Louie & Frank Kramer Educational Trust is a private foundation focused on Education, based in MITCHELL, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26K in total assets. In 2024, it awarded 7 grants totaling $25K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26K
-18.5% YoY
Annual Giving
$25K
+27.2% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$4K
-9.1% YoY
Under IRS private-foundation payout rules, Louie & Frank Kramer Educational Trust reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
About Louie & Frank Kramer Educational Trust
Based on IRS filings
Louie & Frank Kramer Educational Trust is a private foundation focused on Education, based in MITCHELL, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26K in total assets. In 2024, it awarded 7 grants totaling $25K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,172 | $32,126 | $30,905 |
| Revenue | $1,421 | $2,542 | $630 |
| Expenses | $30,133 | $24,556 | $24,040 |
| Qualifying Distributions | $27,390 | $24,253 | $23,410 |
| Net Investment Income | — | $2,239 | — |
| Distributable Amount | $24,138 | $24,794 | $34,924 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Thomas Powell ($3,995), Mya Knippling ($3,855), Noah Hutmacher ($3,590).
| Recipient | Purpose | Amount |
|---|---|---|
| DAKOTA MUNGER MITCHELL, SD | EDUCATION | $3,390 |
| JAYNA HANDEL MITCHELL, SD | EDUCATION | $3,390 |
| KINSEY EVANS MITCHELL, SD | EDUCATION | $3,390 |
| MYA KNIPPLING MITCHELL, SD | EDUCATION | $3,855 |
| NOAH HUTMACHER MITCHELL, SD | EDUCATION | $3,590 |
| SANDLER WIEKAMP MITCHELL, SD | EDUCATION | $3,390 |
| THOMAS POWELL MITCHELL, SD | EDUCATION | $3,995 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FIRST DAKOTA NATIONAL BANK | TRUSTEE | 1 | $2,700 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Louie & Frank Kramer Educational Trust?
Louie & Frank Kramer Educational Trust is a private foundation focused on Education, based in MITCHELL, SD. It holds $26K in total assets as of 2024.
How large is Louie & Frank Kramer Educational Trust?
As of 2024, Louie & Frank Kramer Educational Trust holds $26K in total assets with $1K in annual revenue. It awarded 7 grants totaling $25K in 2024.
Where does Louie & Frank Kramer Educational Trust operate?
Louie & Frank Kramer Educational Trust has awarded grants in South Dakota.
What size grants does Louie & Frank Kramer Educational Trust award?
In 2024, Louie & Frank Kramer Educational Trust awarded 7 grants totaling $25K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Louie & Frank Kramer Educational Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Louie & Frank Kramer Educational Trust reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Louie & Frank Kramer Educational Trust's EIN?
Louie & Frank Kramer Educational Trust's EIN (Employer Identification Number) is 51-0190074. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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