Elmer O & Ida Preston Educational Trust

DES MOINES, IA EIN: 42-6053621

The Elmer O & Ida Preston Educational Trust is a private foundation based in Des Moines, Iowa. Established in 1958, it operates as an independent foundation focused on providing educational support to qualifying individuals in Iowa.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$59K

+2.6% YoY

Grant Count

22

+0.0% YoY

Avg Grant Size

$3K

+2.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The trust awards scholarships and loans to worthy and needy young Protestant male residents of Iowa for collegiate or professional study within the state. Support is specifically directed toward individuals preparing for careers in Christian service.

Grantmaking

The foundation does not accept applications.

Grant Types

**

How to Apply

**

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Geographic Focus

Where this funder awards grants

Iowa, with particular emphasis on supporting residents of the state for in-state educational pursuits.

Grant Distribution by State

1states

States

Cities

ALLEMANAMESANKENYCAMBRIDGECEDAR FALLSDAVENPORTDAYTONDECORAHDES MOINESDUBUQUEFAIRFAXGREENFIELDIOWA FALLSMANSONMUSCATINEOSSIANPLANOWATERLOOWEST DES MOINESWILLIAMSBURG

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $2,033,196 (2024)
  • Total Assets: $2,483,708 (2021)
  • Annual Giving: $92,875 (2024)
  • EIN: 42-6053621
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$35K$71K$106K$142K30 grants202019 grants202127 grants202222 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NATHANIEL BAUM$6KSETH THOMPSON$5KJOSEPH TURMAN$5KBERNICE STOUTES$5KLISA ROBINSON$5KLUKE TREIBER$4KJORDAN FLINCK$4KJONATHAN RYAN$4KTYLOR MOORE$3KDAVID CARROLL$3K

Grant Size Distribution

120 grants across all recorded years

120<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PROCTOR DAVID JWTRUSTEE$26KVAN VLEET CHRISTOPHERTRUSTEE$6KMORGAN MONICA LTRUSTEE$6K

From 2024 filing

NameTitleHoursCompensation
PROCTOR DAVID JWTRUSTEE2$26,033
VAN VLEET CHRISTOPHERTRUSTEE1$5,984
MORGAN MONICA LTRUSTEE1$5,983

Contact Information

Address: 801 Grand Ave, Suite 3700, Des Moines, IA 50309-8004

Telephone: (515) 246-5802

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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