Oliver W Storer Scholarship Foundation
The Oliver W Storer Scholarship Foundation is a private foundation based in Chicago, Illinois. Its 2025 filing reports scholarships awarded to individual recipients.
Key facts about Oliver W Storer Scholarship Foundation
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.
- EIN
- 35-6012044
- Latest 990 filing
- Form 990-PF, 2026
- Annual giving (2026)
- $219,066
- Grants made (2026)
- 34
- Average grant
- $6,443
- Median grant
- $6,606
- Total assets
- $4,569,834
- Primary geography
- Indiana (88% of itemized 2026 grant dollars)
- How to apply
- The foundation states that it does not restrict giving to preselected organizations. Full details ↓
- Deadline
- Sixty days prior to the start of the school year.
Data from IRS Form 990-PF, 2026; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2026 IRS Form 990-PF · View filing
Total Assets
$4.6M
+1.4% YoY
Annual Giving
$219K
-10.8% YoY
Grant Count
34
-2.9% YoY
Avg Grant Size
$6K
-8.1% YoY
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.
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.
Mission & Focus Areas
The available filing information does not state a mission. The 2025 grants are identified as scholarships. The 2024 filing states that award recipients must be high school graduates of Delaware County, Indiana.
Grantmaking
In filing year 2025, the foundation gave $245,455 through 35 grants. Each itemized grant was $7,013. Listed recipients include Payton S Baker of West Lafayette, Indiana; Lillian Haley of Muncie, Indiana; and Ashleigh Brelage of Oxford, Ohio, each awarded $7,013 for a scholarship.
Review Cycle
Sixty days prior to the start of the school year.
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Geographic Focus
Where this funder awards grants
The 2024 filing restricts awards to high school graduates of Delaware County, Indiana. In 2025, 80% of grant dollars went to recipients in Indiana, 11% to Ohio, 6% to Michigan, and 3% to Pennsylvania.
Grant Distribution by State
Share of 2026 grant dollars across all 34 itemized grants.
Cities
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.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2026
The largest 2026 recipient was Aaron Gentry Groves Indiana Wesleyan University ($7K). Together the top 10 received $67K.
Grant Size Distribution
175 grants across all recorded years
The most common grant size was under $50K: 175 grants of 175 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Aaron Gentry Groves Indiana Wesleyan University Marion, IN | Scholarship | $6,676 |
| Grayson Mealy Purdue University West Lafayette, IN | Scholarship | $6,676 |
| Aaron Coggeshall Purdue University West Lafayette, IN | Scholarship | $6,676 |
| Grace Murray Indiana University Fort Wayne, IN | Scholarship | $6,676 |
| Alesya Rathinasamy Purdue University West Lafayette, IN | Scholarship | $6,676 |
| Cassidy Rees Alma College Alma, MI | Scholarship | $6,676 |
| Avery Stinson Ball State University Muncie, IN | Scholarship | $6,676 |
| Peyton M Wormer University of Notre Dame Notre Dame, IN | Scholarship | $6,676 |
| Payton S Baker Purdue University West Lafayette, IN | Scholarship | $6,606 |
| Dametrius Hall Grace College and Seminary Winona Lake, IN | Scholarship | $6,606 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant sum | Grant count |
|---|---|---|---|---|---|
| 2025 | $4,505,776 | $334,624 | $346,917 | $245,455 | 35 |
| 2024 | $4,510,602 | $174,402 | $288,329 | $219,549 | 36 |
| 2023 | $4,613,850 | $154,030 | $356,452 | $269,370 | 33 |
| Metric | 2026 | 2025 | 2024 |
|---|---|---|---|
| Total Assets | $4,569,834 | $4,505,776 | $4,510,602 |
| Revenue | $377,591 | $334,624 | $174,402 |
| Expenses | $314,512 | $346,917 | $288,329 |
| Qualifying Distributions | $267,731 | $306,810 | $250,608 |
| Net Investment Income | $337,327 | $296,103 | $117,031 |
| Distributable Amount | $289,670 | $282,971 | $280,950 |
Data update history
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
Leadership & Key People
Officers and directors from IRS filings
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).
Contact
Application contact: Jp Morgan Chase Bank N A
Mailing address: 10 S Dearborn Il1-0111, Chicago, IL 60603
Phone: (800) 496-2583
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%). The most frequent recipient cities were West Lafayette, IN (12 grants), Fort Wayne, IN (4 grants), Muncie, IN (4 grants) and Marion, IN (2 grants).
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).
Who are Oliver W Storer Scholarship Foundation's largest grantees?
Oliver W Storer Scholarship Foundation's largest 2026 grantees include Aaron Gentry Groves Indiana Wesleyan University ($6,676), Grayson Mealy Purdue University ($6,676) and Aaron Coggeshall Purdue University ($6,676), according to its 2026 IRS Form 990-PF. Together they received 9% of its itemized 2026 grant dollars.
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. The 2025 grants are identified as scholarships. The 2024 filing states that award recipients must be high school graduates of Delaware County, Indiana. See mission & focus areas ↑
How do I apply for a grant from Oliver W Storer Scholarship Foundation?
The foundation states that it does not restrict giving to preselected organizations. 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 September 2026.
Here's the math on researching Oliver W Storer Scholarship Foundation by hand.
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