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Also known as: C/O SOUTH OTTUMWA SAVINGS BANK
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Edward J Schwartz Perpetual Educational Trust Fund is a private corporation based in OTTUMWA, IA. The foundation received its IRS ruling in 1992. The principal officer is South Ottumwa Savings Bank Ttee. It holds total assets of $775K. Annual income is reported at $266K. Scholarships awarded under trust guidelines. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Grantmaking is concentrated in Iowa. According to available records, Edward J Schwartz Perpetual Educational Trust Fund has made 23 grants totaling $167K, with a median grant of $5K. The foundation has distributed between $33K and $66K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $66K distributed across 8 grants. Individual grants have ranged from $1K to $22K, with an average award of $7K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$20K
Based on 5 grants from the most recent 990-PF filing.
Scholarships awarded under trust guidelines
Expenses: $34K
Scholarships awarded under trust guidelines. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in IA.
Edward J Schwartz Perpetual Educational Trust Fund has distributed a total of $167K across 23 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $1K to $22K.
Edward J Schwartz Perpetual Educational Trust Fund typically selects its grantees rather than accepting unsolicited proposals.
Edward J Schwartz Perpetual Educational Trust Fund is headquartered in OTTUMWA, IA.
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
$42K
Total Assets
$747K
Fair Market Value
$693K
Net Worth
$747K
Grants Paid
$35K
Contributions
N/A
Net Investment Income
$31K
Distribution Amount
$35K
Total Grants
23
Total Giving
$167K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Indian Hills Community CollegeSCHOLARSHIPS | Ottumwa, IA | $22K | 2024 |
| University Of IowaSCHOLARSHIPS | Iowa City, IA | $5K | 2024 |
| University Of Northern IowaSCHOLARSHIPS | Cedar Falls, IA | $5K | 2024 |
| Iowa State UniversitySCHOLARSHIPS | Ames, IA | $2K | 2024 |
| St Ambrose UniversitySCHOLARSHIP | Davenport, IA | $2K | 2024 |