Mountjoy Family Memorial Sch Fund

Foundation · Grantmaker Jasper, IN EIN: 35-2243109

Mountjoy Family Memorial Sch Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Jasper, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 29 grants totaling $57K. Net investment income was $29K.

Key facts about Mountjoy Family Memorial Sch Fund

In short: Mountjoy Family Memorial Sch Fund gave $57K across 29 grants in 2025 (avg $2K), mostly in Indiana. Source: 2025 IRS Form 990-PF.

EIN
35-2243109
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$57,287
Grants made (2025)
29
Average grant
$1,975
Median grant
$1,750
Total assets
$1,525,540
Primary geography
Indiana (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.5M

-2.7% YoY

Annual Giving

$57K

+8.4% YoY

Grant Count

29

+2800.0% YoY

Avg Grant Size

$2K

-96.3% YoY

Under IRS private-foundation payout rules, Mountjoy Family Memorial Sch Fund reported a distributable amount of $88K for 2025 — the minimum it must pay out in qualifying distributions.

How Mountjoy Family Memorial Sch Fund gives

  • Giving held roughly steady from 2022 to 2025 (+13%). Method
  • In 2025 it paid out 65% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 29 itemized 2025 grant dollars.

Cities

MadisonDupontVevayHanoverJasperNorth VernonDeputyLexingtonMiltonNabbPlainfield

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K39 grants201928 grants202021 grants20211 grants20221 grants20231 grants202429 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Aleigh Wilson: $4KAleigh Wilson$4KNatalie Bye: $4KNatalie Bye$4KMaya Gordon: $4KMaya Gordon$4KBryce Miller: $3KBryce Miller$3KSaba Chabukashvili: $3KSaba Chabukashvili$3KTyler Ayler: $3KTyler Ayler$3KAlexandra Ibarra: $3KAlexandra Ibarra$3KAllie Riedel: $3KAllie Riedel$3KKelly McClure: $3KKelly McClure$3KStorm Poling: $2KStorm Poling$2K

Grant Size Distribution

53 grants across all recorded years

51<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
ALEIGH WILSON Madison, INSCHOLARSHIP$4,248
NATALIE BYE Madison, INSCHOLARSHIP$4,248
MAYA GORDON Madison, INSCHOLARSHIP$4,248
BRYCE MILLER Madison, INSCHOLARSHIP$2,853
SABA CHABUKASHVILI Madison, INSCHOLARSHIP$2,853
TYLER AYLER Madison, INSCHOLARSHIP$2,853
ALEXANDRA IBARRA Madison, INSCHOLARSHIP$2,500
ALLIE RIEDEL Madison, INSCHOLARSHIP$2,500
KELLY MCCLURE Madison, INSCHOLARSHIP$2,500
STORM POLING Madison, INSCHOLARSHIP$2,380

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2019202020212022202320242025
Metric202520242023
Total Assets$1,525,540$1,568,586$910,265
Revenue$46,791$729,595$113,987
Expenses$89,735$71,275$57,278
Qualifying Distributions$57,287$69,458$57,021
Net Investment Income$28,858$712,579$98,867
Distributable Amount$87,724$59,674$70,879

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 10, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  3. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Mountjoy Family Memorial Sch Fund's only listed officer is German American Bancorp, Trustee on every filing since 2022 (compensated).

Officers on the 2024 filing

  • German American Bancorp

    Trustee

    On filings since 2022

    1 hr/week

    $15K (2022) → $16K (2024)

Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

German American Bancorp — Trustee: $16KGerman American BancorpTrustee$16K

Frequently asked questions about Mountjoy Family Memorial Sch Fund

How much does Mountjoy Family Memorial Sch Fund give each year?

Mountjoy Family Memorial Sch Fund gave $57K across 29 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $53K across 1 grant.

What is Mountjoy Family Memorial Sch Fund's typical grant size?

Mountjoy Family Memorial Sch Fund's median grant in 2025 was $1,750, and its average grant was $1,975, across 29 grants on its 2025 IRS Form 990-PF.

Where does Mountjoy Family Memorial Sch Fund give grants?

Mountjoy Family Memorial Sch Fund gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Madison, IN (23 grants) and Lexington, IN (2 grants).

Does Mountjoy Family Memorial Sch Fund give general operating support?

Not in 2025: none of the 29 grants with a stated purpose on Mountjoy Family Memorial Sch Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (29 grants).

Who are Mountjoy Family Memorial Sch Fund's largest grantees?

Mountjoy Family Memorial Sch Fund's largest 2025 grantees include Aleigh Wilson ($4,248), Natalie Bye ($4,248) and Maya Gordon ($4,248), according to its 2025 IRS Form 990-PF. Together they received 22% of its itemized 2025 grant dollars.

How large is Mountjoy Family Memorial Sch Fund?

Mountjoy Family Memorial Sch Fund reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $57K in qualifying distributions that year, against a required minimum of $88K (roughly 5% of its investment assets).

What is Mountjoy Family Memorial Sch Fund?

Mountjoy Family Memorial Sch Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Jasper, IN. It holds $1.5M in total assets as of 2025.

What is Mountjoy Family Memorial Sch Fund's EIN?

Mountjoy Family Memorial Sch Fund's EIN (Employer Identification Number) is 35-2243109. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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