Switzer Scholarship Fund

NORMAL, IL EIN: 59-6785090

Switzer Scholarship Fund is a private foundation focused on Education, based in NORMAL, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $335K in total assets. In 2024, it awarded 1 grants totaling $17K. Net investment income was $62K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$335K

+15.3% YoY

Annual Giving

$17K

-50.0% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$17K

+50.0% YoY

About Switzer Scholarship Fund

Based on IRS filings

Switzer Scholarship Fund is a private foundation focused on Education, based in NORMAL, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $335K in total assets. In 2024, it awarded 1 grants totaling $17K. Net investment income was $62K.

Focus Areas

Ready to take the next step with Switzer Scholarship Fund?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AmesCedar FallsCharlestonDixonGalesburgGlen EllynJacksonvilleMinneapolisNormalOglesbyPeoriaPlattevilleRockford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$49K$74K$98K20202021202220232024
Metric202420232022
Total Assets$335,248$290,881$330,329
Revenue$81,082$13,116$-8,309
Expenses$36,876$52,472$55,587
Qualifying Distributions$17,983$48,366$49,552
Net Investment Income$62,207$7,852$2,506
Distributable Amount$15,618$16,719$18,704

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$24K$36K$48K6 grants20202 grants20214 grants20223 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

IOWA STATE UNIVERSITY$17K

Grant Size Distribution

16 grants across all recorded years

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BANK OF AMERICATRUSTEE$3KHEARTLAND BANK TRUST…TRUSTEE$2K

From 2024 filing

NameTitleHoursCompensation
BANK OF AMERICATRUSTEE1$2,791
HEARTLAND BANK TRUST COMPANYTRUSTEE1$1,961

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Switzer Scholarship Fund on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities