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Molony Foundation is a private corporation based in BERNARD, IA. The foundation received its IRS ruling in 2016. The principal officer is Anatasia Molony. It holds total assets of $5.8M. Annual income is reported at $1.2M. Total assets have grown from $102K in 2015 to $5.4M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Iowa. According to available records, Molony Foundation has made 67 grants totaling $261K, with a median grant of $3K. Annual giving has grown from $19K in 2020 to $198K in 2022. Individual grants have ranged from $275 to $23K, with an average award of $4K. The foundation has supported 35 unique organizations. The foundation primarily supports organizations in Iowa, Wisconsin, Missouri, which account for 94% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$390
Median Grant
$1K
Average Grant
$2K
Largest Grant
$5K
Based on 10 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.
Molony Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 67 grants. Its grantmaking reaches organizations primarily in IA, WI, MO.
Molony Foundation has distributed a total of $261K across 67 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $275 to $23K.
The application deadline is SEE APPLICATION FORMS. 1) nursing scholarships were established to support local individuals interested in pursuing a career in nursing. Two $2,500 scholarships will be awarded. 2) scholarships are available to 4-h club members in dubuque county, iowa who are seniors in high school and plan to attend a two-year or four-year college or university following graduation. Two $1,000 scholarships will be awarded.
Molony Foundation is headquartered in BERNARD, IA. While based in IA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anastasia Molony-Klimek | PRESIDENT/TREASURER/DIRECTOR | $84K | $0 | $84K |
| David Klimek | VICE-PRESIDENT/DIRECTOR | $7K | $0 | $7K |
| Jeffrey S Billings | SECRETARY/DIRECTOR | $0 | $0 | N/A |
Total Giving
$340K
Total Assets
$5.4M
Fair Market Value
$5.4M
Net Worth
$5.4M
Grants Paid
$104K
Contributions
$362K
Net Investment Income
$23K
Distribution Amount
$258K
Total: $760K
Total Grants
67
Total Giving
$261K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
35
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Patrick'S Catholic ChurchCHARITABLE | Bernard, IA | $9K | 2022 |
| American Cancer SocietyCHARITABLE | Hagerstown, MD | $500 | 2022 |
| Resources UniteCHARITABLE | Dubuque, IA | $23K | 2022 |
| Divine Word College SeminaryCHARITABLE | Epworth, IA | $10K | 2022 |
| Maquoketa Community Cupboard IncCHARITABLE | Maquoketa, IA | $6K | 2022 |
| Community Solutions Of Eastern IowaCHARITABLE | Dubuque, IA | $5K | 2022 |
| Research For The KidsCHARITABLE | Dubuque, IA | $5K | 2022 |
| St Matthias Catholic Parish Church Food PantryCHARITABLE | Cascade, IA | $5K | 2022 |
| Opening DoorsCHARITABLE | Dubuque, IA | $5K | 2022 |
| Presentation LanternCHARITABLE | Dubuque, IA | $5K | 2022 |
| Farley Elementary SchoolCHARITABLE | Farley, IA | $4K | 2022 |
| Erin KnipperCOLLEGE SCHOLARSHIP FOR ATTENDING MOUNT MERCY UNIVERSITY | Cascade, IA | $3K | 2022 |
| Iowa Pbs FoundationCHARITABLE | Johnston, IA | $3K | 2022 |
| Jamie KruseCOLLEGE SCHOLARSHIP FOR ATTENDING IOWA STATE UNIVERSITY | Farley, IA | $3K | 2022 |
| Kalynn VosbergCOLLEGE SCHOLARSHIP FOR ATTENDING NORTHEAST IOWA COMMUNITY COLLEGE | Potosi, WI | $3K | 2022 |
| Avery FoundationCHARITABLE | Dubuque, IA | $3K | 2022 |
| Callie LynchCOLLEGE SCHOLARSHIP FOR ATTENDING ST AMBROSE UNIVERSITY | Cascade, IA | $3K | 2022 |
| New Melleray Abbey MonasteryCHARITABLE | Peosta, IA | $2K | 2022 |
| Our Lady Of The Mississippi AbbeyCHARITABLE | Dubuque, IA | $2K | 2022 |
| Jada MerrickCOLLEGE SCHOLARSHIP FOR ATTENDING NORTHEAST IOWA COMMUNITY COLLEGE | Maquoketa, IA | $1K | 2022 |
| Dream IowaCHARITABLE | Des Moines, IA | $1K | 2022 |
| Bernard Fire DepartmentCHARITABLE | Bernard, IA | $1K | 2022 |
| Siteman Cancer Center (Washington University In St Louis)CHARITABLE | St Louis, MO | $500 | 2022 |
| Isd 701 Hibbing Community EducationCHARITABLE | Hibbing, MN | $275 | 2022 |
| Dubuque Dream CenterCHARITABLE | Dubuque, IA | $10K | 2021 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA