 |
| WEST KY COMMUNITY & TECHNICAL COLLEGE HOPKINSVILLE, KY | EDUCATION | $2,680 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| OLD NATIONAL BANK | TRUST OFFICE | — | — |
| DEBBIE FULLER | CPA | — | — |
| H B QUINN | ATTORNEY | — | — |
| PAXTON REDD | PASTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Litchfield Memorial Student Loan?
Litchfield Memorial Student Loan is a private foundation focused on Public, Societal Benefit, based in EVANSVILLE, IN. It holds $636K in total assets as of 2025.
How large is Litchfield Memorial Student Loan?
As of 2025, Litchfield Memorial Student Loan holds $636K in total assets with $125K in annual revenue. It awarded 6 grants totaling $29K in 2025.
Where does Litchfield Memorial Student Loan operate?
Litchfield Memorial Student Loan has awarded grants in Kentucky, Tennessee.
What size grants does Litchfield Memorial Student Loan award?
In 2025, Litchfield Memorial Student Loan awarded 6 grants totaling $29K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Litchfield Memorial Student Loan required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Litchfield Memorial Student Loan reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Litchfield Memorial Student Loan's EIN?
Litchfield Memorial Student Loan's EIN (Employer Identification Number) is 35-6772670. IRS Form 990 filing data is available on this page for 2019–2025.
Explore Open Grants
Browse active grant opportunities in Litchfield Memorial Student Loan's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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