Loessin Merle Memorial Scholar Tr
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.
Loessin Merle Memorial Scholar Tr at a glance
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.
- Annual giving (2025)
- $4,500
- -10.0% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $2,250
- -10.0% vs 2024
- Median grant
- $2,250
- Total assets
- $130,661
- +0.1% vs 2024
- Primary geography
- South Dakota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Loessin Merle Memorial Scholar Tr funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Mount Marty University ($2K).
Organizations only. It also paid 1 individual scholarship ($2,250), which are not listed by name.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $5K (2025) to $7K (2022). In 2025 it made 2 grants totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mount Marty University Yankton, SD | Scholarship | $2,250 |
| 1 individual scholarship Recipients not named | — | $2,250 |
Ready to take the next step with Loessin Merle Memorial Scholar Tr?
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 | $130,661 | $9,410 | $9,250 | $4,500 | 2 | $6,953 | $7,244 | $7,679 |
| 2024 | $130,568 | $8,129 | $9,499 | $5,000 | 2 | $7,424 | $5,942 | $7,393 |
| 2023 | $131,899 | $4,692 | $10,365 | $6,000 | 3 | $8,195 | $2,488 | $6,954 |
| 2022 | $137,604 | $6,806 | $11,338 | $7,000 | 4 | $9,149 | $4,773 | $7,444 |
| 2021 | $142,261 | $14,210 | $11,246 | $7,000 | 4 | $9,008 | $11,994 | $8,854 |
| 2020 | $138,795 | $12,954 | $11,420 | $7,000 | 7 | — | $10,931 | $9,210 |
| 2019 | $135,263 | $15,412 | $9,957 | $6,000 | 2 | — | $13,395 | $7,000 |
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.
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
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.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 3, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Loessin Merle Memorial Scholar Tr funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Loessin Merle Memorial Scholar Tr's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Sacred Heart Health Services
Yankton, SD
Avera is a health ministry rooted in the Gospel. Our mission is to make a positive impact in the lives and health of persons and communities by providing quality services guided by Christian values.
Assets
$475.8M
Grants
0
Total Given
$55
Yankton Thrive Inc
Yankton, SD
To provide leadership in fostering efficient growth of the yankton area economy.
Assets
$10.6M
Grants
1
Total Given
$395K
Paine Dick Educational Trust
Doland, SD
Assets
$372K
Grants
1
Total Given
$9K
St Benedict Health Center
Parkston, SD
Avera is a health ministry rooted in the Gospel. Our mission is to make a positive impact in the lives and health of persons and communities by providing quality services guided by Christian values.
Assets
$107.3M
Grants
0
Total Given
$28K
Mitchell-Gantz Educational & Charitable Trust
Overland Park, KS
Assets
$207K
Grants
6
Total Given
$15K
Towe Foundation
Lakeway, TX
Assets
$162K
Grants
8
Total Given
$8K
More similar funders
More Funders in Missouri
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Loessin Merle Memorial Scholar Tr'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.
Loessin Merle Memorial Scholar Tr down — hundreds of funders to go?