Isaac W And Carrie M Carpenter Scholarship Foundation

Milwaukee, WI
Tax-exempt since May 1984
EIN: 47-0661090

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Type of Nonprofit

Designated as a 501(c)(3) 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.

Revenue

$37.7k (2025)

Expenses

$29.1k (2025)

Total Assets

$509k (2025)

Total Liabilities

$0 (2025)

Years with missing data

Source: Form 990 tax filings from 2011 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 Aug.
2025

Revenue

$37,694

Expenses

$29,142

Net Income

$8,552

Net Assets

$508,608

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$18,444	48.9%
Sales of Assets	$19,235	51.0%
Other Income	$15	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$20,902	71.7%
Compensation of Officers*	$8,818	30.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$508,608
Total Liabilities	$0
Net Assets	$508,608

Compensation

Key Employees and Officers	Compensation	Other
Us Bank N A (Trustee)	$8,818	$0

990-PF

Filed on Dec. 19, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2024

Revenue

-$3,089

Expenses

$28,919

Net Income

-$32,008

Net Assets

$500,057

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$18,356
Sales of Assets	-$21,458
Other Income	$13

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$21,222	73.4%
Compensation of Officers*	$8,287	28.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$500,057
Total Liabilities	$0
Net Assets	$500,057

Compensation

Key Employees and Officers	Compensation	Other
Us Bank Na (Trustee)	$8,287	$0

990-PF

Filed on Dec. 23, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2023

Revenue

$14,666

Expenses

$36,093

Net Income

-$21,427

Net Assets

$532,065

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$17,205	> 100%
Sales of Assets	-$3,431
Other Income	$892	6.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$28,717	79.6%
Compensation of Officers*	$8,129	22.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$532,065
Total Liabilities	$0
Net Assets	$532,065

Compensation

Key Employees and Officers	Compensation	Other
Us Bank Na (Trustee)	$8,129	$0

990-PF

Filed on Jan. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2022

Revenue

$22,332

Expenses

$56,149

Net Income

-$33,817

Net Assets

$553,495

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$14,479	64.8%
Sales of Assets	$7,843	35.1%
Other Income	$10	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$44,948	80.1%
Compensation of Officers*	$9,593	17.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$553,495
Total Liabilities	$0
Net Assets	$553,495

Compensation

Key Employees and Officers	Compensation	Other
Us Bank Na (Trustee)	$9,593	$0

990-PF

Filed on Jan. 13, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2021

Revenue

$106,657

Expenses

$29,656

Net Income

$77,001

Net Assets

$581,313

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$13,831	13.0%
Sales of Assets	$90,076	84.5%
Other Income	$2,750	2.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$20,802	70.1%
Compensation of Officers*	$9,723	32.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$581,313
Total Liabilities	$0
Net Assets	$581,313

Compensation

Key Employees and Officers	Compensation	Other
Us Bank Na (Trustee)	$9,723	$0

990-PF

Filed on Jan. 11, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2020

Revenue

$22,017

Expenses

$38,674

Net Income

-$16,657

Net Assets

$504,312

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$17,386	79.0%
Sales of Assets	$4,631	21.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$30,206	78.1%
Compensation of Officers*	$8,912	23.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$504,313
Total Liabilities	$1
Net Assets	$504,312

Compensation

Key Employees and Officers	Compensation	Other
Us Bank Na (Trustee)	$8,912	$0

990-PF

Filed on Dec. 25, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2019

Revenue

$19,917

Expenses

$10,254

Net Income

$9,663

Net Assets

$520,972

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$14,531	73.0%
Sales of Assets	$5,339	26.8%
Other Income	$47	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,854	18.1%
Compensation of Officers*	$541	5.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$520,972
Total Liabilities	$0
Net Assets	$520,972

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2018

Revenue

$19,743

Expenses

$37,103

Net Income

-$17,360

Net Assets

$511,308

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$13,878	70.3%
Sales of Assets	$5,865	29.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$28,775	77.6%
Compensation of Officers*	$8,969	24.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$511,308
Total Liabilities	$0
Net Assets	$511,308

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2017

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

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2016

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

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Aug.
2015

Revenue

$46,563

Expenses

$40,439

Net Income

$6,124

Net Assets

$588,684

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$15,531	33.4%
Sales of Assets	$30,747	66.0%
Other Income	$285	0.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$31,594	78.1%
Compensation of Officers*	$9,543	23.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$588,684
Total Liabilities	$0
Net Assets	$588,684

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2014

Revenue

$19,420

Expenses

$38,809

Net Income

-$19,389

Net Assets

$582,597

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$14,258	73.4%
Sales of Assets	$5,161	26.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$29,510	76.0%
Compensation of Officers*	$9,805	25.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$582,597
Total Liabilities	$0
Net Assets	$582,597

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2013

Revenue

$45,365

Expenses

$39,720

Net Income

$5,645

Net Assets

$601,987

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$16,391	36.1%
Sales of Assets	$28,974	63.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$31,122	78.4%
Compensation of Officers*	$10,758	27.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$601,987
Total Liabilities	$0
Net Assets	$601,987

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2012

Revenue

$21,256

Expenses

$38,155

Net Income

-$16,899

Net Assets

$596,340

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$17,433	82.0%
Sales of Assets	$3,823	18.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$29,227	76.6%
Compensation of Officers*	$10,084	26.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$596,340
Total Liabilities	$0
Net Assets	$596,340

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2011

Revenue

$51,803

Expenses

$71,421

Net Income

-$19,618

Net Assets

$613,239

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$19,187	37.0%
Sales of Assets	$32,616	63.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$63,791	89.3%
Compensation of Officers*	$9,555	13.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$613,239
Total Liabilities	$0
Net Assets	$613,239

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.

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Types of Nonprofits

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Updated March 23, 2026

Isaac W And Carrie M Carpenter Scholarship Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $37.7k (2025)

Expenses $29.1k (2025)

Total Assets $509k (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending Aug. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Aug. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Aug. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Aug. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Aug. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Aug. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Aug. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Aug. 2012

Extracted Financial Data

Revenue

$37.7k (2025)

Expenses

$29.1k (2025)

Total Assets

$509k (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending Aug.
2025

Fiscal Year Ending Aug.
2024

Fiscal Year Ending Aug.
2023

Fiscal Year Ending Aug.
2022

Fiscal Year Ending Aug.
2021

Fiscal Year Ending Aug.
2020

Fiscal Year Ending Aug.
2019

Fiscal Year Ending Aug.
2018

Fiscal Year Ending Aug.
2017

Fiscal Year Ending Aug.
2016

Fiscal Year Ending Aug.
2015

Fiscal Year Ending Aug.
2014

Fiscal Year Ending Aug.
2013

Fiscal Year Ending Aug.
2012

Fiscal Year Ending Aug.
2011

Fiscal Year Ending Aug.
2010

Fiscal Year Ending Aug.
2009

Fiscal Year Ending Aug.
2008

Fiscal Year Ending Aug.
2007

Fiscal Year Ending Aug.
2006

Fiscal Year Ending Aug.
2005

Fiscal Year Ending Aug.
2004

Fiscal Year Ending Aug.
2003

Fiscal Year Ending Aug.
2002