Peter V Westhaysen Medical Education Trust

Private foundation · Grantmaker Evansville, IN EIN: 31-6290396
EducationGraduate and professional educationNursing education

Peter V Westhaysen Medical Education Trust is a private foundation focused on Education, based in Evansville, IN. IRS filing data is available from 2020 through 2025. In 2025, it awarded 1 grant totaling $1.1M. Net investment income was $11K.

Key facts about Peter V Westhaysen Medical Education Trust

In short: Peter V Westhaysen Medical Education Trust gave $1.1M across 1 grant in 2025 (avg $1.1M), mostly in Indiana. Source: 2025 IRS Form 990-PF.

EIN
31-6290396
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,106,660
Grants made (2025)
1
Average grant
$1,106,660
Median grant
$1,106,660
Primary geography
Indiana (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$1.1M

+1420.1% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$1.1M

+2940.3% YoY

Under IRS private-foundation payout rules, Peter V Westhaysen Medical Education Trust reported a distributable amount of $17K for 2025 — the minimum it must pay out in qualifying distributions.

How Peter V Westhaysen Medical Education Trust gives

  • Giving grew 1283% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with Peter V Westhaysen Medical Education Trust?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of the 2025 grant dollars on its one itemized grant.

Cities

BloomingtonEvanstonFranklinHammondIndianapolisMerrillvilleMuncieOmahaValparaisoGlendaleHighlana

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M1 grant2020 1 grant2021 7 grants2022 2 grants2023 2 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $54K (2020) to $1.1M (2025). In 2025 it made 1 grant totaling $1.1M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Legacy Foundation Inc: $1.1MLegacy Foundation Inc$1.1M

The largest 2025 recipient was Legacy Foundation Inc ($1.1M).

Grant Size Distribution

13 grants across all recorded years

8<$50K4$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 8 grants of 13 (62%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Legacy Foundation Inc Merrillville, INProgram Support$1,106,660

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets—$1,109,321$1,078,194
Revenue$12,363$125,576$69,651
Expenses$1,121,684$94,449$90,437
Qualifying Distributions$1,117,788$88,534$86,813
Net Investment Income$10,876$119,881$66,428
Distributable Amount$17,370$68,060$65,112

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 23, 2024)
  2. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 24, 2025)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS June 15, 2023)
  4. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 24, 2026)
  5. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 7, 2021)
  6. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 22, 2022)

Leadership & Key People

Officers and directors from IRS filings

Peter V Westhaysen Medical Education Trust's only listed officer is OLD National Wealth Management, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • OLD National Wealth Management

    Trustee

    On filings since 2022

    1 hr/week

    $18K (2022) → $6K (2025)

Former officers (1)
  • Former: First Midwest Bank (2020–2021) — Trustee

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.

Compensation Overview

From 2025 IRS filing

Old National Wealth Management — Trustee: $6KOld National Wealth…Trustee$6K

The highest reported compensation on the 2025 filing was $6K, to Old National Wealth Management (Trustee).

Frequently asked questions about Peter V Westhaysen Medical Education Trust

How much does Peter V Westhaysen Medical Education Trust give each year?

Peter V Westhaysen Medical Education Trust gave $1.1M across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $73K across 2 grants.

What is Peter V Westhaysen Medical Education Trust?

Peter V Westhaysen Medical Education Trust is a private foundation focused on Education, based in Evansville, IN.

Where does Peter V Westhaysen Medical Education Trust operate?

Peter V Westhaysen Medical Education Trust has awarded grants in Arizona, Illinois, Indiana, Nebraska.

How much is Peter V Westhaysen Medical Education Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Peter V Westhaysen Medical Education Trust reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Peter V Westhaysen Medical Education Trust's EIN?

Peter V Westhaysen Medical Education Trust's EIN (Employer Identification Number) is 31-6290396. 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.

Your AI grants department

Here's the math on researching Peter V Westhaysen Medical Education Trust by hand.

Explore Open Grants

Browse active grant opportunities in Peter V Westhaysen Medical Education Trust's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

KPMG US Foundation Inc

Montvale, NJ

KPMG US Foundation supports education, mental health, community vitality, and community relief and resilience, with grants distributed across the United States. Its 2025 grants had a median of $25,000, though amounts ranged from about $5,000 to $2.2 million. The available information does not say whether it accepts unsolicited requests.

Assets

$12.4M

Grants

387

Total Given

$33.5M

Alzheimer's Disease & Related Disorders Association Inc

Chicago, IL

The fund supports Alzheimer’s disease and dementia research, including scientific, clinical, social, and behavioral research, as well as related policy work. It awards grants to U.S. and international researchers; the profile does not state a typical giving level or whether unsolicited requests are accepted.

Diseases, Disorders & Medical Disciplines

Assets

$523.7M

Grants

79

Total Given

$73.3M

The Greater Cincinnati Foundation

Cincinnati, OH

The Greater Cincinnati Foundation supports education, affordable housing, arts and culture, community well-being, neighborhood development, and basic needs, with responsive grants focused on its eight-county Greater Cincinnati service area. Its 2024 grants had a median of $20,000, while specific opportunities range from small awards to grants of up to $450,000. It offers open RFP and LOI opportunities; the profile does not state whether it accepts unsolicited requests outside those opportunities.

Assets

$1.0B

Grants

1,408

Total Given

$184.4M

The Henry Luce Foundation Inc

New York, NY

The Henry Luce Foundation funds U.S. nonprofits and international equivalents working in areas including education, research, arts, civic life, Indigenous knowledge, religion, and women in STEM. Its 2024 grants had a median of $50,000, with amounts ranging from $75 to $1.25 million. The profile does not state whether it accepts unsolicited requests.

Assets

$1.1B

Grants

652

Total Given

$49.3M

American Heart Association Inc

Dallas, TX

The American Heart Association funds basic, clinical, behavioral, translational, population, and other research on cardiovascular, cerebrovascular, and brain health, mainly through research awards to eligible U.S.-based nonprofit institutions. In 2025, grants ranged from $5,000 to $9.9 million, with a median award of $20,000. Applications are submitted through designated programs; the profile does not state whether unsolicited requests are accepted.

Diseases, Disorders & Medical Disciplines

Assets

$2.0B

Grants

833

Total Given

$198.2M

The Children's Hospital of Philadelphia

Philadelphia, PA

CHOP primarily funds pediatric research at universities, hospitals, and research organizations, and also supports employee-led health projects in communities served by CHOP and its Care Network in Pennsylvania and New Jersey. In 2025, it awarded 138 grants totaling about $50.3 million; the median grant was about $115,000, with awards ranging from about $5,800 to $14 million. The profile does not state whether CHOP accepts unsolicited requests.

Health

Assets

$9.1B

Grants

138

Total Given

$50.3M

The Simons Foundation Inc

New York, NY

The Simons Foundation funds research in mathematics and the basic sciences, as well as autism and other disease research, through grants to research centers, universities, and related organizations. In 2024, grants ranged from $1,480 to $20 million, with a median of $72,000; funding is concentrated in New York, California, and Massachusetts, with awards also made elsewhere in the U.S. and internationally. Whether it accepts unsolicited requests is not stated.

Philanthropy, Voluntarism & Grantmaking

Assets

$4.5B

Grants

1,727

Total Given

$272.0M

Greater Horizons

Kansas City, MO

Greater Horizons distributes donor-advised fund grants to eligible U.S. charities and institutions across a wide range of causes; international organizations may also be supported after additional due diligence. In 2024, its grants had a median of $15,000, though amounts varied widely. Grants are requested by fund holders, and no general application process for organizations seeking funding is described.

Assets

$2.8B

Grants

3,282

Total Given

$212.2M

Tulsa Community Foundation

Tulsa, OK

Tulsa Community Foundation supports a broad range of charitable needs, including arts and humanities, healthcare, education, scholarships, emergency assistance, and endowments. Its 2024 grants had a median of $18,560 and primarily benefited the Tulsa area and eastern Oklahoma, with grants also reaching elsewhere in the U.S.; it administers application cycles for selected funds.

Assets

$1.1B

Grants

1,066

Total Given

$158.6M

Enterprise Holdings Foundation

Saint Louis, MO

Enterprise Holdings Foundation supports nonprofits in health, education, arts, disaster relief, reforestation, hunger relief, and community equity, with an emphasis on organizations actively supported by Enterprise employees and their families. Its reported grants range widely: 2024 giving averaged about $7,700 across 9,499 grants, while the foundation also offers awards of up to $40,000; it supports communities where Enterprise operates worldwide. Unsolicited requests are accepted at any time, but eligible applications must be submitted by an Enterprise team member or their spouse or domestic partner on behalf of a nonprofit they actively support.

Assets

$594.3M

Grants

1

Total Given

$101.4M

Oral Health International Foundation

Reston, VA

The Oral Health International Foundation funds dental projects that expand access to care for underserved communities worldwide, with emphasis on community-based oral health initiatives. Its 2025 grants ranged from $3,300 to $25,000, with a median of $10,000. Although it lists an annual application period from March 1 to June 1, its 2024 filing says it gives only to preselected organizations and does not accept unsolicited requests.

Assets

$12.0M

Grants

49

Total Given

$415K

Grant Thornton Foundation

Chicago, IL

In 2024, the Grant Thornton Foundation funded general support, educational institutions, and disaster relief, awarding 10 grants of $1,575 to $41,450 (median $19,060). It is based in Chicago, with 2024 grants concentrated in California, Arizona, and Florida. The foundation gives only to preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$224K

Grants

10

Total Given

$181K

More Funders in Indiana

Peter V Westhaysen Medical Education Trust down — hundreds of funders to go?

Want AI to do this for you?