Floy Gilman Scheidler Scholarship

Private foundation · Grantmaker Cloquet, MN EIN: 41-1925664

Floy Gilman Scheidler Scholarship is a private foundation based in Cloquet, Minnesota. It awards scholarships to students pursuing post-secondary education, with awarded funds restricted to tuition expenses.

Floy Gilman Scheidler Scholarship at a glance

In short: Floy Gilman Scheidler Scholarship gave $23K across 10 grants in 2025 (avg $2K), mostly in Minnesota. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$22,500
-21.1% vs 2024
Grants made (2025)
10
-9.1% vs 2024
Average grant
$2,250
-13.2% vs 2024
Median grant
$2,250
Total assets
$63,881
-23.8% vs 2024
Primary geography
Minnesota (93% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

How to apply to Floy Gilman Scheidler Scholarship

How to Apply

The foundation’s filing says it does not restrict giving to preselected organizations. Students applying as scholarship candidates must submit an essay of no more than 500 words explaining why they qualify and what they intend to do with their education. The essay must be attached to the application submitted to the board of directors. Applicants must also submit two letters of recommendation dated no more than 30 days before the application. Awards must be used for tuition expenses for students pursuing post-secondary education.

Review Cycle
March 15. The filing does not identify the year for this deadline, so its status for a current application cycle is not specified.
Deadline
March 15.
Contact

Application contact: Floy Gilman Scheidler Scholarship
Mailing address: 922 Highway 33 S, Cloquet, MN 55720
Phone: (218) 879-6784

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Floy Gilman Scheidler Scholarship funds

How this funder distributes its grants

Grant Size Distribution

59 grants across all recorded years

59<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 59 grants of 59 (100%).

Geographic Focus

Where this funder awards grants

In filing year 2025, 93% of grant dollars went to recipients in Minnesota and 7% to recipients in Connecticut. The listed recipients included students in Winona, Duluth, Minneapolis, and New Haven.

Grant Distribution by State

7states

Share of 2025 grant dollars across all 10 itemized grants.

Cities

DuluthEau ClaireFargoMinneapolisMoorheadNew HavenSaint PaulSan DiegoSeatlleVermillionWinona

How Floy Gilman Scheidler Scholarship gives

  • Giving fell 32% from 2022 to 2025. 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K10 grants2020 11 grants2021 14 grants2022 13 grants2023 11 grants2024 10 grants2025

From 2020 to 2025, annual grant giving ranged from $23K (2025) to $33K (2022). In 2025 it made 10 grants totaling $23K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
10 individual scholarships Recipients not named —$22,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$63,881$28,012$47,933$22,50010$22,525$16,280$30,250
2024$83,802$30,660$51,372$28,50011$29,372$19,906$27,347
2023$104,514$51,786$54,059$31,45813$32,308$44,237$21,485
2022$106,787$26,689$57,196$33,00014$33,787$18,868$21,949
2021$137,294$39,539$54,354$29,37511$30,875$30,152$23,972
2020$152,109$17,427$52,426$24,00010—$11,915$21,959

Under IRS private-foundation payout rules, Floy Gilman Scheidler Scholarship reported a distributable amount of $30K for 2025 — the minimum it must pay out in qualifying distributions.

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

Grantmaking

In filing year 2025, the foundation gave 10 scholarships totaling $22,500. Awards ranged from $1,500 to $3,000, with a median of $2,250. Recipients receiving $3,000 each were five individual recipients The other listed recipients—five individual recipients—received $1,500 each.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Linda Suer as president; Sandra Raisanen, Lindsay Lally, Nicki Peterson, Cathleen Dale, and Pam Litsey as directors; Ken Gustafson as treasurer; Karen Johnson as secretary; Craig Swenson as executive director; and Shannon Sams as vice president.

Floy Gilman Scheidler Scholarship is led by Linda Suer, President on every filing since 2020; none of the 11 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Linda Suer

    President

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Craig Swenson

    Executive Director

    Executive Secretary → Executive Director, 2025

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Cathleen Dale

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Lindsay Lally

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Sandra Raisanen

    Director

    Vice President → Director, 2025

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Nicki Peterson

    Director

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Amaanda Radtke

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Pam Litsey

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Karen Johnson

    Secretary

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Ken Gustafson

    Treasurer

    Director → Treasurer, 2022

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Shannon Sams

    Vice President

    Director → Vice President, 2025

    On filings since 2022

    0.5 hrs/week

    No compensation reported

Former officers (3)
  • Former: Shawn Reed (2020–2023) — Director
  • Former: Richard Singpiel (2020–2022) — Director
  • Former: Paul Roy (2020) — Executive Secretary

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 Floy Gilman Scheidler Scholarship

How much does Floy Gilman Scheidler Scholarship give each year?

Floy Gilman Scheidler Scholarship gave $23K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $29K across 11 grants.

What is Floy Gilman Scheidler Scholarship's typical grant size?

Floy Gilman Scheidler Scholarship's median grant in 2025 was $2,250, and its average grant was $2,250, across 10 grants on its 2025 IRS Form 990-PF.

Where does Floy Gilman Scheidler Scholarship give grants?

Floy Gilman Scheidler Scholarship gives mostly in Minnesota: 93% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Connecticut (7%).

Does Floy Gilman Scheidler Scholarship give general operating support?

Not in 2025: none of the 10 grants with a stated purpose on Floy Gilman Scheidler Scholarship's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (10 grants).

How large is Floy Gilman Scheidler Scholarship?

Floy Gilman Scheidler Scholarship reported $64K in total assets on its 2025 IRS Form 990-PF. It paid out $23K in qualifying distributions that year, against a required minimum of $30K (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.

How do I apply for a grant from Floy Gilman Scheidler Scholarship?

The foundation’s filing says it 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 Floy Gilman Scheidler Scholarship's EIN?

Floy Gilman Scheidler Scholarship's EIN (Employer Identification Number) is 41-1925664. 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. Research dossier generated September 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 7, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 16, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS June 1, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Floy Gilman Scheidler Scholarship'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.

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