Scharlepp Scholarship Trust
Preselected recipients only
Scharlepp Scholarship Trust is a private foundation in Sioux Falls, South Dakota. In tax year 2025 it gave $60,000 in 12 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$60,000
- Number of grants12
- Typical grant$5,000
- Largest grant$5,000
- Assets$1.5 million
- New grantees0%
Giving in 2025 was down from $69,600 the year before.
0% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $84,000 | 12 | $1.2 million |
| 2024 | $69,600 | 12 | $1.2 million |
| 2025 | $60,000 | 12 | $1.5 million |
How to apply
Scharlepp Scholarship 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 Scharlepp Scholarship Trust funds
Where it gives
All of its grants went to recipients in Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 12 | $60,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Boyden-Hull Community School Distri | College scholarships to be awarded | $5,000 |
| Central Lyon Senior High School | College scholarships to be awarded | $5,000 |
| George-Little Rock Community School | College scholarships to be awarded | $5,000 |
| Hartley-Melvin-Sanborn Community School District | College scholarships to be awarded | $5,000 |
| Moc Floyd Valley Community School District Foundation | College scholarships to be awarded | $5,000 |
| Rock Valley Community School | College scholarships to be awarded | $5,000 |
| Sheldon Community School District | College scholarships to be awarded | $5,000 |
| Sibley-Ocheyedan Community School District | College scholarships to be awarded | $5,000 |
| Sioux Center Schools | College scholarships to be awarded | $5,000 |
| South O'Brien Community School District | College scholarships to be awarded | $5,000 |
| West Lyon School Foundation | College scholarships to be awared | $5,000 |
| West Sioux Community School Distric | College scholarships to be awarded | $5,000 |
Officers and trustees
- The First National Bank Sioux Falls
- Gary T Benz
Questions people ask
Does Scharlepp Scholarship Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Scharlepp Scholarship Trust give?
$60,000 in tax year 2025, across 12 grants, with a typical grant of $5,000.
Who runs Scharlepp Scholarship Trust?
Its 2025 filing lists The First National Bank Sioux Falls (Co-Trustee) and Gary T Benz (Co-Trustee).
What does Scharlepp Scholarship Trust fund?
Based on its grants, mainly education.