Miles Homer & Irene Educational Fund
Miles Homer & Irene Educational Fund is a private foundation, based in Eagan, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $654K in total assets. In 2025, it awarded 7 grants totaling $31K. Net investment income was $32K.
Miles Homer & Irene Educational Fund at a glance
In short: Miles Homer & Irene Educational Fund gave $31K across 7 grants in 2025 (avg $4K), mostly in Missouri. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $30,600
- +7.4% vs 2024
- Grants made (2025)
- 7
- +40.0% vs 2024
- Average grant
- $4,371
- -23.3% vs 2024
- Median grant
- $3,600
- Total assets
- $653,517
- -0.2% vs 2024
- Primary geography
- Missouri (88% 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 Miles Homer & Irene Educational Fund funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was University of Missouri Columbia ($9K). Together the top 6 received $23K.
Organizations only. It also paid 1 individual scholarship ($7,200), which are not listed by name.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 32 grants of 32 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
Cities
How Miles Homer & Irene Educational Fund gives
- Giving held roughly steady from 2022 to 2025 (−18%). Method
- In 2025 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2025, annual grant giving ranged from $28K (2023) to $42K (2021). In 2025 it made 7 grants totaling $31K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Missouri Columbia Columbia, MO | Scholarship | $9,000 |
| 1 individual scholarship Recipients not named | — | $7,200 |
| Missouri University of Science Rolla, MO | Scholarship | $5,400 |
| Arkansas State University Little Rock, AR | Scholarships | $3,600 |
| Three Rivers College Poplar Bluff, MO | Scholarship | $1,800 |
| Missouri State University Springfield, MO | General Operating | $1,800 |
| Central Methodist University Fayette, MO | Scholarship | $1,800 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $653,517 | $43,645 | $44,970 | $30,600 | 7 | $33,943 | $32,466 | $38,202 |
| 2024 | $654,993 | $21,873 | $42,326 | $28,500 | 5 | $31,758 | $11,491 | $36,295 |
| 2023 | $675,447 | $23,486 | $40,601 | $28,000 | 8 | $31,078 | $10,994 | $32,796 |
| 2022 | $692,566 | $17,217 | $56,369 | $37,200 | 6 | $40,384 | $7,289 | $34,084 |
| 2021 | $731,725 | $232,138 | $56,470 | $42,000 | 6 | $45,413 | $220,693 | $36,675 |
| 2020 | $556,062 | $15,196 | $54,306 | $41,000 | 6 | — | $5,725 | $33,711 |
Under IRS private-foundation payout rules, Miles Homer & Irene Educational Fund reported a distributable amount of $38K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Miles Homer & Irene Educational Fund's only listed officer is US Bank N A, Trustee on filings since 2020 (compensated).
Officers on the 2025 filing
US Bank N A
Trustee
On filings since 2020
1 hr/week
$11K (2020) → $12K (2025)
Former officers (1)
- Former: US Bank NA (2024) — Trustee
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
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $12K, to US Bank N a (Trustee).
Frequently asked questions about Miles Homer & Irene Educational Fund
How much does Miles Homer & Irene Educational Fund give each year?
Miles Homer & Irene Educational Fund gave $31K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $29K across 5 grants.
What is Miles Homer & Irene Educational Fund's typical grant size?
Miles Homer & Irene Educational Fund's median grant in 2025 was $3,600, and its average grant was $4,371, across 7 grants on its 2025 IRS Form 990-PF.
Where does Miles Homer & Irene Educational Fund give grants?
Miles Homer & Irene Educational Fund gives mostly in Missouri: 88% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Arkansas (12%).
Does Miles Homer & Irene Educational Fund give general operating support?
Yes: 14% of Miles Homer & Irene Educational Fund's 2025 grants with a stated purpose (1 of 7) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Scholarship" (4 grants).
Who are Miles Homer & Irene Educational Fund's largest grantees?
Miles Homer & Irene Educational Fund's largest 2025 grantees include University of Missouri Columbia ($9,000), Missouri University of Science ($5,400) and Arkansas State University ($3,600), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($7,200), which are not listed by name. Together they received 59% of its itemized 2025 grant dollars.
How large is Miles Homer & Irene Educational Fund?
Miles Homer & Irene Educational Fund reported $654K in total assets on its 2025 IRS Form 990-PF. It paid out $34K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Miles Homer & Irene Educational Fund's EIN?
Miles Homer & Irene Educational Fund's EIN (Employer Identification Number) is 43-6072185. 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
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- IRS filings on file for fiscal years 2020–2024
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