Specht Educational Trust
Specht Educational Trust is a private foundation focused on Education, based in Cherokee, IA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 8 grants totaling $40K. Net investment income was $103K.
Specht Educational Trust at a glance
In short: Specht Educational Trust gave $40K across 8 grants in 2025 (avg $5K), mostly in Iowa. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $40,000
- +100.0% vs 2024
- Grants made (2025)
- 8
- +100.0% vs 2024
- Average grant
- $5,000
- +0.0% vs 2024
- Median grant
- $5,000
- Total assets
- $1,233,645
- +6.9% vs 2024
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Specht Educational Trust funds
How this funder distributes its grants
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 20 grants of 20 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
States
Cities
How Specht Educational Trust gives
- Giving grew 1233% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $3K (2021) to $40K (2025). In 2025 it made 8 grants totaling $40K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 8 grants to individuals Recipients not named | — | $40,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2025 | $1,233,645 | $127,919 | $65,030 | $40,000 | 8 | $40,000 | $102,889 |
| 2024 | $1,154,074 | $129,287 | $43,242 | $20,000 | 4 | $20,000 | $129,287 |
| 2023 | $1,100,607 | $30,922 | $38,987 | $6,000 | 4 | $6,000 | — |
| 2022 | $1,130,248 | $25,516 | $13,274 | $3,000 | 2 | $3,000 | $15,252 |
| 2021 | $824,621 | $34,188 | $14,987 | $3,000 | 2 | $3,000 | $34,188 |
| 2020 | $794,087 | $1,815 | $500 | — | — | — | $6,372 |
Leadership & Key People
Officers and directors from IRS filings
Specht Educational Trust's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Cherokee State Bank
Trustee
On filings since 2020
2 hrs/week
$200 (2020) → $0 (2025)
Loughlin Law Firm
Trustee
On filings since 2020
2 hrs/week
$300 (2020) → $0 (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
No officer or director reported compensation in the available filings.
Frequently asked questions about Specht Educational Trust
How much does Specht Educational Trust give each year?
Specht Educational Trust gave $40K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $20K across 4 grants.
What is Specht Educational Trust's typical grant size?
Specht Educational Trust's median grant in 2025 was $5,000, and its average grant was $5,000, across 8 grants on its 2025 IRS Form 990-PF.
Where does Specht Educational Trust give grants?
Specht Educational Trust gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Specht Educational Trust give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Specht Educational Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable / Education" (8 grants).
How large is Specht Educational Trust?
Specht Educational Trust reported $1.2M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $128K.
What is Specht Educational Trust?
Specht Educational Trust is a private foundation focused on Education, based in Cherokee, IA. It holds $1.2M in total assets as of 2025.
What is Specht Educational Trust's EIN?
Specht Educational Trust's EIN (Employer Identification Number) is 85-6577227. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 5, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 4, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- IRS filings on file for fiscal years 2020–2024
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