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Also known as: FOUNDATION
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Jerome And Marlyce Koskovich Foundation is a private corporation based in ROCHESTER, MN. The foundation received its IRS ruling in 2005. The principal officer is Jerome Koskovich. It holds total assets of $1.7M. Annual income is reported at $230K. Total assets have decreased from $3.8M in 2011 to $1.5M in 2022. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Funding is distributed across 5 states, including Minnesota, Florida, Montana. According to available records, Jerome And Marlyce Koskovich Foundation has made 37 grants totaling $893K, with a median grant of $5K. The foundation has distributed between $264K and $348K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $348K distributed across 12 grants. Individual grants have ranged from N/A to $100K, with an average award of $24K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in Kansas, Minnesota, Montana, which account for 81% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$18K
Average Grant
$19K
Largest Grant
$50K
Based on 8 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Jerome And Marlyce Koskovich Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in KS, MN, MT.
Jerome And Marlyce Koskovich Foundation has distributed a total of $893K across 37 grants. The median grant size is $5K, with an average of $24K. Individual grants have ranged from N/A to $100K.
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Jerome And Marlyce Koskovich Foundation is headquartered in ROCHESTER, MN. While based in MN, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jim Mckeon | DIRECTOR | $0 | $0 | N/A |
| Trudy Barsness | DIRECTOR | $0 | $0 | N/A |
| Clancy Craven | DIRECTOR | $0 | $0 | N/A |
| Roger Barsness | SECRETARY | $0 | $0 | N/A |
| Anne Wiekamp Leth | TREASURER | $0 | $0 | N/A |
| Jerome Koskovich | PRESIDENT | $0 | $0 | N/A |
Total Giving
$287K
Total Assets
$1.5M
Fair Market Value
$1.5M
Net Worth
$1.5M
Grants Paid
$282K
Contributions
$200K
Net Investment Income
$18K
Distribution Amount
$100K
Total: $604K
Total Grants
37
Total Giving
$893K
Average Grant
$24K
Median Grant
$5K
Unique Recipients
20
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Covenant HouseGENERAL SUPPORT | New York, NY | $1K | 2021 |
| Soaring EagleGENERAL SUPPORT | Billings, MT | $100 | 2021 |
| Central Baptist Theological SeminaryGENERAL SUPPORT | Shawnee, KS | $100K | 2023 |
| Yellowstone Christian CollegeGENERAL SUPPORT | Billings, MT | $50K | 2023 |
| Calvary Baptist ChurchGENERAL OPERATIONS | Rochester, MN | $39K | 2023 |
| Shepards Canyon RetreatGENERAL SUPPORT | Phoenix, AZ | $25K | 2023 |
| The Masters University & SeminaryGENERAL SUPPORT | Sun Valley, CA | $25K | 2023 |
| Red Lodge AllianceGENERAL SUPPORT | Red Lodge, MT | $13K | 2023 |
| Ironwood Springs Christian RanchCAMP SUPPORT | Stewartville, MN | $10K | 2023 |
| Crossroads MinistriesGENERAL SUPPORT | Maplewood, MN | $5K | 2023 |
| Global HorizansGENERAL SUPPORT | Eagan, MN | $5K | 2023 |
| Regular Baptist MinistriesGENERAL SUPPORT | Elgin, IL | $5K | 2023 |
| Food For His ChildrenMISSION WORK | Burnsville, MN | $5K | 2023 |
| Global Horizons IncGENERAL SUPPORT | Eagan, MN | $5K | 2022 |
| Vfw Post 8980GENERAL SUPPORT | Stewartville, MN | $50K | 2021 |
| Lost & Found Christian ChurchGENERAL SUPPORT | Pompano Beach, FL | $10K | 2021 |
| Baptist College Of MinistryGENERAL SUPPORT | Menomonee Falls, WI | $5K | 2021 |
| Red Lodge Community FoundationGENERAL SUPPORT | Red Lodge, MT | $1K | 2021 |
| St Labre Indian SchoolGENERAL SUPPORT | Ashland, MT | $250 | 2021 |
| Autistic Children Of AmericaGENERAL SUPPORT | Schererville, IN | N/A | 2021 |