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Holt Family Scholarship Foundation

Marshall & Ilsey Trust Company

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$83.2k (2025)

Expenses
$125k (2025)

Total Assets
$940k (2025)

Total Liabilities
$0 (2025)

Years with missing data
Source: Form 990 tax filings from 2012 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending July
2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$83,244
Expenses
$125,185
Net Income
-$41,941
Net Assets
$939,875
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $37,734
45.3%
Sales of Assets $44,921
54.0%
Other Income $589
0.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $109,829
87.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $939,875
Total Liabilities $0
Net Assets $939,875
Compensation
Key Employees and Officers Compensation Other
Thorstien Holt (Trustee) $0 $0
Jon P Wilcox (Trustee) $0 $0

Document Links

Fiscal Year Ending July
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$48,033
Expenses
$19,622
Net Income
$28,411
Net Assets
$980,235
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $35,036
72.9%
Sales of Assets $12,997
27.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,809
24.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $980,235
Total Liabilities $0
Net Assets $980,235
Compensation
Key Employees and Officers Compensation Other
Thorstien Holt (Trustee) $0 $0
Jon P Wilcox (Trustee) $0 $0

Document Links

Fiscal Year Ending July
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$47,496
Expenses
$127,776
Net Income
-$80,280
Net Assets
$952,342
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $28,026
59.0%
Sales of Assets $19,470
41.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $111,500
87.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $952,342
Total Liabilities $0
Net Assets $952,342
Compensation
Key Employees and Officers Compensation Other
Thorstien Holt (Trustee) $0 $0
Jon P Wilcox (Trustee) $0 $0

Document Links

Fiscal Year Ending July
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$167,098
Expenses
$84,271
Net Income
$82,827
Net Assets
$1,033,433
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $37,523
22.5%
Sales of Assets $129,575
77.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $70,119
83.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,033,433
Total Liabilities $0
Net Assets $1,033,433
Compensation
Key Employees and Officers Compensation Other
Thorstien Holt (Trustee) $0 $0
Jon P Wilcox (Trustee) $0 $0

Document Links

Fiscal Year Ending July
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$93,481
Expenses
$65,106
Net Income
$28,375
Net Assets
$950,217
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $27,798
29.7%
Sales of Assets $65,683
70.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $50,700
77.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $950,218
Total Liabilities $1
Net Assets $950,217
Compensation
Key Employees and Officers Compensation Other
Thorstien Holt (Trustee) $0 $0
Jon P Wilcox (Trustee) $0 $0

Document Links

Fiscal Year Ending July
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$99,847
Expenses
$69,801
Net Income
$30,046
Net Assets
$922,222
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $27,717
27.8%
Sales of Assets $72,130
72.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $57,251
82.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $922,222
Total Liabilities $0
Net Assets $922,222

Document Links

Fiscal Year Ending July
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$45,124
Expenses
$72,058
Net Income
-$26,934
Net Assets
$889,969
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $28,705
63.6%
Sales of Assets $16,419
36.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $58,521
81.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $889,969
Total Liabilities $0
Net Assets $889,969

Document Links

Fiscal Year Ending July
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$26,497
Expenses
$16,222
Net Income
$10,275
Net Assets
$909,543
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $20,563
77.6%
Sales of Assets $5,934
22.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,800
23.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $909,543
Total Liabilities $0
Net Assets $909,543

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending July
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$49,189
Expenses
$65,796
Net Income
-$16,607
Net Assets
$899,270
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $27,391
55.7%
Sales of Assets $21,798
44.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $50,575
76.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $899,270
Total Liabilities $0
Net Assets $899,270

Document Links

Fiscal Year Ending July
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$93,003
Expenses
$71,209
Net Income
$21,794
Net Assets
$915,011
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $26,773
28.8%
Sales of Assets $66,230
71.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $59,704
83.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $915,011
Total Liabilities $0
Net Assets $915,011

Document Links

Fiscal Year Ending July
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$90,710
Expenses
$69,862
Net Income
$20,848
Net Assets
$894,016
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $28,069
30.9%
Sales of Assets $62,641
69.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $88,908
> 100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $894,017
Total Liabilities $1
Net Assets $894,016

Document Links

Fiscal Year Ending July
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$51,875
Expenses
$114,517
Net Income
-$62,642
Net Assets
$873,168
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $27,076
52.2%
Sales of Assets $24,799
47.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $103,392
90.3%
Compensation of Officers* $9,886
8.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $873,169
Total Liabilities $1
Net Assets $873,168

Document Links

Fiscal Year Ending July
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending July
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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