Ben Carson and Verna Carson Scholarship Trust

Private foundation · Grantmaker 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.

Ben Carson and Verna Carson Scholarship Trust at a glance

In short: Ben Carson and Verna Carson Scholarship Trust gave $2K across 4 grants in 2023 (avg $606.25), mostly in Minnesota. Source: 2023 IRS Form 990-PF.

Annual giving (2023)
$2,425
-91.8% vs 2022
Grants made (2023)
4
+300.0% vs 2022
Average grant
$606
-97.9% vs 2022
Median grant
$575
Primary geography
Minnesota (100% of itemized 2023 grant dollars)
Latest 990 filing
Form 990-PF, 2023 View filing

Data from IRS Form 990-PF, 2023; updated September 2026.

Who Ben Carson and Verna Carson Scholarship Trust funds

How this funder distributes its grants

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2023 grant dollars across all 4 itemized grants.

States

Cities

FairfaxGibbonWinthrop

How Ben Carson and Verna Carson Scholarship Trust gives

  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K1 grant2021 1 grant2022 4 grants2023

From 2021 to 2023, annual grant giving ranged from $2K (2023) to $31K (2021). In 2023 it made 4 grants totaling $2K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
4 individual scholarships Recipients not named —$2,425
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2023—$143$5,082$2,4254$4,270—$149
2022$5,112$-2,056$33,022$29,5001$31,936—$1,004
2021$40,178$13,841$34,325$30,5001$33,021$11,593$2,628

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.

Leadership & Key People

Officers and directors from IRS filings

Ben Carson and Verna Carson Scholarship Trust's only listed officer is Fransen Bank & Trust, Trustee on the 2023 filing (compensated).

Officers on the 2023 filing

  • Fransen Bank & Trust

    Trustee

    New on the 2023 filing

    3 hrs/week

    $841 (2023)

Former officers (1)
  • Former: Frandsen Bank & Trust (2021–2022) — Trustee

Data from IRS Form 990 filings, 2021–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Fransen Bank & Trust — Trustee: $841Fransen Bank & TrustTrustee$841

The highest reported compensation on the 2023 filing was $841, to Fransen Bank & Trust (Trustee).

Frequently asked questions about Ben Carson and Verna Carson Scholarship Trust

How much does Ben Carson and Verna Carson Scholarship Trust give each year?

Ben Carson and Verna Carson Scholarship Trust gave $2K across 4 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $30K across 1 grant.

What is Ben Carson and Verna Carson Scholarship Trust's typical grant size?

Ben Carson and Verna Carson Scholarship Trust's median grant in 2023 was $575, and its average grant was $606, across 4 grants on its 2023 IRS Form 990-PF.

Where does Ben Carson and Verna Carson Scholarship Trust give grants?

Ben Carson and Verna Carson Scholarship Trust gives mostly in Minnesota: 100% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there.

Does Ben Carson and Verna Carson Scholarship Trust give general operating support?

Not in 2023: none of the 4 grants with a stated purpose on Ben Carson and Verna Carson Scholarship Trust's 2023 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Scholarship" (4 grants).

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2023

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Ben Carson and Verna Carson Scholarship Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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