Richard & Betty Heiser Scholarship Trust
Preselected recipients only
Richard & Betty Heiser Scholarship Trust is a private foundation in South Bend, Indiana. In tax year 2025 it gave $54,250 in 41 grants; the typical grant was $1,000 and the largest $2,500. 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$54,250
- Number of grants41
- Typical grant$1,000
- Largest grant$2,500
- Assets$1.2 million
Giving in 2025 was up from $52,500 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $57,500 | 48 | $1.1 million |
| 2024 | $52,500 | 45 | $1.2 million |
| 2025 | $54,250 | 41 | $1.2 million |
How to apply
Its grants go to individuals, not organizations. Every grant in its 2025 filing was paid to an individual (for example a scholarship or assistance with costs), so it is not a funding prospect for a nonprofit.
Richard & Betty Heiser 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 Richard & Betty Heiser Scholarship Trust funds
Where it gives
Its grants went to recipients in 2 states, the most to Indiana.
| State | Grants | Amount |
|---|---|---|
| Indiana | 40 | $53,250 |
| Kentucky | 1 | $1,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | Scholarship | $2,500 |
| Individual | Scholarship | $2,500 |
| Individual | Scholarship | $2,500 |
| Individual | Scholarship | $2,500 |
| Individual | Scholarship | $2,000 |
| Individual | Scholarship | $2,000 |
| Individual | Scholarship | $2,000 |
| Individual | Scholarship | $2,000 |
| Individual | Scholarship | $2,000 |
| Individual | Scholarship | $2,000 |
| Individual | Scholarship | $2,000 |
| Individual | Scholarship | $2,000 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $750 |
| Individual | Scholarship | $500 |
| Individual | Scholarship | $500 |
| Individual | Scholarship | $500 |
| Individual | Scholarship | $500 |
| Individual | Scholarship | $500 |
| Individual | Scholarship | $500 |
| Individual | Scholarship | $500 |
Officers and trustees
- Jacob Singleton Principal
- Joella Depra
- 1st Source Bank
- Mitch Mawhorter
Questions people ask
Does Richard & Betty Heiser Scholarship Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Richard & Betty Heiser Scholarship Trust give?
$54,250 in tax year 2025, across 41 grants, with a typical grant of $1,000.
Who runs Richard & Betty Heiser Scholarship Trust?
Its 2025 filing lists Jacob Singleton Principal (Committee Member), Joella Depra (Committee Member), 1st Source Bank (Trustee) and Mitch Mawhorter (Committee Member).
What does Richard & Betty Heiser Scholarship Trust fund?
Based on its grants, mainly education.