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Also known as: CoreFirst Bank & Trust
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Zola Desmond Scholarship Trust is a private trust based in TOPEKA, KS. The foundation received its IRS ruling in 2002. The principal officer is Commerce Bank & Trust Ttee. It holds total assets of $1.1M. Annual income is reported at $156K. Total assets have decreased from $1.5M in 2011 to $1.2M in 2023. The foundation is governed by 1 officer or trustee. No Direct Charitable Activities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Zola Desmond Scholarship Trust has made 4 grants totaling $521K, with a median grant of $132K. Annual giving has grown from $117K in 2020 to $280K in 2022. Individual grants have ranged from $117K to $140K, with an average award of $130K. Grant recipients are concentrated in Kansas. Contributions to this foundation are tax-deductible.
No Direct Charitable Activities.
No Direct Charitable Activities. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in KS.
Zola Desmond Scholarship Trust has distributed a total of $521K across 4 grants. The median grant size is $132K, with an average of $130K. Individual grants have ranged from $117K to $140K.
Zola Desmond Scholarship Trust typically selects its grantees rather than accepting unsolicited proposals.
Zola Desmond Scholarship Trust is headquartered in TOPEKA, KS.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Corefirst Bank Trust | Trustee | $20K | $0 | $20K |
Total Giving
$138K
Total Assets
$1.2M
Fair Market Value
$2.5M
Net Worth
$1.2M
Grants Paid
$117K
Contributions
N/A
Net Investment Income
$66K
Distribution Amount
$115K
Total: $268K
Total Grants
4
Total Giving
$521K
Average Grant
$130K
Median Grant
$132K
Unique Recipients
1
Most Common Grant
$140K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Washburn Endowment AssociationTo provide scholarships to Washburn University students. | Topeka, KS | $140K | 2022 |