Ray & Gertrude Webb Scholarship Fund

MILWAUKEE, WI EIN: 23-7434090

Ray & Gertrude Webb Scholarship Fund is a private foundation, based in MILWAUKEE, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $340K in total assets. In 2025, it awarded 2 grants totaling $15K. Net investment income was $20K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$340K

+0.9% YoY

Annual Giving

$15K

+2.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$8K

+2.5% YoY

Under IRS private-foundation payout rules, Ray & Gertrude Webb Scholarship Fund reported a distributable amount of $18K for 2025 — the minimum it must pay out in qualifying distributions.

About Ray & Gertrude Webb Scholarship Fund

Based on IRS filings

Ready to take the next step with Ray & Gertrude Webb Scholarship Fund?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $67K (84%)

Iowa $13K (16%)

States

Florida Iowa

Cities

AmesCedar RapidsDubuqueIowa CityTampa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$339,620	$336,670	$349,144
Revenue	$25,452	$9,280	$9,067
Expenses	$22,499	$21,760	$23,829
Qualifying Distributions	$17,229	$16,820	$19,176
Net Investment Income	$20,262	$6,077	$5,304
Distributable Amount	$18,124	$17,196	$16,797

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Grant Size Distribution

14 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Shriners Hospital-children ($12,664), University of Iowa ($2,500).

Recipient	Purpose	Amount
UNIVERSITY OF IOWA IOWA CITY, IA	SCHOLARSHIP	$2,500
SHRINERS HOSPITAL-CHILDREN TAMPA, FL	GENERAL OPERATING	$12,664

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
US BANK N A	TRUSTEE	1	$5,647

Frequently Asked Questions

How large is Ray & Gertrude Webb Scholarship Fund?

As of 2025, Ray & Gertrude Webb Scholarship Fund holds $340K in total assets with $25K in annual revenue. It awarded 2 grants totaling $15K in 2025.

Where does Ray & Gertrude Webb Scholarship Fund operate?

Ray & Gertrude Webb Scholarship Fund has awarded grants in Florida, Iowa.

What size grants does Ray & Gertrude Webb Scholarship Fund award?

In 2025, Ray & Gertrude Webb Scholarship Fund awarded 2 grants totaling $15K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Ray & Gertrude Webb Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Ray & Gertrude Webb Scholarship Fund reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ray & Gertrude Webb Scholarship Fund's EIN?

Ray & Gertrude Webb Scholarship Fund's EIN (Employer Identification Number) is 23-7434090. IRS Form 990 filing data is available on this page for 2021–2025.