The Gladstone Scholarship & Student Loan Foundation
The Gladstone Scholarship & Student Loan Foundation is a private foundation, based in Gladstone, MI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.5M in total assets. In 2025, it awarded 1 grant totaling $128K. Net investment income was $63K.
The Gladstone Scholarship & Student Loan Foundation at a glance
In short: The Gladstone Scholarship & Student Loan Foundation gave $128K across 1 grant in 2025 (avg $128K), mostly in Michigan. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $128,141
- +1.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $128,141
- +1.0% vs 2024
- Median grant
- $128,141
- Total assets
- $3,471,839
- +4.1% vs 2024
- Primary geography
- Michigan (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 The Gladstone Scholarship & Student Loan Foundation funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The Gladstone Scholarship & Student Loan Foundation gives
- Giving held roughly steady from 2022 to 2025 (−14%). 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 2019 to 2025, annual grant giving ranged from $76K (2020) to $149K (2022). In 2025 it made 1 grant totaling $128K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $128,141 |
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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 | $3,471,839 | $239,890 | $164,120 | $128,141 | 1 | $205,641 | $62,827 |
| 2024 | $3,333,502 | $183,140 | $155,076 | $126,825 | 1 | $126,825 | $52,188 |
| 2023 | $2,914,925 | $91,202 | $156,926 | $126,490 | 1 | $126,490 | $48,946 |
| 2022 | $2,777,441 | $102,879 | $178,508 | $149,000 | 1 | $237,000 | $41,509 |
| 2021 | $3,295,786 | $186,487 | $169,999 | $140,300 | 1 | — | $48,648 |
| 2020 | $3,078,823 | $49,275 | $101,735 | $76,150 | 1 | — | $44,049 |
| 2019 | $2,980,169 | $163,887 | $111,501 | $79,100 | 1 | — | $47,804 |
Leadership & Key People
Officers and directors from IRS filings
The Gladstone Scholarship & Student Loan Foundation is led by Lori Shea, President on every filing since 2019; none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lori Shea
President
On filings since 2019
No compensation reported
Erika Fix
Director
On filings since 2019
No compensation reported
Jeffyn Herioux
Director
On filings since 2019
No compensation reported
Tom Harrell
Director
On filings since 2019
No compensation reported
Andrew Jacques
Director
On filings since 2020
No compensation reported
Ben Parmet
Director
On filings since 2020
No compensation reported
Judy Cappeart
Director
On filings since 2020
No compensation reported
Marcey Skwor
Director
On filings since 2020
No compensation reported
Kathy Kohtala
Vice President
On filings since 2019
No compensation reported
Mary Bosk
Treasurer
On filings since 2019
No compensation reported
Virginia Bigsby
Secretary
On filings since 2019
No compensation reported
Former officers (1)
- Former: Brady Downey (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "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 The Gladstone Scholarship & Student Loan Foundation
How much does The Gladstone Scholarship & Student Loan Foundation give each year?
The Gladstone Scholarship & Student Loan Foundation gave $128K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $127K across 1 grant.
How large is The Gladstone Scholarship & Student Loan Foundation?
The Gladstone Scholarship & Student Loan Foundation reported $3.5M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $240K.
Where does The Gladstone Scholarship & Student Loan Foundation operate?
The Gladstone Scholarship & Student Loan Foundation has awarded grants in Michigan.
What is The Gladstone Scholarship & Student Loan Foundation's EIN?
The Gladstone Scholarship & Student Loan Foundation's EIN (Employer Identification Number) is 38-6277480. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 20, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 30, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 12, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 14, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in The Gladstone Scholarship & Student Loan Foundation's focus areas in our free grants database
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