Reid Ferguson Memorial Scholarship Inc
Reid Ferguson Memorial Scholarship Inc is a private foundation, based in Zimmerman, MN. IRS filing data is available for 2020. As of 2020, the organization holds $74K in total assets. In 2020, it awarded 2 grants totaling $2K. Net investment income was $2K.
Reid Ferguson Memorial Scholarship Inc at a glance
In short: Reid Ferguson Memorial Scholarship Inc gave $2K across 2 grants in 2020 (avg $1K), mostly in Minnesota. Source: 2020 IRS Form 990-PF.
- Annual giving (2020)
- $2,000
- Grants made (2020)
- 2
- Average grant
- $1,000
- Median grant
- $1,000
- Total assets
- $74,095
- Primary geography
- Minnesota (100% of itemized 2020 grant dollars)
- Latest 990 filing
- Form 990-PF, 2020 View filing
Data from IRS Form 990-PF, 2020; updated October 2026.
Who Reid Ferguson Memorial Scholarship Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2020 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 2 grants totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 2 individual scholarships Recipients not named | — | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2020 | $74,095 | $5,004 | $2,796 | $2,000 | 2 | $1,692 | $3,537 |
Under IRS private-foundation payout rules, Reid Ferguson Memorial Scholarship Inc reported a distributable amount of $4K for 2020 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Reid Ferguson Memorial Scholarship Inc is led by Troy Ferguson, President on the 2020 filing; none of the 4 officers listed in 2020 report compensation.
Officers on the 2020 filing
Troy Ferguson
President
New on the 2020 filing
No compensation reported
Kathryn Ferguson
Vice President
New on the 2020 filing
No compensation reported
Taylor Guinn
Officer
New on the 2020 filing
No compensation reported
Whitney Nowariak
Officer
New on the 2020 filing
No compensation reported
Data from IRS Form 990 filings, 2020. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Reid Ferguson Memorial Scholarship Inc
How much does Reid Ferguson Memorial Scholarship Inc give each year?
Reid Ferguson Memorial Scholarship Inc gave $2K across 2 grants in 2020, according to its 2020 IRS Form 990-PF.
How large is Reid Ferguson Memorial Scholarship Inc?
Reid Ferguson Memorial Scholarship Inc reported $74K in total assets on its 2020 IRS Form 990-PF. Its revenue that year was $5K.
Where does Reid Ferguson Memorial Scholarship Inc operate?
Reid Ferguson Memorial Scholarship Inc has awarded grants in Minnesota.
How much is Reid Ferguson Memorial Scholarship Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, Reid Ferguson Memorial Scholarship Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Reid Ferguson Memorial Scholarship Inc's EIN?
Reid Ferguson Memorial Scholarship Inc's EIN (Employer Identification Number) is 47-3026481. IRS Form 990 filing data is available on this page for 2020.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- IRS filings on file for fiscal year 2020
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