Frances Grimm Memorial Scholarship Fund

CEDAR FALLS, IA EIN: 81-6212379

Frances Grimm Memorial Scholarship Fund is a private foundation focused on Education, based in CEDAR FALLS, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $141K in total assets. In 2024, it awarded 6 grants totaling $3K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$141K

+9.5% YoY

Annual Giving

$3K

+0.0% YoY

Grant Count

6

-25.0% YoY

Avg Grant Size

$500

+33.3% YoY

About Frances Grimm Memorial Scholarship Fund

Based on IRS filings

Frances Grimm Memorial Scholarship Fund is a private foundation focused on Education, based in CEDAR FALLS, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $141K in total assets. In 2024, it awarded 6 grants totaling $3K. Net investment income was $5K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AmesCedar FallsDubuqueFayetteGladbrookIowa CityMarshallNotre DameOaklandReinbeckStorm LakeTraerWaterlooWaverly

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$3K$5K$6K20202021202220232024
Metric202420232022
Total Assets$140,758$128,565$118,878
Revenue$4,659$3,609$3,745
Expenses$5,465$5,330$4,702
Qualifying Distributions$3,000$3,000$3,000
Net Investment Income$4,659$3,609$3,745
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$875$2K$3K$4K4 grants20206 grants20218 grants20228 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

MADISON RESENDEZ$600ESTELLA HEINZEL$500SHELBY BRUBAKER$500LAUREN BOYER$500SOPHIA SCHWEPPE$450JADA BLOHM$450

Grant Size Distribution

32 grants across all recorded years

32<$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

LINCOLN SAVINGS BANKTrustee$2K

From 2024 filing

NameTitleHoursCompensation
LINCOLN SAVINGS BANKTrustee2$2,000

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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