Private Foundation · IN · Private Independent Foundations
Martha J Shafer Charitable Scholarship Tr
Greenfield, IN · EIN 477291495 · Website (ProPublica) ↗ · 990s on ProPublica ↗
Assets
$748K
Total Giving
$58K
Grants on File
12
Average Grant
$5K
Giving Radius
Where Martha J Shafer Charitable Scholarship Tr Has Given
Section I
How to Apply
Application, copy of most recent educational transcript, typed letter stating goals for education and future, letter of recommendation from current employer, letter of recommendation from community leader (may be pastor, attorney, business owner, civic leader), copy of last year's tax returns for applicant.
On Unsolicited Proposals yes
Restrictions
Individual beginning or continuing post-secondary educational studies. May be beginning initial educational pursuits after being in the work force, education for a new career path due to downsizing, or pursuing education of a different nature in order to reenter the work force after an absence. Not for first-year high school graduates. Must need financial aid and be a resident of Henry County, Indiana.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| New Castle, IN | $6K | 2020 |
| New Castle, IN | $6K | 2021 |
| New Castle, IN | $2K | 2021 |
| New Castle, IN | $5K | 2021 |
| New Castle, IN | $3K | 2021 |
| New Castle, IN | $10K | 2022 |
| New Castle, IN | $2K | 2022 |
| New Castle, IN | $3K | 2022 |
| New Castle, IN | $10K | 2023 |
| New Castle, IN | $4K | 2023 |
| New Castle, IN | $3K | 2023 |
| New Castle, IN | $6K | 2023 |
12 grants total
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $752K | $47K | $20K | $43K |
| 2022 | $775K | $43K | $201K | $32K |
| 2021 | $606K | $50K | $21K | $38K |
| 2020 | $623K | $44K | $40K | $23K |
| 2019 | $606K | $43K | $32K | $40K |
Section VII
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