Martin Jacob Scholarship Fund

Organization Overview

Martin Jacob Scholarship Fund is located in Covington, IN. The organization was established in 2017. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Martin Jacob Scholarship Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Martin Jacob Scholarship Fund generated $13.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $50.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Martin Jacob Scholarship Fund has awarded 42 individual grants totaling $122,960. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $121
Dividends & Interest $13,733
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $5,698
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $13,854

Grants Awarded

Over the last fiscal year, Martin Jacob Scholarship Fund has awarded $39,000 in support to 13 organizations.

Grant RecipientAmount

ISABELLA LYNCH

PURPOSE: SCHOLARSHIP

$3,000

TAYLOR YORK

PURPOSE: SCHOLARSHIP

$3,000

AUSTIN PICKETT

PURPOSE: SCHOLARSHIP

$3,000

KARSYN ENGLE

PURPOSE: SCHOLARSHIP

$3,000

TYLEIGH CATES

PURPOSE: SCHOLARSHIP

$3,000

KERAGAN TOWNSEND

PURPOSE: SCHOLARSHIP

$3,000
View Grant Profile

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