Florence M Schrader Scholarships Trust

Private foundation · Grantmaker Dewitt, IA EIN: 42-1331033

Florence M Schrader Scholarships Trust is a private foundation, based in Dewitt, IA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $208K in total assets. In 2025, it awarded 1 grant totaling $9K. Net investment income was $4K.

Key facts about Florence M Schrader Scholarships Trust

In short: Florence M Schrader Scholarships Trust gave $9K across 1 grant in 2025 (avg $9K), mostly in Iowa. Source: 2025 IRS Form 990-PF.

EIN
42-1331033
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$8,500
Grants made (2025)
1
Average grant
$8,500
Median grant
$8,500
Total assets
$208,146
Primary geography
Iowa (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$208K

-1.2% YoY

Annual Giving

$9K

-29.2% YoY

Grant Count

1

-94.4% YoY

Avg Grant Size

$9K

+1175.0% YoY

Under IRS private-foundation payout rules, Florence M Schrader Scholarships Trust reported a distributable amount of $14K for 2025 — the minimum it must pay out in qualifying distributions.

How Florence M Schrader Scholarships Trust gives

  • Giving held roughly steady from 2022 to 2025 (−15%). Method
  • In 2025 it paid out 74% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

De WittDelmarGrand Mound

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K15 grants2020 18 grants2021 16 grants2022 13 grants2023 18 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $9K (2025) to $12K (2024). In 2025 it made 1 grant totaling $9K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

66 grants across all recorded years

66<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 66 grants of 66 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
1 individual scholarship Recipients not named —$8,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K$20K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$208,146$210,734$216,391
Revenue$10,695$10,754$7,534
Expenses$13,330$16,383$14,791
Qualifying Distributions$10,337$14,100$12,346
Net Investment Income$4,363$4,967$4,252
Distributable Amount$13,943$13,057$11,787

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 December 21, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 28, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 26, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 25, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 14, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Florence M Schrader Scholarships Trust's only listed officer is Jeffrey Peters, Trust Officer on every filing since 2023 (uncompensated).

Officers on the 2025 filing

  • Jeffrey Peters

    Trust Officer

    On filings since 2023

    No compensation reported

Former officers (1)
  • Former: Roger Hill (2020–2022) — Trustee

Data from IRS Form 990 filings, 2020–2025. "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 Florence M Schrader Scholarships Trust

How much does Florence M Schrader Scholarships Trust give each year?

Florence M Schrader Scholarships Trust gave $9K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12K across 18 grants.

How large is Florence M Schrader Scholarships Trust?

Florence M Schrader Scholarships Trust reported $208K in total assets on its 2025 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $14K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Florence M Schrader Scholarships Trust operate?

Florence M Schrader Scholarships Trust has awarded grants in Iowa.

What is Florence M Schrader Scholarships Trust's EIN?

Florence M Schrader Scholarships Trust's EIN (Employer Identification Number) is 42-1331033. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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