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Elsie H Munson Trust is a private trust based in ALBERT CITY, IA. The foundation received its IRS ruling in 2006. The principal officer is Community State Bank. It holds total assets of $136K. Annual income is reported at $5K. 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 Iowa. According to available records, Elsie H Munson Trust has made 11 grants totaling $29K, with a median grant of $2K. The foundation has distributed between $9K and $12K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $12K distributed across 6 grants. Individual grants have ranged from $2K to $4K, with an average award of $3K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$1K
Largest Grant
$1K
Based on 5 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.
Elsie H Munson Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in IA.
Elsie H Munson Trust has distributed a total of $29K across 11 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $2K to $4K.
The application deadline is MARCH 1ST OF EACH YEAR. Awards are granted to residents of garfield or herdland townships in clay county, iowa who plan to attend a higher education facility to study nursing, medicine or other careers in medicine.
Elsie H Munson Trust is headquartered in ALBERT CITY, IA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Community State Bank | Trustee | $483 | $0 | $483 |
Total Giving
$992
Total Assets
$165K
Fair Market Value
$165K
Net Worth
$165K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
$604
Total: $157K
Total Grants
11
Total Giving
$29K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
6
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Allison KnudsonEducational | Webb, IA | $3K | 2023 |
| Madison Sylvester HansenEducational | Webb, IA | $3K | 2023 |
| Landon OlsonEducational | Webb, IA | $2K | 2023 |
| Allison KnudtsonEDUCATIONAL | Webb, IA | $2K | 2022 |
| Madison SylvesterEDUCATION | Webb, IA | $2K | 2022 |
| Sarah ElserEDUCATION | Webb, IA | $2K | 2022 |