Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Mcleod Charitable Foundation Inc. is a private corporation based in MARION, IA. The foundation received its IRS ruling in 1989. It holds total assets of $2.1M. Annual income is reported at $843K. Total assets have grown from $1M in 2011 to $1.5M in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Iowa and Ohio. According to available records, Mcleod Charitable Foundation Inc. has made 32 grants totaling $283K, with a median grant of $5K. Annual giving has decreased from $37K in 2020 to $27K in 2023. Grantmaking activity was highest in 2022 with $149K distributed across 16 grants. Individual grants have ranged from $450 to $50K, with an average award of $9K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in Iowa and Ohio. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$20K
Based on 5 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.
Mcleod Charitable Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in IA, OH.
Mcleod Charitable Foundation Inc. has distributed a total of $283K across 32 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $450 to $50K.
Geographical area - primary eastern iowa.
Mcleod Charitable Foundation Inc. is headquartered in MARION, IA. While based in IA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Clark E Mcleod | President | $0 | $0 | N/A |
| Mary E Mcleod | Treasurer | $0 | $0 | N/A |
| Steve Knapp | Foundation Mgr. | $0 | $0 | N/A |
Total Giving
$35K
Total Assets
$1.5M
Fair Market Value
$1.5M
Net Worth
$1.5M
Grants Paid
$27K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
$68K
Total: N/A
Total Grants
32
Total Giving
$283K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyGeneral Purpose | Iowa City, IA | $10K | 2023 |
| Mercy FoundationGeneral Purposes | Cedar Rapids, IA | $5K | 2023 |
| Matthew 25GENERAL PURPOSES | Cedar Rapids, IA | $5K | 2020 |
| Boys And Girls Club Of Cedar RapidsGENERAL PURPOSES | Cedar Rapids, IA | $5K | 2023 |
| Marion Public LibraryGeneral Purposes | Marion, IA | $5K | 2023 |
| Iowa Natural Heritage FoundationGENERAL PURPOSES | Des Moines, IA | $2K | 2023 |
| Monarch Research ProjectGENERAL PURPOSES | Cedar Rapids, IA | $50K | 2022 |
| Indian Creek Nature CenterGENERAL PURPOSES | Cedar Rapids, IA | $5K | 2022 |
| Friends Of NoelridgeGENERAL PURPOSES | Cedar Rapids, IA | $3K | 2022 |
| The Leukemia & Lymphoma SocietyGENERAL PURPOSES | West Des Moines, IA | $1K | 2022 |
| Iowa Womens FoundationGENERAL PURPOSES | Coralville, IA | $450 | 2022 |
| Cedar Rapids Museum Of ArtGeneral Purposes | Cedar Rapids, IA | $5K | 2021 |
| Alzheimers AssociationGENERAL PURPOSES | West Des Moines, IA | $3K | 2021 |
| Healthnetwork FoundationGENERAL PURPOSES | Chagrin Falls, OH | $5K | 2020 |