NonprofitsLeora And Carlton Hutton Trust

Leora And Carlton Hutton Trust

EVANSVILLE, IN

Total revenue

$109K

Total expenses

$78K

Net assets

$1.5M

Grants received

EIN

237452614

Tax year

2024

Mission

To provide scholarships to graduating seniors from zionsville community high school (located in boone county, indiana) who will be attending a university, junior college, business school or trade school. The purpose of the trust is to create for students of zionsville community high school an opportunity to fund their higher education through the use of the income and corpus of this trust. All scholarship funds are paid by the institutional trustee directly to such accredited institutions of higher learning for the benefit of an individual recipient's tuition, room and board. No payments are made to the individual recipients personally. Any student at zionsville community high school is eligible to apply for the scholarship so long as a current or former resident of eagle township or _s the individual recipients to participate in the scholarship program. The trust committee is comprised of up to five members, including the principal of zionsville community high school (permanently); th

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$109K
Other revenue
Total revenue$109K

Expenses

Grants paid$57K
Salaries & benefits$20K
Fundraising
Other expenses$1K
Total expenses$78K
Total assets$1.5M
Net assets$1.5M

People

1 listed

NameRoleCompensation

OLD NATIONAL WEALTH MANAGEMENT

TRUSTEE

Board

$20K

1 hrs/wk

Details

EIN237452614
Subsection03
Ruling date1975-10
Formed1975
Employees0
Volunteers4
LEORA AND CARLTON HUTTON TRUST — Mission, Financials & Grants Received | Grantivo