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Also known as: SCHOLARSHIP TRUST
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Dr Kenneth N Andersen Family Scholarship Trust is a private trust based in CEDAR RAPIDS, IA. The foundation received its IRS ruling in 1998. It holds total assets of $334K. Annual income is reported at $97K. Total assets have grown from $232K in 2011 to $331K in 2023. The foundation operates in the area of education. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Iowa. According to available records, Dr Kenneth N Andersen Family Scholarship Trust has made 16 grants totaling $92K, with a median grant of $4K. The foundation has distributed between $20K and $32K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $32K distributed across 4 grants. Individual grants have ranged from $4K to $12K, with an average award of $6K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Iowa, Missouri, Wisconsin, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$4K
Average Grant
$7K
Largest Grant
$12K
Based on 3 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.
Dr Kenneth N Andersen Family Scholarship Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in IA, MO, WI.
Dr Kenneth N Andersen Family Scholarship Trust has distributed a total of $92K across 16 grants. The median grant size is $4K, with an average of $6K. Individual grants have ranged from $4K to $12K.
For worthy and deserving persons who are graduates of center point-urbana high school to continue education.
Dr Kenneth N Andersen Family Scholarship Trust is headquartered in CEDAR RAPIDS, IA. While based in IA, the foundation distributes grants to organizations across 4 states.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$24K
Total Assets
$331K
Fair Market Value
$352K
Net Worth
$331K
Grants Paid
$20K
Contributions
$2K
Net Investment Income
$12K
Distribution Amount
$17K
Total: $310K
Total Grants
16
Total Giving
$92K
Average Grant
$6K
Median Grant
$4K
Unique Recipients
6
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Iowa State UniversitySCHOLARSHIP | Ames, IA | $8K | 2023 |
| University Of IowaSCHOLARSHIP | Iowa City, IA | $4K | 2023 |
| South Dakota State UniversitySCHOLARSHIP | Brookings, SD | $4K | 2023 |
| University Of Northern IowaSCHOLARSHIP | Cedar Falls, IA | $4K | 2023 |
| University Of Wisconsin - La CrosseSCHOLARSHIP | La Crosse, WI | $4K | 2021 |
| Truman StateSCHOLARSHIP | Kirksville, MO | $4K | 2021 |