Stephen J Machuta Scholarship Trust

PENNINGTON, NJ EIN: 30-6676155

Stephen J Machuta Scholarship Trust is a private foundation, based in PENNINGTON, NJ. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 1 grants totaling $70K. Net investment income was $194K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+5.9% YoY

Annual Giving

$70K

-12.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$70K

-12.2% YoY

Under IRS private-foundation payout rules, Stephen J Machuta Scholarship Trust reported a distributable amount of $104K for 2024 — the minimum it must pay out in qualifying distributions.

About Stephen J Machuta Scholarship Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $150K (100%)

States

Pennsylvania

Cities

Loretto

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$1,869,360	$1,764,804
Revenue	$208,342	$133,840
Expenses	$104,721	$120,516
Qualifying Distributions	$90,001	$105,023
Net Investment Income	$194,047	$121,220
Distributable Amount	$103,867	$95,245

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Francis University ($70,341).

Recipient	Purpose	Amount
ST FRANCIS UNIVERSITY LORETTO, PA	SCHOLARSHIPS	$70,341

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	TRUSTEE	2	$32,448

Frequently Asked Questions

How large is Stephen J Machuta Scholarship Trust?

As of 2024, Stephen J Machuta Scholarship Trust holds $1.9M in total assets with $208K in annual revenue. It awarded 1 grants totaling $70K in 2024.

Where does Stephen J Machuta Scholarship Trust operate?

Stephen J Machuta Scholarship Trust has awarded grants in Pennsylvania.

What size grants does Stephen J Machuta Scholarship Trust award?

In 2024, Stephen J Machuta Scholarship Trust awarded 1 grants totaling $70K — an average of about $70K per grant, based on its IRS Form 990 filings.

How much is Stephen J Machuta Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Stephen J Machuta Scholarship Trust reported a distributable amount of $104K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Stephen J Machuta Scholarship Trust's EIN?

Stephen J Machuta Scholarship Trust's EIN (Employer Identification Number) is 30-6676155. IRS Form 990 filing data is available on this page for 2023–2024.