Louise J Jones Scholarship Trust 5291
Louise J Jones Scholarship Trust 5291 is a private foundation, based in CANTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $138K in total assets. In 2024, it awarded 5 grants totaling $13K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$138K
-4.2% YoY
Annual Giving
$13K
-16.7% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$3K
+0.0% YoY
Under IRS private-foundation payout rules, Louise J Jones Scholarship Trust 5291 reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
About Louise J Jones Scholarship Trust 5291
Based on IRS filings
Louise J Jones Scholarship Trust 5291 is a private foundation, based in CANTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $138K in total assets. In 2024, it awarded 5 grants totaling $13K. Net investment income was $7K.
Ready to take the next step with Louise J Jones Scholarship Trust 5291?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $137,995 | $143,978 | $155,221 |
| Revenue | $9,504 | $6,358 | $5,445 |
| Expenses | $15,453 | $17,606 | $15,413 |
| Qualifying Distributions | $12,500 | $15,000 | $12,875 |
| Net Investment Income | $6,601 | $4,979 | $4,014 |
| Distributable Amount | $12,756 | $11,988 | $14,669 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bailey Abbott ($2,500), Shengyan Jia ($2,500), Natalie Spiva ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Bailey Abbott Canton, IL | SCHOLARSHIP FOR CANTON HIGH | $2,500 |
| Shengyan Jia Canton, IL | SCHOLARSHIP FOR CANTON HIGH | $2,500 |
| Natalie Spiva Canton, IL | SCHOLARSHIP FOR CANTON HIGH | $2,500 |
| Abby Stevens Canton, IL | SCHOLARSHIP FOR CANTON HIGH | $2,500 |
| Tyler Tucker Canton, IL | SCHOLARSHIP FOR CANTON HIGH | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MidAmerica National Bank | Trustee | 1 | $2,588 |
Frequently Asked Questions
How large is Louise J Jones Scholarship Trust 5291?
As of 2024, Louise J Jones Scholarship Trust 5291 holds $138K in total assets with $10K in annual revenue. It awarded 5 grants totaling $13K in 2024.
Where does Louise J Jones Scholarship Trust 5291 operate?
Louise J Jones Scholarship Trust 5291 has awarded grants in Illinois.
What size grants does Louise J Jones Scholarship Trust 5291 award?
In 2024, Louise J Jones Scholarship Trust 5291 awarded 5 grants totaling $13K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Louise J Jones Scholarship Trust 5291 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Louise J Jones Scholarship Trust 5291 reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Louise J Jones Scholarship Trust 5291's EIN?
Louise J Jones Scholarship Trust 5291's EIN (Employer Identification Number) is 37-6267157. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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