Ben Carson and Verna Carson Scholarship Trust

NEW ULM, MN EIN: 87-6257731

Ben Carson and Verna Carson Scholarship Trust is a private foundation, based in NEW ULM, MN. IRS filing data is available from 2021 through 2023. In 2023, it awarded 4 grants totaling $2K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$2K

-91.8% YoY

Grant Count

+300.0% YoY

Avg Grant Size

$606.25

-97.9% YoY

Under IRS private-foundation payout rules, Ben Carson and Verna Carson Scholarship Trust reported a distributable amount of $149 for 2023 — the minimum it must pay out in qualifying distributions.

About Ben Carson and Verna Carson Scholarship Trust

Based on IRS filings

Ben Carson and Verna Carson Scholarship Trust is a private foundation, based in NEW ULM, MN. IRS filing data is available from 2021 through 2023. In 2023, it awarded 4 grants totaling $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $62K (100%)

States

Minnesota

Cities

FairfaxGibbonWinthrop

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$5,112	$40,178
Revenue	$143	$-2,056	$13,841
Expenses	$5,082	$33,022	$34,325
Qualifying Distributions	$4,270	$31,936	$33,021
Net Investment Income	—	—	$11,593
Distributable Amount	$149	$1,004	$2,628

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2023

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Julia Schweiss ($700), Olivia Schwarzrock ($575), Brody Hentges ($575).

Recipient	Purpose	Amount
OLIVIA SCHWARZROCK GIBBON, MN	EDUCATIONAL SCHOLARSHIP	$575
JULIA SCHWEISS FAIRFAX, MN	EDUCATIONAL SCHOLARSHIP	$700
BRODY HENTGES WINTHROP, MN	EDUCATIONAL SCHOLARSHIP	$575
LAURYN MESSNER WINTHROP, MN	EDUCATIONAL SCHOLARSHIP	$575

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

No officer/director data available.

Frequently Asked Questions

Where does Ben Carson and Verna Carson Scholarship Trust operate?

Ben Carson and Verna Carson Scholarship Trust has awarded grants in Minnesota.

What size grants does Ben Carson and Verna Carson Scholarship Trust award?

In 2023, Ben Carson and Verna Carson Scholarship Trust awarded 4 grants totaling $2K — an average of about $606.25 per grant, based on its IRS Form 990 filings.

How much is Ben Carson and Verna Carson Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Ben Carson and Verna Carson Scholarship Trust reported a distributable amount of $149 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ben Carson and Verna Carson Scholarship Trust's EIN?

Ben Carson and Verna Carson Scholarship Trust's EIN (Employer Identification Number) is 87-6257731. IRS Form 990 filing data is available on this page for 2021–2023.