Lake Matthews Educational Fund
Lake Matthews Educational Fund is a private foundation based in Shenandoah, Iowa. Its 2025 filing reports scholarship grants to individual recipients in Iowa.
Lake Matthews Educational Fund at a glance
In short: Lake Matthews Educational Fund gave $16K across 19 grants in 2025 (avg $842.105), mostly in Iowa. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $16,000
- +28.0% vs 2024
- Grants made (2025)
- 19
- +5.6% vs 2024
- Average grant
- $842
- +21.3% vs 2024
- Median grant
- $1,000
- Total assets
- $396,265
- -0.0% vs 2024
- Primary geography
- Iowa (100% 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 Lake Matthews Educational Fund
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: PO Box 307, Shenandoah, IA 51601
Phone: (712) 246-2029
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Lake Matthews Educational Fund funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Aliyah Parker ($1K). Together the top 2 received $2K.
Organizations only. It also paid 17 individual scholarships ($14,500), which are not listed by name.
Grant Size Distribution
87 grants across all recorded years
The most common grant size was under $50K: 87 grants of 87 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for filing year 2025 went to recipients in Iowa.
Grant Distribution by State
Share of 2025 grant dollars across all 19 itemized grants.
States
Cities
How Lake Matthews Educational Fund gives
- Giving held roughly steady from 2022 to 2025 (+10%). Method
- In 2025 it paid out 89% 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
From 2019 to 2025, annual grant giving ranged from $13K (2024) to $25K (2019). In 2025 it made 19 grants totaling $16K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 17 individual scholarships Recipients not named | — | $14,500 |
| Aliyah Parker Shenandoah, IA | Scholarhsip | $1,000 |
| Reed Finnegan Shenandoah, IA | Scholarhsip | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $396,265 | $19,534 | $19,563 | $16,000 | 19 | $17,217 | $10,188 | $19,419 |
| 2024 | $396,294 | $31,200 | $14,900 | $12,500 | 18 | $14,880 | $13,180 | $19,495 |
| 2023 | $379,994 | $13,101 | $17,207 | $16,000 | 16 | $17,187 | $13,081 | $19,240 |
| 2022 | $384,100 | $6,063 | $17,298 | $14,500 | 15 | $17,278 | $6,043 | $19,746 |
| 2021 | $395,345 | $4,803 | $14,727 | $14,500 | 19 | $14,596 | $4,803 | $20,828 |
| 2020 | $405,269 | $9,723 | $14,060 | $22,000 | 22 | — | $9,723 | $21,254 |
| 2019 | $409,606 | $9,662 | $25,907 | $24,500 | 24 | — | $9,267 | $21,441 |
Under IRS private-foundation payout rules, Lake Matthews Educational Fund reported a distributable amount of $19K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Grantmaking
In filing year 2025, the fund reported 19 grants totaling $16,000. Grant amounts ranged from $500 to $2,500, with a median of $1,000. The listed grants were for scholarships.
The largest listed grant was $2,500 to an individual recipient in Iowa. Other listed grants included $1,000 awards to individual recipients, including one to an individual in Shenandoah, Iowa, and $500 awards to individual recipients.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Stephanie Langner as president and Brendon Bruns as treasurer.
Lake Matthews Educational Fund is led by Stephanie Langner, President on the 2025 filing; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Stephanie Langner
President
New on the 2025 filing
No compensation reported
Brendon Bruns
Treasurer
New on the 2025 filing
No compensation reported
Former officers (4)
- Former: David Lashier (2019–2024) — Treasurer
- Former: Bailey Campin (2024) — President
- Former: Carol Lee Rees (2019–2023) — President
- Former: Heather Weiss (2019–2023) — Vice President
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.
Frequently asked questions about Lake Matthews Educational Fund
How much does Lake Matthews Educational Fund give each year?
Lake Matthews Educational Fund gave $16K across 19 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $13K across 18 grants.
What is Lake Matthews Educational Fund's typical grant size?
Lake Matthews Educational Fund's median grant in 2025 was $1,000, and its average grant was $842, across 19 grants on its 2025 IRS Form 990-PF.
Where does Lake Matthews Educational Fund give grants?
Lake Matthews Educational Fund gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Shenandoah, IA (2 grants).
Does Lake Matthews Educational Fund give general operating support?
Not in 2025: none of the 19 grants with a stated purpose on Lake Matthews Educational Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (17 grants).
How large is Lake Matthews Educational Fund?
Lake Matthews Educational Fund reported $396K in total assets on its 2025 IRS Form 990-PF. It paid out $17K in qualifying distributions that year, against a required minimum of $19K (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 Lake Matthews Educational Fund?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Lake Matthews Educational Fund's EIN?
Lake Matthews Educational Fund's EIN (Employer Identification Number) is 42-1491841. IRS Form 990 filing data is available on this page for 2019–2025.
Does Lake Matthews Educational Fund 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 October 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 17, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 8, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 8, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 23, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 12, 2026)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Lake Matthews Educational Fund funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Lake Matthews Educational Fund's focus areas in our free grants database
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Figures come from Lake Matthews Educational Fund'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.
Lake Matthews Educational Fund down — hundreds of funders to go?