Sarver Charitable Trust
The Sarver Charitable Trust is a private foundation established in 1990 and based in Smith Center, Kansas. The trust operates as a 501(c)(3) organization with a primary focus on scholarship awards and charitable grants. The trust is administered by The Peoples Bank, which serves as an officer of the organization.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.0M
-5.2% YoY
Annual Giving
$594K
-4.3% YoY
Grant Count
113
-8.1% YoY
Avg Grant Size
$5K
+4.2% YoY
Mission & Focus Areas
The trust's stated purpose is to use all investment income in contribution distributions. Primary funding areas include:
- Scholarships for high school graduates in Osborne County, Kansas
- Leukemia research
- Human services
- Education
- Support to Roman Catholic churches
Grantmaking
Grant Range
is approximately $24,000 based on recent activity
Average Grant
is approximately $24,000 based on recent activity
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Geographic Focus
Where this funder awards grants
The trust supports communities primarily in Kansas, with additional funding extending to Georgia, Missouri, and Texas. Notable funded cities include Wichita, Kansas City, and Topeka.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue:
- Total assets: $6.04 million (as of 2024)
- Total revenues: $374,623 (2024)
- Total expenses: $705,845 (2024)
- Annual grants awarded: $621,000 (2024)
Financial Composition:
- Investment income and dividends represent a significant portion of revenue
- The trust maintains an expense ratio of 241.6%
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,040,788 | $6,374,192 | $6,803,235 |
| Revenue | $374,623 | $300,838 | $178,778 |
| Expenses | $705,845 | $726,710 | $835,418 |
| Qualifying Distributions | $623,796 | $648,861 | $732,527 |
| Net Investment Income | $284,196 | $284,632 | $291,927 |
| Distributable Amount | $720,932 | $622,906 | $655,534 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The trust is managed by a volunteer board comprising:
- Pete Bohm
- George Eakin
- Paul S. Gregory
- Lance R. Wolters
- Melvin Wilcoxson
All board members serve without compensation. The Peoples Bank serves as trustee and officer.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THE PEOPLES BANK | OFFICER | 1 | $49,870 |
| PETE BOHM | BOARD MEMBER | — | — |
| GEORGE EAKIN | BOARD MEMBER | — | — |
| PAUL S GREGORY | BOARD MEMBER | — | — |
| LANCE R WOLTERS | BOARD MEMBER | — | — |
| KIM L MOORE | BOARD MEMBER | — | — |
Contact Information
Address: Smith Center, Kansas
Phone: 785-282-6682
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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