Mary Ann Good Scholarship Fund Trust

Private foundation · Grantmaker Burlington, IA EIN: 47-6258439

Mary Ann Good Scholarship Fund Trust is a private foundation, based in Burlington, IA. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $40K in total assets. In 2026, it awarded 1 grant totaling $3K. Net investment income was $2K.

Key facts about Mary Ann Good Scholarship Fund Trust

In short: Mary Ann Good Scholarship Fund Trust gave $3K across 1 grant in 2026 (avg $3K), mostly in Iowa. Source: 2026 IRS Form 990-PF.

EIN
47-6258439
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$2,750
Grants made (2026)
1
Average grant
$2,750
Median grant
$2,750
Total assets
$39,849
Primary geography
Iowa (100% of itemized 2026 grant dollars)

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

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$40K

-1.8% YoY

Annual Giving

$3K

+10.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$3K

+10.0% YoY

Under IRS private-foundation payout rules, Mary Ann Good Scholarship Fund Trust reported a distributable amount of $3K for 2026 — the minimum it must pay out in qualifying distributions.

How Mary Ann Good Scholarship Fund Trust gives

  • Giving held roughly steady from 2023 to 2026 (+10%). Method
  • In 2026 it paid out 110% 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

1state

Share of the 2026 grant dollars on its one itemized grant.

States

Cities

Donnellson

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$3K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025 1 grant2026

From 2020 to 2026, annual grant giving ranged from $3K (2023) to $3K (2021). In 2026 it made 1 grant totaling $3K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
1 individual scholarship Recipients not named —$2,750

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$4K$6K2020 2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$39,849$40,586$41,538
Revenue$3,006$2,641$4,849
Expenses$3,743$3,593$3,462
Qualifying Distributions$3,069$2,817$2,776
Net Investment Income$2,360$1,997$1,478
Distributable Amount$2,801$2,632$2,548

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 July 24, 2020)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 23, 2021)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS July 26, 2022)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 15, 2023)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 30, 2024)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS August 19, 2025)
  7. Added Form 990-PF for fiscal year 2026 (received by the IRS August 26, 2026)
  8. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Mary Ann Good Scholarship Fund Trust's 2026 filing lists 2 officers; 1 of 2 officers listed in 2026 is compensated.

Officers on the 2026 filing

  • TWO Rivers Bank & Trust

    Trustee

    On filings since 2020

    1 hr/week

    $465 (2020) → $475 (2026)

  • First MID Bank & Trust

    Trustee

    New on the 2026 filing

    1 hr/week

    No compensation reported

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

Two Rivers Bank & Trust — Trustee: $475Two Rivers Bank & TrustTrustee$475

The highest reported compensation on the 2026 filing was $475, to Two Rivers Bank & Trust (Trustee).

Frequently asked questions about Mary Ann Good Scholarship Fund Trust

How much does Mary Ann Good Scholarship Fund Trust give each year?

Mary Ann Good Scholarship Fund Trust gave $3K across 1 grant in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $3K across 1 grant.

How large is Mary Ann Good Scholarship Fund Trust?

Mary Ann Good Scholarship Fund Trust reported $40K in total assets on its 2026 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

Where does Mary Ann Good Scholarship Fund Trust operate?

Mary Ann Good Scholarship Fund Trust has awarded grants in Iowa.

What is Mary Ann Good Scholarship Fund Trust's EIN?

Mary Ann Good Scholarship Fund Trust's EIN (Employer Identification Number) is 47-6258439. 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.

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