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.

Peter V Westhaysen Medical Education Trust at a glance

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.

Annual giving (2025)
$1,106,660
+1420.1% vs 2024
Grants made (2025)
1
-50.0% vs 2024
Average grant
$1,106,660
+2940.3% vs 2024
Median grant
$1,106,660
Primary geography
Indiana (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who Peter V Westhaysen Medical Education Trust funds

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%).

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

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.

Giving History

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.

Grants by year

Grant recipients and amounts by year

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

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025—$12,363$1,121,684$1,106,6601$1,117,788$10,876$17,370
2024$1,109,321$125,576$94,449$72,8002$88,534$119,881$68,060
2023$1,078,194$69,651$90,437$71,0002$86,813$66,428$65,112
2022$1,098,980$30,519$99,574$80,0007$95,732$28,072$65,561
2021$1,168,095$114,661$92,804$72,5001$72,500$34,461$154,695
2020$1,133,290$103,718$71,099$54,0001—$23,406—

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.

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.

Data update history

(6)

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)

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

Enterprise Holdings Foundation

Saint Louis, MO

The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.

Assets

$594.3M

Grants

1

Total Given

$101.4M

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

Perry Family Charitable Foundation

Chicago, IL

The Perry Family Charitable Foundation supports charitable organizations, including education, social services, and disability services, with most of its giving in Illinois. In 2025, grants ranged from $250 to $1,251,000, with a median of $10,000. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$11.6M

Grants

39

Total Given

$3.1M

Josiah Macy Jr Foundation

New York, NY

The Josiah Macy Jr. Foundation funds projects that improve the education and training of future health professionals, especially those advancing equity, interprofessional teamwork, and ethical decision-making. Its 2025 grants ranged from $5,000 to $125,000, with a median of about $72,000, and went to organizations in multiple states; it accepts President’s Grant applications on a rolling basis but does not accept unsolicited Board Grant applications.

Assets

$152.6M

Grants

47

Total Given

$3.2M

Pat Tillman Foundation

Chicago, IL

The Pat Tillman Foundation funds scholarships and leadership, mentorship, and career support for U.S. military service members, veterans, and spouses pursuing full-time degrees at accredited U.S. institutions. Scholarship awards totaled about $1.34 million in 2025, but individual award amounts aren’t specified; the foundation does not describe an outside-organization grant program or say whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$7.3M

Grants

66

Total Given

$1.2M

The Cambridge Foundation Inc

Fairfield, IA

Assets

$1.7M

Grants

87

Total Given

$63K

More similar funders

More Funders in Indiana

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Peter V Westhaysen Medical Education Trust'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.

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

Want AI to do this for you?