Edgar & Lucile Schergens Foundation Inc
TELL CITY, IN EIN: 35-1848445
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$7.7M
+14.0% YoY
Annual Giving
$376K
+31.5% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$188K
+31.5% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,687,559 | $6,742,435 | $6,893,377 |
| Revenue | $1,493,933 | $147,882 | $222,582 |
| Expenses | $383,069 | $298,824 | $437,676 |
| Qualifying Distributions | $376,068 | $286,018 | $315,411 |
| Net Investment Income | $1,439,497 | $174,131 | $123,963 |
| Distributable Amount | $363,775 | $344,279 | $365,943 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Edgar & Lucile Schergens Foundation Inc fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| William Borders | President | 1 | — |
| Karen Werner | Vice President | 1 | — |
| Kristi Applegate | Treasurer | 1 | — |
| Anjan Kashyab | Board Member | 1 | — |
| Patrick Borders | Board Member | 1 | — |
| Mary Jo Borders | Board Member | 1 | — |
| Derrick Lawalin | Board Member | 1 | — |
| Missy Noble | Board Member | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Indiana $1.6M (98%)
Kentucky $18K (1%)
California $9K (1%)
Texas $9K (1%)
Oklahoma $5K (0%)
Cities
BloomingtonCanneltonDallasEvansvilleGreencastleIndianapolisLeopoldLouisvilleMurrayStanfordTell CityTulsaVariousVincennesWest Lafayette
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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