W D & Shirley Schafer-Ray Educational Trust
Invitation OnlyCreston, Iowa · EIN 86-6589915 · Private foundation
Grants paid (2025)$313K
Organizations funded22
Typical grant$3,000
Total assets$6.8M
Half of its grants to organizations were between $2,000 and $15,000.
From the return
How to apply
On its return for tax year 2025 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
36% of grants went outside Iowa.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Southwestern Community College | Creston, IA | Scholarship | $128,200 |
| Iowa State University | Ames, IA | Scholarship | $47,500 |
| University of Memphis | Memphis, TN | Education of the learning disabled | $31,300 |
| Northwest Missouri State University | Maryville, MO | Scholarship | $21,000 |
| University of Northern Iowa | Cedar Falls, IA | Scholarship | $16,000 |
| University of Iowa | Iowa City, IA | Scholarship | $15,000 |
| Central College | Pella, IA | Scholarship | $11,000 |
| Arkansas State University | Jonesboro, AR | Scholarship | $10,000 |
| South Dakota State University | Brookings, SD | Scholarship | $4,000 |
| Simpson College | Indianola, IA | Scholarship | $4,000 |
| Columbia College | Dubuque, IA | Scholarship | $3,000 |
| Des Moines University | West Des Moines, IA | Scholarship | $3,000 |
| Drake University | Des Moines, IA | Scholarship | $3,000 |
| University of Kansas | Lawrence, KS | Scholarship | $3,000 |
| Allen College | Waterloo, IA | Scholarship | $3,000 |
| The University of Texas at Dallas | Richardson, TX | Scholarship | $3,000 |
| Iowa Central Community College | Fort Dodge, IA | Scholarship | $2,000 |
| Graceland University | Lamoni, IA | Scholarship | $1,000 |
| Northeast Community College | Norfolk, NE | Scholarship | $1,000 |
| San Jose State University | San Jose, CA | Scholarship | $1,000 |
| Waldorf University | Forest City, IA | Scholarship | $1,000 |
| Mercy College of Health Sciences | Des Moines, IA | Scholarship | $1,000 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $313,000 | 22 |
| 2024 | $289,000 | 28 |
Sources
- IRS Form 990-PF, tax year 2025, filed May 12, 2026 - IRS e-file batch, object ID 202631329349104483
- IRS Tax Exempt Organization Search for EIN 86-6589915
- Profile updated Nov 5, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.