Funder DirectoryMICHELS FAMILY EDUCATIONAL TRUST
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Private foundation (trust)EIN 426570941Est. 1998-08

MICHELS FAMILY EDUCATIONAL TRUST

MUSCATINE, IA 52761

Accepts unsolicited proposals

Total Assets

$344K

FY 2024

Annual Giving

$9K

FY 2024

Grants Made

4

FY 2024

Avg Grant

$2K

FY 2024

Grant Range

$1K–$5K

Typical

Deadlines

Open / rolling

Applications

Programs & Activities

Program 1

$9K

Distibution of scholarships to 5 recipients

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$9K

Total Expenses

$14K

Qualifying Distributions

$3K

Distributable Amount

$17K

Min. Investment Return

$17K

Payout rate 18%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.18%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

4 grants

Grant sizes from minimum $1K through median $2K to maximum $5K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

6 years

Giving over time from 2018 to 2024. Peak $31K in 2021. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

47 grants

Allison Brotherton
$12K
3 grants
Andres vargas
$7K
3 grants
Krystol Martz
$7K
3 grants
nancy nieto
$7K
3 grants
eric valdez
$6K
4 grants
Ricardo Pena
$3K
2 grants
Hector Castillo
$3K
1 grant
Alyssa Hall
$3K
1 grant

Grant Size Distribution

47 grants

<$10K
47
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

Iowa
$91K
100% of total

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