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5x80 Foundation is a private corporation based in MENLO, IA. The foundation received its IRS ruling in 2012. The principal officer is Jami Jorgensen. It holds total assets of $4K. Annual income is reported at $24K. Total assets have decreased from $23K in 2012 to $3K in 2021. The foundation is governed by 5 officers and trustees. Renovation of 5by80 country club facilities for use by the public at large. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2022. According to available records, 5x80 Foundation has made 6 grants totaling $45K, with a median grant of $500. Annual giving has grown from $650 in 2020 to $43K in 2022. Individual grants have ranged from $325 to $22K, with an average award of $8K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Renovation of 5by80 country club facilities for use by the public at large
Expenses: $808
Support of students through scholarships
Expenses: $975
Renovation of 5by80 country club facilities for use by the public at large. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IA.
5x80 Foundation has distributed a total of $45K across 6 grants. The median grant size is $500, with an average of $8K. Individual grants have ranged from $325 to $22K.
5x80 Foundation typically selects its grantees rather than accepting unsolicited proposals.
5x80 Foundation is headquartered in MENLO, IA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Codi Ayers | Treasurer | $0 | $0 | N/A |
| Stacy Wedemeyer | President | $0 | $0 | N/A |
| Kate Kading | Director | $0 | $0 | N/A |
| Whitney Miller | Director | $0 | $0 | N/A |
| Mark Earhart | Vice President | $0 | $0 | N/A |
Total Giving
$22K
Total Assets
$3K
Fair Market Value
$3K
Net Worth
$3K
Grants Paid
$22K
Contributions
$7K
Net Investment Income
N/A
Distribution Amount
$297
Total Grants
6
Total Giving
$45K
Average Grant
$8K
Median Grant
$500
Unique Recipients
5
Most Common Grant
$22K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| 5 X 80 Glof ClubRenovation of public area on Golf Course | Menlo, IA | $22K | 2022 |
| Peyton FroehlichEducation | Casey, IA | $500 | 2021 |
| Kate CrawfordEducation | Adair, IA | $500 | 2021 |
| Grace MarksScholarship to attend Grand View College | Stuart, IA | $325 | 2020 |
| Ben KingeryScholarship to attend NorthWestern College | Casey, IA | $325 | 2020 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA