Nannette and Walter a Ramsey Scholarshi

Foundation · Grantmaker SHELBYVILLE, IL EIN: 83-3345333

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

4states

Cities

AssumptionChampaignCharlestonCowdenDecaturEdwardsvilleEffinghamEvansvilleFindlayGaysGreenvilleHerrickHuntsvilleLakewoodModeMoweaquaNormalShelbyvilleStewardsonWheaton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$702K$1M$2M$3M20202021202220232024
Metric202420232022
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

$0$31K$63K$94K$125K0 grants202012 grants202125 grants202211 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

EMMA J HOUSKA$5KJACOB A DANIELS$5KJESSICA S RAUCH$5KKIERSTEN WHEELER$5KPEYTON DANIELS$5KEMILY DUCKETT$5KRYANN WOOD$5KKARLIE STAUDER$5KMADISON ROBERTS$5KHOLLIE RICHARDSON$5K

Grant Size Distribution

66 grants across all recorded years

66<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
EMMA J HOUSKA SHELBYVILLE, ILSCHOLARSHIP$5,000
JACOB A DANIELS ASSUMPTION, ILSCHOLARSHIP$5,000
JESSICA S RAUCH WINDSOR, ILSCHOLARSHIP$5,000
KIERSTEN WHEELER WINDSOR, ILSCHOLARSHIP$5,000
PEYTON DANIELS MOWEAQUA, ILSCHOLARSHIP$5,000
EMILY DUCKETT DECATUR, ILSCHOLARSHIP$5,000
RYANN WOOD WILMINGTON, NCSCHOLARSHIP$5,000
KARLIE STAUDER NORMAL, ILSCHOLARSHIP$5,000
MADISON ROBERTS CHARLESTON, ILSCHOLARSHIP$5,000
HOLLIE RICHARDSON EDWARDSVILLE, ILSCHOLARSHIP$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

SHELBY COUNTY STATE …TRUSTEE$13K

From 2024 filing

NameTitleHoursCompensation
SHELBY COUNTY STATE BANKTRUSTEE1$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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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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