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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. Tax records are available from 2016 to 2023. 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.
| 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