The Ross Loan Fund
EIN 236262609 Private Foundation
Possibly inactive.
Last 990-PF filing on record is from 2023
(3 years ago). Verify before investing time in an application.
Total Given 2022–2023
$518K
2 grants · $259K avg/year
based on 2 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$259K
typical big bets · $172K–$346K
grant size
100%
deep partner · 1/1 multi-year
repeat
$3.8M
Assets (2023)
1
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
THE JANE R ROSS TRUST
Phone
(717) 240-4562
Deadlines
APPLICATIONS RECEIVED PRIOR TO MARCH 31 WILL RECEIVE A CREDIT DECISION IN APRIL.
How to Apply
THE ENTITY HAS DEVELOPED A STANDARD ONLINE APPLICATION THROUGH CAMPUS DOOR HOLDINGS, INC. APPLICATION QUESTIONS FOR THE APPLICANT INCLUDE BORROW/COSIGNER DEMOGRAPHIC INFORMATION, BORROWER ENROLLMENT AND LOAN REQUEST DATA; BORROWER/COSIGNER EMPLOYMENT AND INCOME INFORMATION, AND REFERENCE INFORMATION.
Restrictions
BORROWER MUST BE A GRADUATE OF THE CHAMBERSBURG AREA SCHOOL DISTRICT OR OTHER SECONDARY SCHOOL IN FRANKLIN COUNTY, PA. BORROWER MUST BE ENROLLED AT LEAST PART TIME AT AN ELIGIBLE SCHOOL DEFINED AS ANY COLLEGE OR PROFESSIONAL SCHOOL ON THE U.S. DEPARTMENT OF EDUCATION DATABASE OF ACCREDITED POSTSECONDARY INSTITUTIONS AND PROGRAMS OR ANY DEGREE GRANTING INSTITUTE OF HIGHER LEARNING APPROVED BY THE PENNSYLVANIA STATE DEPARTMENT OF EDUCATION. BORROWER AND COSIGNER MUST BE EITHER A US CITIZEN OR A PERMANENT RESIDENT ALIEN. BORROWER AND COSIGNER MUST BE THE AGE OF MAJORITY IN THEIR STATE OF RESIDENCE. BORROWER MUST HAVE AN ANNUAL INCOME OF AT LEAST $15,000 IF THERE IS NO COSIGNER. BOTH BORROWER AND COSIGNER ARE SUBJECT TO CREDIT APPROVAL BASED ON REQUIREMENTS INCLUDED IN THE APPLICATION PACKAGE. THE MINIMUM LOAN AMOUNT IS $500 AND THE MAXIMUM IS $25,000. THERE IS A LIFETIME AGGREGATE BORROWING LIMIT OF $100,000.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | N/A | $4.4M | $135K | N/A |
| 2018 | N/A | $4.6M | $157K | N/A |
| 2019 | N/A | $4.1M | $313K | N/A |
| 2020 | N/A | $4.2M | $123K | N/A |
| 2021 | N/A | $3.0M | $177K | N/A |
| 2022 | $433K | $3.7M | $117K | 1 |
| 2023 | $84K | $3.8M | $151K | 1 |
Grant Size Distribution
Based on 2 grants on record
Minimum
$84K
25th Pctl
$172K
Median
$259K
Average
$259K
75th Pctl
$346K
Maximum
$433K
Geographic Distribution
Officers & Directors
WC
Wilmington Trust Company
7+ yrs
Trustee
WC
Wilmington Trust Company
7+ yrs
Trustee
WC
Wilmington Trust Company
7+ yrs
Trustee
WC
Wilmington Trust Company
7+ yrs
Trustee
WC
Wilmington Trust Company
7+ yrs
Trustee
WC
Wilmington Trust Company
7+ yrs
Trustee
WC
Wilmington Trust Company
7+ yrs
Trustee
Grants Awarded (2 total)
| Purpose | ||||
|---|---|---|---|---|
| Foundation for Enhancing Communities | Harrisburg, PA | $433,467 | GENERAL CONTRIBUTION FOR COMMUNITY | 2022 |
| Foundation for Enhancing Communities | Harrisburg, PA | $84,322 | GENERAL CONTRIBUTION FOR COMMUNITY | 2023 |