W D & Shirley Schafer-Ray Educational Trust
Preselected recipients only
W D & Shirley Schafer-Ray Educational Trust is a private foundation in Creston, Iowa. In tax year 2025 it gave $313,000 in 22 grants; the typical grant was $3,000 and the largest $128,200. 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$313,000
- Number of grants22
- Typical grant$3,000
- Largest grant$128,200
- Assets$6.8 million
- New grantees41%
Giving in 2025 was up from $289,000 the year before.
41% 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 |
|---|---|---|---|
| 2024 | $289,000 | 28 | $6.3 million |
| 2025 | $313,000 | 22 | $6.8 million |
How to apply
W D & Shirley Schafer-Ray 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 W D & Shirley Schafer-Ray Educational Trust funds
Where it gives
Its grants went to recipients in 9 states, the most to Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 14 | $238,700 |
| Tennessee | 1 | $31,300 |
| Missouri | 1 | $21,000 |
| Arkansas | 1 | $10,000 |
| South Dakota | 1 | $4,000 |
| Kansas | 1 | $3,000 |
| Texas | 1 | $3,000 |
| California | 1 | $1,000 |
| Nebraska | 1 | $1,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Southwestern Community College | Scholarship | $128,200 |
| Iowa State University | Scholarship | $47,500 |
| University of Memphis | Education of the learning disabled | $31,300 |
| Northwest Missouri State University | Scholarship | $21,000 |
| University of Northern Iowa | Scholarship | $16,000 |
| University of Iowa | Scholarship | $15,000 |
| Central College | Scholarship | $11,000 |
| Arkansas State University | Scholarship | $10,000 |
| South Dakota State University | Scholarship | $4,000 |
| Simpson College | Scholarship | $4,000 |
| Columbia College | Scholarship | $3,000 |
| Des Moines University | Scholarship | $3,000 |
| Drake University | Scholarship | $3,000 |
| University of Kansas | Scholarship | $3,000 |
| Allen College | Scholarship | $3,000 |
| The University of Texas at Dallas | Scholarship | $3,000 |
| Iowa Central Community College | Scholarship | $2,000 |
| Graceland University | Scholarship | $1,000 |
| Northeast Community College | Scholarship | $1,000 |
| San Jose State University | Scholarship | $1,000 |
| Waldorf University | Scholarship | $1,000 |
| Mercy College of Health Sciences | Scholarship | $1,000 |
Officers and trustees
- Iowa State Savings Bank
Questions people ask
Does W D & Shirley Schafer-Ray Educational Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does W D & Shirley Schafer-Ray Educational Trust give?
$313,000 in tax year 2025, across 22 grants, with a typical grant of $3,000.
Who runs W D & Shirley Schafer-Ray Educational Trust?
Its 2025 filing lists Iowa State Savings Bank (Trustee).
What does W D & Shirley Schafer-Ray Educational Trust fund?
Based on its grants, mainly education.