Margaret Nelson Castle College

Private foundation · Grantmaker Smith Center, KS EIN: 20-0784171

MARGARET NELSON CASTLE COLLEGE is a private foundation located in Smith Center, Kansas. Its 2026 filing reports grants for educational scholarships, and its 2025 filing describes eligible recipients as high school graduates residing in Smith County, Kansas, and attending an accredited college or university.

Key facts about Margaret Nelson Castle College

In short: Margaret Nelson Castle College gave $12K across 10 grants in 2026 (avg $1K), mostly in Kansas. Source: 2026 IRS Form 990-PF.

EIN
20-0784171
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$12,272
Grants made (2026)
10
Average grant
$1,227
Median grant
$710
Total assets
$170,652
Primary geography
Kansas (74% of itemized 2026 grant dollars)
How to apply
The filing provides an application process through The Peoples Bank and Schedules 1 and 2. Full details ↓
Deadline
The 2025 filing lists April 1.

Data from IRS Form 990-PF, 2026; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$171K

+0.1% YoY

Annual Giving

$12K

-15.1% YoY

Grant Count

10

+0.0% YoY

Avg Grant Size

$1K

-15.1% YoY

Under IRS private-foundation payout rules, Margaret Nelson Castle College reported a distributable amount of $12K for 2026 — the minimum it must pay out in qualifying distributions.

How Margaret Nelson Castle College gives

  • Giving held roughly steady from 2023 to 2026 (−19%). Method
  • In 2026 it paid out 108% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2026 grants were all designated for educational scholarships. Among the recipients, Evangel University describes its mission as educating and equipping students to become “Spirit empowered servants of God”; McPherson College says it develops whole persons through scholarship, participation, and service; Friends University describes itself as a Christian university of Quaker heritage that equips students to honor God and serve others; and Sterling College identifies itself as a baccalaureate degree-granting institution.

Grantmaking

In 2026, the foundation gave $12,272 through 10 grants. Grants ranged from $375 to $2,870, with a median of $710. The largest grants went to Kansas State University ($2,870), Fort Hays State University ($2,545), and the University of Nebraska–Kearney ($2,205), each for educational scholarships. Other recipients included Evangel University ($945), Friends University ($710), McPherson College ($710), the University of Kansas Medical Center ($675), Washburn University ($650), Sterling College ($587), and the University of Kansas ($375).

Review Cycle

The 2025 filing lists April 1. That deadline is past.

How to Apply

through The Peoples Bank and Schedules 1 and 2.

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Geographic Focus

Where this funder awards grants

The foundation is based in Smith Center, Kansas. In 2026, 74% of grant dollars went to recipients in Kansas, 18% to Nebraska, and 8% to Missouri.

Grant Distribution by State

6states

Share of 2026 grant dollars across all 10 itemized grants.

Cities

HaysManhattanKansas CityGreat BendLawrenceConcordiaTopekaWichitaKearneyLindsborgBaldwin CityHastingsHutchinsonOverland ParkSalinaSpringfieldTahlequahAtchisonBeloitHillsboro

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K6 grants2020 8 grants2021 14 grants2022 9 grants2023 12 grants2024 10 grants2025 10 grants2026

From 2020 to 2026, annual grant giving ranged from $9K (2020) to $18K (2024). In 2026 it made 10 grants totaling $12K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2026

Kansas State University: $3KKansas State University$3KFort Hays State Universit: $3KFort Hays State Universit$3KUniversity of Nebraska - Kearney: $2KUniversity of Nebraska -Kearney$2KEvangel University: $945Evangel University$945Friends University: $710Friends University$710McPherson College: $710McPherson College$710University of Kansas Medical Center: $675University of Kansas MedicalCenter$675Washburn University: $650Washburn University$650Sterling College: $587Sterling College$587University of Kansas: $375University of Kansas$375

The largest 2026 recipient was Kansas State University ($3K). Together the top 10 received $12K.

Grant Size Distribution

55 grants across all recorded years

55<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 55 grants of 55 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Kansas State University Manhattan, KSEducational Scholarship$2,870
Fort Hays State Universit Hays, KSEducational Scholarship$2,545
University of Nebraska - Kearney Kearney, NEEducational Scholarship$2,205
Evangel University Springfield, MOEducational Scholarship$945
Friends University Wichita, KSEducational Scholarship$710
McPherson College McPherson, KSEducational Scholarship$710
University of Kansas Medical Center Kansas City, KSEducational Scholarship$675
Washburn University Topeka, KSEducational Scholarship$650
Sterling College Sterling, KSEducational Scholarship$587
University of Kansas Lawrence, KSEducational Scholarship$375

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2026 $170,652 $14,754 $14,653 $12,272
2025 $170,537 $14,448 $17,036 $14,455
2024 $173,126 $14,784 $20,021 $17,757
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K2020 2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$170,652$170,537$173,126
Revenue$14,754$14,448$14,784
Expenses$14,653$17,036$20,021
Qualifying Distributions$12,939$15,111$18,369
Net Investment Income$10,621$8,436$6,306
Distributable Amount$11,989$11,473$10,280

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS June 10, 2026)
  2. IRS filings on file for fiscal years 2020–2025

Contact

Application contact: The Peoples Bank
Mailing address: 136 S Main, PO Box 307, Smith Center, KS 66967-0307
Phone: (785) 282-6682

Frequently asked questions about Margaret Nelson Castle College

How much does Margaret Nelson Castle College give each year?

Margaret Nelson Castle College gave $12K across 10 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $14K across 10 grants.

What is Margaret Nelson Castle College's typical grant size?

Margaret Nelson Castle College's median grant in 2026 was $710, and its average grant was $1,227, across 10 grants on its 2026 IRS Form 990-PF.

Where does Margaret Nelson Castle College give grants?

Margaret Nelson Castle College gives mostly in Kansas: 74% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest states were Nebraska (18%) and Missouri (8%).

Does Margaret Nelson Castle College give general operating support?

Not in 2026: none of the 10 grants with a stated purpose on Margaret Nelson Castle College's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Scholarship" (10 grants).

Who are Margaret Nelson Castle College's largest grantees?

Margaret Nelson Castle College's largest 2026 grantees include Kansas State University ($2,870), Fort Hays State Universit ($2,545) and University of Nebraska - Kearney ($2,205), according to its 2026 IRS Form 990-PF. Together they received 62% of its itemized 2026 grant dollars.

How large is Margaret Nelson Castle College?

Margaret Nelson Castle College reported $171K in total assets on its 2026 IRS Form 990-PF. It paid out $13K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).

What does Margaret Nelson Castle College fund?

No mission statement for the foundation is provided. Its 2026 grants were all designated for educational scholarships. See mission & focus areas ↑

How do I apply for a grant from Margaret Nelson Castle College?

The filing provides an application process through The Peoples Bank and Schedules 1 and 2. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Margaret Nelson Castle College's EIN?

Margaret Nelson Castle College's EIN (Employer Identification Number) is 20-0784171. IRS Form 990 filing data is available on this page for 2020–2026.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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