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Nonprofit · EIN 35-1938040

MARY K GARR SCHOLARSHIP FOUNDATION

Tax-exempt · MUNCIE, IN 47305

Financials

$78K$128K2023$796K$109K2024$130K$126K2025
Revenue Expenses · by fiscal year end
Financials of MARY K GARR SCHOLARSHIP FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$129,756$126,052$3,704$1,931,310$0$1,931,310
December 31, 2024990-PF$796,470$108,565$687,905$1,926,211$0$1,926,211
December 31, 2023990-PF$77,543$128,041-$50,498$1,239,701$0$1,239,701
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$61,684
Net gain from sales of assets
$68,072

Expenses

Grants and similar amounts paid
$76,832
Compensation of officers, directors and key employees
$25,737
Disbursements for charitable purposes
$97,118
Excise tax on investment income
$1,688

Balance sheet and other

Total assets, start of year
$1,926,211
Total assets, end of year
$1,931,310
Total liabilities, end of year
$0
Net assets, end of year
$1,931,310
Fair market value of assets
$2,253,851
Qualifying distributions
$97,118
Net investment income
$129,756

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
FIRST MERCHANTS PRIVATE WEALTH ADVI ORS
200 EAST JACKSON STREET, MUNCIE, IN 47305
TRUSTEE1$25,737
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
FIRST MERCHANTS PRIVATE WEALTH ADVI ORS
200 EAST JACKSON STREET, MUNCIE, IN 47305
TRUSTEE1$24,955
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
FIRST MERCHANTS PRIVATE WLTH ADVISO
200 EAST JACKSON STREET, MUNCIE, IN 47305
TRUSTEE1$23,458

Address and contacts

Address (IRS master file)
200 E JACKSON ST, MUNCIE, IN 47305-2835
In care of
% FIRST MERCHANTS BK NA TTEE
Signed the 990-PF
FIRST MERCHANT PWA, FID. TAX MGR
Phone
(765) 747-1500
Return prepared by
KSM BUSINESS SERVICES INC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
35-1938040
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1995
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,931,310
Income (IRS master file)
$400,514

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$129,756$126,052$1,931,310IRS
990-PFDecember 2024$796,470$108,565$1,926,211XML
990-PFDecember 2023$77,543$128,041$1,239,701XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1938040).

Questions about MARY K GARR SCHOLARSHIP FOUNDATION

What is the EIN of MARY K GARR SCHOLARSHIP FOUNDATION?
The employer identification number (EIN) of MARY K GARR SCHOLARSHIP FOUNDATION is 35-1938040.
Is MARY K GARR SCHOLARSHIP FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to MARY K GARR SCHOLARSHIP FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MARY K GARR SCHOLARSHIP FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MARY K GARR SCHOLARSHIP FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARY K GARR SCHOLARSHIP FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of MARY K GARR SCHOLARSHIP FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $25,737 (FIRST MERCHANTS PRIVATE WEALTH ADVI ORS, TRUSTEE).
How much revenue does MARY K GARR SCHOLARSHIP FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $129,756, expenses of $126,052 and total assets of $1,931,310 at year end.

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