Mary Hope Henry Music Scholarship
Mary Hope Henry Music Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUSSELLVILLE, KY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $358K in total assets. In 2025, it awarded 2 grants totaling $15K. Net investment income was $27K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$358K
+4.4% YoY
Annual Giving
$15K
-28.6% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$8K
+7.1% YoY
Under IRS private-foundation payout rules, Mary Hope Henry Music Scholarship reported a distributable amount of $25K for 2025 — the minimum it must pay out in qualifying distributions.
About Mary Hope Henry Music Scholarship
Based on IRS filings
Mary Hope Henry Music Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUSSELLVILLE, KY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $358K in total assets. In 2025, it awarded 2 grants totaling $15K. Net investment income was $27K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $357,934 | $342,842 | $346,520 |
| Revenue | $31,039 | $18,195 | $19,824 |
| Expenses | $15,947 | $21,873 | $25,819 |
| Qualifying Distributions | $15,000 | $21,000 | $24,900 |
| Net Investment Income | $27,122 | $14,171 | $16,059 |
| Distributable Amount | $24,575 | $22,520 | $22,153 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Rilee Boisseau ($10,000), Laura Mullen ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LAURA MULLEN ADAIRVILLE, KY | MUSIC EDUCATION AT MURRAY STATE UNIVERSITY | $5,000 |
| RILEE BOISSEAU RUSSELLVILLE, KY | MUSIC EDUCATION AT WESTERN KENTUCKY UNIVERSITY | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KYLE ESTES | SUPERINTENDENT | 0.2 | — |
| JAMES MILAM | BOARD MEMBER | 0.2 | — |
| APRIL TRIPLETT | BOARD MEMBER | 0.2 | — |
| SHAWNRI GAMBLE | BOARD MEMBER | 0.2 | — |
| LOVIS PATTERSON | BOARD MEMBER | 0.2 | — |
| PHILLIP WEST | BOARD MEMBER | 0.2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mary Hope Henry Music Scholarship?
Mary Hope Henry Music Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUSSELLVILLE, KY. It holds $358K in total assets as of 2025.
How large is Mary Hope Henry Music Scholarship?
As of 2025, Mary Hope Henry Music Scholarship holds $358K in total assets with $31K in annual revenue. It awarded 2 grants totaling $15K in 2025.
Where does Mary Hope Henry Music Scholarship operate?
Mary Hope Henry Music Scholarship has awarded grants in Kentucky, North Carolina, Tennessee.
What size grants does Mary Hope Henry Music Scholarship award?
In 2025, Mary Hope Henry Music Scholarship awarded 2 grants totaling $15K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Mary Hope Henry Music Scholarship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Mary Hope Henry Music Scholarship reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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