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Marion E Jerome Foundation Inc. is a private corporation based in DECORAH, IA. The foundation received its IRS ruling in 2001. It holds total assets of $2.2M. Annual income is reported at $284K. The foundation is governed by 4 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. Grantmaking is concentrated in Iowa. According to available records, Marion E Jerome Foundation Inc. has made 82 grants totaling $549K, with a median grant of $5K. Annual giving has grown from $117K in 2020 to $150K in 2023. Individual grants have ranged from $600 to $33K, with an average award of $7K. The foundation has supported 25 unique organizations. Grants have been distributed to organizations in Iowa and Wisconsin and Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$27K
Based on 21 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.
Marion E Jerome Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 82 grants. Its grantmaking reaches organizations primarily in IA, WI, MN.
Marion E Jerome Foundation Inc. has distributed a total of $549K across 82 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $600 to $33K.
Marion E Jerome Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Marion E Jerome Foundation Inc. is headquartered in DECORAH, IA. While based in IA, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Candace J Arp | PRESIDENT | $0 | $0 | N/A |
| Carolyn E Duranceau | SECRETARY | $0 | $0 | N/A |
| Allison J Elwood | VICE PRESIDENT | $0 | $0 | N/A |
| David G Arp | TREASURER | $0 | $0 | N/A |
Total Giving
$152K
Total Assets
$2.1M
Fair Market Value
$2.6M
Net Worth
$2.1M
Grants Paid
$150K
Contributions
N/A
Net Investment Income
$94K
Distribution Amount
$120K
Total: N/A
Total Grants
82
Total Giving
$549K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
25
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Decorah Dollars For ScholarsOPERATING | Decorah, IA | $33K | 2023 |
| Barron Area Education Foundation IncOPERATING | Barron, WI | $20K | 2023 |
| Iowa 4-H FoundatonOPERATING | Ames, IA | $10K | 2023 |
| University Of Iowa Center For AdvancementOPERATING | Iowa, IA | $10K | 2023 |
| VesterheimOPERATING | Decorah, IA | $10K | 2023 |
| Decorah Community Food PantryOPERATING | Decorah, IA | $10K | 2023 |
| Decorah Public LibraryOPERATING | Decorah, IA | $6K | 2023 |
| Winneskiek County Celebration Of LifeOPERATING | Decorah, IA | $5K | 2023 |
| Helping Services For YouthOPERATING | Decorah, IA | $5K | 2023 |
| Saidiana CongoOPERATING | Minneapolis, MN | $5K | 2023 |
| Winneskiek Medical Center FoundationOPERATING | Decorah, IA | $5K | 2023 |
| Decorah Community Free ClinicOPERATING | Decorah, IA | $5K | 2023 |
| Spectrum IndustriesOPERATING | Decorah, IA | $5K | 2023 |
| South Winneshiek Dollars For ScholarsOPERATING | Calmar, IA | $4K | 2023 |
| Crestwood High School Dollars For ScholarsOPERATING | Cresco, IA | $4K | 2023 |
| Oneota Valley OrchestraOPERATING | Decorah, IA | $3K | 2023 |
| Guardians Of Northeast Iowa IncOPERATING | Calmar, IA | $3K | 2023 |
| Toys Go Round Toy Lending LibraryOPERATING | Decorah, IA | $3K | 2023 |
| ArthausOPERATING | Decorah, IA | $2K | 2023 |
| Northeast Iowa Retired And Senior Volunteer ProgramOPERATING | Decorah, IA | $2K | 2023 |
| Country Winds Manor - Patty Elwood CenterOPERATING | Cresco, IA | $4K | 2022 |
| Iowa Composers ForumOPERATING | Decorah, IA | $600 | 2022 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA