Margaret Nelson Castle College Scholarship Trust
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.
Margaret Nelson Castle College Scholarship Trust at a glance
In short: Margaret Nelson Castle College Scholarship Trust gave $12K across 10 grants in 2026 (avg $1K), mostly in Kansas. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $12,272
- -15.1% vs 2025
- Grants made (2026)
- 10
- +0.0% vs 2025
- Average grant
- $1,227
- -15.1% vs 2025
- Median grant
- $710
- Total assets
- $170,652
- +0.1% vs 2025
- Primary geography
- Kansas (74% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated October 2026.
How to apply to Margaret Nelson Castle College Scholarship Trust
- How to Apply
-
The filing provides an application process through The Peoples Bank and Schedules 1 and 2.
- Review Cycle
- The 2025 filing lists April 1. That deadline is past.
- Deadline
- The 2025 filing lists April 1.
- Contact
Application contact: The Peoples Bank
Mailing address: 136 S Main, PO Box 307, Smith Center, KS 66967-0307
Phone: (785) 282-6682
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Margaret Nelson Castle College Scholarship Trust funds
How this funder distributes its grants
Grant Size Distribution
55 grants across all recorded years
The most common grant size was under $50K: 55 grants of 55 (100%).
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
Share of 2026 grant dollars across all 10 itemized grants.
Cities
How Margaret Nelson Castle College Scholarship Trust 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2026, annual grant giving ranged from $9K (2020) to $18K (2024). In 2026 it made 10 grants totaling $12K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 10 individual scholarships Recipients not named | — | $12,272 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $170,652 | $14,754 | $14,653 | $12,272 | 10 | $12,939 | $10,621 | $11,989 |
| 2025 | $170,537 | $14,448 | $17,036 | $14,455 | 10 | $15,111 | $8,436 | $11,473 |
| 2024 | $173,126 | $14,784 | $20,021 | $17,757 | 12 | $18,369 | $6,306 | $10,280 |
| 2023 | $178,363 | $4,748 | $17,388 | $15,130 | 9 | $15,736 | $6,344 | $10,269 |
| 2022 | $191,005 | $19,708 | $16,846 | $14,226 | 14 | $14,889 | $7,505 | $11,347 |
| 2021 | $188,145 | $25,957 | $11,439 | $9,283 | 8 | — | $24,536 | $9,994 |
| 2020 | $173,627 | $21,977 | $11,169 | $9,032 | 6 | — | $6,022 | $10,097 |
Under IRS private-foundation payout rules, Margaret Nelson Castle College Scholarship Trust reported a distributable amount of $12K for 2026 — the minimum it must pay out in qualifying distributions.
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).
The 2025 filing says the foundation does not restrict giving to preselected organizations. It directs applicants to contact The Peoples Bank and see Schedules 1 and 2 for forms and materials. The filing lists a restriction that recipients be high school graduates residing in Smith County, Kansas, and attending an accredited college or university.
Leadership & Key People
Officers and directors from IRS filings
Margaret Nelson Castle College Scholarship Trust's only listed officer is The Peoples Bank, Trustee on every filing since 2020 (compensated).
Officers on the 2026 filing
The Peoples Bank
Trustee
On filings since 2020
1 hr/week
$1K (2020) → $2K (2026)
Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $2K, to The Peoples Bank (Trustee).
Frequently asked questions about Margaret Nelson Castle College Scholarship Trust
How much does Margaret Nelson Castle College Scholarship Trust give each year?
Margaret Nelson Castle College Scholarship Trust 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 Scholarship Trust's typical grant size?
Margaret Nelson Castle College Scholarship Trust'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 Scholarship Trust give grants?
Margaret Nelson Castle College Scholarship Trust 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 Scholarship Trust give general operating support?
Not in 2026: none of the 10 grants with a stated purpose on Margaret Nelson Castle College Scholarship Trust's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Scholarship" (10 grants).
How large is Margaret Nelson Castle College Scholarship Trust?
Margaret Nelson Castle College Scholarship Trust 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 Scholarship Trust 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 Scholarship Trust?
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 Scholarship Trust's EIN?
Margaret Nelson Castle College Scholarship Trust's EIN (Employer Identification Number) is 20-0784171. IRS Form 990 filing data is available on this page for 2020–2026.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS June 10, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Margaret Nelson Castle College Scholarship Trust funds
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