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Specht Educational Trust is a private trust based in CHEROKEE, IA. The foundation received its IRS ruling in 2021. The principal officer is Loughlin Law Firm. It holds total assets of $1.2M. Annual income is reported at $129K. Total assets have grown from $794K in 2020 to $1.1M in 2023. This is the second year for the Trust. Distributions were made totaling $3,000, that being two scholarships of $1,500 each. The Trust is organized for charitble and eduacational purposes to distribute scholarships to students in Cherokee county Iowa with a preference for Veteran family members. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Specht Educational Trust has made 4 grants totaling $6K, with a median grant of $2K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
This is the second year for the Trust. Distributions were made totaling $3,000, that being two scholarships of $1,500 each. The Trust is organized for charitble and eduacational purposes to distribute scholarships to students in Cherokee county Iowa with a preference for Veteran family members.
This is the second year for the Trust. Distributions were made totaling $3,000, that being two scholarships of $1,500 each. The Trust is organized for charitble and eduacational purposes to distribute scholarships to students in Cherokee county Iowa with a preference for Veteran family members. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IA.
Specht Educational Trust has distributed a total of $6K across 4 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $2K to $2K.
Specht Educational Trust typically selects its grantees rather than accepting unsolicited proposals.
Specht Educational Trust is headquartered in CHEROKEE, IA.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$39K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1.1M
Grants Paid
$6K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$6K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
2
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rayann Pattersoneducation scholarship | Cherokee, IA | $2K | 2022 |
| Arika Hammondeducation scholarship | Cherokee, IA | $2K | 2022 |