Nannette and Walter a Ramsey Scholarshi is a private foundation focused on Education, based in SHELBYVILLE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 18 grants totaling $90K. Net investment income was $73K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
-1.2% YoY
Annual Giving
$90K
+90.7% YoY
Grant Count
18
+63.6% YoY
Avg Grant Size
$5K
+16.5% YoY
Under IRS private-foundation payout rules, Nannette and Walter a Ramsey Scholarshi reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.
About Nannette and Walter a Ramsey Scholarshi
Based on IRS filings
Nannette and Walter a Ramsey Scholarshi is a private foundation focused on Education, based in SHELBYVILLE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 18 grants totaling $90K. Net investment income was $73K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,185,925 | $2,211,896 | $2,317,889 |
| Revenue | $104,166 | $-21,846 | $-77,934 |
| Expenses | $130,137 | $99,223 | $161,734 |
| Qualifying Distributions | $98,483 | $55,431 | $133,681 |
| Net Investment Income | $72,962 | $32,399 | $37,110 |
| Distributable Amount | $111,698 | $106,534 | $108,748 |
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
66 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Emma J Houska ($5,000), Jacob a Daniels ($5,000), Jessica S Rauch ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EMMA J HOUSKA SHELBYVILLE, IL | SCHOLARSHIP | $5,000 |
| JACOB A DANIELS ASSUMPTION, IL | SCHOLARSHIP | $5,000 |
| JESSICA S RAUCH WINDSOR, IL | SCHOLARSHIP | $5,000 |
| KIERSTEN WHEELER WINDSOR, IL | SCHOLARSHIP | $5,000 |
| PEYTON DANIELS MOWEAQUA, IL | SCHOLARSHIP | $5,000 |
| EMILY DUCKETT DECATUR, IL | SCHOLARSHIP | $5,000 |
| RYANN WOOD WILMINGTON, NC | SCHOLARSHIP | $5,000 |
| KARLIE STAUDER NORMAL, IL | SCHOLARSHIP | $5,000 |
| MADISON ROBERTS CHARLESTON, IL | SCHOLARSHIP | $5,000 |
| HOLLIE RICHARDSON EDWARDSVILLE, IL | SCHOLARSHIP | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHELBY COUNTY STATE BANK | TRUSTEE | 1 | $12,673 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nannette and Walter a Ramsey Scholarshi?
Nannette and Walter a Ramsey Scholarshi is a private foundation focused on Education, based in SHELBYVILLE, IL. It holds $2.2M in total assets as of 2024.
How large is Nannette and Walter a Ramsey Scholarshi?
As of 2024, Nannette and Walter a Ramsey Scholarshi holds $2.2M in total assets with $104K in annual revenue. It awarded 18 grants totaling $90K in 2024.
Where does Nannette and Walter a Ramsey Scholarshi operate?
Nannette and Walter a Ramsey Scholarshi has awarded grants in Alabama, Illinois, Indiana, North Carolina.
What size grants does Nannette and Walter a Ramsey Scholarshi award?
In 2024, Nannette and Walter a Ramsey Scholarshi awarded 18 grants totaling $90K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Nannette and Walter a Ramsey Scholarshi required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nannette and Walter a Ramsey Scholarshi reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nannette and Walter a Ramsey Scholarshi's EIN?
Nannette and Walter a Ramsey Scholarshi's EIN (Employer Identification Number) is 83-3345333. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Nannette and Walter a Ramsey Scholarshi's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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