Bishop Educational Trust Co MWO
BISHOP EDUCATIONAL TRUST CO MWO is a private foundation based in Muscatine, Iowa. It distributes scholarships, and its 2024 filing describes its direct charitable activity as distributing scholarships to recipients.
Key facts about Bishop Educational Trust Co MWO
In short: Bishop Educational Trust Co MWO gave $143K across 55 grants in 2025 (avg $3K), mostly in Iowa. Source: 2025 IRS Form 990-PF.
- EIN
- 42-6531722
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $142,500
- Grants made (2025)
- 55
- Average grant
- $2,591
- Median grant
- $3,000
- Total assets
- $76,045
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
- How to apply
- The filing directs applicants to contact MidwestOne Bank and states that application materials are attached. Full details ↓
- Deadline
- June 1 of each year.
Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$76K
-97.5% YoY
Annual Giving
$143K
-3.3% YoY
Grant Count
55
+10.0% YoY
Avg Grant Size
$3K
-12.1% YoY
Under IRS private-foundation payout rules, Bishop Educational Trust Co MWO reported a distributable amount of $190K for 2025 — the minimum it must pay out in qualifying distributions.
How Bishop Educational Trust Co MWO gives
- Giving fell 29% from 2022 to 2025. Method
- In 2025 it paid out 9% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
The foundation’s stated activity is scholarship distribution. Its filing says awards are restricted to people attending college in Iowa.
Grantmaking
In 2025, the foundation reported 55 grants totaling $142,500. Grants ranged from $1,500 to $7,000, with a median of $3,000. The largest listed award was a $7,000 scholarship to Emma Terington of Wilton, Iowa. Other listed scholarships included $3,000 awards to recipients in Muscatine and Columbus Junction, Iowa. In 2024, it reported 50 grants totaling $147,375; in 2023, it reported 58 grants totaling $148,423.
Review Cycle
June 1 of each year.
Ready to take the next step with Bishop Educational Trust Co MWO?
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Iowa. The listed 2025 recipients include people in Muscatine, Columbus Junction, and Wilton.
Grant Distribution by State
Share of 2025 grant dollars across all 55 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $125K (2019) to $201K (2022). In 2025 it made 55 grants totaling $143K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Emma Terington ($7K). Together the top 10 received $34K.
Grant Size Distribution
299 grants across all recorded years
The most common grant size was under $50K: 299 grants of 299 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Emma Terington Wilton, IA | Scholarship | $7,000 |
| Nessa Apantenco Muscatine, IA | Scholarship | $3,000 |
| Nicolas Bibik Muscatine, IA | Scholarship | $3,000 |
| Creed Birkhofer Muscatine, IA | Scholarship | $3,000 |
| Clarissa Franco Muscatine, IA | Scholarship | $3,000 |
| Halley Manley Columbus Junction, IA | Scholarship | $3,000 |
| Yocelyn Miranda Columbus Junction, IA | Scholarship | $3,000 |
| Angalina Taylor Muscatine, IA | Scholarship | $3,000 |
| Necoli Arceo Muscatine, IA | Scholarship | $3,000 |
| Nathanial Bovencamp Muscatine, IA | Scholarship | $3,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grants reported | Grant total |
|---|---|---|
| 2025 | 55 | $142,500 |
| 2024 | 50 | $147,375 |
| 2023 | 58 | $148,423 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $76,045 | $3,037,931 | $3,064,238 |
| Revenue | $148,838 | $135,456 | $1,263,193 |
| Expenses | $32,919 | $177,522 | $28,618 |
| Qualifying Distributions | $17,410 | $16,273 | $15,258 |
| Net Investment Income | $131,429 | $119,182 | $1,247,934 |
| Distributable Amount | $190,490 | $148,155 | $139,905 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 24, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 18, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 25, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 23, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 2, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Leadership team and compensation from IRS filings
MidwestOne Bank is listed as trustee on the 2025 filing.
Bishop Educational Trust Co MWO's only listed officer is Midwestone Bank, Trustee on every filing since 2022 (uncompensated).
Officers on the 2025 filing
Midwestone Bank
Trustee
On filings since 2022
7.5 hrs/week
No compensation reported
Former officers (1)
- Former: First National Bank (2019–2021) — 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.
Contact
Application contact: Midwestone Bank
Mailing address: 300 E 2Nd St, Muscatine, IA 52761
Phone: (563) 262-4221
Frequently asked questions about Bishop Educational Trust Co MWO
How much does Bishop Educational Trust Co MWO give each year?
Bishop Educational Trust Co MWO gave $143K across 55 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $147K across 50 grants.
What is Bishop Educational Trust Co MWO's typical grant size?
Bishop Educational Trust Co MWO's median grant in 2025 was $3,000, and its average grant was $2,591, across 55 grants on its 2025 IRS Form 990-PF.
Where does Bishop Educational Trust Co MWO give grants?
Bishop Educational Trust Co MWO gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Muscatine, IA (26 grants), Wilton, IA (5 grants), Columbus Junction, IA (4 grants) and Wapello, IA (4 grants).
Does Bishop Educational Trust Co MWO give general operating support?
Not in 2025: none of the 55 grants with a stated purpose on Bishop Educational Trust Co MWO's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (55 grants).
Who are Bishop Educational Trust Co MWO's largest grantees?
Bishop Educational Trust Co MWO's largest 2025 grantees include Emma Terington ($7,000), Nessa Apantenco ($3,000) and Nicolas Bibik ($3,000), according to its 2025 IRS Form 990-PF. Together they received 9% of its itemized 2025 grant dollars.
How large is Bishop Educational Trust Co MWO?
Bishop Educational Trust Co MWO reported $76K in total assets on its 2025 IRS Form 990-PF. It paid out $17K in qualifying distributions that year, against a required minimum of $190K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Bishop Educational Trust Co MWO fund?
The foundation’s stated activity is scholarship distribution. Its filing says awards are restricted to people attending college in Iowa. See mission & focus areas ↑
How do I apply for a grant from Bishop Educational Trust Co MWO?
The filing directs applicants to contact MidwestOne Bank and states that application materials are attached. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Bishop Educational Trust Co MWO's EIN?
Bishop Educational Trust Co MWO's EIN (Employer Identification Number) is 42-6531722. 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. Research dossier generated September 2026.
Here's the math on researching Bishop Educational Trust Co MWO by hand.
Explore Open Grants
Browse active grant opportunities in Bishop Educational Trust Co MWO's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Community Fdn of Greater Des Moines F/K/a Greater Des Moines Community Fdn
Des Moines, IA
The Community Foundation of Greater Des Moines funds nonprofits through competitive grants for community impact, organizational capacity, and collaboration, with 2026 priorities including housing, transportation, health, economic opportunity, and inclusion. Giving varies widely: 2024 grants had a median of $12,889, while Capacity Building grants are capped at $7,500. Its programs serve Greater Des Moines and, through an affiliated foundation, Adair County; unsolicited requests are not addressed in the profile.
Assets
$918.7M
Grants
1,259
Total Given
$55.7M
Pella Rolscreen Foundation
Pella, IA
The Pella Rolscreen Foundation supports charitable organizations working in education and community betterment, including civic, cultural, social, and physical-environment programs in communities where Pella Corporation employees live. Large grants generally range from $10,000 to $50,000 and typically cover no more than 25% of project costs; its 2024 grants had a median of $1,029. It accepts unsolicited requests from eligible 501(c)(3) nonprofits and government entities in communities where Pella has manufacturing plants.
Assets
$22.4M
Grants
433
Total Given
$1.9M
Prairie Meadows Race Track and Casino Inc
Altoona, IA
Prairie Meadows funds arts and culture, education, economic development, human services, and youth sports and recreation through grants for projects in central Iowa and across Iowa. Its 2024 grant median was $15,000; program awards range from $100 to $1 million, depending on the grant program.
Assets
$327.6M
Grants
409
Total Given
$33.0M
Iowa Health Care Association Foundation
West Des Moines, IA
The Iowa Health Care Association Foundation funds scholarships and career-education resources for employees of member long-term-care organizations and Iowa high school students pursuing long-term-care careers. Its typical giving level varies: it awarded 287 grants totaling about $4.1 million in 2024, and the listed high school scholarship is $2,000. Its programs focus on Iowa; the profile does not state whether it accepts unsolicited requests.
Assets
$329K
Grants
287
Total Given
$4.1M
Quad Cities Community Foundation
Bettendorf, IA
The Quad Cities Community Foundation supports charitable programs in health and human services, education, arts and culture, the environment, youth services, and community development. It primarily serves Rock Island County, Illinois, and Scott County, Iowa, with affiliate funds reaching nearby counties; its 2024 grants had a median of $15,000, while its Operations and Programs Grants accept requests of $5,000–$20,000.
Assets
$209.7M
Grants
263
Total Given
$7.5M
Dupaco RW Hoefer Foundation
Dubuque, IA
The Dupaco RW Hoefer Foundation supports education, charitable work, and organizations or causes that enhance quality of life, with most 2025 grant dollars going to Iowa, followed by Florida, Wisconsin, and Illinois. Grants ranged from $100 to $100,000, with a median of $1,000. It directs applicants to a grant application form and says it does not restrict giving to preselected organizations.
Assets
$10.2M
Grants
141
Total Given
$440K
New Charitable Foundation
Fort Dodge, IA
Assets
$6K
Grants
264
Total Given
$294K
Ottumwa Regional Legacy Foundation Inc
Ottumwa, IA
The foundation funds community projects in Ottumwa and Wapello County, including work in health, education, housing, economic prosperity, and quality of life. Its annual grantmaking averages about $3 million; Bright Ideas grants are typically $2,500–$30,000, while awards overall vary widely. Bright Ideas accepts applications from eligible nonprofits; strategic grants are by invitation only.
Assets
—
Grants
216
Total Given
$3.1M
Community Foundation of Greater Dubuque
Dubuque, IA
The Community Foundation of Greater Dubuque funds projects addressing community needs, including health, education, support for vulnerable people, nonprofit capacity-building, and collaboration, primarily in Northeast Iowa and through local affiliate foundations. Its 2024 grants had a median of $13,500, though awards varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$165.4M
Grants
211
Total Given
$8.0M
Greater Cedar Rapids Community Foundation
Cedar Rapids, IA
The Greater Cedar Rapids Community Foundation funds nonprofit programs, operating support, endowments, and urgent needs across fields including education, health and human services, arts and culture, and the environment, serving Linn County. Its 2024 grants ranged from $5,100 to $371,323, with a median of $17,656. It accepts applications through competitive grant programs and some donor-advised funds.
Assets
$229.3M
Grants
209
Total Given
$9.4M
The Seidler Foundation
Des Moines, IA
The Seidler Foundation funds need-based postsecondary scholarships for students in specified Iowa school districts, along with selected arts and culture projects and efforts to reduce childhood hunger and improve food access. In 2024, grants ranged from $500 to $300,000, with a median of $10,000; giving is concentrated in Iowa, Wyoming, Missouri, and Kansas. It accepts written requests, and its filing says grants are not restricted to preselected organizations.
Assets
—
Grants
175
Total Given
$4.1M
RSM US Foundation
Davenport, IA
The RSM US Foundation funds youth education and programs addressing hunger, housing, and health challenges, along with related scholarships, disaster relief, and employee-volunteer grants. Its 2024 grants ranged from $5,255 to $257,835, with a median of $21,534, and were distributed across the United States, with some Power of Love support reaching other countries. The profile does not state whether it accepts unsolicited requests.
Assets
$17.5M
Grants
165
Total Given
$5.5M
More Funders in Iowa
Bishop Educational Trust Co MWO down — hundreds of funders to go?