Mission
TO PROVIDE FOR STUDENT LOANS, SCHOLARSHIPS AND GRANTS FOR INDIVIDUALS ATTENDING MORNINGSIDE COLLEGE, BUENA VISTA UNIVERSITY AND CORNELL COLLEGE.
Public Charity
MABEL E SHERMAN EDUCATIONAL FUND C/O CITIZENS FIRST NATIONAL BANK
MABEL E SHERMAN EDUCATIONAL FUND C/O CITIZENS FIRST NATIONAL BANK is a private foundation categorized as Public Charity based in STORM LAKE, IA. Its most recent IRS filing (2025) reports revenue of $365K, expenses of $192K, total assets of $8.0M. Imperigo tracks 15 reported grants from this foundation totaling approximately $683K.
EIN: 426278859
STORM LAKE, IA
Latest filing: 2025
Total Revenue$365K
Total Expenses$192K
Total Assets$8.0M
Grants Given15
Grant Total$683K
Filing Years2021–2025
Sample Grants Given
STUDENT LOANS
$55,863
STUDENT LOANS
$55,863
STUDENT LOANS
$27,931
STUDENT LOANS
$63,351
STUDENT LOANS
$63,351
Showing up to 5 of 15 total records — full history available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $365K | $192K | $8.0M |
| 2024 | $304K | $219K | $7.8M |
| 2023 | $329K | $196K | $7.7M |
| 2022 | $339K | $161K | $7.6M |
| 2021 | $232K | $165K | $7.4M |
Between 2021 and 2025, reported annual revenue grew from $232K to $365K (+57%), with total assets most recently reported at $8.0M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in IA.
IA
Full geographic grant map with state-by-state breakdown available with membership.