Private Foundation

WILLIAM L AND ETHEL GUND MEMORIAL FUND % CHEROKEE STATE BANK

WILLIAM L AND ETHEL GUND MEMORIAL FUND % CHEROKEE STATE BANK is a Private Foundation headquartered in CHEROKEE, IA. Financial data from the 2025 filing: $180K revenue, $80K expenses, $1.4M total assets. IRS filings disclose 5 grants awarded by this foundation, totaling roughly $5K.

EIN: 426068287 CHEROKEE, IA Latest filing: 2025

Total Revenue$180K

Total Expenses$80K

Total Assets$1.4M

Grants Given5

Grant Total$5K

Filing Years2020–2025

Sample Grants Given

VALEDICTORIAN

MARCUS, IA · 2020

EDUCATIONAL PURPOSE

$1,500

VALEDICTORIAN

MARCUS, IA · 2019

EDUCATIONAL PURPOSE

$500

VALEDICTORIAN

MARCUS, IA · 2018

EDUCATIONAL PURPOSE

$750

VALEDECTORIAN

MARCUS, IA

EDUCATIONAL PURPOSE

$1,500

MMCRU FOUNDATION

MARCUS, IA

EDUCATIONAL PURPOSE

$750

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

TRUSTEE DEPT Cherokee State Bank Trustee

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATIONAL PURPOSE

$5,000 5 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$180K	$80K	$1.4M
2024	$1.1M	$66K	$1.6M
2023	$156K	$61K	$757K
2021	$144K	$49K	$1.0M
2020	$181K	$50K	$1.0M

Between 2020 and 2025, reported annual revenue held roughly steady at around $180K, with total assets most recently reported at $1.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in IA.

Full geographic grant map with state-by-state breakdown available with membership.

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