Private foundation · Billings, MT

Ruby Schrader Trust

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Typical grant size
$2K – $3K – $3K
25th · median · 75th percentile
Unique recipients
2
Repeat grantees
2
funded 2+ years

Application procedures · from 2024 990-PF

DeadlinesNONE
ContactFIRST INTERSTATE BANK · 5154408462
MaterialsN/A
RestrictionsTEACHER NOMINATED TO 2 SENIOR STUDENTS (1 MALE, 1 FEMALE) BASED UPON STUDENT'S CONTRIBUTION TO SCHOOL AND COMMUNITY IF POSSIBLE, NOT FROM THE TOP 10% OF THEIR CLASS

Leadership · from 2024 990-PF

First Interstate Bank
TRUSTEE
$1K

Source: IRS Form 990-PF, Part VII. Officers, directors, and trustees as reported by the foundation.

Payout rate · TY 2024
4.6%
grants paid ÷ assets · ~5% IRS minimum
'22
'23
'24
6
Total grants awarded
$16K
Total amount
$3K
Average grant
$3K
Largest grant

Giving by year

2024
$5K
2 grants
2023
$5K
2 grants
2022
$6K
2 grants

Top recipients

3 grants · IA · ✓ Exact match
$8K
2 grants · IA · ✓ Exact match
$5K
Coe College Fbo Viola Humpal
1 grant · IA
$3K

Recipient names are as reported on the 990-PF. ✓ Exact match = EIN matched to IRS records by exact name + state; ≈ likely match = EIN inferred from a closely similar name. The recipient EIN is never stated on the form — it is DoubleNine’s match.

Recent grants · most recent filings first

Des Moines Area Community College
SCHOLARSHIP
IA · TY 2024
$3K
University of Northern Iowa
SCHOLARSHIP
IA · TY 2024
$3K
Des Moines Area Community College
SCHOLARSHIP
IA · TY 2023
$2K
University of Northern Iowa
SCHOLARSHIP
IA · TY 2023
$2K
Coe College Fbo Viola Humpal
SCHOLARSHIP
IA · TY 2022
$3K
Des Moines Area Community College
SCHOLARSHIP
IA · TY 2022
$3K

Source: IRS Form 990-PF, Part XV. Up to 50 most recent grants shown.