//
Crosslake Ideal Scholarship Fund Inc. is a private corporation based in CROSSLAKE, MN. The foundation received its IRS ruling in 1993. It holds total assets of $210K. Annual income is reported at $77K. EDUCATIONAL SCHOLARSHIPS. According to available records, Crosslake Ideal Scholarship Fund Inc. has made 8 grants totaling $16K, with a median grant of $1K. Annual giving has grown from $6K in 2021 to $10K in 2023. Individual grants have ranged from $1K to $5K, with an average award of $2K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
EDUCATIONAL SCHOLARSHIPS
Expenses: $14K
EDUCATIONAL SCHOLARSHIPS. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MN.
Crosslake Ideal Scholarship Fund Inc. has distributed a total of $16K across 8 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $1K to $5K.
The application deadline is APRIL 1, 2022. EDUCATIONAL SCHOLARSHIPS MAY ONLY BE AWARDED TO GRADUATES LIVING IN CROSSLAKE, MN OR IDEAL CORNERS, MN. THE SCHOLARSHIP RECIPIENT IS DETERMINED BY THE APPLICANT'S NEED FOR FINANCIAL ASSISTANCE AS WELL AS HIS/HER INVOLVEMENT IN SCHOOL AND COMMUNITY ACTIVITIES AND DETERMINATION TO SUCCEED IN ONE'S CHOSEN FIELD; AS WELL AS CHARACTERISTICS AND ATTITUDES THAT DEMONSTRATE GOOD, SOUND CITIZENSHIP. TOTAL SCHOLARSHIPS DESIGNATED WITHIN THE FISCAL PERIOD 4/1/21-3/31/22 WERE 14,000.
Crosslake Ideal Scholarship Fund Inc. is headquartered in CROSSLAKE, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Scott Gallaway | PRESIDENT | $0 | $0 | $0 |
| Debby Floerchinger | SECRETARY/TR | $0 | $0 | $0 |
| Jane Monson | DIRECTOR | $0 | $0 | $0 |
| Gordy Reller | DIRECTOR | $0 | $0 | $0 |
| Chuck Cole | DIRECTOR | $0 | $0 | $0 |
Total Giving
$8K
Total Assets
$208K
Fair Market Value
$208K
Net Worth
$207K
Grants Paid
$5K
Contributions
$0
Net Investment Income
$10K
Distribution Amount
$0
Total: $0
Total Grants
8
Total Giving
$16K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
7
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Madeline PettitSCHOLARSHIP | Pequot Lakes, MN | $5K | 2023 |
| Hailey HalversonSCHOLARSHIP | Crosslake, MN | $1K | 2021 |
| Joshua PettitSCHOLARSHIP | Pequot Lakes, MN | $1K | 2021 |
| Marcie LohmillerSCHOLARSHIP | Crosslake, MN | $1K | 2021 |
| Whitney FinkSCHOLARSHIP | Pine River, MN | $1K | 2021 |
| Sandy Anderson |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Stephen Roe | DIRECTOR | $0 | $0 | $0 |
| 2019 | 990PF | View |
| Kansas TilburySCHOLARSHIP |
| Crosslake, MN |
| $1K |
| 2021 |
| Elli SaxerudSCHOLARSHIP | Crosslake, MN | $1K | 2021 |
© 2026 Granted AI