Stump Memorial Scholarship Fund
Stump Memorial Scholarship Fund is a private foundation, based in MATTOON, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $696K in total assets. In 2025, it awarded 1 grants totaling $30K. Net investment income was $35K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$696K
-1.7% YoY
Annual Giving
$30K
-1.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$30K
-1.6% YoY
Under IRS private-foundation payout rules, Stump Memorial Scholarship Fund reported a distributable amount of $64K for 2025 — the minimum it must pay out in qualifying distributions.
About Stump Memorial Scholarship Fund
Based on IRS filings
Stump Memorial Scholarship Fund is a private foundation, based in MATTOON, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $696K in total assets. In 2025, it awarded 1 grants totaling $30K. Net investment income was $35K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $696,351 | $708,638 | $510,505 |
| Revenue | $56,658 | $236,505 | $75,821 |
| Expenses | $68,945 | $38,372 | $96,911 |
| Qualifying Distributions | $43,601 | $33,348 | $82,638 |
| Net Investment Income | $34,732 | $226,752 | $59,064 |
| Distributable Amount | $64,143 | $62,237 | $64,175 |
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 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include See Attached Schedule ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED SCHEDULE MATTOON, IL | SCHOLARSHIP | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WASHINGTON SAVINGS BANK | TRUSTEE | 4 | $31,002 |
Frequently Asked Questions
How large is Stump Memorial Scholarship Fund?
As of 2025, Stump Memorial Scholarship Fund holds $696K in total assets with $57K in annual revenue. It awarded 1 grants totaling $30K in 2025.
Where does Stump Memorial Scholarship Fund operate?
Stump Memorial Scholarship Fund has awarded grants in Illinois.
What size grants does Stump Memorial Scholarship Fund award?
In 2025, Stump Memorial Scholarship Fund awarded 1 grants totaling $30K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is Stump Memorial Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Stump Memorial Scholarship Fund reported a distributable amount of $64K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Stump Memorial Scholarship Fund's EIN?
Stump Memorial Scholarship Fund's EIN (Employer Identification Number) is 37-6064295. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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