Funder DirectoryW D & Shirley Schafer-Ray Educational Trust
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Private non-operating foundationEIN 866589915Est. 2022-07

W D & Shirley Schafer-Ray Educational Trust

Creston, IA 50801

Total Assets

$6.3M

FY 2024

Annual Giving

$289K

FY 2024

Grants Made

28

FY 2024

Avg Grant

$10K

FY 2024

Grant Range

$1K–$115K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$289K

Providing educational grants to non-profit private and public universities.

Focus Areas

Education

Financial Snapshot

2024 filing

Total Revenue

$183K

Total Expenses

$374K

Qualifying Distributions

$334K

Distributable Amount

$306K

Min. Investment Return

$308K

Undistributed Income

$238K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

28 grants

Grant sizes from minimum $1K through median $3K to maximum $115K, 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

2 years

Giving over time from 2022 to 2024. Peak $289K in 2024. Hover bars for details.

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

Top Recipients

38 grants

Southwestern Community College
$189K
2 grants
Iowa State University
$64K
2 grants
University of Memphis
$45K
2 grants
Northwest Missouri State University
$16K
2 grants
Drake University
$15K
2 grants
University of Iowa
$13K
1 grant
Simpson College
$13K
2 grants
Buena Vista University
$11K
2 grants

Grant Size Distribution

38 grants

<$10K
31
grants
$10–50K
5
grants
$50–250K
2
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

11 states

Iowa
$349K
75% of total
Tennessee
$45K
10% of total
Missouri
$19K
4% of total
Nebraska
$16K
3% of total
Rhode Island
$10K
2% of total
Oklahoma
$9K
2% of total
South Dakota
$7K
1% of total
Pennsylvania
$6K
1% of total
Kansas
$4K
1% of total
Illinois
$1K
0% of total

+1 more states

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W D & Shirley Schafer-Ray Educational Trust — Grants, Financials & Contact | Grantivo