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Form 990-PFTax year 2025EIN 42-6550538

Carroll C Mongan Trust

A private foundation in Cherokee, IA. Its return for tax year 2025 lists 3 grants and $10,500 paid in grants.

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Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
State Savings Bank
200 S 2nd
Cherokee, IA 51012
(712) 225-6117
Form and materials
sample attached
Deadlines
April 1 of each year
Restrictions
Veterans preference, awards limited to residents of Cherokee Co., IA, due annually by April 1

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2025

    $10,500

    Grants listed
    3
    Assets, end of year
    $418,456

  • Tax year 2024

    $12,000

    Grants listed
    6
    Assets, end of year
    $410,348

  • Tax year 2023

    $12,000

    Grants listed
    6
    Assets, end of year
    $414,164

  • Tax year 2022

    $20,000

    Grants listed
    10
    Assets, end of year
    $340,920

  • Tax year 2021

    $26,000

    Grants listed
    15
    Assets, end of year
    $432,142

  • Tax year 2020

    $11,750

    Grants listed
    1
    Assets, end of year
    $427,645

Grants paid in 2025

3 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Individual

    tuition

    $3,500
  2. Individual

    tuition

    $3,500
  3. Individual

    tuition

    $3,500

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • State Savings BankTrustee Hours 2Pay $0
  • Brian LockinTrustee Hours 1Pay $0

The return

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