Froman Scholarship Trust
Preselected recipients only
Froman Scholarship Trust is a private foundation in Evansville, Indiana. In tax year 2025 it gave $4,000 in 4 grants; the typical grant was $1,000 and the largest $1,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$4,000
- Number of grants4
- Typical grant$1,000
- Largest grant$1,000
- Assets$204,938
- New grantees25%
Giving in 2025 was up from $3,000 the year before.
25% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $4,000 | 4 | $168,063 |
| 2024 | $3,000 | 3 | $185,461 |
| 2025 | $4,000 | 4 | $204,938 |
How to apply
Froman Scholarship Trust says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Froman Scholarship Trust funds
Where it gives
Its grants went to recipients in 2 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 2 | $2,000 |
| Kentucky | 2 | $2,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| University of Illinois Student - Ivan Holt | Scholarships | $1,000 |
| Wabash Valley College Student - Jaden Heinrich | Scholarships | $1,000 |
| Murray State University Student - Camryn Strine | Scholarships | $1,000 |
| University of Kentucky Student - Avery Swift | Scholarships | $1,000 |
Officers and trustees
- Old National Wealth Management
Questions people ask
Does Froman Scholarship Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Froman Scholarship Trust give?
$4,000 in tax year 2025, across 4 grants, with a typical grant of $1,000.
Who runs Froman Scholarship Trust?
Its 2025 filing lists Old National Wealth Management (Trustee).
What does Froman Scholarship Trust fund?
Based on its grants, mainly education.