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Filing year 2024

Grinnell Mutual Group Foundation

Grinnell, Iowa·EIN 42-1308146·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$554k
Total assets
$305
Total expenses
$555k
Reported officers
12

Reported officers (all unpaid)

No paid executives reported in 2024. Grinnell Mutual Group Foundation reported 12 unpaid officers and board members on its 990-PF.

President
Treasurer
Secretary
Director
Director
Director
Director
Director
Director
Director Manager
Director
Vice President

Grants paid

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

Total granted

$555k

Itemized grants

98

Median grant

$1k

RecipientLocationPurposeAmount
Greater Greenfield Community FoundationGreenfield, IAGreenfield Tornado Relief Fund$150k
Mayflower Homes IncGrinnell, IAGrant for ADA Compliant Van$25k
United Way of Central IowaDes Moines, IAUnited Way employee matching donation$24k
City of Grinnell Parks and RecGrinnell, IASona Arch-Central Park update$20k
Grinnell Fire DepartmentGrinnell, IASupplies for Ambulance-2nd of 3 Annual pmts$20k
Greater Poweshiek Community FoundationGrinnell, IAGrinnell Education Partnership 1st of 3rd year commitment$20k
Grinnell Historical MuseumGrinnell, IAGrant for Renovation of New Museum Space$20k
Grinnell United WayGrinnell, IAUnited Way employee matching donation$19k
Montezuma Community DevelopmentMontezuma, IAPlayground Equipment Grant$18k
Iowa College FoundationDes Moines, IAScholarship program for 2024-2025$14k
St Frances Manor FoundationGrinnell, IAAutomatic Door Locking System Grant$13k
University of Northern Iowa FoundationCedar Falls, IAProject #211888 Grinnell Mutual Group Foundation Scholarship$11k
University of Iowa FoundationIowa City, IAHolden Comprehensive Cancer Center-2024 pledge 4th of 5 years$10k
University of Iowa FoundationIowa City, IAHolden Comprehensive Cancer Center-2024 pledge 4th of 5 years$10k
Iowa State University FoundationAmes, IAAnnual GMG Foundation Scholarships 2024-2025$10k
University of Iowa FoundationIowa City, IA2024-2025 Scholarships$10k
JPK FundGrinnell, IAJPK Fund-Grinnell Area Mental Health Consortium$10k
Ahrens Park FoundationGrinnell, IAADA Access Improvement Grant$10k
University of Iowa Center for AdvancementIowa City, IAIowa Health Care Lawnmower Safety Program$10k
Jasper County Emergency Management AgencyNewton, IAFour Ev Fire Blankets$8k
United Way of Jasper CountyNewton, IAUnited Way employee matching donation$5k
Greater Poweshiek Community FoundationGrinnell, IABusiness Partner in Philanthropy 2nd of 3 years$5k
Grinnell School of MusicGrinnell, IAFunding for Challenge Grant$5k
Iowa ABI FoundationDes Moines, IAGrant funding$5k
On With LifeAnkeny, IAIn Kind Match for Family Housing$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Grinnell Mutual Group Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$433k
$433k
2023
$554k
$555k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Iowa

Grinnell Mutual Group Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Iowa earns a median of $9,846.

25th percentile
$2k
Median
$9,846
75th percentile
$52k
90th percentile
$140k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 312 organizations across 312 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Iowa
FAQ

Common questions about Grinnell Mutual Group Foundation

What are Grinnell Mutual Group Foundation's revenue and expenses?

In 2024, Grinnell Mutual Group Foundation reported $554k in total revenue and $555k in total expenses on its IRS Form 990.

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