M Schriefer Scholarship Tr USI
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.
M Schriefer Scholarship Tr USI at a glance
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.
- Annual giving (2022)
- $52,610
- Grants made (2022)
- 1
- Average grant
- $52,610
- Median grant
- $52,610
- Total assets
- $961,634
- -4.7% vs 2021
- Primary geography
- Indiana (100% of itemized 2022 grant dollars)
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated October 2026.
Who M Schriefer Scholarship Tr USI funds
How this funder distributes its grants
Top Recipients
Top recipient in 2022
The largest 2022 recipient was University of Southern Indiana Foundold ($53K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $50–100K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2022 grant dollars on its one itemized grant.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2022 it made 1 grant totaling $53K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Southern Indiana Foundold Evansville, IN | Scholarship | $52,610 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2022 | $961,634 | $16,028 | $63,691 | $52,610 | 1 | $55,157 | $8,048 | $41,224 |
| 2021 | $1,008,819 | $1,011,927 | $2,629 | — | — | $623 | $9,922 | $16,992 |
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.
Leadership & Key People
Officers and directors from IRS filings
M Schriefer Scholarship Tr USI's only listed officer is Baird Trust Company, Trustee on every filing since 2021 (compensated).
Officers on the 2022 filing
Baird Trust Company
Trustee
On filings since 2021
1 hr/week
$2K (2021) → $9K (2022)
Data from IRS Form 990 filings, 2021–2022. "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
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 October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2022
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