Trek Scholarship Foundation Inc
Trek Scholarship Foundation Inc is a private foundation based in Waterloo, Wisconsin. Its 2025 filing reports 79 grants totaling $385,500, all described in the filing’s largest-grant examples as college scholarships to individual recipients.
Trek Scholarship Foundation Inc at a glance
In short: Trek Scholarship Foundation Inc gave $386K across 79 grants in 2025 (avg $5K), mostly in Wisconsin. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $385,500
- +295.4% vs 2024
- Grants made (2025)
- 79
- +102.6% vs 2024
- Average grant
- $4,880
- +95.2% vs 2024
- Median grant
- $5,000
- Total assets
- $2,854,754
- -2.6% vs 2024
- Primary geography
- Wisconsin (64% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Trek Scholarship Foundation Inc
- Accepts unsolicited proposals
- Yes
- How to Apply
The 2024 filing says the foundation accepts unsolicited requests and describes an application requiring applicant and school information, school tuition costs, parent information, a résumé, a letter of recommendation,…
The 2024 filing says the foundation accepts unsolicited requests and describes an application requiring applicant and school information, school tuition costs, parent information, a résumé, a letter of recommendation, and an essay, among other materials. Awards must be used for tuition, housing, books, fees, and/or transportation at an accredited post-secondary educational program or institution.
- Review Cycle
- The 2024 filing states that a selected date is set each year; it does not specify a date for a current application cycle.
- Deadline
- The 2024 filing states that a selected date is set each year; it does not specify a date for a current application…
- Contact
Application contact: Simone Condreay
Mailing address: 801 W Madison Street, Waterloo, WI 53594
Phone: (920) 478-2191
Email: simone_condreay@trekbikes.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Trek Scholarship Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
289 grants across all recorded years
The most common grant size was under $50K: 288 grants of 289 (100%).
Geographic Focus
Where this funder awards grants
In 2025, Wisconsin accounted for 64% of grant dollars, followed by Minnesota at 7%, Ohio at 4%, Michigan at 4%, and Missouri at 3%.
Grant Distribution by State
Share of 2025 grant dollars across all 79 itemized grants.
States
Cities
How Trek Scholarship Foundation Inc gives
- Giving grew 53% from 2022 to 2025. Method
- In 2025 it paid out 236% of its IRS minimum distribution (the 5% rule). 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 2020 to 2025, annual grant giving ranged from $98K (2024) to $545K (2023). In 2025 it made 79 grants totaling $386K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 50 individual scholarships Recipients not named | — | $261,000 |
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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 | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,854,754 | $370,282 | $445,729 | $385,500 | 79 | $406,762 | $331,315 | $172,634 |
| 2024 | $2,930,201 | $143,056 | $145,365 | $97,500 | 39 | $109,187 | $106,878 | $173,799 |
| 2023 | $2,927,510 | $93,759 | $585,927 | $544,500 | 89 | $554,087 | $61,919 | $178,069 |
| 2022 | $3,411,678 | $178,076 | $297,703 | $252,500 | 52 | $261,000 | $141,203 | $200,456 |
| 2021 | $3,531,305 | $290,951 | $278,262 | $240,000 | 30 | — | $253,673 | $206,634 |
| 2020 | $3,518,616 | $45,687 | $173,617 | $121,500 | 30 | — | $49,390 | $199,737 |
Under IRS private-foundation payout rules, Trek Scholarship Foundation Inc reported a distributable amount of $173K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Grantmaking
In filing year 2025, the foundation reported 79 grants totaling $385,500. Grant amounts ranged from $2,000 to $6,000, with a median of $5,000. The largest reported grants were $6,000 each; the listed purposes were college scholarships.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Elaine Burke as president and director, Michele Deubel as secretary, treasurer, and director, and Mark Joslyn as director.
Trek Scholarship Foundation Inc is led by Elaine Burke, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Elaine Burke
President & Director
On filings since 2020
10 hrs/week
No compensation reported
Mark Joslyn
Director
On filings since 2020
10 hrs/week
No compensation reported
Michele Deubel
Secretary, Treasurer & Director
On filings since 2020
10 hrs/week
No compensation reported
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.
Frequently asked questions about Trek Scholarship Foundation Inc
How much does Trek Scholarship Foundation Inc give each year?
Trek Scholarship Foundation Inc gave $386K across 79 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $98K across 39 grants.
What is Trek Scholarship Foundation Inc's typical grant size?
Trek Scholarship Foundation Inc's median grant in 2025 was $5,000, and its average grant was $4,880, across 79 grants on its 2025 IRS Form 990-PF.
Where does Trek Scholarship Foundation Inc give grants?
Trek Scholarship Foundation Inc gives mostly in Wisconsin: 64% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Minnesota (7%).
Does Trek Scholarship Foundation Inc give general operating support?
Not in 2025: none of the 79 grants with a stated purpose on Trek Scholarship Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "College Scholarship" (79 grants).
How large is Trek Scholarship Foundation Inc?
Trek Scholarship Foundation Inc reported $2.9M in total assets on its 2025 IRS Form 990-PF. It paid out $407K in qualifying distributions that year, against a required minimum of $173K (roughly 5% of its investment assets).
How do I apply for a grant from Trek Scholarship Foundation Inc?
The 2024 filing says the foundation accepts unsolicited requests and describes an application requiring applicant and school information, school tuition costs, parent information, a résumé, a letter of recommendation,… Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Trek Scholarship Foundation Inc's EIN?
Trek Scholarship Foundation Inc's EIN (Employer Identification Number) is 20-4143271. IRS Form 990 filing data is available on this page for 2020–2025.
Does Trek Scholarship Foundation Inc accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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