Peter J Blosser Scholarship Trust
The Peter J. Blosser Scholarship Trust is a private foundation based in Chillicothe, Ohio, serving Ross County residents since its establishment in 1977. Operating as a 501(c)(3) nonprofit organization, the trust provides educational support through both scholarships and low-interest student loans to help individuals further their education at universities, colleges, and vocational schools.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-2.4% YoY
Annual Giving
$69K
+12.6% YoY
Grant Count
55
+1.9% YoY
Avg Grant Size
$1K
+10.6% YoY
Under IRS private-foundation payout rules, Peter J Blosser Scholarship Trust reported a distributable amount of $160K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The trust's primary mission is to support educational advancement for Ross County residents. Its core activities include:
- Providing scholarships to qualifying applicants to aid in furthering their education
- Offering low-interest student loans with no origination fees and deferred payment options
- Using interest earned on student loans to fund additional scholarship awards
Grantmaking
The trust distributes scholarships to qualifying applicants pursuing higher education. Recent grant activity includes:
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Geographic Focus
Where this funder awards grants
The trust exclusively serves Ross County, Ohio. Scholarship eligibility is limited to graduates of Ross County high schools or individuals with a G.E.D. from Ohio.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total assets: $1,874,075
- Total revenues: $121,241
- Total expenses: $140,204
- Total grants distributed: $61,000 (scholarships)
- Investment income and dividends: $41,569
- Grants and contributions received: $2,500
- Net gain from sale of non-inventory assets: $62,640
Historical comparison (2022):
- Total revenues: $66,166
- Total assets: Approximately $1.8 million range
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,829,485 | $1,874,075 | $1,893,038 |
| Revenue | $98,476 | $121,241 | $66,166 |
| Expenses | $142,348 | $140,204 | $124,060 |
| Qualifying Distributions | $140,094 | $134,670 | $150,193 |
| Net Investment Income | $76,870 | $99,073 | $46,439 |
| Distributable Amount | $159,805 | $127,209 | $143,937 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
234 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Henry Zitzelberger ($1,500), Molly Prochaska ($1,500), Laynie Roll ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| MATTHEW DEHOYOS CHILLICOTHE, OH | EDUCATIONAL SCHOLARSHIP | $750 |
| BROOKELYN STOTRIDGE CHILLICOTHE, OH | EDUCATIONAL SCHOLARSHIP | $750 |
| COLTEN CASEBOLT CHILLICOTHE, OH | EDUCATIONAL SCHOLARSHIP | $750 |
| ADDISON LALIER CHILLICOTHE, OH | EDUCATIONAL SCHOLARSHIP | $750 |
| PARKER GEORGE CHILLICOTHE, OH | EDUCATIONAL SCHOLARSHIPS | $1,000 |
| NICOLAS CUNNINGHAM CHILLICOTHE, OH | EDUCATIONAL SCHOLARSHIP | $1,000 |
| VITORIA HAY CHILLICOTHE, OH | EDUCATIONAL SCHOLARSHIP | $1,000 |
| NATHAN THROCKMORTON CHILLICOTHE, OH | EDUCATIONAL SCHOLARSHIP | $1,000 |
| MEREDITH ROBINSON CHILLICOTHE, OH | EDUCATIONAL SCHOLARSHIPS | $1,000 |
| TARA BUSHATZ CHILLICOTHE, OH | EDUCATIONAL SCHOLARSHIP | $1,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The trust is governed by three trustees:
- Lorene C. Washington – Trustee
- Donald C. Gatchell Jr. – Trustee
- Timothy G. Nusbaum – Secretary/Administrator
Staff: Cathy Sparks
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LORENE C WASHINGTON | TRUSTEE | 2.5 | — |
| DONALD C GATCHELL | TRUSTEE | 2.5 | — |
| TIM NUSBAUM | TRUSTEE | 2.5 | — |
Recent News & Activity
Recent developments and announcements
The trust actively promotes its scholarship and loan programs to Ross County residents. Recent announcements include:
**2026 Raymond J. Pack Scholarship**: Applications are being accepted from Ross County high school seniors, with completed applications due to school guidance counselors by April 2, 2026.
**Current loan rate**: Fixed 3% annual interest rate with no origination fees
The trust continues to encourage donations, with all proceeds directed toward the Raymond J. Pack Scholarship fund
Contact Information
Address: 60 Riverside St., Suite 130, P.O. Box 6160, Chillicothe, OH 45601
Phone: (740) 773-0043
Email: info@blossertrust.org
Website: blossertrust.org
Frequently Asked Questions
What does Peter J Blosser Scholarship Trust fund?
The trust's primary mission is to support educational advancement for Ross County residents. Its core activities include: • Providing scholarships to qualifying applicants to aid in furthering their education • Offering low-interest student loans with no origination fees and deferred payment options • Using interest earned on student loans to fund additional scholarship awards
How do I apply for a grant from Peter J Blosser Scholarship Trust?
The trust distributes scholarships to qualifying applicants pursuing higher education. Recent grant activity includes: • **55 scholarships** provided to qualifying applicants (2023) • **46 grants** distributed in the most recent reporting period • **Typical award range**: $500–$2,250 • **Median grant amount**: $1,000 • **Maximum grant**: $2,000 **Student Loan Program**: The trust offers fixed-rate student loans at 3% annual interest with no origination fees and deferred payment options for thos…
Where does Peter J Blosser Scholarship Trust make grants?
The trust exclusively serves Ross County, Ohio. Scholarship eligibility is limited to graduates of Ross County high schools or individuals with a G.E.D. from Ohio.
What size grants does Peter J Blosser Scholarship Trust award?
In 2024, Peter J Blosser Scholarship Trust awarded 55 grants totaling $69K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Peter J Blosser Scholarship Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Peter J Blosser Scholarship Trust reported a distributable amount of $160K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Peter J Blosser Scholarship Trust's EIN?
Peter J Blosser Scholarship Trust's EIN (Employer Identification Number) is 31-0629687. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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