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Foundations / Wisconsin

Ida Koran Trust

Accepts applications Milwaukee, Wisconsin · EIN 416124022

Ida Koran Trust is a private foundation in Milwaukee, Wisconsin. In tax year 2024 it gave $2.4 million in 2 grants; the typical grant was $1.2 million and the largest $1.5 million. It accepts applications; its filing gives the instructions below.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was up from $2.0 million the year before.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$2.0 million2$45.0 million
2024$2.4 million2$46.6 million

How to apply

Its grants go to individuals, not organizations. Every grant in its 2024 filing was paid to an individual (for example a scholarship or assistance with costs), so it is not a funding prospect for a nonprofit.

ContactIda C Koran Student Aid Program
P O Box 297, St Peter, MN 56082
Phone or email(800) 537-4180
What to submitIda c koran student loan application
DeadlinesFebruary 18 current year
RestrictionsDependent children of employees with 2 years of continuous service

As written in the foundation's IRS filing for tax year 2024. Details may have changed since.

IRS filings on ProPublica

What Ida Koran Trust funds

Where it gives

All of its grants went to recipients in Minnesota.

StateGrantsAmount
Minnesota2$2.4 million

Grants paid in 2024

All 2 grants
RecipientPurposeAmount
Individual
MN
Academic scholarships$1.5 million
Individual
MN
$850,411

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does Ida Koran Trust accept grant applications?

Yes. Its latest IRS filing says it accepts applications, with this on deadlines: February 18 current year.

How much does Ida Koran Trust give?

$2.4 million in tax year 2024, across 2 grants, with a typical grant of $1.2 million.

Who runs Ida Koran Trust?

Its 2024 filing lists US Bank N A (Trustee), Diana Lewis (Trustee) and Steve Fritze (Trustee).

What does Ida Koran Trust fund?

Based on its grants, mainly education.

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