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Also known as: % CLINTON NATIONAL BANK
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Martha Seeser Verfaillie Trust is a private trust based in CLINTON, IA. The foundation received its IRS ruling in 1977. The principal officer is Clinton National Bank. It holds total assets of $47K. Annual income is reported at $2K. Total assets have decreased from $65K in 2011 to $48K in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Grantmaking is concentrated in Iowa. According to available records, Martha Seeser Verfaillie Trust has made 15 grants totaling $7K, with a median grant of $465. The foundation has distributed between $1K and $2K annually from 2021 to 2024. Grantmaking activity was highest in 2022 with $2K distributed across 4 grants. Individual grants have ranged from $356 to $490, with an average award of $447.4. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Iowa and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$489
Median Grant
$489
Average Grant
$489
Largest Grant
$489
Based on 3 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.
Martha Seeser Verfaillie Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in IA, IL.
Martha Seeser Verfaillie Trust has distributed a total of $7K across 15 grants. The median grant size is $465, with an average of $447.4. Individual grants have ranged from $356 to $490.
Martha Seeser Verfaillie Trust typically selects its grantees rather than accepting unsolicited proposals. The application deadline is MAY 13TH ANNUALLY. High school graduates residing in the city of clinton, iowa.
Martha Seeser Verfaillie Trust is headquartered in CLINTON, IA. While based in IA, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara Griswold-Rhoades | TRUSTEE | $250 | $0 | $250 |
Total Giving
$3K
Total Assets
$48K
Fair Market Value
$45K
Net Worth
$48K
Grants Paid
$1K
Contributions
N/A
Net Investment Income
$1K
Distribution Amount
$2K
Total Grants
15
Total Giving
$7K
Average Grant
$447.4
Median Grant
$465
Unique Recipients
9
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Des Moines Area Community CollegeSCHOLARSHIPS | Des Moines, IA | $356 | 2024 |
| Clinton Community CollegeSCHOLARSHIPS | Clinton, IA | $356 | 2024 |
| University Of IowaSCHOLARSHIPS | Iowa City, IA | $356 | 2024 |
| Kirkwood Community CollegeSCHOLARSHIPS | Cedar Rapids, IA | $465 | 2023 |
| Carl Sandburg CollegeSCHOLARSHIPS | Galesburg, IL | $465 | 2023 |
| University Of Northern IowaSCHOLARSHIPS | Cedar Falls, IA | $465 | 2023 |
| Scott Community CollegeSCHOLARSHIPS | Davenport, IA | $490 | 2022 |
| Indian Hills Comm CollegeSCHOLARSHIPS | Ottumwa, IA | $489 | 2021 |
| Iowa State UniversitySCHOLARSHIPS | Ames, IA | $489 | 2021 |