Private Foundation

W D & Shirley Schafer-Ray Educational Trust

Based in Creston, IA, W D & Shirley Schafer-Ray Educational Trust operates as a Private Foundation. The organization reported $183K in revenue, $374K in expenses, $5.6M in total assets for fiscal year 2024. Imperigo tracks 38 reported grants from this foundation totaling approximately $467K.

EIN: 866589915 Creston, IA Latest filing: 2024
Total Revenue$183K
Total Expenses$374K
Total Assets$5.6M
Grants Given38
Grant Total$467K
Filing Years2022–2024

Sample Grants Given

Southwestern Community College
Creston, IA · 2024
Scholarship
$115,400
Iowa State University
Ames, IA · 2024
Scholarship
$38,000
University of Memphis
Memphis, TN · 2024
Education of the learning disabled
$28,600
University of Iowa
Iowa City, IA · 2024
Scholarship
$13,000
Des Moines University
West Des Moines, IA · 2024
Scholarship
$10,000

Showing up to 5 of 38 total records — full history available with membership.

Top Grant Purposes

Scholarship
$260,400 27 grants
2022-2023 Scholarship
$154,450 8 grants
Education of the learning disabled
$45,400 2 grants
Spring 2023 Scholarship
$6,750 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $183K $374K $5.6M
2022 $163K $278K $6.4M

Between 2022 and 2024, reported annual revenue grew from $163K to $183K (+12%), with total assets most recently reported at $5.6M.

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

Grant Geography

Grants from this foundation were reported to recipients in IA, ID, IL, KS, MO, NE, and 4 other states.

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

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