Bernice E Peterson Scholarship Trust
Accepts applications
Bernice E Peterson Scholarship Trust is a private foundation in Algona, Iowa. In tax year 2025 it gave $23,800 in 9 grants; the typical grant was $1,400 and the largest $9,800. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$23,800
- Number of grants9
- Typical grant$1,400
- Largest grant$9,800
- Assets$585,255
- New grantees67%
Giving in 2025 was up from $23,100 the year before.
67% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $25,615 | 16 | $595,107 |
| 2024 | $23,100 | 7 | $572,058 |
| 2025 | $23,800 | 9 | $585,255 |
How to apply
| Contact | Stacey Schellhammer 205 2nd Ave NW, Pocahontas, IA 50574 |
|---|---|
| Phone or email | (712) 335-4848, sschellhammer@pocahontas.k12.ia.us |
| What to submit, deadlines | Form attached |
| Restrictions | Scholarships for pocahontas area high school students and general support for universities. |
What Bernice E Peterson Scholarship Trust funds
Where it gives
Its grants went to recipients in 2 states, the most to Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 7 | $21,000 |
| South Dakota | 2 | $2,800 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Iowa Central Community College | Scholarships for pocahontas area high school graduates | $9,800 |
| Buena Vista University | Scholarships for pocahontas area high school graduates | $2,800 |
| University of Northern Iowa | Scholarships for pocahontas area high school graduates | $2,800 |
| Des Moines Area Community College | Scholarships for pocahontas area high school graduates | $1,400 |
| Northwestern College | Scholarships for pocahontas area high school graduates | $1,400 |
| South Dakota State University | Scholarships for pocahontas area high school graduates | $1,400 |
| University of South Dakota | Scholarships for pocahontas area high school graduates | $1,400 |
| Upper Iowa University | Scholarships for pocahontas area high school graduates | $1,400 |
| Iowa Western Community College | Scholarships for pocahontas area high school graduates | $1,400 |
Officers and trustees
- Iowa State Bank
Questions people ask
Does Bernice E Peterson Scholarship Trust accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: Form attached.
How much does Bernice E Peterson Scholarship Trust give?
$23,800 in tax year 2025, across 9 grants, with a typical grant of $1,400.
Who runs Bernice E Peterson Scholarship Trust?
Its 2025 filing lists Iowa State Bank (Trustee).
What does Bernice E Peterson Scholarship Trust fund?
Based on its grants, mainly education.