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Filing year 2024

JAMES J & MILDRED M POSTMA SCHOLARSHIP FUND

Chicago, Illinois·EIN 36-7057895·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$156k
Total assets
$2M
Total expenses
$170k
Reported officers
2

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Co-trustee
Unclassified
$33k
$36k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at JAMES J & MILDRED M POSTMA SCHOLARSHIP FUND equaled 19% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
19%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$136k

Itemized grants

19

Median grant

$3k

RecipientLocationPurposeAmount
DORDT UNIVERSITY FINANCIAL AID OFFICESIOUX CENTER, IASCHOLARSHIPS$58k
NORTHWESTERN COLLEGEORANGE CITY, IASCHOLARSHIPS$27k
IOWA STATE UNIVERSITY OFFICE OF STUDENT FINANCIAL AIDAMES, IASCHOLARSHIPS$10k
UNIVERSITY OF IOWAIOWA CITY, IASCHOLARSHIPS$7k
SOUTH DAKOTA STATE UNIVERSITY FINANCIAL AID OFFICEBROOKINGS, SDSCHOLARSHIPS$5k
SOUTHWEST MINNESOTA STATE UNIVERSITYMARSHALL, MNSCHOLARSHIPS$4k
KANSAS STATE UNIVERSITYSALINA, KSSCHOLARSHIPS$3k
UNIVERSITY OF MINNESOTAMINNEAPOLIS, MNSCHOLARSHIP$3k
IOWA LAKES COMMUNITY COLLEGEESTHERVILLE, IASCHOLARSHIPS$3k
MORNINGSIDE UNIVERSITYSIOUX CITY, IASCHOLARSHIPS$3k
CALVIN UNIVERSITYGRAND RAPIDS, IDSCHOLARSHIPS$2k
OLIVET NAZARENE UNIVERSITY EAST ILLINOISBOURBONNAIS, ILSCHOLARSHIPS$2k
UNIVERSITY OF NEBRASKA-OMAHAOMAHA, NESCHOLARSHIPS$2k
WESTERN IOWA TECH COMMUNITY COLLEGE OFFICE OF FINANCIAL AIDSIOUX CITY, IASCHOLARSHIPS$2k
ORAL ROBERTS UNIVERSITYTULSA, OKSCHOLARSHIP$2k
GROVE CITY COLLEGEGROVE CITY, PASCHOLARSHIPS$950
UNIVERSITY OF SOUTH DAKOTA FINANCIAL AID OFFICEVERMILLION, SDSCHOLARSHIPS$950
NORTHWEST IOWA COMMUNITY COLLEGESHELDON, IASCHOLARSHIPS$950
DAKOTA STATE UNIVERSITYMADISON, SDSCHOLARSHIPS$950
Compare this foundation's grantees

Up 17%
from 2023

From $28k in 2023 to $33k in 2024.

$28k
2023
$33k
2024
In today's dollarsEst.
Up 14% in real terms$31k to $36k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about JAMES J & MILDRED M POSTMA SCHOLARSHIP FUND

What are JAMES J & MILDRED M POSTMA SCHOLARSHIP FUND's revenue and expenses?

In 2024, JAMES J & MILDRED M POSTMA SCHOLARSHIP FUND reported $156k in total revenue and $170k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.