WILTON, IA

Burrows Memorial Trust

Quick Facts

EIN: 426097247
Location: WILTON, IA
Phone: (563) 732-3432
Category: Education
Total Assets: $264K
Annual Income: $12K
IRS Ruling Year: 1967
Organization Type: Non-Operating Foundation
Tax Deductibility: Contributions are deductible

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About This Foundation

Burrows Memorial Trust is a private trust based in WILTON, IA. The foundation received its IRS ruling in 1967. It holds total assets of $264K. Annual income is reported at $12K. PROVIDE SCHOLARSHIPS TO WILTON, IOWA STUDENTS WHO HAVE THE DESIRE AND ABILITY TO FINISH THEIR HIGHER EDUCATION. SCHOLARSHIPS ARE PROVIDED ON AN ANNUAL BASIS. DURING 2022, SCHOLARSHIPS WERE AWARDED TO 32 APPLICANTS TOTALING 10100. According to available records, Burrows Memorial Trust has made 129 grants totaling $43K, with a median grant of $300. Annual giving has grown from $10K in 2021 to $13K in 2024. Individual grants have ranged from $100 to $570, with an average award of $329.574. The foundation has supported 93 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Deadline

SEE ATTACHED APPLICATION

Restrictions

SEE ATTACHED APPLICATION

Programs & Activities

PROVIDE SCHOLARSHIPS TO WILTON, IOWA STUDENTS WHO HAVE THE DESIRE AND ABILITY TO FINISH THEIR HIGHER EDUCATION. SCHOLARSHIPS ARE PROVIDED ON AN ANNUAL BASIS. DURING 2021, SCHOLARSHIPS WERE AWARDED TO 34 APPLICANTS TOTALING 9400.

Expenses: $11K

Frequently Asked Questions

What does Burrows Memorial Trust fund?

PROVIDE SCHOLARSHIPS TO WILTON, IOWA STUDENTS WHO HAVE THE DESIRE AND ABILITY TO FINISH THEIR HIGHER EDUCATION. SCHOLARSHIPS ARE PROVIDED ON AN ANNUAL BASIS. DURING 2022, SCHOLARSHIPS WERE AWARDED TO 32 APPLICANTS TOTALING 10100. Based on available records, the foundation has funded 129 grants. Its grantmaking reaches organizations primarily in IA.

How much does Burrows Memorial Trust give in grants?

Burrows Memorial Trust has distributed a total of $43K across 129 grants. The median grant size is $300, with an average of $329.574. Individual grants have ranged from $100 to $570.

How do I apply for a grant from Burrows Memorial Trust?

Burrows Memorial Trust typically selects its grantees rather than accepting unsolicited proposals. The application deadline is SEE ATTACHED APPLICATION. SEE ATTACHED APPLICATION.

Where is Burrows Memorial Trust located?

Burrows Memorial Trust is headquartered in WILTON, IA.

Key People & Compensation (2024)

Name	Title	Compensation	Benefits	Total
Susan Norton	TREASURER	$0	$0	$0
Mark Knouse	VICE CHAIRMA	$0	$0	$0
Doug Hora	DIRECTOR	$0	$0	$0
Paul Drumm	DIRECTOR	$0	$0	$0
Tom Meine	CHAIRMAN	$0	$0	$0
Debbie Taylor

990 Tax Filings

Year	Return Type	PDF
2024	990PF	View
2023	990PF	View
2022	990PF	View
2021	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$15K

2023+23%

Total Assets

$239K

2023-8%

Fair Market Value

$239K

2023

Net Worth

$239K

2023

Grants Paid

$13K

2023

Contributions

2023

Net Investment Income

$11K

2023

Distribution Amount

$12K

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Investment Portfolio (2023)

Total: $238K

Corporate Stock (100%)

Cash (0%)

Expense Breakdown (2023)

Revenue Sources (2023)

Dividends: $11K
Interest: $4
Capital Gains (Net): $-472

Financial Details (2023)

Total Revenue: $11K
Total Expenses: $15K
Exempt Purpose Expenses: $14K
Required Distribution: $12K
Undistributed Income: $12K
Total Liabilities: $1
Excise Tax: $155
Tax Due: $155

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

129

Total Giving

$43K

Average Grant

$329.574

Median Grant

$300

Unique Recipients

Grant Disbursements by Year

Grant Range

Min$100

Max$570

Median: $300

Smallest grantLargest grant

Openness to New Grantees (2024)

of 2024 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

IA$43K (129)

Past Grantees

Recipient	Location	Amount	Year
James WaltonAPPLY TO COST OF HIGHER EDUCATION	Wilton, IA	$550	2024
Kaden ShirkAPPLY TO COST OF HIGHER EDUCATION	Wilton, IA	$550	2024
Kiley LangleyAPPLY TO COST OF HIGHER EDUCATION	Wilton, IA	$550	2024
Rachel HunterAPPLY TO COST OF HIGHER EDUCATION	Wilton, IA	$550	2024
Charlotte BrownAPPLY TO COST OF HIGHER EDUCATION	Wilton, IA	$550	2024