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.
Carol E Macpherson Memorial Scholarship at a glance
In short: Carol E Macpherson Memorial Scholarship gave $50K across 9 grants in 2025 (avg $6K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $50,000
- +11.1% vs 2024
- Grants made (2025)
- 9
- -40.0% vs 2024
- Average grant
- $5,556
- +85.2% vs 2024
- Median grant
- $4,750
- Total assets
- $779,805
- -2.4% vs 2024
- Primary geography
- Minnesota (94% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Carol E Macpherson Memorial Scholarship funds
How this funder distributes its grants
Grant Size Distribution
62 grants across all recorded years
The most common grant size was under $50K: 62 grants of 62 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
Cities
How Carol E Macpherson Memorial Scholarship gives
- Giving held roughly steady from 2022 to 2025 (+9%). Method
- In 2025 it paid out 123% of 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
From 2021 to 2025, annual grant giving ranged from $26K (2021) to $50K (2025). In 2025 it made 9 grants totaling $50K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 9 individual scholarships Recipients not named | — | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $779,805 | $45,742 | $64,756 | $50,000 | 9 | $54,507 | $35,420 | $44,187 |
| 2024 | $798,819 | $69,284 | $57,224 | $45,000 | 15 | $49,216 | $58,562 | $42,568 |
| 2023 | $786,759 | $9,705 | $61,943 | $47,000 | 11 | $52,698 | $23,394 | $41,579 |
| 2022 | $838,997 | $45,352 | $61,388 | $46,000 | 15 | $50,330 | $29,281 | $45,183 |
| 2021 | $855,033 | $38,441 | $40,169 | $26,241 | 12 | — | $28,970 | $45,192 |
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.
Leadership & Key People
Officers and directors from IRS filings
Carol E Macpherson Memorial Scholarship is led by Roderick J Macpherson III, President on every filing since 2021; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Roderick J Macpherson III
President
On filings since 2021
1.5 hrs/week
No compensation reported
Lisa West
Director
On filings since 2021
0.2 hrs/week
No compensation reported
Maggie Macpherson
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Anne Johnson
Director
On filings since 2023
1.5 hrs/week
No compensation reported
Maceda Xilian
Director
New on the 2025 filing
1.5 hrs/week
No compensation reported
Viktoria Davis
Director
New on the 2025 filing
1.5 hrs/week
No compensation reported
Mark Macpherson
Secretary
On filings since 2021
1.5 hrs/week
No compensation reported
Former officers (1)
- Former: Peg Lonnquist (2021–2022) — Director
Data from IRS Form 990 filings, 2021–2025. "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 Carol E Macpherson Memorial Scholarship
How much does Carol E Macpherson Memorial Scholarship give each year?
Carol E Macpherson Memorial Scholarship gave $50K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $45K across 15 grants.
What is Carol E Macpherson Memorial Scholarship's typical grant size?
Carol E Macpherson Memorial Scholarship's median grant in 2025 was $4,750, and its average grant was $5,556, across 9 grants on its 2025 IRS Form 990-PF.
Where does Carol E Macpherson Memorial Scholarship give grants?
Carol E Macpherson Memorial Scholarship gives mostly in Minnesota: 94% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was South Dakota (6%).
Does Carol E Macpherson Memorial Scholarship give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Carol E Macpherson Memorial Scholarship's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (9 grants).
How large is Carol E Macpherson Memorial Scholarship?
Carol E Macpherson Memorial Scholarship reported $780K in total assets on its 2025 IRS Form 990-PF. It paid out $55K in qualifying distributions that year, against a required minimum of $44K (roughly 5% of its investment assets).
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.
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.
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
- IRS filings on file for fiscal years 2021–2025
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