Helen Raider Memorial Trust

Private foundation · Grantmaker Burlington, IA EIN: 42-6372386

Helen Raider Memorial Trust is a private foundation based in Burlington, Iowa. Its 2025 filing lists scholarship grants and states that awards are restricted to graduates of Des Moines County, Iowa, high schools.

Helen Raider Memorial Trust at a glance

In short: Helen Raider Memorial Trust gave $16K across 16 grants in 2025 (avg $984.375), mostly in Iowa. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$15,750
+4.3% vs 2024
Grants made (2025)
16
+0.0% vs 2024
Average grant
$984
+4.3% vs 2024
Median grant
$750
Total assets
$292,711
-1.3% vs 2024
Primary geography
Iowa (87% 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 Helen Raider Memorial Trust

Accepts unsolicited proposals
No
How to Apply

The filing states that the foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. It also lists a paper application and high school transcript as required materials, with awards restricted to graduates of Des Moines County, Iowa, high schools.

Review Cycle
March 15. This is a past cycle as of September 28, 2026.
Deadline
March 15.
Contact

Mailing address: PO Box 728, Burlington, IA 52601
Phone: (319) 753-9100

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

Who Helen Raider Memorial Trust funds

How this funder distributes its grants

Grant Size Distribution

83 grants across all recorded years

83<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 83 grants of 83 (100%).

Geographic Focus

Where this funder awards grants

The 2025 filing reports that 87% of grant dollars went to recipients in Iowa and 13% to recipients in Illinois. The filing also restricts awards to graduates of Des Moines County, Iowa, high schools.

Grant Distribution by State

2states

Share of 2025 grant dollars across all 16 itemized grants.

States

Cities

BurlingtonDallas CityDanvilleMediapolisMiddletownMonmouthMorning SunNew LondonOakvilleSperryWest BurlingtonYarmouth

How Helen Raider Memorial Trust gives

  • Giving fell 25% from 2022 to 2025. Method
  • In 2025 it paid out 91% 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$30K18 grants2019 19 grants2020 17 grants2021 18 grants2022 16 grants2023 16 grants2024 16 grants2025

From 2019 to 2025, annual grant giving ranged from $15K (2024) to $22K (2021). In 2025 it made 16 grants totaling $16K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
16 individual scholarships Recipients not named —$15,750
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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$292,711$16,174$20,087$15,75016$15,750$11,995$17,351
2024$296,624$14,908$18,740$15,10016$15,100$11,361$16,644
2023$300,456$10,117$22,404$18,90016$18,900$6,687$16,204
2022$312,743$8,793$24,661$20,95018$20,950$5,346$17,579
2021$328,611$26,347$25,925$21,85017$21,850$4,304$19,225
2020$328,189$14,816$21,480$17,60019—$6,985$19,064
2019$334,853$14,913$22,781$18,85018—$10,185$18,382

Under IRS private-foundation payout rules, Helen Raider Memorial Trust reported a distributable amount of $17K 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 trust gave $15,750 through 16 grants. Grant amounts ranged from $500 to $1,500, with a median of $750. The listed grants were for scholarships. Examples include two individual recipients, each at $1,500; four individual recipients, each at $1,400; and six listed recipients who each received $750.

Leadership & Key People

Officers and directors from IRS filings

Helen Raider Memorial Trust's only listed officer is TWO Rivers Bank & Trust, Trustee on every filing since 2023 (compensated).

Officers on the 2025 filing

  • TWO Rivers Bank & Trust

    Trustee

    On filings since 2023

    1 hr/week

    $3K (2023) → $4K (2025)

Former officers (1)
  • Former: TWO Rivers Bank & Trust Eric Benne (2019–2022) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Two Rivers Bank & Trust — Trustee: $4KTwo Rivers Bank & TrustTrustee$4K

The highest reported compensation on the 2025 filing was $4K, to Two Rivers Bank & Trust (Trustee).

Frequently asked questions about Helen Raider Memorial Trust

How much does Helen Raider Memorial Trust give each year?

Helen Raider Memorial Trust gave $16K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15K across 16 grants.

What is Helen Raider Memorial Trust's typical grant size?

Helen Raider Memorial Trust's median grant in 2025 was $750, and its average grant was $984, across 16 grants on its 2025 IRS Form 990-PF.

Where does Helen Raider Memorial Trust give grants?

Helen Raider Memorial Trust gives mostly in Iowa: 87% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Illinois (13%).

Does Helen Raider Memorial Trust give general operating support?

Not in 2025: none of the 16 grants with a stated purpose on Helen Raider Memorial Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (16 grants).

How large is Helen Raider Memorial Trust?

Helen Raider Memorial Trust reported $293K in total assets on its 2025 IRS Form 990-PF. It paid out $16K in qualifying distributions that year, against a required minimum of $17K (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 Helen Raider Memorial Trust?

The filing states that the foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Helen Raider Memorial Trust's EIN?

Helen Raider Memorial Trust's EIN (Employer Identification Number) is 42-6372386. IRS Form 990 filing data is available on this page for 2019–2025.

Does Helen Raider Memorial Trust accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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 2024 (received by the IRS May 15, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 4, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 19, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 5, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 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 Helen Raider Memorial Trust'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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