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John E Solem Scholarship Trust is a private trust based in SIOUX FALLS, SD. The foundation received its IRS ruling in 1954. The principal officer is First National Bank In Sioux. It holds total assets of $116K. Annual income is reported at $26K. The foundation is governed by 1 officer or trustee. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in South Dakota, Florida and North Dakota. According to available records, John E Solem Scholarship Trust has made 42 grants totaling $30K, with a median grant of $500. Annual giving has grown from $8K in 2020 to $15K in 2022. Individual grants have ranged from $250 to $3K, with an average award of $714.286. The foundation has supported 32 unique organizations. The foundation primarily supports organizations in South Dakota, North Dakota, Florida, which account for 95% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$500
Average Grant
$750
Largest Grant
$3K
Based on 10 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.
John E Solem Scholarship Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 42 grants. Its grantmaking reaches organizations primarily in SD, ND, FL.
John E Solem Scholarship Trust has distributed a total of $30K across 42 grants. The median grant size is $500, with an average of $714.286. Individual grants have ranged from $250 to $3K.
The application deadline is April 1. Scholarships are awarded to high school seniors at Baltic, Dell Rapids, and Garretson, South Dakota per terms of will.
John E Solem Scholarship Trust is headquartered in SIOUX FALLS, SD. While based in SD, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| The First Nat'L Bank In Sioux Falls | Trustee | $2K | $0 | $2K |
Total Giving
$12K
Total Assets
$113K
Fair Market Value
$168K
Net Worth
$113K
Grants Paid
$8K
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
$8K
Total: $34K
Total Grants
42
Total Giving
$30K
Average Grant
$714.286
Median Grant
$500
Unique Recipients
32
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Julia Pittman- University Of SouthScholarship | Vermillion, SD | $3K | 2022 |
| Lauren Grace Fick - South Dakota StScholarship | Brookings, SD | $1K | 2022 |
| Payton Krumm - University Of NorthScholarship | Grand Forks, ND | $500 | 2022 |
| Maggie Mae Schmidt- University Of SScholarship | Vermillion, SD | $500 | 2022 |
| Aliyah Marie Leedy- Southeast TechnScholarship | Sioux Falls, SD | $500 | 2022 |
| Jaelyn Janine Benson - Dakota WesleScholarship | Mitchell, SD | $500 | 2022 |
| Oliviyah Ktthornton- Dakota State UScholarship | Madison, SD | $500 | 2022 |
| Landon Allen Ruesink- Dakota WesleyScholarship | Mitchell, SD | $500 | 2022 |
| Paige Alexis Sterud- Nova SoutheastScholarship | Fort Lauderdale, FL | $500 | 2022 |
| Jayme Allison Schmidt - South DakotScholarship | Brookings, SD | $500 | 2022 |
| Luke Knebel Koster - South Dakota SScholarship | Rapid City, SD | $1K | 2021 |
| Kendra Kappler - University Of SiouScholarship | Sioux Falls, SD | $1K | 2021 |
| Nadia Snow - Iowa State UniversityScholarship | Ames, IA | $1K | 2021 |
| Peyton Hove - South Dakota State UnScholarship | Brookings, SD | $1K | 2021 |
| Kathryn Fletcher - University Of SiScholarship | Sioux Falls, SD | $1K | 2021 |
| Madeline Kringen - Dakota State UniScholarship | Madison, SD | $750 | 2021 |
| Coby Maeschen - South Dakota StateScholarship | Brookings, SD | $750 | 2021 |
| Emily Ditter - Dakota State UniversScholarship | Madison, SD | $500 | 2021 |
| Madden Lardy - University Of SiouxScholarship | Sioux Falls, SD | $500 | 2021 |
| Katy Liester - University Of WisconScholarship | Menomonie, WI | $1K | 2020 |
| Nobel Nothstine - South Dakota SchoScholarship | Rapid City, SD | $1K | 2020 |
| Jayden Clark - University Of SiouxScholarship | Sioux Falls, SD | $750 | 2020 |
| Riley Thorpe - South Dakota State UScholarship | Brookings, SD | $500 | 2020 |
| Karsen Welbig - South Dakota StateScholarship | Brookings, SD | $500 | 2020 |
| Katelyn North - University Of SouthScholarship | Vermillion, SD | $500 | 2020 |
| Samuel Sittig - South Dakota StateScholarship | Brookings, SD | $500 | 2020 |
| Erin Larson - South Dakota State UnScholarship | Brookings, SD | $500 | 2020 |
| Zachary Klaassen - Mitchell TechnicScholarship | Mitchell, SD | $500 | 2020 |
| Sydney Stelzer - Dakota State UniveScholarship | Madison, SD | $500 | 2020 |
| John Ditter - Dakota State UniversiScholarship | Madison, SD | $500 | 2020 |
| Olivia Stelzer - South Dakota SchooScholarship | Rapid City, SD | $500 | 2020 |
| Mckenzie Northrup - Lake Area TechnScholarship | Watertown, SD | $250 | 2020 |