Wallace E and Hazel C Loft Scholarship Trust
MARSHALLTOWN, IA EIN: 47-6965500
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$675K
+7.0% YoY
Annual Giving
$25K
-47.2% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$5K
-36.7% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $674,774 | $630,580 | $613,680 |
| Revenue | $49,479 | $17,082 | $69,639 |
| Expenses | $37,439 | $60,279 | $33,822 |
| Qualifying Distributions | $12,550 | $60,080 | $33,767 |
| Net Investment Income | $33,766 | $16,883 | $69,584 |
| Distributable Amount | $32,779 | $31,132 | $31,735 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Wallace E and Hazel C Loft Scholarship Trust fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEVIN R HITCHINS | TRUSTEE | — | — |
| GARY L BURKE | TRUSTEE | — | — |
| BARBARA REID | TRUSTEE | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Iowa $159K (100%)
States
Cities
Cedar FallsJanesvilleWaverly
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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