The Denise Lugar Scholarship Fund
The Denise Lugar Scholarship Fund is a private foundation, based in RED BANK, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $80K in total assets. In 2025, it awarded 1 grants totaling $4K. Net investment income was $5K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$80K
+4.6% YoY
Annual Giving
$4K
+2.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$4K
+2.7% YoY
Under IRS private-foundation payout rules, The Denise Lugar Scholarship Fund reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.
About The Denise Lugar Scholarship Fund
Based on IRS filings
The Denise Lugar Scholarship Fund is a private foundation, based in RED BANK, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $80K in total assets. In 2025, it awarded 1 grants totaling $4K. Net investment income was $5K.
Ready to take the next step with The Denise Lugar Scholarship Fund?
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 | $79,530 | $76,034 | $75,789 |
| Revenue | $7,067 | $4,126 | $4,596 |
| Expenses | $3,875 | $3,881 | $3,959 |
| Qualifying Distributions | $3,825 | $3,750 | $3,702 |
| Net Investment Income | $5,492 | $3,039 | $3,166 |
| Distributable Amount | $4,131 | $3,843 | $4,477 |
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 Alana Dandurand ($3,800).
| Recipient | Purpose | Amount |
|---|---|---|
| ALANA DANDURAND PENNINGTON, NJ | COLLEGE SCHOLARSHIP | $3,800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PATRICIA LUGAR | Trustee | — | — |
| FRED KIRK LUGAR | Trustee | — | — |
| DENISE BARRETT HARSCH | Trustee | — | — |
| JOHN A HARSCH | Trustee | — | — |
| RAYMOND ABBATE | Trustee | — | — |
| MARK GOLA | Trustee | — | — |
| MARY GUISEPPE WALLACE | Trustee | — | — |
| KAREN SCHMUTZ | Trustee | — | — |
| MATTHEW H LUGAR | Trustee | — | — |
| SARAH J LUGAR | Trustee | — | — |
| BRAD CURRIE | Trustee | — | — |
| JOHN F HARSCH | Trustee | — | — |
Frequently Asked Questions
How large is The Denise Lugar Scholarship Fund?
As of 2025, The Denise Lugar Scholarship Fund holds $80K in total assets with $7K in annual revenue. It awarded 1 grants totaling $4K in 2025.
Where does The Denise Lugar Scholarship Fund operate?
The Denise Lugar Scholarship Fund has awarded grants in New Jersey.
What size grants does The Denise Lugar Scholarship Fund award?
In 2025, The Denise Lugar Scholarship Fund awarded 1 grants totaling $4K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Denise Lugar Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Denise Lugar Scholarship Fund reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Denise Lugar Scholarship Fund's EIN?
The Denise Lugar Scholarship Fund's EIN (Employer Identification Number) is 22-3088810. 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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