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Also known as: C/O US BANK TROY SMITH
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Linge Foundation is a private corporation based in WATERLOO, IA. The foundation received its IRS ruling in 1999. The principal officer is Rsm Mcgladrey Inc.. It holds total assets of $1M. Annual income is reported at $428K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Iowa. According to available records, Linge Foundation has made 38 grants totaling $277K, with a median grant of $4K. Annual giving has decreased from $69K in 2020 to $48K in 2023. Grantmaking activity was highest in 2021 with $80K distributed across 14 grants. Individual grants have ranged from $1K to $25K, with an average award of $7K. The foundation has supported 21 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$6K
Largest Grant
$25K
Based on 11 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.
Linge Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in IA.
Linge Foundation has distributed a total of $277K across 38 grants. The median grant size is $4K, with an average of $7K. Individual grants have ranged from $1K to $25K.
Linge Foundation typically selects its grantees rather than accepting unsolicited proposals.
Linge Foundation is headquartered in WATERLOO, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elizabeth Linge Mcgrath | PRESIDENT | $0 | $0 | N/A |
| C John Linge | SECRETARY | $0 | $0 | N/A |
| Daniel D Linge | TREASURER | $0 | $0 | N/A |
Total Giving
$69K
Total Assets
$1.1M
Fair Market Value
$1.5M
Net Worth
$1.1M
Grants Paid
$48K
Contributions
N/A
Net Investment Income
$86K
Distribution Amount
$68K
Total: $233K
Total Grants
38
Total Giving
$277K
Average Grant
$7K
Median Grant
$4K
Unique Recipients
21
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mercy FoundationMEMORY OF WILLIAM GASWAY | Cedar Rapids, IA | $1K | 2021 |
| St Vincent De PaulGENERAL OPERATING BUDGET | Cedar Rapids, IA | $5K | 2020 |
| House Of HopeGENERAL OPERATING BUDGET | Cedar Rapids, IA | $2K | 2020 |
| Matthew 25GENERAL OPERATING BUDGET | Cedar Rapids, IA | $1K | 2020 |
| Theatre Cedar RapidsCAPITAL CAMPAIGN | Cedar Rapids, IA | $25K | 2023 |
| Quilts Of Valor Foundation Dba Freedom Stitchers Of IowaGENERAL OPERATING SUPPORT | Winterset, IA | $1K | 2023 |
| Tanager PlaceLGBTQ CENTER | Cedar Rapids, IA | $1K | 2023 |
| ConnectcrGENERAL OPERATING BUDGET | Cedar Rapids, IA | $10K | 2022 |
| St Ludmila Catholic ChurchGENERAL OPERATING BUDGET | Cedar Rapids, IA | $5K | 2022 |
| WaypointCAPITAL CAMPAIGN | Cedar Rapids, IA | $25K | 2021 |
| Oak Hill CemeteryGENERAL OPERATING BUDGET | Cedar Rapids, IA | $5K | 2021 |
| Camp TanagerGENERAL OPERATING BUDGET | Mt Vernon, IA | $5K | 2021 |
| The History CenterGENERAL OPERATING BUDGET | Cedar Rapids, IA | $2K | 2021 |
| Young Parents NetworkGENERAL OPERATING BUDGET | Cedar Rapids, IA | $2K | 2021 |
| Foundation 2GENERAL OPERATING BUDGET | Cedar Rapids, IA | $2K | 2021 |
| Habitat For HumanityGENERAL OPERATING BUDGET | Cedar Rapids, IA | $2K | 2021 |
| Indian Creek Nature CenterGENERAL OPERATING BUDGET | Cedar Rapids, IA | $2K | 2021 |
| Linn County Trails AssociationGENERAL OPERATING BUDGET | Cedar Rapids, IA | $1K | 2021 |
| Trees ForeverGENERAL OPERATING BUDGET | Marion, IA | $2K | 2020 |
| Critter Crusaders Of CrGENERAL OPERATING BUDGET | Cedar Rapids, IA | $1K | 2020 |
| Nami Linn CountyGENERAL OPERATING BUDGET | Cedar Rapids, IA | $1K | 2020 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA