Truman and Lorraine Julseth Scholarship

NORTHWOOD, IA EIN: 20-5124220

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

NorthoodNorthwood

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$31K$41K20202021202220232024
Metric202420232022
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

$0$2K$4K$6K$8K1 grants20201 grants20212 grants20220 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

SCHOLARSHIPS TO N-K STUD…$5KWORTH COUNTY EXTENSION$2K

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
John JulsethPresident1
Joan DierenfeldTrustee1
Andy JulsethTrustee1
John H GreveSec/Treasurer1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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