O J Stout Scholarship Fund United Bank Trustee
O J Stout Scholarship Fund United Bank Trustee is a private foundation, based in Parkersburg, WV. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 1 grant totaling $316K. Net investment income was $329K.
O J Stout Scholarship Fund United Bank Trustee at a glance
In short: O J Stout Scholarship Fund United Bank Trustee gave $316K across 1 grant in 2025 (avg $316K), mostly in West Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $316,400
- -7.1% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $316,400
- -7.1% vs 2024
- Median grant
- $316,400
- Total assets
- $1,168,447
- -9.9% vs 2024
- Primary geography
- West Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who O J Stout Scholarship Fund United Bank Trustee funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
How O J Stout Scholarship Fund United Bank Trustee gives
- Giving held roughly steady from 2022 to 2025 (−13%). Method
- In 2025 it paid out 99% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $316K (2025) to $379K (2020). In 2025 it made 1 grant totaling $316K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $316,400 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,168,447 | $329,513 | $445,247 | $316,400 | 1 | $395,500 | $328,868 | $398,340 |
| 2024 | $1,297,298 | $336,035 | $494,402 | $340,600 | 1 | $425,750 | $317,627 | $398,553 |
| 2023 | $1,445,178 | $829,054 | $506,242 | $373,800 | 1 | $467,250 | $823,711 | $436,850 |
| 2022 | $1,139,830 | $381,658 | $510,811 | $363,200 | 1 | $454,000 | $373,448 | $451,714 |
| 2021 | $1,249,738 | $409,653 | $520,926 | $369,600 | 1 | $462,000 | $408,066 | $397,404 |
| 2020 | $1,378,866 | $332,385 | $520,537 | $378,600 | 1 | — | $324,488 | $421,750 |
Under IRS private-foundation payout rules, O J Stout Scholarship Fund United Bank Trustee reported a distributable amount of $398K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
O J Stout Scholarship Fund United Bank Trustee's only listed officer is United Bank INC, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
United Bank INC
Trustee
On filings since 2020
$129K (2020) → $124K (2025)
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $124K, to United Bank Inc (Trustee).
Frequently asked questions about O J Stout Scholarship Fund United Bank Trustee
How much does O J Stout Scholarship Fund United Bank Trustee give each year?
O J Stout Scholarship Fund United Bank Trustee gave $316K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $341K across 1 grant.
How large is O J Stout Scholarship Fund United Bank Trustee?
O J Stout Scholarship Fund United Bank Trustee reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $396K in qualifying distributions that year, against a required minimum of $398K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does O J Stout Scholarship Fund United Bank Trustee operate?
O J Stout Scholarship Fund United Bank Trustee has awarded grants in West Virginia.
What is O J Stout Scholarship Fund United Bank Trustee's EIN?
O J Stout Scholarship Fund United Bank Trustee's EIN (Employer Identification Number) is 55-6029015. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 23, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
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