Mary Louise Gidley Scholarship Fund

Private foundation · Grantmaker Shenandoah, IA EIN: 42-1091743

Mary Louise Gidley Scholarship Fund is a private foundation, based in Shenandoah, IA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $377K in total assets. In 2025, it awarded 1 grant totaling $45K.

Mary Louise Gidley Scholarship Fund at a glance

In short: Mary Louise Gidley Scholarship Fund gave $45K across 1 grant in 2025 (avg $45K), mostly in Iowa. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$45,000
+7.1% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$45,000
+7.1% vs 2024
Median grant
$45,000
Total assets
$376,992
-0.4% vs 2024
Primary geography
Iowa (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Mary Louise Gidley Scholarship Fund funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Scholarships: $45KScholarships$45K

The largest 2025 recipient was Scholarships ($45K).

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 2 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Shenandoah

How Mary Louise Gidley Scholarship Fund gives

  • In 2025 it paid out 115% 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

$0$20K$40K$60K0 grants2020 0 grants2021 0 grants2022 0 grants2023 1 grant2024 1 grant2025

From 2024 to 2025, annual grant giving ranged from $42K (2024) to $45K (2025). In 2025 it made 1 grant totaling $45K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Scholarships Shenandoah, IALoans for High School Students$45,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2025$376,992$46,739$50,651$45,0001$50,651$43,919
2024$378,517$44,650$47,552$42,0001$47,552$49,767
2023$383,670$506$5,496——$36,750$5,478
2022$388,661$364$8,528——$31,250$5,425
2021$396,809$820$4,600——$41,250$5,385
2020$400,589$1,341$6,304———$5,549

Under IRS private-foundation payout rules, Mary Louise Gidley Scholarship Fund reported a distributable amount of $44K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Mary Louise Gidley Scholarship Fund is led by Kerri Nelson, Chairman on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kerri Nelson

    Chairman

    On filings since 2020

    No compensation reported

  • David Lashier

    Secretary & Treasurer

    On filings since 2020

    $500 (2020) → $0 (2025)

  • Gary Gee

    Attorney

    On filings since 2020

    $500 (2020) → $0 (2025)

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

No officer or director reported compensation in the available filings.

Frequently asked questions about Mary Louise Gidley Scholarship Fund

How much does Mary Louise Gidley Scholarship Fund give each year?

Mary Louise Gidley Scholarship Fund gave $45K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $42K across 1 grant.

How large is Mary Louise Gidley Scholarship Fund?

Mary Louise Gidley Scholarship Fund reported $377K in total assets on its 2025 IRS Form 990-PF. It paid out $51K in qualifying distributions that year, against a required minimum of $44K (roughly 5% of its investment assets).

Where does Mary Louise Gidley Scholarship Fund operate?

Mary Louise Gidley Scholarship Fund has awarded grants in Iowa.

What is Mary Louise Gidley Scholarship Fund's EIN?

Mary Louise Gidley Scholarship Fund's EIN (Employer Identification Number) is 42-1091743. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 7, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 3, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 5, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 6, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 12, 2026)
  7. IRS filings on file for fiscal years 2020–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Mary Louise Gidley Scholarship Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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