Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson
The Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson is a private foundation based in Harrisburg, Pennsylvania. It supports college education through scholarships for eligible high school seniors who are sons or daughters of members or employees of electric cooperatives in Pennsylvania and New Jersey that belong to the Pennsylvania Rural Electric Association (PREA).
Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson at a glance
In short: Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson gave $19K across 12 grants in 2025 (avg $2K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $19,000
- +5.6% vs 2024
- Grants made (2025)
- 12
- +9.1% vs 2024
- Average grant
- $1,583
- -3.2% vs 2024
- Median grant
- $1,500
- Total assets
- $312,862
- -1.2% vs 2024
- Primary geography
- Pennsylvania (87% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson
- How to Apply
-
The 2025 filing directs students to contact the PREA Scholarship Trust Fund and says the required application is attached to the filing. Applicants must be high school seniors, provide aptitude test scores and financial-need information, and be sons or daughters of members or employees of electric cooperatives in Pennsylvania and New Jersey that belong to PREA, while meeting the trust’s other eligibility requirements. The fund’s website lists aptitude test scores and high school transcripts as required materials.
- Review Cycle
- May 5, 2025, as stated in the filing. This deadline is past.
- Deadline
- May 5, 2025, as stated in the filing.
- Contact
Application contact: Prea Scholarship Trust Fund
Mailing address: PO Box 1266, Harrisburg, PA 17108-1266
Phone: (717) 233-5704
Website: https://www.prea.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson funds
How this funder distributes its grants
Grant Size Distribution
54 grants across all recorded years
The most common grant size was under $50K: 54 grants of 54 (100%).
Geographic Focus
Where this funder awards grants
The scholarship eligibility described by the fund is tied to electric cooperatives in Pennsylvania and New Jersey that belong to PREA. In 2025, 87% of grant dollars went to recipients in Pennsylvania, 8% to recipients in South Carolina, and 5% to recipients in Maryland.
Grant Distribution by State
Share of 2025 grant dollars across all 12 itemized grants.
States
Cities
How Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson gives
- Giving held roughly steady from 2022 to 2025 (+15%). Method
- In 2025 it paid out 123% of its IRS minimum distribution (the 5% rule). 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 $16K (2020) to $19K (2025). In 2025 it made 12 grants totaling $19K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 12 grants to individuals Recipients not named | — | $19,000 |
Ready to take the next step with Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson?
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 | $312,862 | $15,313 | $19,231 | $19,000 | 12 | $19,000 | $15,063 | $15,403 |
| 2024 | $316,780 | $15,370 | $18,200 | $18,000 | 11 | $18,000 | $15,120 | $15,564 |
| 2023 | $319,610 | $15,382 | $17,700 | $17,500 | 11 | $17,500 | $15,132 | $15,688 |
| 2022 | $321,928 | $15,381 | $16,710 | $16,500 | 10 | $16,500 | $15,131 | $15,771 |
| 2021 | $323,257 | $15,290 | $19,460 | $19,000 | 10 | $19,000 | $15,040 | $15,922 |
| 2020 | $327,427 | $15,342 | $15,654 | $15,500 | 11 | — | $15,092 | $16,020 |
Under IRS private-foundation payout rules, Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson reported a distributable amount of $15K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the scholarship trust fund is provided. Its reported grantmaking supports college education through awards to individual recipients. The fund’s website says eligible applicants must be high school seniors and children of members or employees of qualifying electric cooperatives in Pennsylvania and New Jersey.
Grantmaking
In filing year 2025, the fund awarded 12 grants totaling $19,000. Awards ranged from $1,000 to $2,500, with a median of $1,500. The listed awards were to individual recipients for college education. The 2024 filing reported $18,000 across 11 grants, and the 2023 filing reported $17,500 across 11 grants.
The 2025 filing says the foundation does not restrict giving to preselected organizations. The filing describes an application and eligibility requirements for students; it does not provide an application process for organizations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Barbara B. Miller as chairperson; Chad E. Carrick as vice chairman; Gary L. Hennip, Joshua C. Sechler, Ann B. Henderson, Aaron Young, Rachel Hauser, Leonard C. Hawkins, and Matthew C. Franklin as trustees; and L. Katrice Simpson as vice president of finance and accounting.
Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson is led by Barbara B. Miller, Chairperson since 2021 (on filings since 2020); none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Barbara B. Miller
Chairperson
Trustee → Chairperson, 2021
On filings since 2020
1 hr/week
No compensation reported
Gary L. Hennip
Trustee
On filings since 2020
1 hr/week
No compensation reported
Ann B. Henderson
Trustee
On filings since 2021
1 hr/week
No compensation reported
Aaron Young
Trustee
On filings since 2022
1 hr/week
No compensation reported
Rachel Hauser
Trustee
On filings since 2022
1 hr/week
No compensation reported
Joshua C. Sechler
Trustee
On filings since 2023
1 hr/week
No compensation reported
Leonard C. Hawkins
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Matthew C. Franklin
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Chad E. Carrick
Vice Chairman
Trustee → Vice Chairman, 2025
On filings since 2020
1 hr/week
No compensation reported
L. Katrice Simpson
Vice President Finance & Accounting
On filings since 2021
1 hr/week
No compensation reported
Former officers (8)
- Former: Brenda L. Swartzlander (2020–2024) — Trustee
- Former: Richard S. Bauer (2020–2024) — Vice Chairman
- Former: Randi Matson-Zaiser (2020–2022) — Trustee
- Former: Timothy D. Burkett (2020–2022) — Trustee
- Former: Wayne Gavitt (2020–2021) — Chairman
- Former: Kevin Brownlee (2021) — Trustee
- Former: Craig Eccher (2020) — Trustee
- Former: Katrice Simpson (2020) — Vice President Finance & Accounting
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.
Frequently asked questions about Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson
How much does Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson give each year?
Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson gave $19K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $18K across 11 grants.
What is Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson's typical grant size?
Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson's median grant in 2025 was $1,500, and its average grant was $1,583, across 12 grants on its 2025 IRS Form 990-PF.
Where does Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson give grants?
Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson gives mostly in Pennsylvania: 87% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were South Carolina (8%) and Maryland (5%).
Does Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson give general operating support?
Not in 2025: none of the 12 grants with a stated purpose on Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "College Education" (12 grants).
How large is Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson?
Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson reported $313K in total assets on its 2025 IRS Form 990-PF. It paid out $19K in qualifying distributions that year, against a required minimum of $15K (roughly 5% of its investment assets).
What does Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson fund?
No mission statement for the scholarship trust fund is provided. Its reported grantmaking supports college education through awards to individual recipients. See mission & focus areas ↑
How do I apply for a grant from Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson?
The 2025 filing directs students to contact the PREA Scholarship Trust Fund and says the required application is attached to the filing. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson's EIN?
Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson's EIN (Employer Identification Number) is 26-1392600. 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. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 11, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson's focus areas in our free grants database
Similar Funders
Similar funders in Pennsylvania
The Pittsburgh Foundation
Pittsburgh, PA
The Pittsburgh Foundation funds nonprofits working in basic needs, equity and social justice, environmental action, arts and culture, and economic mobility, with most opportunities for organizations in Allegheny County or primarily serving its residents. Its 2024 grants had a median amount of about $18,600, though awards varied widely. The profile does not state whether it accepts unsolicited requests.
Assets
$1.5B
Grants
1,132
Total Given
$64.0M
The William Penn Foundation
Philadelphia, PA
The William Penn Foundation funds arts and culture, children and families, civic participation, the environment and public spaces, and workforce training, primarily in the Philadelphia region. Its 2024 median grant was $50,000, though awards varied widely. It accepts unsolicited requests through limited open applications and invites letters of inquiry from public charities.
Assets
$3.4B
Grants
1,027
Total Given
$148.8M
Dick's Sporting Goods Foundation
Coraopolis, PA
DICK’S Sporting Goods Foundation primarily funds youth sports participation in under-resourced communities, including equipment, registration costs and facilities, and also supports outdoor access and education. Its 2025 grants ranged from $626 to $2.5 million, with a median of $5,000, and Sports Matter funding has reached all 50 states. Sports Matter opportunities are by invitation only; the foundation says 501(c)(3) grant requests should be submitted in writing.
Assets
$34.5M
Grants
964
Total Given
$18.0M
Hillman Family Foundations
Pittsburgh, PA
The 18 independently operated foundations support projects in areas such as arts and culture, health, education, economic development, and community improvement, with a preference for Pittsburgh and southwestern Pennsylvania; each foundation has its own geographic focus. In 2024, grants ranged from $75 to $5 million, with a median of $20,000. The 2024 filing says unsolicited requests are accepted, beginning with a brief letter of intent through the online portal.
Assets
$1.9B
Grants
814
Total Given
$88.8M
Pidc Financing Corporation
Philadelphia, PA
PIDC Financing Corporation administers Pennsylvania business loans for real estate, leasehold improvements, and equipment, as well as partner-funded grants for Philadelphia economic, cultural, civic, historical, storefront, and stormwater projects. Its 2024 filing reports no grants, so no typical giving level is stated; grant partners select recipients, and the profile does not state whether unsolicited requests are accepted.
Assets
$6.7M
Grants
774
Total Given
$16.4M
Pennsylvania CDFI Network
Philadelphia, PA
The Pennsylvania CDFI Network funds Pennsylvania CDFIs and community-development organizations, and supports small businesses through counseling, technical assistance, loan capital, and some microgrants. Its 2025 grants had a median of $10,000, with awards ranging from $6,000 to $7,124,547; its business assistance programs serve all 67 Pennsylvania counties. The profile does not state whether it accepts unsolicited requests.
Assets
$4.5M
Grants
180
Total Given
$15.5M
More similar funders
More Funders in Pennsylvania
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Pennsylvania Rural Electric Association Scholarship Trust Fund in Memory of W Matson down — hundreds of funders to go?