Funder DirectoryVERL I BROOKS SCHOLARSHIP
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Private foundation (trust)EIN 363967580Est. 1994-09

VERL I BROOKS SCHOLARSHIP

GALESBURG, IL 614020967

Accepts unsolicited proposals

Total Assets

$2.6M

FY 2023

Annual Giving

$111K

FY 2023

Grants Made

17

FY 2023

Avg Grant

$7K

FY 2023

Grant Range

$925–$22K

Typical

Deadlines

June 1st of each year

Applications

Programs & Activities

Program 1

Charitable activities for scholarship grants are limited to the provision of qualified students pursuant to the terms of the trust document. 16 scholarships were paid totaling 104,947.

Program 2

Charitable activities for community improvement grants are limited to grants provided to a unit of government within the rivoli township. 1 grant was approved for the fiscal year totaling 6,132.

Financial Snapshot

2023 filing

Total Revenue

$197K

Total Expenses

$143K

Qualifying Distributions

$130K

Distributable Amount

$127K

Min. Investment Return

$130K

Undistributed Income

$46K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

17 grants

Grant sizes from minimum $925 through median $6K to maximum $22K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2018 to 2023. Peak $111K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

113 grants

WILSON ALEX
$32K
3 grants
HATLESTAD KATELIN
$29K
4 grants
KAUR HARSIMRAN
$23K
5 grants
STREETER COLTON
$22K
3 grants
COOPER TAELOR
$21K
3 grants
HATLESTAD BRITTANY
$19K
3 grants
MOLBERG EMMA
$17K
4 grants
ERNST CARLEE KNESS
$17K
4 grants

Grant Size Distribution

113 grants

<$10K
109
grants
$10–50K
4
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

3 states

Illinois
$463K
96% of total
Minnesota
$17K
4% of total
Arkansas
$1K
0% of total

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VERL I BROOKS SCHOLARSHIP — Grants, Financials & Contact | Grantivo