W D & Shirley Schafer-Ray Educational Trust

CRESTON, IA EIN: 86-6589915

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$5.6M

Annual Giving

$289K

Grant Count

28

Avg Grant Size

$10K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$5M$7M202120222024
Metric202420222021
Total Assets$5,632,898$6,364,259$6,365,368
Revenue$182,803$163,289$6,642,068
Expenses$373,507$277,700$55,435
Qualifying Distributions$334,067$178,000$2,514
Net Investment Income$112,952$125,182$397,963
Distributable Amount$306,106$281,133$169,627

Giving Over Time

Total grant dollars and number of grants per year

$0$72K$145K$217K$289K0 grants202110 grants202228 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Southwestern Community C…$115KIowa State University$38KUniversity of Memphis$29KUniversity of Iowa$13KDes Moines University$10KUniversity of Northern I…$9KNorthwest Missouri State…$9KDrake University$8KSouth Dakota State Unive…$6KColumbia College$5K

Grant Size Distribution

38 grants across all recorded years

36<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does W D & Shirley Schafer-Ray Educational Trust fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

11states
+3 more states

Cities

AmesBrookingsBurlingtonCedar FallsCedar RapidsCrestonDes MoinesDubuqueIndianolaIowa CityLamoniLawrenceLibertyLincolnManhattanMaryvilleMemphisMeridianNewportNormal

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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