Martin Jacob Scholarship Trust

COVINGTON, IN EIN: 46-3678854

Martin Jacob Scholarship Trust is a private foundation focused on Education, based in COVINGTON, IN. IRS filing data is available from 2020 through 2024. In 2024, it made $6K in qualifying distributions. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Revenue

$3K

-76.0% YoY

Qualifying Distributions

$6K

-86.3% YoY

Expenses

$13K

-74.1% YoY

Under IRS private-foundation payout rules, Martin Jacob Scholarship Trust reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

About Martin Jacob Scholarship Trust

Based on IRS filings

Martin Jacob Scholarship Trust is a private foundation focused on Education, based in COVINGTON, IN. IRS filing data is available from 2020 through 2024. In 2024, it made $6K in qualifying distributions. Net investment income was $3K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BloomingtonCovingtonCrawfordsvilleDanvilleEvansvilleHuntingtonIndianapolisKokomoLafayetteLouisvilleTerre HauteWest Lafayette

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16K$32K$49K$65K20202021202220232024
Metric202420232022
Total Assets$503,848$534,477
Revenue$3,328$13,854$13,270
Expenses$13,009$50,180$58,827
Qualifying Distributions$6,043$44,111$52,290
Net Investment Income$3,328$19,552$6,843
Distributable Amount$23,762$43,673$45,755

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$23K$34K$45K1 grants202014 grants202115 grants202213 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

43 grants across all recorded years

43<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Martin Jacob Scholarship Trust?

Martin Jacob Scholarship Trust is a private foundation focused on Education, based in COVINGTON, IN. It holds — in total assets as of 2024.

Where does Martin Jacob Scholarship Trust operate?

Martin Jacob Scholarship Trust has awarded grants in Illinois, Indiana, Kentucky.

How much is Martin Jacob Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Martin Jacob Scholarship Trust reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Martin Jacob Scholarship Trust's EIN?

Martin Jacob Scholarship Trust's EIN (Employer Identification Number) is 46-3678854. 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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