Peter V Westhaysen Medical Education Trust

EVANSVILLE, IN EIN: 31-6290396

Education Graduate and professional education Nursing 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 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 2 grants totaling $73K. Net investment income was $120K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+2.9% YoY

Annual Giving

$73K

+2.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$36K

+2.5% YoY

Under IRS private-foundation payout rules, Peter V Westhaysen Medical Education Trust reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.

About Peter V Westhaysen Medical Education Trust

Based on IRS filings

Focus Areas

Education Graduate and professional education Nursing education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $335K (96%)

Nebraska $9K (2%)

Illinois $5K (1%)

Arizona $3K (1%)

States

Arizona Illinois Indiana Nebraska

Cities

BloomingtonEvanstonFranklinGlendaleHammondHighlanaIndianapolisMuncieOmahaValparaiso

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,109,321	$1,078,194	$1,098,980
Revenue	$125,576	$69,651	$30,519
Expenses	$94,449	$90,437	$99,574
Qualifying Distributions	$88,534	$86,813	$95,732
Net Investment Income	$119,881	$66,428	$28,072
Distributable Amount	$68,060	$65,112	$65,561

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Indiana University ($70,300), Midwestern University ($2,500).

Recipient	Purpose	Amount
INDIANA UNIVERSITY BLOOMINGTON, IN	SCHOLARSHIPS	$70,300
MIDWESTERN UNIVERSITY GLENDALE, AZ	SCHOLARSHIPS	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Education Graduate and professional education Nursing education

Frequently Asked Questions

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. It holds $1.1M in total assets as of 2024.

How large is Peter V Westhaysen Medical Education Trust?

As of 2024, Peter V Westhaysen Medical Education Trust holds $1.1M in total assets with $126K in annual revenue. It awarded 2 grants totaling $73K in 2024.

Where does Peter V Westhaysen Medical Education Trust operate?

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

What size grants does Peter V Westhaysen Medical Education Trust award?

In 2024, Peter V Westhaysen Medical Education Trust awarded 2 grants totaling $73K — an average of about $36K per grant, based on its IRS Form 990 filings.

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 2024, Peter V Westhaysen Medical Education Trust reported a distributable amount of $68K 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 2020–2024.