Loessin Merle Memorial Scholar Tr

Private foundation · Grantmaker Saint Louis, MO EIN: 91-6423024

Loessin Merle Memorial Scholar Tr is a private foundation focused on Education, based in Saint Louis, MO. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $131K in total assets. In 2025, it awarded 2 grants totaling $5K. Net investment income was $7K.

Key facts about Loessin Merle Memorial Scholar Tr

In short: Loessin Merle Memorial Scholar Tr gave $5K across 2 grants in 2025 (avg $2K), mostly in South Dakota. Source: 2025 IRS Form 990-PF.

EIN
91-6423024
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$4,500
Grants made (2025)
2
Average grant
$2,250
Median grant
$2,250
Total assets
$130,661
Primary geography
South Dakota (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$131K

+0.1% YoY

Annual Giving

$5K

-10.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$2K

-10.0% YoY

Under IRS private-foundation payout rules, Loessin Merle Memorial Scholar Tr reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.

How Loessin Merle Memorial Scholar Tr gives

  • Giving fell 36% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

BrookingsWatertownYanktonAberdeenBookingsMadisonWorthingtonMilwaukeeRapid City

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K2 grants2019 7 grants2020 4 grants2021 4 grants2022 3 grants2023 2 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $5K (2025) to $7K (2022). In 2025 it made 2 grants totaling $5K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Mount Marty University: $2KMount Marty University$2KSouth Dakota State University: $2KSouth Dakota State University$2K

The largest 2025 recipient was Mount Marty University ($2K). Together the top 2 received $5K.

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 15 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Mount Marty University Yankton, SDScholarship$2,250
South Dakota State University Brookings, SDScholarship$2,250

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K$20K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$130,661$130,568$131,899
Revenue$9,410$8,129$4,692
Expenses$9,250$9,499$10,365
Qualifying Distributions$6,953$7,424$8,195
Net Investment Income$7,244$5,942$2,488
Distributable Amount$7,679$7,393$6,954

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 3, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Loessin Merle Memorial Scholar Tr's only listed officer is Wells Fargo Bank N A, Trustee on every filing since 2019 (compensated).

Officers on the 2025 filing

  • Wells Fargo Bank N A

    Trustee

    On filings since 2019

    1 hr/week

    $2K (2019) → $3K (2025)

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

Wells Fargo Bank N a — Trustee: $3KWells Fargo Bank N aTrustee$3K

The highest reported compensation on the 2025 filing was $3K, to Wells Fargo Bank N a (Trustee).

Frequently asked questions about Loessin Merle Memorial Scholar Tr

How much does Loessin Merle Memorial Scholar Tr give each year?

Loessin Merle Memorial Scholar Tr gave $5K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 2 grants.

How large is Loessin Merle Memorial Scholar Tr?

Loessin Merle Memorial Scholar Tr reported $131K in total assets on its 2025 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $8K (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.

What is Loessin Merle Memorial Scholar Tr?

Loessin Merle Memorial Scholar Tr is a private foundation focused on Education, based in Saint Louis, MO. It holds $131K in total assets as of 2025.

Where does Loessin Merle Memorial Scholar Tr operate?

Loessin Merle Memorial Scholar Tr has awarded grants in Minnesota, South Dakota, Wisconsin.

What is Loessin Merle Memorial Scholar Tr's EIN?

Loessin Merle Memorial Scholar Tr's EIN (Employer Identification Number) is 91-6423024. IRS Form 990 filing data is available on this page for 2019–2025.

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

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