Frank D Lillie Scholarship Trust

Organization Overview

Frank D Lillie Scholarship Trust is located in Grimes, IA. The organization was established in 2005. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frank D Lillie Scholarship Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Frank D Lillie Scholarship Trust generated $65.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $122.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Frank D Lillie Scholarship Trust has awarded 42 individual grants totaling $242,099. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Dennis D Michener
Trustee
$6,000
Jerrid K Michener
Trustee
$1,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $29,523
Net Rental Income$0
Net Gain on Sale of Assets $35,895
Capital Gain Net Income $35,895
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $65,418

Grants Awarded

Over the last fiscal year, Frank D Lillie Scholarship Trust has awarded $74,799 in support to 19 organizations.

Grant RecipientAmount

FAITH EVANS

PURPOSE: CASH SCHOLARSHIP AWARD PAID DIRECTLY TO INSTITUTION

$4,000

ZANE KOLOSIK

PURPOSE: CASH SCHOLARSHIP AWARD PAID DIRECTLY TO INSTITUTION

$4,000

ALYVIA FULLER

PURPOSE: CASH SCHOLARSHIP AWARD PAID DIRECTLY TO INSTITUTION

$4,000

JACLYN KLEVE

PURPOSE: CASH SCHOLARSHIP AWARD PAID DIRECTLY TO INSTITUTION

$4,000

SELIA BECKER

PURPOSE: CASH SCHOLARSHIP AWARD PAID DIRECTLY TO INSTITUTION

$4,000

CURTIS JOHNSON

PURPOSE: CASH SCHOLARSHIP AWARD PAID DIRECTLY TO INSTITUTION

$4,000
View Grant Profile

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