Wallace E and Hazel C Loft Scholarship Trust
Accepts applications
Wallace E and Hazel C Loft Scholarship Trust is a private foundation in Marshalltown, Iowa. In tax year 2025 it gave $40,950 in 15 grants; the typical grant was $3,000 and the largest $4,950. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$40,950
- Number of grants15
- Typical grant$3,000
- Largest grant$4,950
- Assets$719,834
Giving in 2025 was up from $24,750 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $46,890 | 6 | $0 |
| 2024 | $24,750 | 5 | $674,774 |
| 2025 | $40,950 | 15 | $719,834 |
How to apply
| Contact | Guidance Counselor Janesville Con 505 Barrick Road, Janesville, IA 50647 |
|---|---|
| Phone or email | (319) 987-2581, chad.angel@janesvilleschools.net |
| What to submit | Application with summary of qualifications |
| Deadlines | April 8 |
| Restrictions | Must be a graduate or graduating in current year from janesville consolidated school and attending the university of Iowa Iowa state university or the university of northern Iowa |
What Wallace E and Hazel C Loft Scholarship Trust funds
Where it gives
All of its grants went to recipients in Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 15 | $40,950 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | Scholarship | $4,950 |
| Individual | Scholarship | $3,000 |
| Individual | Scholarship | $3,000 |
| Individual | Scholarship | $3,000 |
| Individual | Scholarship | $3,000 |
| Individual | Scholarship | $3,000 |
| Individual | Scholarship | $3,000 |
| Individual | Scholarship | $3,000 |
| Individual | Scholarship | $3,000 |
| Individual | Scholarship | $3,000 |
| Individual | Scholarship | $3,000 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
Officers and trustees
- Kevin R Hitchins
- Gary L Burke
- Barbara Reid
Questions people ask
Does Wallace E and Hazel C Loft Scholarship Trust accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: April 8.
How much does Wallace E and Hazel C Loft Scholarship Trust give?
$40,950 in tax year 2025, across 15 grants, with a typical grant of $3,000.
Who runs Wallace E and Hazel C Loft Scholarship Trust?
Its 2025 filing lists Kevin R Hitchins (Trustee), Gary L Burke (Trustee) and Barbara Reid (Trustee).
What does Wallace E and Hazel C Loft Scholarship Trust fund?
Based on its grants, mainly education.