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Zachary Yates Memorial Foundation Ltd is a private 0 based in OTTUMWA, IA. The foundation received its IRS ruling in 2005. The principal officer is Neal B Yates. It holds total assets of $63K. Annual income is reported at $9K. Total assets have grown from $37K in 2011 to $61K in 2023. The foundation is governed by 2 officers and trustees. Scholarships awarded to high school students to assist in post-secondary education. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Iowa and Tennessee. According to available records, Zachary Yates Memorial Foundation Ltd has made 26 grants totaling $13K, with a median grant of $368.5. Annual giving has decreased from $5K in 2020 to $3K in 2023. Individual grants have ranged from $100 to $3K, with an average award of $515.654. The foundation has supported 23 unique organizations. Grants have been distributed to organizations in Iowa and North Carolina and Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$125
Median Grant
$500
Average Grant
$661
Largest Grant
$1K
Based on 7 grants from the most recent 990-PF filing.
Scholarships awarded to high school students to assist in post-secondary education.
Expenses: $3K
Cash donated to 'st. Jude's childrens hospital' for the general operating fund for the exempt purpose of the organization.
Expenses: $500
Cash donated to 'american homefinding' for the general operating fund for the exempt purpose of the organization.
Expenses: $500
Cash donated to 'american gothic house & center' for the general operating fund for the exempt purpose of the organization.
Expenses: $500
Scholarships awarded to high school students to assist in post-secondary education. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in IA, NC, TN.
Zachary Yates Memorial Foundation Ltd has distributed a total of $13K across 26 grants. The median grant size is $368.5, with an average of $515.654. Individual grants have ranged from $100 to $3K.
The application deadline is APRIL 30 OF EACH YEAR. Must be a high school senior at ottumwa high school.
Zachary Yates Memorial Foundation Ltd is headquartered in OTTUMWA, IA. While based in IA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lori L Yates | TREASURER | $0 | $0 | N/A |
| Neal B Yates | PRESIDENT | $0 | $0 | N/A |
Total Giving
$4K
Total Assets
$61K
Fair Market Value
$80K
Net Worth
$61K
Grants Paid
$3K
Contributions
$3K
Net Investment Income
$3K
Distribution Amount
$4K
Total: N/A
Total Grants
26
Total Giving
$13K
Average Grant
$515.654
Median Grant
$368.5
Unique Recipients
23
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Molly WilkinsonSCHOLARSHIP | Wilmington, NC | $3K | 2023 |
| Main Street Lights Of LovGENERAL OPERATING | Ottumwa, IA | $125 | 2023 |
| Anthony ReymanSCHOLARSHIP | Ottumwa, IA | $2K | 2022 |
| Ethan ArneySCHOLARSHIP | Ottumwa, IA | $575 | 2022 |
| Brooke JefferySCHOLARSHIP | Council Bluffs, IA | $500 | 2022 |
| American Home Finding AssociationGENERAL OPERATING | Ottumwa, IA | $500 | 2022 |
| Ariel AdkisonSCHOLARSHIP | Ottumwa, IA | $425 | 2022 |
| Main Street Lights Of LoveGENERAL OPERATING | Ottumwa, IA | $125 | 2022 |
| Divora EstifanosSCHOLARSHIP | Ottumwa, IA | $500 | 2021 |
| Taven FryeSCHOLARSHIP | Ottumwa, IA | $312 | 2021 |
| American HomefindingGENERAL OPERATING | Ottumwa, IA | $250 | 2021 |
| Mckenzie HoskinsSCHOLARSHIP | Ottumwa, IA | $245 | 2021 |
| Landin AmasonSCHOLARSHIP | Ottumwa, IA | $100 | 2021 |
| Bentley KoolSCHOLARSHIP | Eddyville, IA | $100 | 2021 |
| Isaac PalenSCHOLARSHIP | Ottumwa, IA | $100 | 2021 |
| Lauren ReeceSCHOLARSHIP | Ottumwa, IA | $100 | 2021 |
| Edermine SmithSCHOLARSHIP | Ottumwa, IA | $100 | 2021 |
| Coleman TullerSCHOLARSHIP | Ottumwa, IA | $100 | 2021 |
| Quentin BishopSCHOLARSHIP | Ottumwa, IA | $1K | 2020 |
| Sophia HuffmanSCHOLARSHIP | Ottumwa, IA | $1K | 2020 |
| Olivia HoskinsSCHOLARSHIP | Ottumwa, IA | $1K | 2020 |
| American Gothic House & CenterGENERAL OPERATING | Eldon, IA | $500 | 2020 |
| St Jude'S Childrens HospitalGENERAL OPERATING | Memphis, TN | $500 | 2020 |