Carroll C Mongan Trust
Accepts applications
Carroll C Mongan Trust is a private foundation in Cherokee, Iowa. In tax year 2025 it gave $10,500 in 3 grants; the typical grant was $3,500 and the largest $3,500. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$10,500
- Number of grants3
- Typical grant$3,500
- Largest grant$3,500
- Assets$418,456
Giving in 2025 was down from $12,000 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $12,000 | 6 | $414,164 |
| 2024 | $12,000 | 6 | $277,796 |
| 2025 | $10,500 | 3 | $418,456 |
How to apply
| Contact | State Savings Bank 200 S 2nd, Cherokee, IA 51012 |
|---|---|
| Phone or email | (712) 225-6117 |
| What to submit | sample attached |
| Deadlines | April 1 of each year |
| Restrictions | Veterans preference, awards limited to residents of Cherokee Co., IA, due annually by April 1 |
What Carroll C Mongan Trust funds
Where it gives
All of its grants went to recipients in Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 3 | $10,500 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | tuition | $3,500 |
| Individual | tuition | $3,500 |
| Individual | tuition | $3,500 |
Officers and trustees
- State Savings Bank
- Brian Lockin
Questions people ask
Does Carroll C Mongan Trust accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: April 1 of each year.
How much does Carroll C Mongan Trust give?
$10,500 in tax year 2025, across 3 grants, with a typical grant of $3,500.
Who runs Carroll C Mongan Trust?
Its 2025 filing lists State Savings Bank (Trustee) and Brian Lockin (Trustee).
What does Carroll C Mongan Trust fund?
Based on its grants, mainly education.