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Also known as: FIRST BANK & TRUST
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Don And Marcella Mccormick Scholarship Fund is a private trust based in SIOUX FALLS, SD. The foundation received its IRS ruling in 2004. The principal officer is Wells Fargo Trustee. It holds total assets of $215K. Annual income is reported at $50K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. Tax records are available from 2016 to 2023. Grantmaking is concentrated in South Dakota. According to available records, Don And Marcella Mccormick Scholarship Fund has made 39 grants totaling $43K, with a median grant of $1K. The foundation has distributed between $13K and $15K annually from 2020 to 2022. Individual grants have ranged from $1K to $2K, with an average award of $1K. The foundation has supported 25 unique organizations. Grant recipients are concentrated in South Dakota. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$1K
Largest Grant
$1K
Based on 13 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Don And Marcella Mccormick Scholarship Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in SD.
Don And Marcella Mccormick Scholarship Fund has distributed a total of $43K across 39 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $1K to $2K.
The application deadline is MAY 15 OF EACH YEAR. Attending sd public higher ed, b average or above, from lake county, sd.
Don And Marcella Mccormick Scholarship Fund is headquartered in SIOUX FALLS, SD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Bank Trust | TRUSTEE | $3K | $0 | $3K |
Total Giving
$17K
Total Assets
$221K
Fair Market Value
$243K
Net Worth
$221K
Grants Paid
$13K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$11K
Total Grants
39
Total Giving
$43K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
25
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Elijah OlsonEDUCATION | Sioux Falls, SD | $1K | 2022 |
| Alexandra GutierrezEDUCATION | Sioux Falls, SD | $1K | 2022 |
| Abigail MorseEDUCATION | Brookings, SD | $1K | 2022 |
| Abbey AllenEDUCATION | Sioux Falls, SD | $1K | 2022 |
| Nathan RickieEDUCATION | Brookings, SD | $1K | 2022 |
| Elizabeth SelmanEDUCATION | Brookings, SD | $1K | 2022 |
| Jonathon RickeEDUCATION | Brookings, SD | $1K | 2022 |
| Mckenna LarsonEDUCATION | Aberdeen, SD | $1K | 2022 |
| Allison SahrEDUCATION | Vermillion, SD | $1K | 2022 |
| Bayden SchneiderEDUCATION | Brookings, SD | $1K | 2022 |
| Benjamin SchoeberlEDUCATION | Madison, SD | $1K | 2022 |
| Brynn OlversonEDUCATION | Brookings, SD | $1K | 2022 |
| Allison BrunsEDUCATION | Brookings, SD | $1K | 2022 |
| Chase McdonaldEDUCATION | Sioux Falls, SD | $1K | 2022 |
| Isabel GorsEDUCATION | Sioux Falls, SD | $2K | 2021 |
| Juliana HodgesEDUCATION | Vermillion, SD | $2K | 2021 |
| Kiley KleinEDUCATION | Mitchell, SD | $1K | 2021 |
| Briana SteuerwaldEDUCATION | Sioux Falls, SD | $1K | 2021 |
| Benjamin SchoeberiEDUCATION | Madison, SD | $1K | 2020 |
| Grace NelsonEDUCATION | Brookings, SD | $1K | 2020 |
| Olivia ComesEDUCATIONEDUCATION | Spearfish, SD | $1K | 2020 |
| Maria GraffEDUCATION | Aberdeen, SD | $1K | 2020 |
| Marissa GraffEDUCATION | Mitchell, SD | $1K | 2020 |
| Reece SpildeEDUCATION | Madison, SD | $1K | 2020 |
| Bailley SchneiderEDUCATION | Vermillion, SD | $1K | 2020 |