Margaret Harvey Schering Trust for

Foundation · Grantmaker EDINA, MN EIN: 36-3616824

Margaret Harvey Schering Trust for is a private foundation, based in EDINA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 1 grants totaling $95K. Net investment income was $113K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

+0.1% YoY

Annual Giving

$95K

-5.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$95K

-5.0% YoY

Under IRS private-foundation payout rules, Margaret Harvey Schering Trust for reported a distributable amount of $103K for 2024 — the minimum it must pay out in qualifying distributions.

About Margaret Harvey Schering Trust for

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $485K (100%)

States

Minnesota

Cities

Rochester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,016,848	$2,014,004	$2,010,527
Revenue	$144,302	$67,011	$81,903
Expenses	$125,859	$136,573	$133,854
Qualifying Distributions	$95,000	$100,000	$100,000
Net Investment Income	$113,443	$30,438	$48,049
Distributable Amount	$102,591	$93,977	$97,600

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mayo Foundation ($95,000).

Recipient	Purpose	Amount
Mayo Foundation Rochester, MN	Funding for arthritis research	$95,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Mark A Gaasedelen	Trustee	3	$5,945

Frequently Asked Questions

How large is Margaret Harvey Schering Trust for?

As of 2024, Margaret Harvey Schering Trust for holds $2.0M in total assets with $144K in annual revenue. It awarded 1 grants totaling $95K in 2024.

Where does Margaret Harvey Schering Trust for operate?

Margaret Harvey Schering Trust for has awarded grants in Minnesota.

What size grants does Margaret Harvey Schering Trust for award?

In 2024, Margaret Harvey Schering Trust for awarded 1 grants totaling $95K — an average of about $95K per grant, based on its IRS Form 990 filings.

How much is Margaret Harvey Schering Trust for required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Margaret Harvey Schering Trust for reported a distributable amount of $103K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Margaret Harvey Schering Trust for's EIN?

Margaret Harvey Schering Trust for's EIN (Employer Identification Number) is 36-3616824. IRS Form 990 filing data is available on this page for 2020–2024.