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
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Madison Resendez ($600), Estella Heinzel ($500), Shelby Brubaker ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| ESTELLA HEINZEL IOWA CITY, IA | SCHOLARSHIP TO PAY FOR EDUCATION AT THE UNIVERSITY OF IOWA. | $500 |
| SOPHIA SCHWEPPE IOWA CITY, IA | SCHOLARSHIP TO PAY FOR EDUCATION AT THE UNIVERSITY OF IOWA. | $450 |
| JADA BLOHM IOWA CITY, IA | SCHOLARSHIP TO PAY FOR EDUCATION AT THE UNIVERSITY OF IOWA. | $450 |
| SHELBY BRUBAKER CEDAR FALLS, IA | SCHOLARSHIP TO PAY FOR EDUCATION AT UNIVERSITY OF NORTHERN IOWA. | $500 |
| MADISON RESENDEZ OAKLAND, CA | SCHOLARSHIP TO PAY FOR EDUCATION AT UC REGENTS. | $600 |
| LAUREN BOYER WAVERLY, IA | SCHOLARSHIP TO PAY FOR EDUCATION AT WARTBURG COLLEGE. | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LINCOLN SAVINGS BANK | Trustee | 2 | $2,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Frances Grimm Memorial Scholarship Fund?
Frances Grimm Memorial Scholarship Fund is a private foundation focused on Education, based in CEDAR FALLS, IA. It holds $141K in total assets as of 2024.
How large is Frances Grimm Memorial Scholarship Fund?
As of 2024, Frances Grimm Memorial Scholarship Fund holds $141K in total assets with $5K in annual revenue. It awarded 6 grants totaling $3K in 2024.
Where does Frances Grimm Memorial Scholarship Fund operate?
Frances Grimm Memorial Scholarship Fund has awarded grants in California, Iowa, Indiana, Minnesota.
What size grants does Frances Grimm Memorial Scholarship Fund award?
In 2024, Frances Grimm Memorial Scholarship Fund awarded 6 grants totaling $3K — an average of about $500 per grant, based on its IRS Form 990 filings.
What is Frances Grimm Memorial Scholarship Fund's EIN?
Frances Grimm Memorial Scholarship Fund's EIN (Employer Identification Number) is 81-6212379. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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