Testamentary Trust Under Will of Jay R Purdy
Testamentary Trust Under Will of Jay R Purdy is a private foundation focused on Education, based in West Union, OH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.7M in total assets. In 2025, it awarded 11 grants totaling $101K. Net investment income was $166K.
Key facts about Testamentary Trust Under Will of Jay R Purdy
In short: Testamentary Trust Under Will of Jay R Purdy gave $101K across 11 grants in 2025 (avg $9K), mostly in Kentucky. 27% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 83-6136945
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $101,000
- Grants made (2025)
- 11
- Average grant
- $9,182
- Median grant
- $7,000
- New grantees (estimate)
- 27% first-time grantees (3 of 11, 2025)
- Total assets
- $2,712,921
- Primary geography
- Kentucky (65% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.7M
+8.7% YoY
Annual Giving
$101K
+2.0% YoY
Grant Count
11
+0.0% YoY
Avg Grant Size
$9K
+2.0% YoY
Under IRS private-foundation payout rules, Testamentary Trust Under Will of Jay R Purdy reported a distributable amount of $126K for 2025 — the minimum it must pay out in qualifying distributions.
Is Testamentary Trust Under Will of Jay R Purdy open to new grantees?
27%
first-time grantees, 2025
In 2025, 3 of 11 grantees (27%) were first-time recipients. First grants averaged $4K; repeat grants $11K. How we count
Medians: $3K first-time, $7K repeat.
- 73% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−13%). Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 11 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
52 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MOREHEAD STATE UNIVERSITY Morehead, KY | SCHOLARSHIP | $31,000 |
| MAYSVILLE COMMUNITY & TECHNICAL COLLEGE Maysville, KY | SCHOLARSHIP | $17,000 |
| NORTHERN KENTUCKY UNIVERSITY Highland Heights, KY | SCHOLARSHIP | $13,000 |
| FLORIDA SOUTHERN COLLEGE Lakeland, FL | SCHOLARSHIP | $7,000 |
| UNIVERSITY OF RIO GRANDE Rio Grande, OH | SCHOLARSHIP | $7,000 |
| WILMINGTON COLLEGE Cincinnati, OH | SCHOLARSHIP | $7,000 |
| SHAWNEE STATE UNIVERSITY Portsmouth, OH | SCHOLARSHIP | $6,000 |
| XAVIER UNIVERSITY Cincinnati, OH | SCHOLARSHIP | $6,000 |
| KENTUCKY CHRISTIAN UNIVERSITY Grayson, KY | SCHOLARSHIP | $2,500 |
| LINDSEY WILSON UNIVERSITY Columbia, KY | SCHOLARSHIP | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,712,921 | $2,495,742 | $2,341,147 |
| Revenue | $188,003 | $155,002 | $83,633 |
| Expenses | $142,083 | $162,390 | $115,434 |
| Qualifying Distributions | $121,828 | $116,215 | $112,000 |
| Net Investment Income | $165,994 | $136,794 | $79,565 |
| Distributable Amount | $126,387 | $121,532 | $114,948 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Testamentary Trust Under Will of Jay R Purdy's 2025 filing lists 6 officers; 2 of 6 officers listed in 2025 are compensated.
Officers on the 2025 filing
Lori Highlander
Trustee
Director → Trustee, 2021
On filings since 2020
12 hrs/week
$28K (2024) → $14K (2025)
David Grimes
Trustee
On filings since 2022
0.5 hrs/week
$28K (2024) → $14K (2025)
Jamie Wilkins
Committee Member
Director → Committee Member, 2025
On filings since 2020
0.5 hrs/week
No compensation reported
Debby Pfeffer
Committee Member
Director → Committee Member, 2025
On filings since 2021
0.5 hrs/week
No compensation reported
Daniel Dragoo
Committee Member
Director → Committee Member, 2025
On filings since 2022
0.5 hrs/week
No compensation reported
Jill Benintendi
Committee Member
Director → Committee Member, 2025
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (3)
- Former: Jazz Osman (2021–2024) — Director
- Former: Kristi Scott (2021–2024) — Director · Filing note: Resigned in 2022
- Former: Michael S Pfeffer (2020–2022) — Trustee · Filing note: Resigned in 202
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
Frequently asked questions about Testamentary Trust Under Will of Jay R Purdy
How much does Testamentary Trust Under Will of Jay R Purdy give each year?
Testamentary Trust Under Will of Jay R Purdy gave $101K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $99K across 11 grants.
What is Testamentary Trust Under Will of Jay R Purdy's typical grant size?
Testamentary Trust Under Will of Jay R Purdy's median grant in 2025 was $7,000, and its average grant was $9,182, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Testamentary Trust Under Will of Jay R Purdy that year got $4K on average.
Where does Testamentary Trust Under Will of Jay R Purdy give grants?
Testamentary Trust Under Will of Jay R Purdy gives mostly in Kentucky: 65% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Ohio (28%) and Florida (7%). The most frequent recipient cities were Cincinnati, OH (2 grants).
Does Testamentary Trust Under Will of Jay R Purdy give general operating support?
Not in 2025: none of the 11 grants with a stated purpose on Testamentary Trust Under Will of Jay R Purdy's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (11 grants).
Who are Testamentary Trust Under Will of Jay R Purdy's largest grantees?
Testamentary Trust Under Will of Jay R Purdy's largest 2025 grantees include Morehead State University ($31,000), Maysville Community & Technical College ($17,000) and Northern Kentucky University ($13,000), according to its 2025 IRS Form 990-PF. Together they received 60% of its itemized 2025 grant dollars.
How large is Testamentary Trust Under Will of Jay R Purdy?
Testamentary Trust Under Will of Jay R Purdy reported $2.7M in total assets on its 2025 IRS Form 990-PF. It paid out $122K in qualifying distributions that year, against a required minimum of $126K (roughly 5% of its investment assets).
What is Testamentary Trust Under Will of Jay R Purdy?
Testamentary Trust Under Will of Jay R Purdy is a private foundation focused on Education, based in West Union, OH. It holds $2.7M in total assets as of 2025.
What is Testamentary Trust Under Will of Jay R Purdy's EIN?
Testamentary Trust Under Will of Jay R Purdy's EIN (Employer Identification Number) is 83-6136945. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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