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Shell Rock Community Trust is a private corporation based in SHELL ROCK, IA. The foundation received its IRS ruling in 1993. The principal officer is Bruce Toenjes. It holds total assets of $1.8M. Annual income is reported at $174K. The foundation is governed by 5 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 2020 to 2023. According to available records, Shell Rock Community Trust has made 2 grants totaling $310K, with a median grant of $155K. Annual giving has decreased from $260K in 2020 to $50K in 2021. Individual grants have ranged from $50K to $260K, with an average award of $155K. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
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.
Shell Rock Community Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in IA.
Shell Rock Community Trust has distributed a total of $310K across 2 grants. The median grant size is $155K, with an average of $155K. Individual grants have ranged from $50K to $260K.
Shell Rock Community Trust typically selects its grantees rather than accepting unsolicited proposals.
Shell Rock Community Trust is headquartered in SHELL ROCK, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jim Willson | TRUSTEE | $0 | $0 | N/A |
| Larry Young | PRESIDENT/TR | $0 | $0 | N/A |
| Duane Harms | VP,TREASURER | $0 | $0 | N/A |
| Susanne Deike | SECRETARY/TR | $0 | $0 | N/A |
| Ellen Day | TRUSTEE | $0 | $0 | N/A |
Total Giving
$2K
Total Assets
$1.6M
Fair Market Value
$1.6M
Net Worth
$1.6M
Grants Paid
N/A
Contributions
$10K
Net Investment Income
$48K
Distribution Amount
$71K
Total: $1.3M
Total Grants
2
Total Giving
$310K
Average Grant
$155K
Median Grant
$155K
Unique Recipients
1
Most Common Grant
$50K
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| City Of Shell RockTO SUPPORT THE CITY'S POOL FUND. | Shell Rock, IA | $50K | 2021 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA