Carol E Macpherson Memorial Scholarship
Carol E Macpherson Memorial Scholarship is a private foundation focused on Education, based in ST PAUL, MN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $780K in total assets. In 2025, it awarded 9 grants totaling $50K. Net investment income was $35K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$780K
-2.4% YoY
Annual Giving
$50K
+11.1% YoY
Grant Count
9
-40.0% YoY
Avg Grant Size
$6K
+85.2% YoY
Under IRS private-foundation payout rules, Carol E Macpherson Memorial Scholarship reported a distributable amount of $44K for 2025 — the minimum it must pay out in qualifying distributions.
About Carol E Macpherson Memorial Scholarship
Based on IRS filings
Carol E Macpherson Memorial Scholarship is a private foundation focused on Education, based in ST PAUL, MN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $780K in total assets. In 2025, it awarded 9 grants totaling $50K. Net investment income was $35K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $779,805 | $798,819 | $786,759 |
| Revenue | $45,742 | $69,284 | $9,705 |
| Expenses | $64,756 | $57,224 | $61,943 |
| Qualifying Distributions | $54,507 | $49,216 | $52,698 |
| Net Investment Income | $35,420 | $58,562 | $23,394 |
| Distributable Amount | $44,187 | $42,568 | $41,579 |
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
62 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Courtney Popp ($9,500), Sophea Om ($9,500), Leyna Papach ($9,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Jakayla Crowley Minnetonka, MN | Scholarship | $3,000 |
| Callie Larson Dayton, MN | Scholarship | $1,250 |
| Christine Rinehart Sioux Falls, SD | Scholarship | $3,000 |
| Courtney Popp Minneapolis, MN | Scholarship | $9,500 |
| Sophea Om Falcon Heights, MN | Scholarship | $9,500 |
| Savanna Worley Edina, MN | Scholarship | $4,750 |
| Nadia Zafar Minneapolis, MN | Scholarship | $4,750 |
| Leyna Papach St Paul, MN | Scholarship | $9,500 |
| Jeanne Bain Minneapolis, MN | Scholarship | $4,750 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Maggie Macpherson | Director | 1.54 | — |
| Roderick J Macpherson III | President | 1.54 | — |
| Mark Macpherson | Secretary | 1.54 | — |
| Anne Johnson | Director | 1.54 | — |
| Lisa West | Director | 0.15 | — |
| Viktoria Davis | Director | 1.54 | — |
| Maceda Xilian | Director | 1.54 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Carol E Macpherson Memorial Scholarship?
Carol E Macpherson Memorial Scholarship is a private foundation focused on Education, based in ST PAUL, MN. It holds $780K in total assets as of 2025.
How large is Carol E Macpherson Memorial Scholarship?
As of 2025, Carol E Macpherson Memorial Scholarship holds $780K in total assets with $46K in annual revenue. It awarded 9 grants totaling $50K in 2025.
Where does Carol E Macpherson Memorial Scholarship operate?
Carol E Macpherson Memorial Scholarship has awarded grants in Minnesota, South Dakota, Wisconsin.
What size grants does Carol E Macpherson Memorial Scholarship award?
In 2025, Carol E Macpherson Memorial Scholarship awarded 9 grants totaling $50K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Carol E Macpherson Memorial Scholarship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Carol E Macpherson Memorial Scholarship reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carol E Macpherson Memorial Scholarship's EIN?
Carol E Macpherson Memorial Scholarship's EIN (Employer Identification Number) is 51-0180046. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.