Mary Agnes Scherman & Harold Scherm

PAOLA, KS EIN: 88-3945951

Mary Agnes Scherman & Harold Scherm is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PAOLA, KS. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $3.7M in total assets. In 2025, it awarded 3 grants totaling $48K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.7M

+1.7% YoY

Annual Giving

$48K

-52.2% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$16K

-68.1% YoY

Under IRS private-foundation payout rules, Mary Agnes Scherman & Harold Scherm reported a distributable amount of $189K for 2025 — the minimum it must pay out in qualifying distributions.

About Mary Agnes Scherman & Harold Scherm

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kansas $222K (96%)

Missouri $10K (4%)

States

Kansas Missouri

Cities

ClevelandLawrenceLouisburgOlathePaola

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$3,731,435	$3,669,098	$3,579,837
Revenue	$143,359	$276,756	$3,699,515
Expenses	$81,022	$130,192	$119,678
Qualifying Distributions	$81,022	$126,952	$119,678
Net Investment Income	—	$66,947	—
Distributable Amount	$188,681	$174,744	$156,899

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Grant Size Distribution

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Lakemary Foundation ($25,000), My Father House Community Services ($12,800), Ku Endowment ($10,000).

Recipient	Purpose	Amount
KU ENDOWMENT LAWRENCE, KS	TO FUND ENDOWMENT	$10,000
LAKEMARY FOUNDATION PAOLA, KS	FACILITIES FOR EXCEPTIONAL CHILDREN	$25,000
MY FATHER HOUSE COMMUNITY SERVICES PAOLA, KS	FAMILY HOUSING	$12,800

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
KERI PETERSON	ADMINISTRATIVE OFFICER	—	—
CHRISTIAN TOMAN	INVESTMENT OFFICER	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mary Agnes Scherman & Harold Scherm?

Mary Agnes Scherman & Harold Scherm is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PAOLA, KS. It holds $3.7M in total assets as of 2025.

How large is Mary Agnes Scherman & Harold Scherm?

As of 2025, Mary Agnes Scherman & Harold Scherm holds $3.7M in total assets with $143K in annual revenue. It awarded 3 grants totaling $48K in 2025.

Where does Mary Agnes Scherman & Harold Scherm operate?

Mary Agnes Scherman & Harold Scherm has awarded grants in Kansas, Missouri.

What size grants does Mary Agnes Scherman & Harold Scherm award?

In 2025, Mary Agnes Scherman & Harold Scherm awarded 3 grants totaling $48K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Mary Agnes Scherman & Harold Scherm required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Mary Agnes Scherman & Harold Scherm reported a distributable amount of $189K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mary Agnes Scherman & Harold Scherm's EIN?

Mary Agnes Scherman & Harold Scherm's EIN (Employer Identification Number) is 88-3945951. IRS Form 990 filing data is available on this page for 2023–2025.