Paul Allen Rotary Scholarship Fund

BOWLING GREEN, KY EIN: 62-6361089

Paul Allen Rotary Scholarship Fund is a private foundation, based in BOWLING GREEN, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $723K in total assets. In 2024, it awarded 7 grants totaling $11K. Net investment income was $34K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$723K

+3.0% YoY

Annual Giving

$11K

-8.3% YoY

Grant Count

-22.2% YoY

Avg Grant Size

$2K

+17.9% YoY

Under IRS private-foundation payout rules, Paul Allen Rotary Scholarship Fund reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.

About Paul Allen Rotary Scholarship Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $68K (96%)

Alabama $2K (2%)

Louisiana $1K (1%)

States

Alabama Kentucky Louisiana

Cities

BereaBowling GreenLexingtonLouisvilleShreveportTuscaloosa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$723,462	$702,305	$701,599
Revenue	$40,870	$28,166	$2,033
Expenses	$26,892	$27,653	$53,588
Qualifying Distributions	$11,000	$12,000	$12,000
Net Investment Income	$33,840	$20,651	$20,326
Distributable Amount	$38,297	$36,518	$38,484

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

39 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Haley Mitchell ($2,500), Ty Killen ($2,500), Cooper Tyree ($1,500).

Recipient	Purpose	Amount
HALEY MITCHELL BOWLING GREEN, KY	ACADEMIC SCHOLARSHIP	$2,500
TY KILLEN BOWLING GREEN, KY	ACADEMIC SCHOLARSHIP	$2,500
NATALIE MCABEE BOWLING GREEN, KY	ACADEMIC SCHOLARSHIP	$1,000
EVAN ALLEN BOWLING GREEN, KY	ACADEMIC SCHOLARSHIP	$1,000
GEORGIA PERRY LOUISVILLE, KY	ACADEMIC SCHOLARSHIP	$1,000
COOPER TYREE BOWLING GREEN, KY	ACADEMIC SCHOLARSHIP	$1,500
KENNEDI ALEXANDER TUSCALOOSA, AL	ACADEMIC SCHOLARSHIP	$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FRANKLIN BANK AND TRUST	Trustee	1	$7,030

Frequently Asked Questions

How large is Paul Allen Rotary Scholarship Fund?

As of 2024, Paul Allen Rotary Scholarship Fund holds $723K in total assets with $41K in annual revenue. It awarded 7 grants totaling $11K in 2024.

Where does Paul Allen Rotary Scholarship Fund operate?

Paul Allen Rotary Scholarship Fund has awarded grants in Alabama, Kentucky, Louisiana.

What size grants does Paul Allen Rotary Scholarship Fund award?

In 2024, Paul Allen Rotary Scholarship Fund awarded 7 grants totaling $11K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Paul Allen Rotary Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Paul Allen Rotary Scholarship Fund reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Paul Allen Rotary Scholarship Fund's EIN?

Paul Allen Rotary Scholarship Fund's EIN (Employer Identification Number) is 62-6361089. IRS Form 990 filing data is available on this page for 2020–2024.