Rw Schluter Trust #1 Educational Fund

NEW ORLEANS, LA EIN: 64-6152810

Rw Schluter Trust #1 Educational Fund is a private foundation, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $54K in total assets. In 2024, it awarded 5 grants totaling $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$54K

-13.4% YoY

Annual Giving

$6K

+117.3% YoY

Grant Count

+66.7% YoY

Avg Grant Size

$1K

+30.4% YoY

Under IRS private-foundation payout rules, Rw Schluter Trust #1 Educational Fund reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Rw Schluter Trust #1 Educational Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Mississippi $12K (76%)

Alaska $1K (6%)

Alabama $1K (6%)

Georgia $650 (4%)

South Carolina $650 (4%)

Texas $650 (4%)

States

Alaska Alabama Georgia Mississippi South Carolina Texas

Cities

College StationFairbanksHattiesburgMississippi StateMobileNewberryPerkinstonSavannahUniversity

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$54,290	$62,702	$71,358
Revenue	$2,076	$-1,146	$3,575
Expenses	$10,548	$7,457	$4,957
Qualifying Distributions	$8,390	$5,280	$2,517
Net Investment Income	—	—	$1,340
Distributable Amount	$2,801	$2,904	$3,139

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mississippi Gulf Coast Community College ($2,000), University of South Alabama ($1,000), Mississippi State University ($1,000).

Recipient	Purpose	Amount
UNIVERSITY OF SOUTH ALABAMA MOBILE, AL	SCHOLARSHIP	$1,000
MISSISSIPPI GULF COAST COMMUNITY COLLEGE PERKINSTON, MS	SCHOLARSHIP	$2,000
MISSISSIPPI STATE UNIVERSITY MISSISSIPPI STATE, MS	SCHOLARSHIP	$1,000
TEXAS A&M UNIVERSITY College Station, TX	SCHOLARSHIP	$650
UNIVERSITY OF ALASKA Fairbanks, AK	SCHOLARSHIP	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
HANCOCK WHITNEY BANK	TRUSTEE	5	$2,854

Frequently Asked Questions

How large is Rw Schluter Trust #1 Educational Fund?

As of 2024, Rw Schluter Trust #1 Educational Fund holds $54K in total assets with $2K in annual revenue. It awarded 5 grants totaling $6K in 2024.

Where does Rw Schluter Trust #1 Educational Fund operate?

Rw Schluter Trust #1 Educational Fund has awarded grants in Alaska, Alabama, Georgia, Mississippi, South Carolina, Texas.

What size grants does Rw Schluter Trust #1 Educational Fund award?

In 2024, Rw Schluter Trust #1 Educational Fund awarded 5 grants totaling $6K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Rw Schluter Trust #1 Educational Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rw Schluter Trust #1 Educational Fund reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Rw Schluter Trust #1 Educational Fund's EIN?

Rw Schluter Trust #1 Educational Fund's EIN (Employer Identification Number) is 64-6152810. IRS Form 990 filing data is available on this page for 2020–2024.