Lake-Matthews Educational Fund Inc

Organization Overview

Lake-Matthews Educational Fund Inc is located in Shenandoah, IA. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake-Matthews Educational Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Lake-Matthews Educational Fund Inc generated $13.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $17.2k during the year ending 12/2023. While expenses have increased by 2.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Lake-Matthews Educational Fund Inc has awarded 178 individual grants totaling $156,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $13,101
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $13,101

Grants Awarded

Over the last fiscal year, Lake-Matthews Educational Fund Inc has awarded $16,000 in support to 16 organizations.

Grant RecipientAmount

HANNAH MULLIGAN

PURPOSE: SCHOLARSHIP

$1,000

ETHAN VOSHELL

PURPOSE: SCHOLARSHIP

$1,000

LIBBY EHLERS

PURPOSE: SCHOLARSHIP

$1,000

ERIN BALDWIN

PURPOSE: SCHOLARSHIP

$1,000

REED FINNEGAN

PURPOSE: SCHOLARSHIP

$1,000

OLIVIA MCALPIN

PURPOSE: SCHOLARSHIP

$1,000
View Grant Profile

Peer Organizations

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