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Elmer O & Ida Preston Educational Trust is a private trust based in DES MOINES, IA. The foundation received its IRS ruling in 1960. It holds total assets of $2M. Annual income is reported at $1.1M. Total assets have grown from $1.6M in 2011 to $2M in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Iowa. According to available records, Elmer O & Ida Preston Educational Trust has made 125 grants totaling $460K, with a median grant of $3K. Annual giving has decreased from $142K in 2020 to $58K in 2023. Grantmaking activity was highest in 2022 with $173K distributed across 54 grants. Individual grants have ranged from $750 to $10K, with an average award of $4K. The foundation has supported 61 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$750
Median Grant
$4K
Average Grant
$5K
Largest Grant
$10K
Based on 30 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.
Elmer O & Ida Preston Educational Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 125 grants. Its grantmaking reaches organizations primarily in IA.
Elmer O & Ida Preston Educational Trust has distributed a total of $460K across 125 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $750 to $10K.
The application deadline is APPLICATIONS FOR GRANTS/LOANS MAY BE SUBMITTED AT ANY TIME. SEE ATTACHED STATEMENT FOR MORE INFO.. See attached statement.
Elmer O & Ida Preston Educational Trust is headquartered in DES MOINES, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Jw Proctor | TRUSTEE | $28K | $0 | $28K |
| Monica L Morgan | TRUSTEE | $5K | $0 | $5K |
| Christopher Van Vleet | TRUSTEE | $5K | $0 | $5K |
Total Giving
$178K
Total Assets
$2M
Fair Market Value
$2.2M
Net Worth
$1.9M
Grants Paid
$85K
Contributions
N/A
Net Investment Income
$45K
Distribution Amount
$90K
Total: $1.2M
Total Grants
125
Total Giving
$460K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
61
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lisa RobinsonGRANT FOR POST-HIGH SCHOOL EDUCATION | Iowa Falls, IA | $5K | 2023 |
| Bernice StoutesGRANT FOR POST-HIGH SCHOOL EDUCATION | Dubuque, IA | $5K | 2023 |
| Justin LundbergGRANT FOR POST-HIGH SCHOOL EDUCATION | Williamsburg, IA | $4K | 2023 |
| Eric LockGRANT FOR POST-HIGH SCHOOL EDUCATION | Dubuque, IA | $4K | 2023 |
| Luke TreiberGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $4K | 2023 |
| Nathan PelletierGRANT FOR POST-HIGH SCHOOL EDUCATION | Des Moines, IA | $3K | 2023 |
| Christopher BarnettGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $3K | 2023 |
| Daniel LuepkeGRANT FOR POST-HIGH SCHOOL EDUCATION | Fairfax, IA | $3K | 2023 |
| Jonathan RyanGRANT FOR POST-HIGH SCHOOL EDUCATION | Muscatine, IA | $3K | 2023 |
| Josiah ChoiGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $3K | 2023 |
| David CarrollGRANT FOR POST-HIGH SCHOOL EDUCATION | Plano, IA | $3K | 2023 |
| Nichole D'OnofrioGRANT FOR POST-HIGH SCHOOL EDUCATION | Dubuque, IA | $3K | 2023 |
| Brianna CarrollGRANT FOR POST-HIGH SCHOOL EDUCATION | Plano, IA | $2K | 2023 |
| Nathaniel BaumGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $2K | 2023 |
| David FarlowGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $2K | 2023 |
| Simon AllenGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $2K | 2023 |
| Joseph SchuellerGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $2K | 2023 |
| Jordan FlinckGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $2K | 2023 |
| Nichole CarrGRANT FOR POST-HIGH SCHOOL EDUCATION | Greenfield, IA | $2K | 2023 |
| Chiying WangGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $2K | 2023 |
| Joel PenrodGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $1K | 2023 |
| Samantha CarrollGRANT FOR POST-HIGH SCHOOL EDUCATION | Plano, IA | $1K | 2023 |
| Rufus DahnGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $9K | 2022 |
| Lisa RobisonGRANT FOR POST-HIGH SCHOOL EDUCATION | Iowa Falls, IA | $9K | 2022 |
| Sushma MadanuGRANT FOR POST-HIGH SCHOOL EDUCATION | Ames, IA | $9K | 2022 |
| Allison TreiberGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $5K | 2022 |
| Charles CarterGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $4K | 2022 |
| Leonardo LazariniGRANT FOR POST-HIGH SCHOOL EDUCATION | West Des Moines, IA | $4K | 2022 |
| Seth ThompsonGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $3K | 2022 |
| Jeffery DilyardGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $3K | 2022 |
| Gabriel HammonsGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $3K | 2022 |
| Amber SaylorGRANT FOR POST-HIGH SCHOOL EDUCATION | Cambridge, IA | $2K | 2022 |
| Timothy KingGRANT FOR POST-HIGH SCHOOL EDUCATION | Ankeny, IA | $2K | 2022 |