Truman and Lorraine Julseth Scholarship
Truman and Lorraine Julseth Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHWOOD, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $149K in total assets. In 2024, it awarded 2 grants totaling $7K. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$149K
+3357.1% YoY
Annual Giving
$7K
Grant Count
2
Avg Grant Size
$4K
About Truman and Lorraine Julseth Scholarship
Based on IRS filings
Truman and Lorraine Julseth Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHWOOD, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $149K in total assets. In 2024, it awarded 2 grants totaling $7K. Net investment income was $8K.
Focus Areas
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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 | $148,518 | $4,296 | $156,763 |
| Revenue | $8,434 | $5,973 | $-3,704 |
| Expenses | $8,146 | $8,987 | $10,031 |
| Qualifying Distributions | $7,000 | $7,500 | $8,000 |
| Net Investment Income | $8,319 | $4,486 | $5,122 |
| Distributable Amount | $11,699 | $7,219 | $8,046 |
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
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John Julseth | President | 1 | — |
| Joan Dierenfeld | Trustee | 1 | — |
| Andy Julseth | Trustee | 1 | — |
| John H Greve | Sec/Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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