Elmer O & Ida Preston Educational Trust
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
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Nathaniel Baum ($6,000), Seth Thompson ($5,000), Joseph Turman ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NATHANIEL BAUM DES MOINES, IA | GRANT FOR POST-HIGH SCHOOL EDUCATION | $6,000 |
| JAMES BUSENITZ DES MOINES, IA | GRANT FOR POST-HIGH SCHOOL EDUCATION | $1,250 |
| BENJAMIN FLICK DES MOINES, IA | GRANT FOR POST-HIGH SCHOOL EDUCATION | $1,750 |
| JORDAN FLINCK DES MOINES, IA | GRANT FOR POST-HIGH SCHOOL EDUCATION | $3,750 |
| DANIEL LUEPKE DES MOINES, IA | GRANT FOR POST-HIGH SCHOOL EDUCATION | $2,400 |
| TYLOR MOORE DES MOINES, IA | GRANT FOR POST-HIGH SCHOOL EDUCATION | $3,000 |
| JONATHAN RYAN DES MOINES, IA | GRANT FOR POST-HIGH SCHOOL EDUCATION | $3,500 |
| ABIGAIL SPEICHINGER DES MOINES, IA | GRANT FOR POST-HIGH SCHOOL EDUCATION | $1,250 |
| SETH THOMPSON DES MOINES, IA | GRANT FOR POST-HIGH SCHOOL EDUCATION | $5,000 |
| LUKE TREIBER DES MOINES, IA | GRANT FOR POST-HIGH SCHOOL EDUCATION | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PROCTOR DAVID JW | TRUSTEE | 2 | $26,033 |
| VAN VLEET CHRISTOPHER | TRUSTEE | 1 | $5,984 |
| MORGAN MONICA L | TRUSTEE | 1 | $5,983 |
Contact Information
Address: 801 Grand Ave, Suite 3700, Des Moines, IA 50309-8004
Telephone: (515) 246-5802
Frequently Asked Questions
What does Elmer O & Ida Preston Educational Trust fund?
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.
How do I apply for a grant from Elmer O & Ida Preston Educational Trust?
**Grant Amounts & Frequency** • Typical award range: $1,000–$9,000 • Median grant: $3,000 • Recent annual giving: $92,875 (2024) • Number of grants: 28 (2020 data) **Application Process** The foundation does not accept applications. **Grant Types** Awards are provided as scholarships and loans for post-high school education.
Where does Elmer O & Ida Preston Educational Trust make grants?
Iowa, with particular emphasis on supporting residents of the state for in-state educational pursuits.
What size grants does Elmer O & Ida Preston Educational Trust award?
In 2024, Elmer O & Ida Preston Educational Trust awarded 22 grants totaling $59K — an average of about $3K per grant, based on its IRS Form 990 filings.
What is Elmer O & Ida Preston Educational Trust's EIN?
Elmer O & Ida Preston Educational Trust's EIN (Employer Identification Number) is 42-6053621. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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