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Also known as: SCHOLARSHIP TRUST
Gwendolyn F And Lucian L Hinecker Scholarship Trust is a private trust based in MARSHALLTOWN, IA. The foundation received its IRS ruling in 2013. The principal officer is % Michael Bloom. It holds total assets of $1.4M. Annual income is reported at $125K. SCHOLARSHIP GRANTS. According to available records, Gwendolyn F And Lucian L Hinecker Scholarship Trust has made 46 grants totaling $553K, with a median grant of $6K. Annual giving has grown from $96K in 2020 to $120K in 2023. Grantmaking activity was highest in 2022 with $236K distributed across 22 grants. Individual grants have ranged from $1K to $55K, with an average award of $12K. The foundation has supported 15 unique organizations. Grants have been distributed to organizations in Iowa and Texas. Contributions to this foundation are tax-deductible.
SCHOLARSHIP GRANTS
Expenses: $96K
SCHOLARSHIP GRANTS. Based on available records, the foundation has funded 46 grants. Its grantmaking reaches organizations primarily in IA, TX.
Gwendolyn F And Lucian L Hinecker Scholarship Trust has distributed a total of $553K across 46 grants. The median grant size is $6K, with an average of $12K. Individual grants have ranged from $1K to $55K.
The application deadline is APRIL 1 OF EACH YEAR.. GRADUATE OF MARSHALLTOWN HIGH SCHOOL; 3+ GPA; ATTENDING AN IOWA COLLEGE ACCREDITED BY THE STATE OF IOWA; RENEWABLE FOR A TOTAL OF 4 YEARS IF STUDENT MAINTAINS A MINIMUM 2.5 GPA.
Gwendolyn F And Lucian L Hinecker Scholarship Trust is headquartered in MARSHALLTOWN, IA. While based in IA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| United Bank Trust | TRUSTEE | $25K | $0 | $25K |
Total Giving
$144K
Total Assets
$1.5M
Fair Market Value
$2.4M
Net Worth
$1.5M
Grants Paid
$120K
Contributions
$0
Net Investment Income
$138K
Distribution Amount
$110K
Total: $1.1M
Total Grants
46
Total Giving
$553K
Average Grant
$12K
Median Grant
$6K
Unique Recipients
15
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Drake UniversitySCHOLARSHIPS | Des Moines, IA | $10K | 2023 |
| Buena VistaSCHOLARSHIP | Storm Lake, IA | $3K | 2020 |
| Iowa State UniversitySCHOLARSHIPS | Ames, IA | $55K | 2023 |
| University Of IowaSCHOLARSHIPS | Iowa City, IA | $19K | 2023 |
| University Of Northern IowaSCHOLARSHIPS | Cedar Falls, IA |
FREDERICKSBRG, TX
PARIS, IL
BOUNTIFUL, UT
SALISBURY, NC
BLACKFOOT, ID
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| $12K |
| 2023 |
| Central CollegeSCHOLARSHIPS | Pella, IA | $8K | 2023 |
| Grinnell CollegeSCHOLARSHIPS | Grinnell, IA | $5K | 2023 |
| University Of DubuqueSCHOLARSHIPS | Dubuque, IA | $4K | 2023 |
| Allen CollegeSCHOLARSHIPS | Waterloo, IA | $4K | 2023 |
| University Of North TexasSCHOLARSHIPS | Denton, TX | $4K | 2023 |
| Morningside CollegeSCHOLARSHIPS | Sioux City, IA | $4K | 2022 |
| Southwestern Community CollegeSCHOLARSHIPS | Creston, IA | $4K | 2022 |
| Des Moines Area Community CollegeSCHOLARSHIPS | Des Moines, IA | $4K | 2022 |
| Marshalltown Community CollegeSCHOLARSHIPS | Marshalltown, IA | $4K | 2022 |
| Mercy College Of Health SciencesSCHOLARSHIPS | Des Moines, IA | $4K | 2022 |
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