Ruby Schrader Trust
Ruby Schrader Trust is a private foundation, based in BILLINGS, MT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $109K in total assets. In 2024, it awarded 2 grants totaling $5K. Net investment income was $6K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$109K
-1.3% YoY
Annual Giving
$5K
+5.2% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$3K
+5.2% YoY
Under IRS private-foundation payout rules, Ruby Schrader Trust reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
About Ruby Schrader Trust
Based on IRS filings
Ruby Schrader Trust is a private foundation, based in BILLINGS, MT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $109K in total assets. In 2024, it awarded 2 grants totaling $5K. Net investment income was $6K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $109,025 | $110,467 | $107,285 |
| Revenue | $7,035 | $11,272 | $-724 |
| Expenses | $8,464 | $8,071 | $8,877 |
| Qualifying Distributions | $7,099 | $6,962 | $6,657 |
| Net Investment Income | $5,924 | $10,226 | $2,226 |
| Distributable Amount | $6,327 | $5,970 | $6,386 |
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 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Des Moines Area Community College ($2,531), University of Northern Iowa ($2,531).
| Recipient | Purpose | Amount |
|---|---|---|
| DES MOINES AREA COMMUNITY COLLEGE ANKENY, IA | SCHOLARSHIP | $2,531 |
| UNIVERSITY OF NORTHERN IOWA CEDAR FALLS, IA | SCHOLARSHIP | $2,531 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FIRST INTERSTATE BANK | TRUSTEE | 2 | $1,306 |
Frequently Asked Questions
How large is Ruby Schrader Trust?
As of 2024, Ruby Schrader Trust holds $109K in total assets with $7K in annual revenue. It awarded 2 grants totaling $5K in 2024.
Where does Ruby Schrader Trust operate?
Ruby Schrader Trust has awarded grants in Iowa.
What size grants does Ruby Schrader Trust award?
In 2024, Ruby Schrader Trust awarded 2 grants totaling $5K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Ruby Schrader Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ruby Schrader Trust reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ruby Schrader Trust's EIN?
Ruby Schrader Trust's EIN (Employer Identification Number) is 81-6135191. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Ruby Schrader Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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