Victor and Lois Malcom Scholarship Trust

NORMAL, IL EIN: 04-7021597

Victor and Lois Malcom Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORMAL, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $391K in total assets. In 2024, it awarded 1 grants totaling $48K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$391K

-11.4% YoY

Annual Giving

$48K

+500.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$48K

+500.0% YoY

About Victor and Lois Malcom Scholarship Trust

Based on IRS filings

Victor and Lois Malcom Scholarship Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORMAL, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $391K in total assets. In 2024, it awarded 1 grants totaling $48K. Net investment income was $11K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

El Paso

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17K$34K$52K$69K202220232024
Metric202420232022
Total Assets$390,889$441,309$406,999
Revenue$12,142$45,879$19,178
Expenses$62,562$11,569$11,513
Qualifying Distributions$50,005$9,707$11,513
Net Investment Income$11,477$44,187$12,219
Distributable Amount$19,923$19,348$19,828

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$24K$36K$48K1 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

KIWANIS CLUB OF EL PASO …$48K

Grant Size Distribution

3 grants across all recorded years

3<$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

HEARTLAND BANK TRUST…TRUSTEE$3K

From 2024 filing

NameTitleHoursCompensation
HEARTLAND BANK TRUST COTRUSTEE0.5$3,329

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.

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