To provide for student loans, scholarships and grants for individuals attending morningside college, buena vista university and cornell college.
Key facts about Mabel E Sherman Educational Fund
In short: Mabel E Sherman Educational Fund gave $202K across 3 grants in 2026 (avg $67K), mostly in Iowa. Source: 2026 IRS Form 990.
- EIN
- 42-6278859
- Latest 990 filing
- Form 990, 2026
- Annual giving (2026)
- $202,068
- Grants made (2026)
- 3
- Average grant
- $67,356
- Median grant
- $80,827
- Total assets
- $8,139,620
- Primary geography
- Iowa (100% of itemized 2026 grant dollars)
Data from IRS Form 990, 2026; updated September 2026.
Financial Overview
From 2026 IRS Form 990 · View filing
Total Assets
$8.1M
+2.3% YoY
Annual Giving
$202K
+44.7% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$67K
+44.7% YoY
How Mabel E Sherman Educational Fund gives
- Giving grew 37% from 2023 to 2026. Method
From the foundation's IRS Form 990 filings. Methodology.
About Mabel E Sherman Educational Fund
Based on IRS filings
Mabel E Sherman Educational Fund is a nonprofit organization focused on Education, based in Storm Lake, IA. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $8.1M in total assets. In 2026, it awarded 3 grants totaling $202K. Net investment income was $447K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2026 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2026
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MORNINGSIDE COLLEGE Sioux City, IA | STUDENT LOANS | $80,827 |
| BUENA VISTA UNIVERSITY Storm Lake, IA | STUDENT LOANS | $80,827 |
| CORNELL COLLEGE Mount Vernon, IA | STUDENT LOANS | $40,414 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2026 | 2025 | 2024 |
|---|---|---|---|
| Total Assets | $8,139,620 | $7,954,280 | $7,781,912 |
| Revenue | $446,879 | $364,570 | $304,178 |
| Expenses | $261,539 | $192,202 | $218,570 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $446,879 | $364,570 | $304,178 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 4, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 1, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 9, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 19, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS July 28, 2025)
- Added Form 990 for fiscal year 2026 (received by the IRS July 30, 2026)
Frequently asked questions about Mabel E Sherman Educational Fund
How much does Mabel E Sherman Educational Fund give each year?
Mabel E Sherman Educational Fund gave $202K across 3 grants in 2026, according to its 2026 IRS Form 990. In 2025 it gave $140K across 3 grants.
What is Mabel E Sherman Educational Fund's typical grant size?
Mabel E Sherman Educational Fund's median grant in 2026 was $80,827, and its average grant was $67,356, across 3 grants on its 2026 IRS Form 990.
Where does Mabel E Sherman Educational Fund give grants?
Mabel E Sherman Educational Fund gives mostly in Iowa: 100% of the grant dollars itemized on its 2026 IRS Form 990 went to recipients there.
Does Mabel E Sherman Educational Fund give general operating support?
Not in 2026: none of the 3 grants with a stated purpose on Mabel E Sherman Educational Fund's 2026 IRS Form 990 were described as general or operating support. Recurring purposes include "Student Loans" (3 grants).
How large is Mabel E Sherman Educational Fund?
Mabel E Sherman Educational Fund reported $8.1M in total assets on its 2026 IRS Form 990. Its revenue that year was $447K.
What is Mabel E Sherman Educational Fund?
Mabel E Sherman Educational Fund is a nonprofit organization focused on Education, based in Storm Lake, IA. It holds $8.1M in total assets as of 2026.
What is Mabel E Sherman Educational Fund's EIN?
Mabel E Sherman Educational Fund's EIN (Employer Identification Number) is 42-6278859. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Mabel E Sherman Educational Fund by hand.
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