Mary L Furscott Charitable Foundation

Private foundation · Grantmaker Indianapolis, IN EIN: 45-1290337

Mary L Furscott Charitable Foundation is a private foundation, based in Indianapolis, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $593K in total assets. In 2025, it awarded 2 grants totaling $13K. Net investment income was $8K.

Mary L Furscott Charitable Foundation at a glance

In short: Mary L Furscott Charitable Foundation gave $13K across 2 grants in 2025 (avg $6K), mostly in Indiana. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$12,500
+0.0% vs 2024
Grants made (2025)
2
+0.0% vs 2024
Average grant
$6,250
+0.0% vs 2024
Median grant
$6,250
Total assets
$593,274
+14.2% vs 2024
Primary geography
Indiana (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Mary L Furscott Charitable Foundation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Center for the Performing Arts: $8KCenter for the Performing Arts$8KShepherd Community Center: $5KShepherd Community Center$5K

The largest 2025 recipient was Center for the Performing Arts ($8K). Together the top 2 received $13K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

IndianapolisCarmelChicagoDallas

How Mary L Furscott Charitable Foundation gives

  • Giving fell 26% from 2022 to 2025. Method
  • In 2025 it paid out 47% 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

$0$5K$10K$15K$20K0 grants2020 2 grants2021 3 grants2022 1 grant2023 2 grants2024 2 grants2025

From 2021 to 2025, annual grant giving ranged from $5K (2023) to $17K (2022). In 2025 it made 2 grants totaling $13K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Center for the Performing Arts Carmel, INProviding educational andenriching arts experiencesto the Indiana community$7,500
Shepherd Community Center Indianapolis, INCommunity service to residentsof near eastside Indianapolis(food security, mentoring, education, & advocacy).$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$593,274$2,070$16,270$12,5002$12,500$8,410$26,705
2024$519,640$6,344$15,948$12,5002$12,500$7,743$24,146
2023$455,504$10,276$7,983$5,0001$5,000$7,293$20,840
2022$402,960$10,028$19,654$17,0003$17,000$7,374$20,693
2021$453,778$21,752$13,240$11,8002$12,000$20,512$22,979
2020$431,960$7,138$12,071————$20,453

Under IRS private-foundation payout rules, Mary L Furscott Charitable Foundation reported a distributable amount of $27K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Mary L Furscott Charitable Foundation is led by Alan M Hux, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Alan M Hux

    Trustee

    On filings since 2020

    3 hrs/week

    $7K (2020) → $0 (2025)

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

No officer or director reported compensation in the available filings.

Frequently asked questions about Mary L Furscott Charitable Foundation

How much does Mary L Furscott Charitable Foundation give each year?

Mary L Furscott Charitable Foundation gave $13K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $13K across 2 grants.

How large is Mary L Furscott Charitable Foundation?

Mary L Furscott Charitable Foundation reported $593K in total assets on its 2025 IRS Form 990-PF. It paid out $13K 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 L Furscott Charitable Foundation operate?

Mary L Furscott Charitable Foundation has awarded grants in Illinois, Indiana, Texas.

What is Mary L Furscott Charitable Foundation's EIN?

Mary L Furscott Charitable Foundation's EIN (Employer Identification Number) is 45-1290337. IRS Form 990 filing data is available on this page for 2020–2025.

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

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Mary L Furscott Charitable Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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