Elsie Miller Palmer & Ben a Miller Scholarship Trust

Private foundation · Grantmaker Cedar Falls, IA EIN: 42-1189787

The Elsie Miller Palmer & Ben A Miller Scholarship Trust is a private foundation based in Cedar Falls, Iowa. Its 2024 filing reports scholarship grants to individual recipients in Iowa. The filing states that eligible recipients must graduate from Gladbrook-Reinbeck Community High School and be outstanding in the use of the English language or in mathematics.

Key facts about Elsie Miller Palmer & Ben a Miller Scholarship Trust

In short: Elsie Miller Palmer & Ben a Miller Scholarship Trust gave $6K across 13 grants in 2024 (avg $473.077), mostly in Iowa. Source: 2024 IRS Form 990-PF.

EIN
42-1189787
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$6,150
Grants made (2024)
13
Average grant
$473
Median grant
$400
Total assets
$109,881
Primary geography
Iowa (100% of itemized 2024 grant dollars)
How to apply
The filing says the trust does not restrict giving to preselected organizations. Full details ↓
Deadline
May 1.

Data from IRS Form 990-PF, 2024; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$110K

-4.4% YoY

Annual Giving

$6K

+17.1% YoY

Grant Count

13

+44.4% YoY

Avg Grant Size

$473.077

-18.9% YoY

Under IRS private-foundation payout rules, Elsie Miller Palmer & Ben a Miller Scholarship Trust reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

How Elsie Miller Palmer & Ben a Miller Scholarship Trust gives

  • Giving held roughly steady from 2021 to 2024 (−5%). Method
  • In 2024 it paid out 109% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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

Grantmaking

In 2024, the trust reported 13 grants totaling $6,150. Grant amounts ranged from $300 to $1,050, with a median of $400. The largest reported grant was $1,050 to an individual recipient in Iowa for an exempt scholarship. Other listed awards included grants of $600, $450, $400, and $300 to individual recipients in Iowa. The filing also lists a $300 grant to an individual recipient, for an exempt purpose.

Review Cycle

May 1. The filing does not specify a year for this deadline; as of October 2, 2026, it should not be treated as an open application cycle.

How to Apply

The filing says the trust does not restrict giving to preselected organizations. It lists an application form as attached and states that applicants must graduate from Gladbrook-Reinbeck Community High School and be outstanding in the use of the English language or outstanding in mathematics.

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Geographic Focus

Where this funder awards grants

All grant dollars reported for 2024 went to recipients in Iowa. The filing’s eligibility restrictions identify graduates of Gladbrook-Reinbeck Community High School.

Grant Distribution by State

2states

Share of 2024 grant dollars across all 13 itemized grants.

States

Cities

CambyGladbrookMorrisonReinbeckTraer

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K12 grants2020 10 grants2021 13 grants2022 9 grants2023 13 grants2024

From 2020 to 2024, annual grant giving ranged from $5K (2023) to $7K (2020). In 2024 it made 13 grants totaling $6K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

57 grants across all recorded years

57<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 57 grants of 57 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
13 grants to individuals Recipients not named —$6,150

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $109,881 $1,535 $6,638 $6,150 (13 grants)
2023 $114,984 $970 $5,648 $5,250 (9 grants)
2022 $119,663 $1,133 $6,657 $6,300 (13 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$4K$6K$8K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$109,881$114,984$119,663
Revenue$1,535$970$1,133
Expenses$6,638$5,648$6,657
Qualifying Distributions$6,150$5,250$6,300
Net Investment Income$1,535$970$633
Distributable Amount$5,645$5,650$6,113

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 4, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 8, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS October 8, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Lincoln Savings Bank, Erik Smith (Superintendant), and Ariel Patton as trustees.

Elsie Miller Palmer & Ben a Miller Scholarship Trust's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Ariel Patton

    Trustee

    On filings since 2020

    No compensation reported

  • Lincoln Savings Bank

    Trustee

    On filings since 2020

    No compensation reported

  • ERIK SMITH Superintendant

    Trustee

    On filings since 2021

    No compensation reported

Former officers (1)
  • Former: Shawn Holloway Superintendant (2020) — Trustee

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.

Contact

Application contact: Scholarship Trust
Mailing address: 508 Main Street, Reinbeck, IA 50669
Phone: (319) 788-6441

Frequently asked questions about Elsie Miller Palmer & Ben a Miller Scholarship Trust

How much does Elsie Miller Palmer & Ben a Miller Scholarship Trust give each year?

Elsie Miller Palmer & Ben a Miller Scholarship Trust gave $6K across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5K across 9 grants.

What is Elsie Miller Palmer & Ben a Miller Scholarship Trust's typical grant size?

Elsie Miller Palmer & Ben a Miller Scholarship Trust's median grant in 2024 was $400, and its average grant was $473, across 13 grants on its 2024 IRS Form 990-PF.

Where does Elsie Miller Palmer & Ben a Miller Scholarship Trust give grants?

Elsie Miller Palmer & Ben a Miller Scholarship Trust gives mostly in Iowa: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.

How large is Elsie Miller Palmer & Ben a Miller Scholarship Trust?

Elsie Miller Palmer & Ben a Miller Scholarship Trust reported $110K in total assets on its 2024 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).

How do I apply for a grant from Elsie Miller Palmer & Ben a Miller Scholarship Trust?

The filing says the trust does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Elsie Miller Palmer & Ben a Miller Scholarship Trust's EIN?

Elsie Miller Palmer & Ben a Miller Scholarship Trust's EIN (Employer Identification Number) is 42-1189787. 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. Research dossier generated October 2026.

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