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Also known as: C/O GLENWOOD STATE BANK
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Elsie M Oconnell Test Trust is a private trust based in GLENWOOD, IA. The foundation received its IRS ruling in 2021. The principal officer is Glenwood State Bank Ttee. It holds total assets of $817K. Annual income is reported at $250K. The foundation is governed by 5 officers and trustees. Provide college scholarship to students. Tax records are available from 2020 to 2023. According to available records, Elsie M Oconnell Test Trust has made 19 grants totaling $117K, with a median grant of $5K. Annual giving has grown from $17K in 2021 to $30K in 2023. Grantmaking activity was highest in 2022 with $70K distributed across 10 grants. Individual grants have ranged from $1K to $13K, with an average award of $6K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Iowa and Nebraska and Arizona. Contributions to this foundation are tax-deductible.
Provide college scholarship to students.
Expenses: $35K
Provide college scholarship to students. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in IA, NE, AZ.
Elsie M Oconnell Test Trust has distributed a total of $117K across 19 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $1K to $13K.
The application deadline is STUDENTS WILL SUBMIT AN ESSAY ONCE A YEAR.. 1) students must demonstrate a knowledge of the different forms of government and display a sense of partiotism in their submitted essay. 2) must have a minimum gpa of 2.75.
Elsie M Oconnell Test Trust is headquartered in GLENWOOD, IA. While based in IA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Glenwood State Bank | TRUSTEE | $0 | $0 | N/A |
| Grant Dean | TRUSTEE | $0 | $0 | N/A |
| John Dean | COMMITTEE MEMBER | $0 | $0 | N/A |
| Lindsey Schomaker | COMMITTEE MEMBER | $0 | $0 | N/A |
| Devin Embray | COMMITTEE MEMBER | $0 | $0 | N/A |
Total Giving
$53K
Total Assets
$855K
Fair Market Value
$829K
Net Worth
$855K
Grants Paid
$30K
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$38K
Total: $519K
Total Grants
19
Total Giving
$117K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
9
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Iowa State UniversitySCHOLARSHIPS | Ames, IA | $13K | 2023 |
| University Of IowaSCHOLARSHIPS | Iowa City, IA | $5K | 2023 |
| Luther CollegeSCHOLARSHIPS | Decorah, IA | $5K | 2023 |
| University Of ArizonaSCHOLARSHIPS | Tucson, AZ | $5K | 2023 |
| Creighton UniversitySCHOLARSHIPS | Omaha, NE | $1K | 2023 |
| Iowa Western Community CollegeSCHOLARSHIPS | Council Bluffs, IA | $1K | 2023 |
| University Of Nebraska - LincolnSCHOLARSHIPS | Lincoln, NE | $10K | 2022 |
| Northwestern CollegeSCHOLARSHIPS | Orange City, IA | $5K | 2022 |
| Scholarship Program Various IndividSCHOLARSHIPS | Glenwood, IA | $2K | 2021 |