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EIN 47-2151700

Scharlepp Scholarship Trust

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Sioux Falls
State
South Dakota
Year formed
2016
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Scharlepp Scholarship Trust is a private foundation located in Sioux Falls, SD. Its primary purpose is to provide educational opportunities and financial assistance to young adults through college scholarships. Grantees include Boyden-Hull Community School District and others, and the trust made 12 grants last year.
Total revenues
$107,645
2023
Total expenses
$103,905
2023
Total assets
$3,205,974
2023
Num. employees
0
2023

Program areas at Scharlepp Scholarship Trust

The Scharlepp Scholarship Trust is organized to provide educational opportunities and financial assistance to young adults from osceola, lyon, sioux, and o'brien counties of Iowa. Each year the income from the Trust will be distributed to the high schools in the above referenced counties to be awarded as tuition scholarships to current or recent graduates.
Net rental income is to be distributed annually per Trust agreement.

Grants made by Scharlepp Scholarship Trust

GranteeGrant descriptionAmount
West Lyon School FoundationCollege Scholarships To Be Awared$7,000
MOC-Floyd Valley Community School District FoundationCollege Scholarships To Be Awarded$7,000

Personnel at Scharlepp Scholarship Trust

NameTitleCompensation
Bank Sioux FallsTrustee$6,960

Financials for Scharlepp Scholarship Trust

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$9,822
Net rental income$0
Net gain from sale of non-inventory assets$807
Gross sales of inventory$0
Miscellaneous revenues$97,016
Total revenues$107,645

Form 990s for Scharlepp Scholarship Trust

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-14990PFView PDF
2022-122023-05-15990PFView PDF
2021-122022-05-13990PFView PDF
2020-122021-11-02990PFView PDF
2019-122021-06-15990PFView PDF
...and 4 more Form 990s
Data update history
July 10, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 27, 2023
Posted financials
Added Form 990PF for fiscal year 2020
October 22, 2021
Posted financials
Added Form 990PF for fiscal year 2019
March 3, 2021
Posted financials
Added Form 990PF for fiscal year 2018
May 30, 2019
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 5186
Sioux Falls, SD 57117
County
Minnehaha County, SD
Phone
(605) 335-5109
IRS details
EIN
47-2151700
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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