Mary Hope Henry Music Scholarship

Private foundation · Grantmaker Russellville, KY EIN: 61-6228563

Mary Hope Henry Music Scholarship is a private foundation, based in Russellville, KY. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $386K in total assets. In 2026, it awarded 1 grant totaling $15K. Net investment income was $40K.

Key facts about Mary Hope Henry Music Scholarship

In short: Mary Hope Henry Music Scholarship gave $15K across 1 grant in 2026 (avg $15K), mostly in Kentucky. Source: 2026 IRS Form 990-PF.

EIN
61-6228563
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$15,000
Grants made (2026)
1
Average grant
$15,000
Median grant
$15,000
Total assets
$386,003
Primary geography
Kentucky (100% of itemized 2026 grant dollars)

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

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$386K

+7.8% YoY

Annual Giving

$15K

+0.0% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$15K

+100.0% YoY

Under IRS private-foundation payout rules, Mary Hope Henry Music Scholarship reported a distributable amount of $27K for 2026 — the minimum it must pay out in qualifying distributions.

How Mary Hope Henry Music Scholarship gives

  • Giving fell 40% from 2023 to 2026. Method
  • In 2026 it paid out 56% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of the 2026 grant dollars on its one itemized grant.

Cities

AuburnAdairvilleBowling GreenGreenboroGreensboroMcKenzieRussellville

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K4 grants2020 5 grants2021 4 grants2022 3 grants2023 3 grants2024 2 grants2025 1 grant2026

From 2020 to 2026, annual grant giving ranged from $15K (2025) to $25K (2023). In 2026 it made 1 grant totaling $15K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2026

Karson Pitts: $15KKarson Pitts$15K

The largest 2026 recipient was Karson Pitts ($15K).

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 13 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Karson Pitts Auburn, KYMusic Education at Western Kentucky University$15,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$386,003$357,934$342,842
Revenue$43,069$31,039$18,195
Expenses$15,000$15,947$21,873
Qualifying Distributions$15,000$15,000$21,000
Net Investment Income$39,893$27,122$14,171
Distributable Amount$26,761$24,575$22,520

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS August 17, 2026)
  2. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Mary Hope Henry Music Scholarship's 2026 filing lists 6 officers; none of the 6 officers listed in 2026 report compensation.

Officers on the 2026 filing

  • James Milam

    Board Member

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Lovis Patterson

    Board Member

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Phillip West

    Board Member

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • April Triplett

    Board Member

    On filings since 2023

    0.2 hrs/week

    No compensation reported

  • Kyle Estes

    Superintendent

    On filings since 2025

    0.2 hrs/week

    No compensation reported

  • Shawnri Gamble

    Board Member

    On filings since 2025

    0.2 hrs/week

    No compensation reported

Former officers (4)
  • Former: Davonna Page (2020–2024) — Board Member
  • Former: Larry Joe Begley (2021–2024) — Superintendent
  • Former: Joe Sparks (2020–2023) — Board Member · Filing note: Thru 12/2031
  • Former: Bart Flener (2020) — Superintendent

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.

Frequently asked questions about Mary Hope Henry Music Scholarship

How much does Mary Hope Henry Music Scholarship give each year?

Mary Hope Henry Music Scholarship gave $15K across 1 grant in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $15K across 2 grants.

How large is Mary Hope Henry Music Scholarship?

Mary Hope Henry Music Scholarship reported $386K in total assets on its 2026 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $27K (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.

Where does Mary Hope Henry Music Scholarship operate?

Mary Hope Henry Music Scholarship has awarded grants in Kentucky, North Carolina, Tennessee.

What is Mary Hope Henry Music Scholarship's EIN?

Mary Hope Henry Music Scholarship's EIN (Employer Identification Number) is 61-6228563. 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.

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