Margaret Harvey Schering Trust for
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 $1.5M in total assets. In 2024, it awarded 2 grants totaling $120K. Net investment income was $116K.
Margaret Harvey Schering Trust for at a glance
In short: Margaret Harvey Schering Trust for gave $120K across 2 grants in 2024 (avg $60K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $120,000
- +0.0% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $60,000
- +0.0% vs 2023
- Median grant
- $60,000
- Total assets
- $1,516,505
- -0.0% vs 2023
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Margaret Harvey Schering Trust for funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was University of Minnesota Foundation ($80K). Together the top 2 received $120K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 5 grants of 10 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Margaret Harvey Schering Trust for gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2024 it paid out 87% 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 2020 to 2024, annual grant giving ranged from $120K (2020) to $128K (2022). In 2024 it made 2 grants totaling $120K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Minnesota Foundation Minneapolis, MN | Funding for cancer research | $80,000 |
| Mayo Clinic Rochester, MN | Funding for Cancer Research | $40,000 |
Ready to take the next step with Margaret Harvey Schering Trust for?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,516,505 | $162,816 | $166,357 | $120,000 | 2 | $120,000 | $116,459 | $137,412 |
| 2023 | $1,516,716 | $92,733 | $159,953 | $120,000 | 2 | $120,000 | $52,780 | $119,728 |
| 2022 | $1,508,214 | $119,058 | $176,051 | $128,000 | 2 | $128,000 | $71,224 | $121,064 |
| 2021 | $1,508,602 | $177,747 | $165,731 | $120,000 | 2 | $120,000 | $132,016 | $136,894 |
| 2020 | $1,508,660 | $141,151 | $164,953 | $120,000 | 2 | — | $96,198 | $112,277 |
Under IRS private-foundation payout rules, Margaret Harvey Schering Trust for reported a distributable amount of $137K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Margaret Harvey Schering Trust for is led by Mark A Gaasedelen, Trustee on every filing since 2020 — the only officer listed, and compensated.
Officers on the 2024 filing
Mark A Gaasedelen
Trustee
On filings since 2020
3 hrs/week
$17K (2020) → $10K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $10K, to Mark A Gaasedelen (Trustee).
Frequently asked questions about Margaret Harvey Schering Trust for
How much does Margaret Harvey Schering Trust for give each year?
Margaret Harvey Schering Trust for gave $120K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $120K across 2 grants.
How large is Margaret Harvey Schering Trust for?
Margaret Harvey Schering Trust for reported $1.5M in total assets on its 2024 IRS Form 990-PF. It paid out $120K in qualifying distributions that year, against a required minimum of $137K (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.
Where does Margaret Harvey Schering Trust for operate?
Margaret Harvey Schering Trust for has awarded grants in Minnesota.
What is Margaret Harvey Schering Trust for's EIN?
Margaret Harvey Schering Trust for's EIN (Employer Identification Number) is 36-3615777. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Margaret Harvey Schering Trust for's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Poepl Family Foundation
Vermillion, MN
Assets
$990K
Grants
1
Total Given
$150K
The Andersen Family Foundation Inc
Wayzata, MN
Assets
$2.0M
Grants
2
Total Given
$45K
Longview Foundation
Milwaukee, WI
Longview Foundation primarily supports global education, including teacher preparation, K–12 initiatives, and programs that bring international perspectives into U.S. education. Its teacher-preparation grants are typically $10,000–$22,000, with up to $30,000 for multi-institution initiatives; its 2024 filing says all grant dollars went to Wisconsin recipients. It does not accept unsolicited requests; full proposals are by invitation only.
Assets
$17.3M
Grants
1
Total Given
$3.2M
Aplin Family Foundation
Eden Prairie, MN
Assets
—
Grants
2
Total Given
$29K
Tradition Family Foundation
Lakeville, MN
Tradition Family Foundation supports youth hockey programs and families with disabilities, with its 2025 grants going to Minnesota recipients. Recent awards ranged from $500 to $2,000, though its annual grantmaking has varied substantially. It accepts applications using its grant cover sheet or the Minnesota Common Grant Application, with a narrative; no deadline is stated.
Assets
$33K
Grants
4
Total Given
$4K
Marilyn and Glen Nelson Family Foundation
Minnetonka, MN
The foundation supports arts and cultural organizations, higher education scholarships, and democracy-related work, with 2025 grants ranging from $10,000 to $499,318 and a median of $124,636. Giving is concentrated in Minnesota, with additional grants in Massachusetts and Washington, D.C. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$5.7M
Grants
4
Total Given
$759K
More similar funders
More Funders in Minnesota
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Margaret Harvey Schering Trust for'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.
Margaret Harvey Schering Trust for down — hundreds of funders to go?