Mcclain Scholarship Trust
The Pauline Linebarger McClain and Riley McClain Scholarship Trust is a private foundation (501(c)(3)) located in Paris, Illinois. Established in 1984, the trust administers scholarships for students, with a focus on educational support through direct financial aid.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
+0.4% YoY
Annual Giving
$108K
-33.1% YoY
Grant Count
32
-11.1% YoY
Avg Grant Size
$3K
-24.8% YoY
Mission & Focus Areas
The trust's primary purpose is to administer scholarships. The foundation focuses on:
- Education — Scholarships & Student Financial Aid
- Scholarship Administration — The trust administers 35 scholarships, with returned funds added to the distributable amount for the following year
Grantmaking
The trust primarily funds students in Illinois, Indiana, and Virginia.
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Geographic Focus
Where this funder awards grants
Primary funding regions include Illinois, Indiana, and Virginia.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of FY 2023:
- Total assets: $2,386,456
- Total revenues: $139,294
- Total expenses: $189,062
- Investment income and dividends: $72,582
- Net gain from sale of non-inventory assets: $64,595
As of FY 2024:
- Total assets: $2,397,187
- Total giving: $107,743
Staffing: The trust operates with 0 employees.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,397,187 | $2,386,456 | $2,436,224 |
| Revenue | $147,384 | $139,294 | $169,344 |
| Expenses | $136,653 | $189,062 | $180,003 |
| Qualifying Distributions | $121,824 | $174,910 | $161,114 |
| Net Investment Income | $123,326 | $125,473 | $134,631 |
| Distributable Amount | $138,197 | $123,142 | $180,780 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
167 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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