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Willard E And Ella P Thompson Educational Fund is a private trust based in ALGONA, IA. The foundation received its IRS ruling in 1958. The principal officer is Lasalle Bank Na. It holds total assets of $7.5M. Annual income is reported at $9.8M. The foundation is governed by 2 officers and trustees. Tax records are available from 2020 to 2023. According to available records, Willard E And Ella P Thompson Educational Fund has made 3 grants totaling $934K, with a median grant of $343K. Annual giving has grown from $249K in 2021 to $686K in 2022. Individual grants have ranged from $249K to $343K, with an average award of $311K. Grant recipients are concentrated in Rhode Island. Contributions to this foundation are tax-deductible.
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.
Willard E And Ella P Thompson Educational Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in RI.
Willard E And Ella P Thompson Educational Fund has distributed a total of $934K across 3 grants. The median grant size is $343K, with an average of $311K. Individual grants have ranged from $249K to $343K.
The application deadline is FIRST WEEK IN APRIL EACH YEAR. Scholarship money only to algona high school graduates working to obtain a higher education at colleges or universities in iowa.
Willard E And Ella P Thompson Educational Fund is headquartered in ALGONA, IA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $45K | $0 | $45K |
| Theresa Kuecker | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$353K
Total Assets
$3.8M
Fair Market Value
$6.9M
Net Worth
$3.8M
Grants Paid
$292K
Contributions
N/A
Net Investment Income
$180K
Distribution Amount
$322K
Total: $3.8M
Total Grants
3
Total Giving
$934K
Average Grant
$311K
Median Grant
$343K
Unique Recipients
1
Most Common Grant
$343K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached StatementPROVIDING SCHOLARSHIP MONEY | Providence, RI | $343K | 2022 |