Destination Education a Scholarship Foundation
Destination Education a Scholarship Foundation is a private foundation focused on Education, based in St. Paul, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $413K in total assets. Net investment income was $6K.
Destination Education a Scholarship Foundation at a glance
- Total assets
- $413,479
- +30.3% vs 2023
- Revenue (2024)
- $111,398
- +212.7% vs 2023
- Net investment income (2024)
- $5,651
- -38.6% vs 2023
- Expenses (2024)
- $32,138
- -25.4% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Destination Education a Scholarship Foundation funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Destination Education a Scholarship Foundation gives
- In 2023 it paid out 8% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2023, annual grant giving ranged from $1K (2023) to $10K (2022). In 2023 it made 1 grant totaling $1K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $1,250 |
Ready to take the next step with Destination Education a Scholarship Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $413,479 | $111,398 | $32,138 | — | — | — | $5,651 | $17,574 |
| 2023 | $317,406 | $35,626 | $43,098 | $1,250 | 1 | $1,250 | $9,209 | $15,225 |
| 2022 | $307,669 | $7,387 | $50,258 | $10,250 | 4 | $10,250 | $15,153 | $16,305 |
| 2021 | $366,473 | $100,185 | $29,177 | — | — | — | $48 | — |
| 2020 | $253,860 | $21,560 | $31,342 | — | — | — | — | — |
Under IRS private-foundation payout rules, Destination Education a Scholarship Foundation reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Destination Education a Scholarship Foundation is led by Chris Schmidt, Executive Director since 2024 (on filings since 2020); 1 of 15 officers listed in 2024 is compensated.
Officers on the 2024 filing
Chris Schmidt
Executive Director
Board Member → Executive Director, 2024
On filings since 2020
1 hr/week
$5K (2020) → $0 (2024)
Rachel Jenner
President
On filings since 2020
1 hr/week
No compensation reported
Monica Leedom
Board Member & Gambling Manager
On filings since 2020
20 hrs/week
$3K (2020) → $19K (2024)
Bob Kaye
Board Member
On filings since 2020
1 hr/week
No compensation reported
Charlotte Olein
Board Member
On filings since 2020
1 hr/week
No compensation reported
Dale Maristuen
Board Member
On filings since 2020
1 hr/week
No compensation reported
Dave Kill
Treasurer & Secretary
On filings since 2020
1 hr/week
No compensation reported
Gale Pederson
Vice President
On filings since 2020
1 hr/week
No compensation reported
Gwen Benham
Board Member
On filings since 2020
1 hr/week
No compensation reported
Marisa Peck
Board Member
On filings since 2020
1 hr/week
No compensation reported
Mike Kirchner
Board Member
On filings since 2020
1 hr/week
No compensation reported
Mindy Schmidt
Board Member
On filings since 2020
1 hr/week
No compensation reported
Russ Schmidt
Board Member
On filings since 2020
1 hr/week
No compensation reported
Ryan Jenner
Board Member
On filings since 2020
1 hr/week
No compensation reported
William Olein
Board Member
On filings since 2020
1 hr/week
No compensation reported
Former officers (2)
- Former: Robert Matson (2020–2023) — Former Executive Director
- Former: Christie Jones (2023) — Executive Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $19K, to Monica Leedom (Board Member/Gambling Manager).
Frequently asked questions about Destination Education a Scholarship Foundation
How large is Destination Education a Scholarship Foundation?
Destination Education a Scholarship Foundation reported $413K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $111K.
What is Destination Education a Scholarship Foundation?
Destination Education a Scholarship Foundation is a private foundation focused on Education, based in St. Paul, MN. It holds $413K in total assets as of 2024.
Where does Destination Education a Scholarship Foundation operate?
Destination Education a Scholarship Foundation has awarded grants in Idaho, Minnesota.
How much is Destination Education a Scholarship Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Destination Education a Scholarship Foundation reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Destination Education a Scholarship Foundation's EIN?
Destination Education a Scholarship Foundation's EIN (Employer Identification Number) is 61-1631225. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 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 2020–2024
Explore Open Grants
Browse active grant opportunities in Destination Education a Scholarship Foundation's focus areas in our free grants database
Similar Funders
Similar funders in Minnesota
The Minneapolis Foundation
Minneapolis, MN
The Minneapolis Foundation funds civic, social, and economic needs, including economic mobility, education, health, the environment, arts, and human services, with most grant dollars going to Minnesota. Its 2025 grants had a median of $25,000, though amounts varied widely. It says no funding opportunities are currently open; whether it accepts unsolicited requests is not stated.
Assets
$1.2B
Grants
1,565
Total Given
$121.7M
Saint Paul & Minnesota Foundation
St. Paul, MN
The Saint Paul & Minnesota Foundation funds community-led work in areas including economic opportunity, health and human services, youth and education, housing, and organizational capacity. Its 2025 grants had a median of $26,000; listed programs offer up to $50,000 for eligible East Metro work and up to $15,000 for qualifying Minnesota organizations. It accepts applications through specific programs, including rolling application opportunities; the Community Solutions Grant Program serves Dakota, Ramsey, and Washington counties.
Assets
$1.7B
Grants
1,473
Total Given
$107.2M
The Richard M Schulze Family Foundation
Minneapolis, MN
The Richard M. Schulze Family Foundation funds education, health care, and human services, including college scholarships, with most support benefiting working- and middle-class families in specified Minnesota and Florida counties; it also makes some national grants. Its 2024 grants had a median of $5,000, though awards ranged from $50 to $10 million. It plans to move to invitation-only grantmaking in 2027; whether it currently accepts unsolicited requests is not stated.
Assets
$218.3M
Grants
1,431
Total Given
$47.9M
First Children's Finance
Minneapolis, MN
First Children’s Finance supports child care businesses and communities through grants for projects such as facility improvements, feasibility studies, and provider support, as well as loans paired with technical assistance. Its 2025 grants ranged from $5,283 to $50,000, with a median of $11,839; grant examples are in Minnesota, Vermont, and Wisconsin, while its loan fund serves 10 states.
Assets
$7.0M
Grants
80
Total Given
$1.1M
C K Blandin Foundation
Grand Rapids, MN
The C K Blandin Foundation funds rural Minnesota projects that build community wealth, improve rural places, strengthen small communities, and support capacity-building, with a primary focus on the Grand Rapids area. Rural grants are typically $25,000–$150,000; it does not accept unsolicited requests, offering opportunities through invitations or competitive RFPs.
Assets
$506.3M
Grants
931
Total Given
$15.8M
Otto Bremer Trust
St. Paul, MN
The Otto Bremer Trust funds organizations and projects addressing community needs and opportunities, including health care and social services, in Minnesota, Montana, North Dakota, and Wisconsin. In 2025, grants ranged from $3,500 to $4.2 million, with a median of $150,000. It does not accept unsolicited requests or direct grant applications; Community Responsive Fund grants are offered through selected intermediaries.
Assets
$1.4B
Grants
180
Total Given
$57.2M
More similar funders
More Funders in Minnesota
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Destination Education a Scholarship Foundation'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.
Destination Education a Scholarship Foundation down — hundreds of funders to go?