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Principal Financial Group Foundation Inc. is a private corporation based in DES MOINES, IA. The foundation received its IRS ruling in 1988. It holds total assets of $204.1M. Annual income is reported at $7.7M. According to available records, Principal Financial Group Foundation Inc. has made 7 grants totaling $83.9M, with a median grant of $10.4M. The foundation has distributed between $15M and $30.9M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $30.9M distributed across 2 grants. Individual grants have ranged from $8.6M to $15.4M, with an average award of $12M. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Principal Financial Group Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in IA.
Principal Financial Group Foundation Inc. has distributed a total of $83.9M across 7 grants. The median grant size is $10.4M, with an average of $12M. Individual grants have ranged from $8.6M to $15.4M.
The application deadline is See Schedule E. See Schedule E.
Principal Financial Group Foundation Inc. is headquartered in DES MOINES, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| See Schedule C | Various | $88K | $0 | $88K |
Total Giving
$17.6M
Total Assets
$189.6M
Fair Market Value
$200.4M
Net Worth
$189.4M
Grants Paid
$15M
Contributions
$0
Net Investment Income
$8.1M
Distribution Amount
$9.5M
Total: $0
Total Grants
7
Total Giving
$83.9M
Average Grant
$12M
Median Grant
$10.4M
Unique Recipients
1
Most Common Grant
$8.6M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Schedule FVarious | Various, IA | $15M | 2023 |
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