Martha Seeser Verfaillie Trust

Private foundation · Grantmaker Clinton, IA EIN: 42-6275075

Martha Seeser Verfaillie Trust is a private foundation, based in Clinton, IA. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $38K in total assets. In 2026, it awarded 4 grants totaling $8K. Net investment income was $293.

Key facts about Martha Seeser Verfaillie Trust

In short: Martha Seeser Verfaillie Trust gave $8K across 4 grants in 2026 (avg $2K), mostly in Iowa. Source: 2026 IRS Form 990-PF.

EIN
42-6275075
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$8,000
Grants made (2026)
4
Average grant
$2,000
Median grant
$2,000
Total assets
$37,596
Primary geography
Iowa (100% of itemized 2026 grant dollars)

Data from IRS Form 990-PF, 2026; updated September 2026.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$38K

-19.6% YoY

Annual Giving

$8K

+700.0% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$2K

+700.0% YoY

Under IRS private-foundation payout rules, Martha Seeser Verfaillie Trust reported a distributable amount of $2K for 2026 — the minimum it must pay out in qualifying distributions.

How Martha Seeser Verfaillie Trust gives

  • Giving grew 330% from 2023 to 2026. Method
  • In 2026 it paid out 535% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2026 grant dollars across all 4 itemized grants.

States

Cities

Iowa CityClintonCedar FallsCedar RapidsDavenportWaverlyAmesDes MoinesGalesburgOttumwa

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K4 grants2020 3 grants2021 4 grants2022 4 grants2023 4 grants2024 4 grants2025 4 grants2026

From 2020 to 2026, annual grant giving ranged from $1K (2025) to $8K (2026). In 2026 it made 4 grants totaling $8K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2026

University of Iowa: $4K across 2 grantsUniversity of Iowa$4K · 2 grantsClinton Community College: $2KClinton Community College$2KKirkwood Community College: $2KKirkwood Community College$2K

The largest 2026 recipient was University of Iowa ($4K across 2 grants). Together the top 3 received $8K.

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 20 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Iowa Iowa City, IAScholarships$2,000
Clinton Community College Clinton, IAScholarships$2,000
University of Iowa Iowa City, IAScholarships$2,000
Kirkwood Community College Cedar Rapids, IAScholarships$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$15K2020 2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$37,596$46,763$47,700
Revenue$894$1,518$1,370
Expenses$10,061$2,455$2,795
Qualifying Distributions$9,000$1,718$2,145
Net Investment Income$293$791$1,403
Distributable Amount$1,681$1,989$1,972

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 17, 2020)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 21, 2021)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 11, 2022)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 7, 2023)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 1, 2024)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 20, 2025)
  7. Added Form 990-PF for fiscal year 2026 (received by the IRS June 22, 2026)
  8. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Martha Seeser Verfaillie Trust is led by Barbara Griswold-Rhoades, Trustee on every filing since 2020 — the only officer listed, and compensated.

Officers on the 2026 filing

  • Barbara Griswold-Rhoades

    Trustee

    On filings since 2020

    5 hrs/week

    $250 (2020) → $300 (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

Barbara Griswold-Rhoades — Trustee: $300Barbara Griswold-RhoadesTrustee$300

The highest reported compensation on the 2026 filing was $300, to Barbara Griswold-Rhoades (Trustee).

Frequently asked questions about Martha Seeser Verfaillie Trust

How much does Martha Seeser Verfaillie Trust give each year?

Martha Seeser Verfaillie Trust gave $8K across 4 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $1K across 4 grants.

What is Martha Seeser Verfaillie Trust's typical grant size?

Martha Seeser Verfaillie Trust's median grant in 2026 was $2,000, and its average grant was $2,000, across 4 grants on its 2026 IRS Form 990-PF.

Where does Martha Seeser Verfaillie Trust give grants?

Martha Seeser Verfaillie Trust gives mostly in Iowa: 100% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Iowa City, IA (2 grants).

Does Martha Seeser Verfaillie Trust give general operating support?

Not in 2026: none of the 4 grants with a stated purpose on Martha Seeser Verfaillie Trust's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (4 grants).

How large is Martha Seeser Verfaillie Trust?

Martha Seeser Verfaillie Trust reported $38K in total assets on its 2026 IRS Form 990-PF. It paid out $9K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

What is Martha Seeser Verfaillie Trust's EIN?

Martha Seeser Verfaillie Trust's EIN (Employer Identification Number) is 42-6275075. 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.

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