Oliver W Storer Scholarship Foundation
The Oliver W Storer Scholarship Foundation is a private foundation based in Chicago, Illinois. Its 2026 filing reports scholarship grants to individual recipients, and its 2025 filing states that recipients must be high school graduates of Delaware County, Indiana.
Oliver W Storer Scholarship Foundation at a glance
In short: Oliver W Storer Scholarship Foundation gave $219K across 34 grants in 2026 (avg $6K), mostly in Indiana. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $219,066
- -10.8% vs 2025
- Grants made (2026)
- 34
- -2.9% vs 2025
- Average grant
- $6,443
- -8.1% vs 2025
- Median grant
- $6,606
- Total assets
- $4,569,834
- +1.4% vs 2025
- Primary geography
- Indiana (88% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated October 2026.
How to apply to Oliver W Storer Scholarship Foundation
- How to Apply
-
The 2025 filing directs applicants to contact JP Morgan Chase Bank N A and use its online grants process. Recipients must be high school graduates of Delaware County, Indiana.
- Review Cycle
- The filing states that applications are due sixty days before the start of the school year.
- Deadline
- The filing states that applications are due sixty days before the start of the school year.
- Contact
Application contact: Jp Morgan Chase Bank N A
Mailing address: 10 S Dearborn Il1-0111, Chicago, IL 60603
Phone: (800) 496-2583
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Oliver W Storer Scholarship Foundation funds
How this funder distributes its grants
Grant Size Distribution
175 grants across all recorded years
The most common grant size was under $50K: 175 grants of 175 (100%).
Geographic Focus
Where this funder awards grants
In filing year 2026, 88% of grant dollars went to recipients in Indiana, 6% to Michigan, and 6% to Ohio. The 2025 filing identifies high school graduates of Delaware County, Indiana, as the eligible recipients.
Grant Distribution by State
Share of 2026 grant dollars across all 34 itemized grants.
Cities
How Oliver W Storer Scholarship Foundation gives
- Giving held roughly steady from 2023 to 2026 (−19%). Method
- In 2026 it paid out 92% 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 2021 to 2026, annual grant giving ranged from $219K (2026) to $269K (2023). In 2026 it made 34 grants totaling $219K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 34 individual scholarships Recipients not named | — | $219,066 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,569,834 | $377,591 | $314,512 | $219,066 | 34 | $267,731 | $337,327 | $289,670 |
| 2025 | $4,505,776 | $334,624 | $346,917 | $245,455 | 35 | $306,810 | $296,103 | $282,971 |
| 2024 | $4,510,602 | $174,402 | $288,329 | $219,549 | 36 | $250,608 | $117,031 | $280,950 |
| 2023 | $4,613,850 | $154,030 | $356,452 | $269,370 | 33 | $311,605 | $126,283 | $254,758 |
| 2022 | $4,813,276 | $392,873 | $328,981 | $235,006 | 37 | $278,138 | $349,969 | $312,481 |
| 2021 | $4,723,950 | $346,000 | $310,117 | $233,219 | 36 | — | $307,329 | $267,261 |
Under IRS private-foundation payout rules, Oliver W Storer Scholarship Foundation reported a distributable amount of $290K for 2026 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available filing information does not state a mission. Grant purposes reported for 2026 were scholarships.
Grantmaking
In filing year 2026, the foundation reported 34 grants totaling $219,066. Individual grants ranged from $3,100 to $6,676, with a median of $6,606. The listed grants were for scholarships, primarily to individual recipients.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2026 filing lists JP Morgan Chase Bank NA as trustee.
Oliver W Storer Scholarship Foundation's only listed officer is JP Morgan Chase Bank NA, Trustee on every filing since 2021 (compensated).
Officers on the 2026 filing
JP Morgan Chase Bank NA
Trustee
On filings since 2021
2 hrs/week
$60K (2021) → $73K (2026)
Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $73K, to JP Morgan Chase Bank NA (Trustee).
Frequently asked questions about Oliver W Storer Scholarship Foundation
How much does Oliver W Storer Scholarship Foundation give each year?
Oliver W Storer Scholarship Foundation gave $219K across 34 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $245K across 35 grants.
What is Oliver W Storer Scholarship Foundation's typical grant size?
Oliver W Storer Scholarship Foundation's median grant in 2026 was $6,606, and its average grant was $6,443, across 34 grants on its 2026 IRS Form 990-PF.
Where does Oliver W Storer Scholarship Foundation give grants?
Oliver W Storer Scholarship Foundation gives mostly in Indiana: 88% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest states were Michigan (6%) and Ohio (6%).
Does Oliver W Storer Scholarship Foundation give general operating support?
Not in 2026: none of the 34 grants with a stated purpose on Oliver W Storer Scholarship Foundation's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (34 grants).
How large is Oliver W Storer Scholarship Foundation?
Oliver W Storer Scholarship Foundation reported $4.6M in total assets on its 2026 IRS Form 990-PF. It paid out $268K in qualifying distributions that year, against a required minimum of $290K (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.
What does Oliver W Storer Scholarship Foundation fund?
The available filing information does not state a mission. Grant purposes reported for 2026 were scholarships. See mission & focus areas ↑
How do I apply for a grant from Oliver W Storer Scholarship Foundation?
The 2025 filing directs applicants to contact JP Morgan Chase Bank N A and use its online grants process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Oliver W Storer Scholarship Foundation's EIN?
Oliver W Storer Scholarship Foundation's EIN (Employer Identification Number) is 35-6012044. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 12, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 11, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 6, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS December 20, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS July 9, 2025)
- Added Form 990-PF for fiscal year 2026 (received by the IRS July 8, 2026)
- IRS filings on file for fiscal years 2021–2025
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