Bernice E Peterson Scholarship is a nonprofit organization focused on Education, based in Algona, IA. IRS filing data is available from 2019 through 2025. In 2025, it awarded 9 grants totaling $24K.
Key facts about Bernice E Peterson Scholarship
In short: Bernice E Peterson Scholarship gave $24K across 9 grants in 2025 (avg $3K), mostly in Iowa. Source: 2025 IRS Form 990-PF.
- EIN
- 47-7204491
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $23,800
- Grants made (2025)
- 9
- Average grant
- $2,644
- Median grant
- $1,400
- Primary geography
- Iowa (88% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$24K
+20.2% YoY
Grant Count
9
+28.6% YoY
Avg Grant Size
$3K
-6.5% YoY
How Bernice E Peterson Scholarship gives
- Giving fell 21% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 9 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| IOWA CENTRAL COMMUNITY COLLEGE Fort Dodge, IA | SCHOLARSHIPS FOR POCAHONTAS AREA HIGH SCHOOL GRADUATES | $9,800 |
| BUENA VISTA UNIVERSITY Storm Lake, IA | SCHOLARSHIPS FOR POCAHONTAS AREA HIGH SCHOOL GRADUATES | $2,800 |
| UNIVERSITY OF NORTHERN IOWA Cedar Falls, IA | SCHOLARSHIPS FOR POCAHONTAS AREA HIGH SCHOOL GRADUATES | $2,800 |
| DES MOINES AREA COMMUNITY COLLEGE Ankeny, IA | SCHOLARSHIPS FOR POCAHONTAS AREA HIGH SCHOOL GRADUATES | $1,400 |
| NORTHWESTERN COLLEGE Orange City, IA | SCHOLARSHIPS FOR POCAHONTAS AREA HIGH SCHOOL GRADUATES | $1,400 |
| SOUTH DAKOTA STATE UNIVERSITY Brookings, SD | SCHOLARSHIPS FOR POCAHONTAS AREA HIGH SCHOOL GRADUATES | $1,400 |
| UNIVERSITY OF SOUTH DAKOTA Vermillion, SD | SCHOLARSHIPS FOR POCAHONTAS AREA HIGH SCHOOL GRADUATES | $1,400 |
| UPPER IOWA UNIVERSITY Fayette, IA | SCHOLARSHIPS FOR POCAHONTAS AREA HIGH SCHOOL GRADUATES | $1,400 |
| IOWA WESTERN COMMUNITY COLLEGE Council Bluffs, IA | SCHOLARSHIPS FOR POCAHONTAS AREA HIGH SCHOOL GRADUATES | $1,400 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 8, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 25, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Bernice E Peterson Scholarship's only listed officer is Iowa State Bank, Trustee on every filing since 2022 (uncompensated).
Officers on the 2025 filing
Iowa State Bank
Trustee
On filings since 2022
1.2 hrs/week
No compensation reported
Former officers (1)
- Former: Availa Bank (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bernice E Peterson Scholarship
How much does Bernice E Peterson Scholarship give each year?
Bernice E Peterson Scholarship gave $24K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 7 grants.
What is Bernice E Peterson Scholarship's typical grant size?
Bernice E Peterson Scholarship's median grant in 2025 was $1,400, and its average grant was $2,644, across 9 grants on its 2025 IRS Form 990-PF.
Where does Bernice E Peterson Scholarship give grants?
Bernice E Peterson Scholarship gives mostly in Iowa: 88% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was South Dakota (12%).
Does Bernice E Peterson Scholarship give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Bernice E Peterson Scholarship's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships for Pocahontas Area High School Graduates" (9 grants).
Who are Bernice E Peterson Scholarship's largest grantees?
Bernice E Peterson Scholarship's largest 2025 grantees include Iowa Central Community College ($9,800), Buena Vista University ($2,800) and University of Northern Iowa ($2,800), according to its 2025 IRS Form 990-PF. Together they received 65% of its itemized 2025 grant dollars.
What is Bernice E Peterson Scholarship?
Bernice E Peterson Scholarship is a nonprofit organization focused on Education, based in Algona, IA. It holds — in total assets as of 2025.
What is Bernice E Peterson Scholarship's EIN?
Bernice E Peterson Scholarship's EIN (Employer Identification Number) is 47-7204491. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Bernice E Peterson Scholarship by hand.
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