Mary Louise Walburn Educational Tr Fund

EVANSVILLE, IN EIN: 27-6837996

Mary Louise Walburn Educational Tr Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $333K in total assets. In 2024, it awarded 1 grants totaling $8K. Net investment income was $23K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$333K

+3.0% YoY

Annual Giving

$8K

-44.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$8K

-44.4% YoY

Under IRS private-foundation payout rules, Mary Louise Walburn Educational Tr Fund reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.

About Mary Louise Walburn Educational Tr Fund

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $45K (100%)

States

Indiana

Cities

Muncie

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$333,316	$323,553	$307,945
Revenue	$24,230	$34,424	$11,639
Expenses	$14,460	$18,782	$12,941
Qualifying Distributions	$12,440	$17,963	$11,554
Net Investment Income	$22,762	$33,424	$10,835
Distributable Amount	$18,452	$16,081	$16,504

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Muncie Community Schools ($7,500).

Recipient	Purpose	Amount
MUNCIE COMMUNITY SCHOOLS MUNCIE, IN	SCHOLARSHIPS	$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
OLD NATIONAL WEALTH MANAGEMENT	TRUSTEE	1	$5,101

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mary Louise Walburn Educational Tr Fund?

Mary Louise Walburn Educational Tr Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. It holds $333K in total assets as of 2024.

How large is Mary Louise Walburn Educational Tr Fund?

As of 2024, Mary Louise Walburn Educational Tr Fund holds $333K in total assets with $24K in annual revenue. It awarded 1 grants totaling $8K in 2024.

Where does Mary Louise Walburn Educational Tr Fund operate?

Mary Louise Walburn Educational Tr Fund has awarded grants in Indiana.

What size grants does Mary Louise Walburn Educational Tr Fund award?

In 2024, Mary Louise Walburn Educational Tr Fund awarded 1 grants totaling $8K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Mary Louise Walburn Educational Tr Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mary Louise Walburn Educational Tr Fund reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mary Louise Walburn Educational Tr Fund's EIN?

Mary Louise Walburn Educational Tr Fund's EIN (Employer Identification Number) is 27-6837996. IRS Form 990 filing data is available on this page for 2019–2024.