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 $196K in revenue, $400K in expenses, $5.4M in total assets for fiscal year 2025. Imperigo tracks 60 reported grants from this foundation totaling approximately $780K.

EIN: 866589915 Creston, IA Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$196K
Total Expenses$400K
Total Assets$5.4M
Grants Given60
Grant Total$780K
Filing Years2022–2025

Sample Grants Given

Southwestern Community College
Creston, IA · 2025
Scholarship
$128,200
Iowa State University
Ames, IA · 2025
Scholarship
$47,500
University of Memphis
Memphis, TN · 2025
Education of the learning disabled
$31,300
Northwest Missouri State University
Maryville, MO · 2025
Scholarship
$21,000
University of Northern Iowa
Cedar Falls, IA · 2025
Scholarship
$16,000

Showing up to 5 of 60 total records — full history available with membership.

Top Grant Purposes

Scholarship
$542,100 48 grants
2022-2023 Scholarship
$154,450 8 grants
Education of the learning disabled
$76,700 3 grants
Spring 2023 Scholarship
$6,750 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $196K $400K $5.4M
2024 $183K $374K $5.6M
2022 $163K $278K $6.4M

Between 2022 and 2025, reported annual revenue grew from $163K to $196K (+20%), with total assets most recently reported at $5.4M.

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

Grant Geography

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

ARCAIAIDILKSMONEOKPA

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

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