Reifel Elwood Educational Trust

Private foundation · Grantmaker Red Oak, IA EIN: 42-6149714

Reifel Elwood Educational Trust is a private foundation, based in Red Oak, IA. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $129K in total assets. In 2026, it awarded 1 grant totaling $3K. Net investment income was $6K.

Key facts about Reifel Elwood Educational Trust

In short: Reifel Elwood Educational Trust gave $3K across 1 grant in 2026 (avg $3K), mostly in Iowa. Source: 2026 IRS Form 990-PF.

EIN
42-6149714
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$3,200
Grants made (2026)
1
Average grant
$3,200
Median grant
$3,200
Total assets
$128,595
Primary geography
Iowa (100% of itemized 2026 grant dollars)

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

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$129K

-1.1% YoY

Annual Giving

$3K

-5.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$3K

-5.9% YoY

Under IRS private-foundation payout rules, Reifel Elwood Educational Trust reported a distributable amount of $5K for 2026 — the minimum it must pay out in qualifying distributions.

How Reifel Elwood Educational Trust gives

  • Giving held roughly steady from 2023 to 2026 (−6%). Method
  • In 2026 it paid out 98% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2026 grant dollars.

States

Cities

Red Oak

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K1 grants20211 grants20221 grants20231 grants20241 grants20251 grants2026

From 2021 to 2026, annual grant giving ranged from $3K (2026) to $4K (2021). In 2026 it made 1 grant totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2026

See Attached Schedule: $3KSee Attached Schedule$3K

The largest 2026 recipient was See Attached Schedule ($3K).

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
See Attached Schedule Red Oak, IAScholarship$3,200

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$4K$6K$8K202120222023202420252026
Metric202620252024
Total Assets$128,595$129,999$127,290
Revenue$3,596$6,628$7,022
Expenses$4,800$4,976$4,926
Qualifying Distributions$4,800$4,976$4,926
Net Investment Income$6,001$5,052$5,496
Distributable Amount$4,911$5,082$4,868

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 12, 2021)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS June 13, 2022)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS June 14, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 15, 2024)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS June 2, 2025)
  6. Added Form 990-PF for fiscal year 2026 (received by the IRS June 3, 2026)
  7. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Reifel Elwood Educational Trust is led by Bryant Blay, Trustee on every filing since 2021 — the only officer listed, and uncompensated.

Officers on the 2026 filing

  • Bryant Blay

    Trustee

    On filings since 2021

    $750 (2022) → $0 (2026)

Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Bryant Blay — Trustee: $750Bryant BlayTrustee$750

The highest reported compensation on the 2023 filing was $750, to Bryant Blay (Trustee).

Frequently asked questions about Reifel Elwood Educational Trust

How much does Reifel Elwood Educational Trust give each year?

Reifel Elwood Educational 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 Reifel Elwood Educational Trust?

Reifel Elwood Educational Trust reported $129K in total assets on its 2026 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).

Where does Reifel Elwood Educational Trust operate?

Reifel Elwood Educational Trust has awarded grants in Iowa.

What is Reifel Elwood Educational Trust's EIN?

Reifel Elwood Educational Trust's EIN (Employer Identification Number) is 42-6149714. IRS Form 990 filing data is available on this page for 2021–2026.

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

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