Specht Educational Trust
Preselected recipients only
Specht Educational Trust is a private foundation in Cherokee, Iowa. In tax year 2025 it gave $40,000 in 8 grants; the typical grant was $5,000 and the largest $5,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$40,000
- Number of grants8
- Typical grant$5,000
- Largest grant$5,000
- Assets$1.2 million
Giving in 2025 was up from $20,000 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $6,000 | 4 | $1.1 million |
| 2024 | $20,000 | 4 | $1.2 million |
| 2025 | $40,000 | 8 | $1.2 million |
How to apply
Specht Educational Trust says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Specht Educational Trust funds
Where it gives
All of its grants went to recipients in Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 8 | $40,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | charitable / education | $5,000 |
| Individual | charitable / education | $5,000 |
| Individual | charitable / education | $5,000 |
| Individual | charitable / education | $5,000 |
| Individual | charitable / education | $5,000 |
| Individual | charitable / education | $5,000 |
| Individual | charitable / education | $5,000 |
| Individual | charitable / education | $5,000 |
Officers and trustees
- Cherokee State Bank
- Loughlin Law Firm
Questions people ask
Does Specht Educational Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Specht Educational Trust give?
$40,000 in tax year 2025, across 8 grants, with a typical grant of $5,000.
Who runs Specht Educational Trust?
Its 2025 filing lists Cherokee State Bank (Trustee) and Loughlin Law Firm (Trustee).
What does Specht Educational Trust fund?
Based on its grants, mainly education.