M Schriefer Scholarship Tr USI

Private foundation · Grantmaker Louisville, KY EIN: 87-6610703

M Schriefer Scholarship Tr USI is a private foundation, based in Louisville, KY. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $962K in total assets. In 2022, it awarded 1 grant totaling $53K. Net investment income was $8K.

Key facts about M Schriefer Scholarship Tr USI

In short: M Schriefer Scholarship Tr USI gave $53K across 1 grant in 2022 (avg $53K), mostly in Indiana. Source: 2022 IRS Form 990-PF.

EIN
87-6610703
Latest 990 filing
Form 990-PF, 2022
Annual giving (2022)
$52,610
Grants made (2022)
1
Average grant
$52,610
Median grant
$52,610
Total assets
$961,634
Primary geography
Indiana (100% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$962K

-4.7% YoY

Annual Giving

$53K

Grant Count

1

Avg Grant Size

$53K

Under IRS private-foundation payout rules, M Schriefer Scholarship Tr USI reported a distributable amount of $41K for 2022 — the minimum it must pay out in qualifying distributions.

How M Schriefer Scholarship Tr USI gives

  • In 2022 it paid out 134% of its IRS minimum distribution (the 5% rule). 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

1state

Share of the 2022 grant dollars on its one itemized grant.

States

Cities

Evansville

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2021 1 grant2022

In 2022 it made 1 grant totaling $53K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2022

University of Southern Indiana Foundold: $53KUniversity of Southern IndianaFoundold$53K

The largest 2022 recipient was University of Southern Indiana Foundold ($53K).

Grant Size Distribution

1 grants across all recorded years

<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Southern Indiana Foundold Evansville, INScholarship$52,610

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2021 2022
Metric20222021
Total Assets$961,634$1,008,819
Revenue$16,028$1,011,927
Expenses$63,691$2,629
Qualifying Distributions$55,157$623
Net Investment Income$8,048$9,922
Distributable Amount$41,224$16,992

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2022

Leadership & Key People

Officers and directors from IRS filings

M Schriefer Scholarship Tr USI's only listed officer is Baird Trust Company, Trustee on the 2022 filing (compensated).

Officers on the 2022 filing

  • Baird Trust Company

    Trustee

    New on the 2022 filing

    1 hr/week

    $9K (2022)

Data from IRS Form 990 filings, 2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

Baird Trust Company — Trustee: $9KBaird Trust CompanyTrustee$9K

The highest reported compensation on the 2022 filing was $9K, to Baird Trust Company (Trustee).

Frequently asked questions about M Schriefer Scholarship Tr USI

How much does M Schriefer Scholarship Tr USI give each year?

M Schriefer Scholarship Tr USI gave $53K across 1 grant in 2022, according to its 2022 IRS Form 990-PF.

How large is M Schriefer Scholarship Tr USI?

M Schriefer Scholarship Tr USI reported $962K in total assets on its 2022 IRS Form 990-PF. It paid out $55K in qualifying distributions that year, against a required minimum of $41K (roughly 5% of its investment assets).

Where does M Schriefer Scholarship Tr USI operate?

M Schriefer Scholarship Tr USI has awarded grants in Indiana.

What is M Schriefer Scholarship Tr USI's EIN?

M Schriefer Scholarship Tr USI's EIN (Employer Identification Number) is 87-6610703. IRS Form 990 filing data is available on this page for 2021–2022.

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

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