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W D & Shirley Schafer-Ray Educational Trust is a private trust based in CRESTON, IA. The foundation received its IRS ruling in 2022. It holds total assets of $5.6M. Annual income is reported at $183K. Providing educational grants to non-profit private and public universities. According to available records, W D & Shirley Schafer-Ray Educational Trust has made 20 grants totaling $356K, with a median grant of $10K. Individual grants have ranged from $7K to $74K, with an average award of $18K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Iowa, Tennessee, Rhode Island, which account for 70% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Providing educational grants to non-profit private and public universities.
Expenses: $178K
Providing educational grants to non-profit private and public universities. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in IA, TN, RI.
W D & Shirley Schafer-Ray Educational Trust has distributed a total of $356K across 20 grants. The median grant size is $10K, with an average of $18K. Individual grants have ranged from $7K to $74K.
W D & Shirley Schafer-Ray Educational Trust is a private foundation. To inquire about grants, you can look up the foundation using their EIN (866589915) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
W D & Shirley Schafer-Ray Educational Trust is headquartered in CRESTON, IA. While based in IA, the foundation distributes grants to organizations across 6 states.
Total Giving
$278K
Total Assets
$6.4M
Fair Market Value
$5.5M
Net Worth
$6.4M
Grants Paid
$178K
Contributions
$25K
Net Investment Income
$125K
Distribution Amount
$281K
Total: $5.9M
Total Grants
20
Total Giving
$356K
Average Grant
$18K
Median Grant
$10K
Unique Recipients
10
Most Common Grant
$10K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Drake UniversitySpring 2023 Scholarship | Des Moines, IA | $7K | 2022 |
| Southwestern Community College2022-2023 Scholarship | Creston, IA | $74K | 2022 |
| Iowa State University2022-2023 Scholarship | Ames, IA | $26K | 2022 |
| University Of MemphisEducation of the learning disabled | Memphis, TN | $17K | 2022 |
| Buena Vista University2022-2023 Scholarship | Storm Lake, IA |
WAPELLO, IA
FLORHAM PARK, NJ
HONOLULU, HI
SPRINGFIELD, MN
ST ELIZABETH, MO
| $10K |
| 2022 |
| Simpson College2022-2023 Scholarship | Indianola, IA | $10K | 2022 |
| Salve Regina University2022-2023 Scholarship | Newport, RI | $10K | 2022 |
| Oklahoma State University2022-2023 Scholarship | Stillwater, OK | $9K | 2022 |
| University Of Nebraska - Lincoln2022-2023 Scholarship | Lincoln, NE | $9K | 2022 |
| Northwest Missouri State University2022-2023 Scholarship | Maryville, MO | $7K | 2022 |
LAMONT, FL
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