Madonna Jamison Scholarship Trust
Madonna Jamison Scholarship Trust is a private foundation focused on Education, based in Smith Center, KS. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $63K in total assets. In 2026, it awarded 3 grants totaling $3K. Net investment income was $3K.
Madonna Jamison Scholarship Trust at a glance
In short: Madonna Jamison Scholarship Trust gave $3K across 3 grants in 2026 (avg $977.667), mostly in Kansas. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $2,933
- +4.1% vs 2025
- Grants made (2026)
- 3
- +50.0% vs 2025
- Average grant
- $978
- -30.6% vs 2025
- Median grant
- $978
- Total assets
- $62,957
- -1.3% vs 2025
- Primary geography
- Kansas (100% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Madonna Jamison Scholarship Trust funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2026
The largest 2026 recipient was Colby Community College ($978). Together the top 2 received $2K.
Organizations only. It also paid 1 individual scholarship ($978), which are not listed by name.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 3 itemized grants.
Cities
How Madonna Jamison Scholarship Trust gives
- Giving held roughly steady from 2023 to 2026 (−11%). Method
- In 2026 it paid out 96% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2026, annual grant giving ranged from $3K (2021) to $3K (2023). In 2026 it made 3 grants totaling $3K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $978 |
| Colby Community College Colby, KS | Scholarship for 1 Student. | $978 |
| Bethel College N Newton, KS | 1 Scholarship | $977 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2026 | $62,957 | $3,687 | $4,518 | $2,933 | 3 | $3,810 | $3,079 | $3,987 |
| 2025 | $63,788 | $7,582 | $3,814 | $2,817 | 2 | $3,424 | $7,226 | $3,540 |
| 2024 | $60,020 | $2,795 | $3,687 | $2,740 | 2 | $3,325 | $2,460 | $3,402 |
| 2023 | $60,912 | $-212 | $4,289 | $3,279 | 2 | $3,898 | $1,940 | $3,359 |
| 2022 | $65,414 | $1,066 | $4,123 | $3,008 | 3 | $3,619 | $1,654 | $3,890 |
| 2021 | $68,470 | $9,768 | $3,782 | $2,695 | 4 | — | $9,439 | $3,577 |
| 2020 | $62,484 | $9,747 | $3,660 | $2,708 | 3 | — | $9,426 | $3,261 |
Under IRS private-foundation payout rules, Madonna Jamison Scholarship Trust reported a distributable amount of $4K for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Madonna Jamison Scholarship Trust's only listed officer is The Peoples Bank, Trustee on every filing since 2020 (compensated).
Officers on the 2026 filing
The Peoples Bank
Trustee
On filings since 2020
0.1 hrs/week
$478 (2020) → $697 (2026)
Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $697, to The Peoples Bank (Trustee).
Frequently asked questions about Madonna Jamison Scholarship Trust
How much does Madonna Jamison Scholarship Trust give each year?
Madonna Jamison Scholarship Trust gave $3K across 3 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $3K across 2 grants.
What is Madonna Jamison Scholarship Trust's typical grant size?
Madonna Jamison Scholarship Trust's median grant in 2026 was $978, and its average grant was $978, across 3 grants on its 2026 IRS Form 990-PF.
Where does Madonna Jamison Scholarship Trust give grants?
Madonna Jamison Scholarship Trust gives mostly in Kansas: 100% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there.
Does Madonna Jamison Scholarship Trust give general operating support?
Not in 2026: none of the 3 grants with a stated purpose on Madonna Jamison Scholarship Trust's 2026 IRS Form 990-PF were described as general or operating support.
How large is Madonna Jamison Scholarship Trust?
Madonna Jamison Scholarship Trust reported $63K in total assets on its 2026 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $4K (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 Madonna Jamison Scholarship Trust?
Madonna Jamison Scholarship Trust is a private foundation focused on Education, based in Smith Center, KS. It holds $63K in total assets as of 2026.
What is Madonna Jamison Scholarship Trust's EIN?
Madonna Jamison Scholarship Trust's EIN (Employer Identification Number) is 48-6357898. IRS Form 990 filing data is available on this page for 2020–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2025 (received by the IRS July 16, 2025)
- Updated Form 990-PF for fiscal year 2026 (received by the IRS June 10, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 30, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 4, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2024)
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