McCommons-Korlick Memorial Trust
Accepts applications
McCommons-Korlick Memorial Trust is a private foundation in Cedar Falls, Iowa. In tax year 2024 it gave $16,500 in 6 grants; the typical grant was $2,625 and the largest $3,250. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$16,500
- Number of grants6
- Typical grant$2,625
- Largest grant$3,250
- Assets$347,617
- New grantees60%
Giving in 2024 was the same as $16,500 the year before.
60% of its 2024 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 | $16,500 | 4 | $321,884 |
| 2024 | $16,500 | 6 | $347,617 |
How to apply
| Contact | Scholarship 242 Tower Park Drive, Waterloo, IA 50701 |
|---|---|
| Phone or email | (319) 788-6441 |
| What to submit | Application form to be submitted to Lincoln savings Bank along with high school transcript, results of college entrance exam(s)and written references from a member of the faculty at Gladbrook-Reinbeck High School and one non-related resident of the Gladbrook-Reinbeck Community School District. |
| Deadlines | Between February 1 and May 1 of each year. |
| Restrictions | Be a member of the current graduation class or past graduate of the Gladbrook-Reinbeck High School and must have plans to major in medicine, pharmacy, nursing, dentistry, or any of the other medical arts. Recipient(s) will be selected based upon need, general character, and probability of success. Applicant's scholarship record and record of achievement shall be considered in making the award. |
What McCommons-Korlick Memorial Trust funds
Where it gives
All of its grants went to recipients in Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 6 | $16,500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Megan Cooley | Assisting the recipient to attend any approved college, junior college, community college, vocational technical school or trade school of the graduate's choice. | $3,250 |
| Madison Resendez | Assisting the recipient to attend any approved college, junior college, community college, vocational technical school or trade school of the graduate's choice. | $3,250 |
| Individual | Assisting the recipient to attend any approved college, junior college, community college, vocational technical school or trade school of the graduate's choice. | $2,750 |
| Lauren Boyer | Assisting the recipient to attend any approved college, junior college, community college, vocational technical school or trade school of the graduate's choice. | $2,500 |
| Shelby Brubaker | Assisting the recipient to attend any approved college, junior college, community college, vocational technical school or trade school of the graduate's choice. | $2,500 |
| Stephanie Kehoe | Assisting the recipient to attend any approved college, junior college, community college, vocational technical school or trade school of the graduate's choice. | $2,250 |
Officers and trustees
- Lincoln Savings Bank
Questions people ask
Does McCommons-Korlick Memorial Trust accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: Between February 1 and May 1 of each year.
How much does McCommons-Korlick Memorial Trust give?
$16,500 in tax year 2024, across 6 grants, with a typical grant of $2,625.
Who runs McCommons-Korlick Memorial Trust?
Its 2024 filing lists Lincoln Savings Bank (Trustee).
What does McCommons-Korlick Memorial Trust fund?
Based on its grants, mainly education.