William Howard Parks Scholarship Tr
William Howard Parks Scholarship Tr is a private foundation based in North Manchester, Indiana. Its 2024 filing reports grants to individual recipients for college scholarships, and its 2023 filing describes scholarship eligibility for Carroll Jr-Sr High School seniors and current scholarship recipients seeking renewal.
William Howard Parks Scholarship Tr at a glance
In short: William Howard Parks Scholarship Tr gave $71K across 21 grants in 2024 (avg $3K), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $71,061
- -10.4% vs 2023
- Grants made (2024)
- 21
- +10.5% vs 2023
- Average grant
- $3,384
- -19.0% vs 2023
- Median grant
- $2,500
- Total assets
- $1,510,918
- +3.0% vs 2023
- Primary geography
- Indiana (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to William Howard Parks Scholarship Tr
- Contact
Application contact: Wealth Mngt Office
Mailing address: First Financial Bank, 4 E Main St, Flora, IN 46929
Phone: (888) 452-1744
Email: mallory.sanders@bankatfirst.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who William Howard Parks Scholarship Tr funds
How this funder distributes its grants
Grant Size Distribution
90 grants across all recorded years
The most common grant size was under $50K: 90 grants of 90 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to recipients in Indiana.
Grant Distribution by State
Share of 2024 grant dollars across all 21 itemized grants.
States
Cities
How William Howard Parks Scholarship Tr gives
- Giving held roughly steady from 2021 to 2024 (−10%). Method
- In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $71K (2024) to $88K (2022). In 2024 it made 21 grants totaling $71K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 21 individual scholarships Recipients not named | — | $71,061 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,510,918 | $142,367 | $98,617 | $71,061 | 21 | $83,125 | $126,875 | $87,369 |
| 2023 | $1,467,168 | $30,934 | $107,293 | $79,339 | 19 | $90,696 | $31,275 | $84,795 |
| 2022 | $1,543,639 | $131,896 | $124,008 | $88,259 | 16 | $105,800 | $113,688 | $92,811 |
| 2021 | $1,535,751 | $118,903 | $106,741 | $78,965 | 18 | — | $103,638 | $99,225 |
| 2020 | $1,523,589 | $70,237 | $106,852 | $82,249 | 16 | — | $56,887 | $86,099 |
Under IRS private-foundation payout rules, William Howard Parks Scholarship Tr reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement is provided. The 2024 grants were for college scholarships. The 2023 filing’s eligibility rules cover full-time study in a baccalaureate or vocational course at an accredited public or private college, university, or vocational school.
Grantmaking
In 2024, the foundation gave 21 grants totaling $71,061. Grant amounts ranged from $1,000 to $9,200, with a median of $2,500. The listed grants were to individual recipients for college scholarships.
The 2023 filing says applications were available in the guidance office at Carroll Jr-Sr High School. It lists application materials including personal and family information, community, work, and school activities, two recommendation forms and letters, academic certification, student and parent or guardian certifications, and a career and ability essay outline. Applicants were also required to include an official school transcript with SAT and/or ACT scores and a FAFSA SARS report on expected family contribution.
The filing’s eligibility rules say applicants must be Carroll Jr-Sr High School seniors graduating by the end of that academic year’s summer school, or current scholarship recipients seeking renewal. They must be accepted as full-time students in an eligible baccalaureate or vocational course of study, with studies beginning no later than the following fall, and submit a completed application to the school’s main office. The rules also exclude applicants related in specified ways to a member of the scholarship selection committee. The filing lists March 15 as the deadline and separately requires submission by the third Friday in March. These are past-cycle instructions, not a current application notice.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists First Financial Bank as trustee.
William Howard Parks Scholarship Tr's only listed officer is First Financial Bank, Trustee on every filing since 2020 (compensated).
Officers on the 2024 filing
First Financial Bank
Trustee
On filings since 2020
4 hrs/week
$22K (2020) → $23K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $23K, to First Financial Bank (Trustee).
Frequently asked questions about William Howard Parks Scholarship Tr
How much does William Howard Parks Scholarship Tr give each year?
William Howard Parks Scholarship Tr gave $71K across 21 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $79K across 19 grants.
What is William Howard Parks Scholarship Tr's typical grant size?
William Howard Parks Scholarship Tr's median grant in 2024 was $2,500, and its average grant was $3,384, across 21 grants on its 2024 IRS Form 990-PF.
Where does William Howard Parks Scholarship Tr give grants?
William Howard Parks Scholarship Tr gives mostly in Indiana: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does William Howard Parks Scholarship Tr give general operating support?
Not in 2024: none of the 21 grants with a stated purpose on William Howard Parks Scholarship Tr's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "College Scholarship" (21 grants).
How large is William Howard Parks Scholarship Tr?
William Howard Parks Scholarship Tr reported $1.5M in total assets on its 2024 IRS Form 990-PF. It paid out $83K in qualifying distributions that year, against a required minimum of $87K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does William Howard Parks Scholarship Tr fund?
No mission statement is provided. The 2024 grants were for college scholarships. The 2023 filing’s eligibility rules cover full-time study in a baccalaureate or vocational course at an accredited public or private college, university, or vocational school. See mission & focus areas ↑
How do I apply for a grant from William Howard Parks Scholarship Tr?
William Howard Parks Scholarship Tr has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is William Howard Parks Scholarship Tr's EIN?
William Howard Parks Scholarship Tr's EIN (Employer Identification Number) is 46-6355255. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 30, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 22, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 8, 2025)
- IRS filings on file for fiscal years 2020–2024
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