Lord Educational Fund
Lord Educational Fund is a private foundation based in Eagan, Minnesota, according to its filing information. Its 2025 filing reports grants for scholarships to colleges and universities and to individual recipients.
Lord Educational Fund at a glance
In short: Lord Educational Fund gave $188K across 23 grants in 2025 (avg $8K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $188,100
- +8.1% vs 2024
- Grants made (2025)
- 23
- +0.0% vs 2024
- Average grant
- $8,178
- +8.1% vs 2024
- Median grant
- $5,500
- Total assets
- $3,918,217
- +5.9% vs 2024
- Primary geography
- Illinois (68% 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 Lord Educational Fund
- Contact
Application contact: Deborah Jostes
Mailing address: Us Bank Na 108 W Market St, Taylorville, IL 62568-0350
Phone: (217) 287-1830
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Lord Educational Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of Illinois ($30K). Together the top 10 received $115K.
Organizations only. It also paid 3 individual scholarships ($31,000), which are not listed by name.
Grant Size Distribution
107 grants across all recorded years
The most common grant size was under $50K: 107 grants of 107 (100%).
Geographic Focus
Where this funder awards grants
In 2025, Illinois accounted for 68% of grant dollars, followed by Missouri at 9%, Kansas at 8%, Alabama at 5%, and Indiana at 4%. These figures describe the locations of reported recipients.
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
States
Cities
How Lord Educational Fund gives
- Giving grew 47% from 2022 to 2025. Method
- In 2025 it paid out 95% 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 $99K (2023) to $192K (2019). In 2025 it made 23 grants totaling $188K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Illinois Champaign, IL | Scholarships | $30,000 |
| Millikin University Decatur, IL | Scholarships | $22,500 |
| 3 individual scholarships Recipients not named | — | $31,000 |
| Illinois State University Normal, IL | Scholarships | $13,500 |
| Kansas State University Manhattan, KS | Scholarships | $9,500 |
| University of Alabama Tuscaloosa, AL | Scholarships | $9,000 |
| Lake Land College Mattoon, IL | Scholarships | $6,600 |
| Maryville University St. Louis, MO | Scholarships | $6,500 |
| Butler Community College Andover, KS | Scholarships | $6,000 |
| University of Missouri Columbia, MO | Scholarships | $5,500 |
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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 | $3,918,217 | $478,261 | $260,061 | $188,100 | 23 | $222,604 | $443,941 | $233,819 |
| 2024 | $3,700,027 | $194,492 | $240,645 | $174,000 | 23 | $207,088 | $160,550 | $225,194 |
| 2023 | $3,833,031 | $77,618 | $158,944 | $98,500 | 21 | $129,219 | $92,063 | $204,988 |
| 2022 | $3,824,515 | $207,967 | $191,303 | $128,000 | 19 | $156,532 | $179,870 | $222,080 |
| 2021 | $3,807,849 | $414,435 | $211,483 | $147,000 | 21 | — | $382,924 | $237,265 |
| 2020 | $3,604,925 | $216,317 | $237,578 | $183,000 | 24 | — | $187,749 | $205,770 |
| 2019 | $3,624,684 | $209,089 | $245,763 | $191,549 | 20 | — | $175,943 | $207,167 |
Under IRS private-foundation payout rules, Lord Educational Fund reported a distributable amount of $234K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for scholarships. Among its grantees, Millikin University describes its mission as integrating theory and practice to prepare students for professional success, democratic citizenship, and meaningful personal lives. Illinois College describes itself as a four-year liberal arts institution committed to scholarship and integrity. These are the grantees’ own descriptions, not statements of the foundation’s mission.
Grantmaking
In 2025, the foundation reported 23 grants totaling $188,100. Grant amounts ranged from $3,000 to $30,000, with a median of $5,500. The largest awards included $30,000 to the University of Illinois, $22,500 to Millikin University, $15,000 to an individual recipient, and $13,500 to Illinois State University; each was for scholarships. Other notable awards included $10,500 to an individual recipient Community College and $9,500 to Kansas State University, also for scholarships. The foundation also gave $4,500 to Illinois College and $3,000 each to DePaul University and the University of Mississippi in 2025.
The foundation’s 2023 filing states that it does not restrict giving to preselected organizations. That filing instructs applicants to contact Deborah Jostes for the application form and materials, deadlines, and award restrictions; it does not specify an application deadline.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists US Bank N A as trustee.
Lord Educational Fund's only listed officer is US Bank N A, Trustee on the 2025 filing (compensated).
Officers on the 2025 filing
US Bank N A
Trustee
New on the 2025 filing
1 hr/week
$66K (2025)
Former officers (1)
- Former: US Bank NA (2019–2024) — 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
The highest reported compensation on the 2025 filing was $66K, to US Bank N a (Trustee).
Frequently asked questions about Lord Educational Fund
How much does Lord Educational Fund give each year?
Lord Educational Fund gave $188K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $174K across 23 grants.
What is Lord Educational Fund's typical grant size?
Lord Educational Fund's median grant in 2025 was $5,500, and its average grant was $8,178, across 23 grants on its 2025 IRS Form 990-PF.
Where does Lord Educational Fund give grants?
Lord Educational Fund gives mostly in Illinois: 68% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Missouri (9%) and Kansas (8%). The most frequent recipient cities were Saint Louis, MO (2 grants) and Chicago, IL (2 grants).
Does Lord Educational Fund give general operating support?
Not in 2025: none of the 23 grants with a stated purpose on Lord Educational Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (23 grants).
Who are Lord Educational Fund's largest grantees?
Lord Educational Fund's largest 2025 grantees include University of Illinois ($30,000), Millikin University ($22,500) and Illinois State University ($13,500), according to its 2025 IRS Form 990-PF. It also paid 3 individual scholarships ($31,000), which are not listed by name. Together they received 35% of its itemized 2025 grant dollars.
How large is Lord Educational Fund?
Lord Educational Fund reported $3.9M in total assets on its 2025 IRS Form 990-PF. It paid out $223K in qualifying distributions that year, against a required minimum of $234K (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 does Lord Educational Fund fund?
No mission statement for the foundation is provided. Its 2025 grants show support for scholarships. Among its grantees, Millikin University describes its mission as integrating theory and practice to prepare students for professional success, democratic citizenship, and meaningful personal lives. See mission & focus areas ↑
How do I apply for a grant from Lord Educational Fund?
Lord Educational Fund has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Lord Educational Fund's EIN?
Lord Educational Fund's EIN (Employer Identification Number) is 51-0175613. IRS Form 990 filing data is available on this page for 2019–2025.
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 January 28, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 2, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 10, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 10, 2026)
- IRS filings on file for fiscal years 2019–2025
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Cite this profile
Grantable. (2026). Lord Educational Fund funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/lord-educational-fund-morg_7ebe530906c54eea9da3c1d171408e8d
BibTeX
@misc{grantable_510175613_2026,
author = {{Grantable}},
title = {{Lord Educational Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/lord-educational-fund-morg_7ebe530906c54eea9da3c1d171408e8d},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Lord 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.
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