MGM Charitable Scholarship Tr

Foundation · Grantmaker Paducah, KY EIN: 61-6264013

MGM CHARITABLE SCHOLARSHIP TR is a private foundation based in Paducah, Kentucky. It provides educational scholarships for post-secondary study; its filing describes the scholarship program as serving students in McCracken County, Kentucky.

Key facts about MGM Charitable Scholarship Tr

In short: MGM Charitable Scholarship Tr gave $27K across 21 grants in 2025 (avg $1K), mostly in Kentucky. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
61-6264013
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$27,250
Grants made (2025)
21
Average grant
$1,298
Median grant
$1,000
New grantees (estimate)
0% first-time grantees (0 of 11, 2025)
Total assets
$463,196
Primary geography
Kentucky (89% of itemized 2025 grant dollars)
How to apply
The filing identifies MGM Charitable Foundation as the contact for applications. Full details ↓
Deadline
April; the specific deadline stated for the 2024–2025 academic-year cycle was April 24, 2024, which has passed.

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$463K

-8.5% YoY

Annual Giving

$27K

-25.9% YoY

Grant Count

21

-16.0% YoY

Avg Grant Size

$1K

-11.7% YoY

Under IRS private-foundation payout rules, MGM Charitable Scholarship Tr reported a distributable amount of $24K for 2025 — the minimum it must pay out in qualifying distributions.

Is MGM Charitable Scholarship Tr open to new grantees?

0%

first-time grantees, 2025

In 2025, 0 of 11 grantees (0%) were first-time recipients. How we count

  • 100% of 2025 grantees were also funded in 2024. Method
  • Giving fell 62% from 2022 to 2025. Method
  • In 2025 it paid out 235% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s 2023 filing says it provided educational scholarships to 22 students attending post-secondary educational institutions during that tax year. Its stated scholarship restriction is post-secondary education for students in McCracken County, Kentucky.

In 2025, the foundation’s grants included scholarships to students attending universities in Kentucky and other states, as well as a donation to McCracken County High School. Among the grantees whose missions are described in their own statements, Transylvania University says it prepares students for personal and public life through a liberal arts education, and the University of Mississippi says its mission is to acquire, construct, maintain, and improve facilities for university use.

Grantmaking

Review Cycle

** April; the specific deadline stated for the 2024–2025 academic-year cycle was April 24, 2024, which has passed.

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation’s filing says its scholarships are for post-secondary education for students in McCracken County, Kentucky. It states that the foundation is primarily interested in students seeking admission to institutions outside Kentucky, while in-state assistance is also considered. In 2025, 89% of grant dollars went to recipients in Kentucky, 6% to Mississippi, 4% to Utah, and 2% to Tennessee; percentages may not total 100% because of rounding.

Grant Distribution by State

11states

Share of all 21 itemized 2025 grant dollars.

Cities

MurrayLexingtonLouisvillePaducahBowling GreenEvanstonMemphisMississippi StateLoganUniversityJacksonAtlantaCampbellsvilleBaton RougeDentonFort WorthMontgomeryNashvilleNew HavenStanford

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K24 grants202022 grants202128 grants202225 grants202325 grants202421 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

McCracken County High School: $10KMcCracken County High School$10KMurray State University: $5K across 4 grantsMurray State University$5K · 4 grantsUniversity of Kentucky: $4K across 7 grantsUniversity of Kentucky$4K · 7 grantsTransylvania University: $2KTransylvania University$2KUniversity of Louisville: $2K across 2 grantsUniversity of Louisville$2K · 2 grantsUtah State University: $1KUtah State University$1KUniversity of Mississippi: $1KUniversity of Mississippi$1KWestern Kentucky University: $1KWestern Kentucky University$1KUniversity of Memphis: $500University of Memphis$500Mississippi State University: $500Mississippi State University$500

Grant Size Distribution

121 grants across all recorded years

121<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
MCCRACKEN COUNTY HIGH SCHOOL Paducah, KYDONATION TO MCCRACKEN CO HIGH SCHOOL$10,000
UNIVERSITY OF KENTUCKY Lexington, KYEDUCATIONAL SCHOLARSHIP FOR HILLARY HOLLOWELL$2,000
MURRAY STATE UNIVERSITY Murray, KYEDUCATIONAL SCHOLARSHIP FOR BRIAH COOK$2,000
TRANSYLVANIA UNIVERSITY Lexington, KYEDUCATIONAL SCHOLARSHIP FOR KATELYNN HUMPHRIES$2,000
UTAH STATE UNIVERSITY Logan, UTEDUCATIONAL SCHOLARSHIP FOR TYLEE HAWS$1,000
UNIVERSITY OF MISSISSIPPI University, MSEDUCATIONAL SCHOLARSHIP FOR ADDISON AYCOCK$1,000
MURRAY STATE UNIVERSITY Murray, KYEDUCATIONAL SCHOLARSHIP FOR MADELINE YATES$1,000
WESTERN KENTUCKY UNIVERSITY Bowling Green, KYEDUCATIONAL SCHOLARSHIP FOR CAROLINE WRIGHT$1,000
UNIVERSITY OF LOUISVILLE Louisville, KYEDUCATIONAL SCHOLARSHIP FOR MCKENZIE GUESS$1,000
MURRAY STATE UNIVERSITY Murray, KYEDUCATIONAL SCHOLARSHIP FOR ASHLEY SULLIVAN$1,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2025 $463,196 $13,278 $56,160 $27,250 21
2024 $506,078 $8,135 $65,148 $36,750 25
2023 $563,091 $8,410 $60,218 $36,896 25
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K202020212022202320242025
Metric202520242023
Total Assets$463,196$506,078$563,091
Revenue$13,278$8,135$8,410
Expenses$56,160$65,148$60,218
Qualifying Distributions$56,160$65,148$60,218
Net Investment Income$7,598$2,524$2,941
Distributable Amount$23,887$26,294$28,876

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 14, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 13, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 9, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 11, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 14, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Laxmaiah Manchikanti, MD, as donor/trustee, and Murali Manchikanti and Ram Manchikanti as trustees.

MGM Charitable Scholarship Tr's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Laxmaiah Manchikanti MD

    Donor & Trustee

    Donor & Trustee → Donor Trustee, 2021

    Donor Trustee → Donor & Trustee, 2025

    On filings since 2020

    No compensation reported

  • Murali Manchikanti

    Trustee

    On filings since 2020

    No compensation reported

  • Ram Manchikanti

    Trustee

    On filings since 2020

    No compensation reported

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.

Contact

Application contact: Mgm Charitable Foundation
Mailing address: 2831 Lone Oak Rd, Paducah, KY 42003
Phone: (270) 554-8373

Frequently asked questions about MGM Charitable Scholarship Tr

How much does MGM Charitable Scholarship Tr give each year?

MGM Charitable Scholarship Tr gave $27K across 21 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $37K across 25 grants.

What is MGM Charitable Scholarship Tr's typical grant size?

MGM Charitable Scholarship Tr's median grant in 2025 was $1,000, and its average grant was $1,298, across 21 grants on its 2025 IRS Form 990-PF.

Where does MGM Charitable Scholarship Tr give grants?

MGM Charitable Scholarship Tr gives mostly in Kentucky: 89% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Mississippi (6%). The most frequent recipient cities were Lexington, KY (8 grants), Murray, KY (4 grants) and Louisville, KY (2 grants).

Does MGM Charitable Scholarship Tr give general operating support?

Not in 2025: none of the 21 grants with a stated purpose on MGM Charitable Scholarship Tr's 2025 IRS Form 990-PF were described as general or operating support.

Who are MGM Charitable Scholarship Tr's largest grantees?

MGM Charitable Scholarship Tr's largest 2025 grantees include McCracken County High School ($10,000), Murray State University ($5,000 across 4 grants) and University of Kentucky ($4,250 across 7 grants), according to its 2025 IRS Form 990-PF. Together they received 71% of its itemized 2025 grant dollars.

How large is MGM Charitable Scholarship Tr?

MGM Charitable Scholarship Tr reported $463K in total assets on its 2025 IRS Form 990-PF. It paid out $56K in qualifying distributions that year, against a required minimum of $24K (roughly 5% of its investment assets).

What does MGM Charitable Scholarship Tr fund?

The foundation’s 2023 filing says it provided educational scholarships to 22 students attending post-secondary educational institutions during that tax year. Its stated scholarship restriction is post-secondary education for students in McCracken County, Kentucky. In 2025, the foundation’s grants included scholarships to students attending universities in Kentucky and other states, as well as a donation to McCracken County High School. Among the grantees whose missions are described in their ow…

How do I apply for a grant from MGM Charitable Scholarship Tr?

The filing identifies MGM Charitable Foundation as the contact for applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is MGM Charitable Scholarship Tr's EIN?

MGM Charitable Scholarship Tr's EIN (Employer Identification Number) is 61-6264013. 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. Research dossier generated September 2026.

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