Open Foundations · Iowa

R J Mcelroy Trust

Waterloo, Iowa · EIN 426173496. Its Form 990-PF says giving is not restricted to organizations picked in advance, which is how a private foundation files that it accepts unsolicited requests. It paid $2.1M across 93 grants in 2024, a median of $5K each.

All Iowa foundations · All states

$2.1M
paid in 2024
93
grants paid
$5K
median grant
13%
to first-time recipients
$39.7M
assets on file

How to apply, as filed

Straight off Part XV of the return. Where the foundation left a line blank, this says so rather than guessing.

Send requests to
MEGAN MCKENZIE
Address
425 CEDAR ST, WATERLOO, IA, 50701
Phone
3192879102
Email
Not stated in the filing
Form the request should take
GRANT APPLICATIONS ARE FILLED OUT ONLINE THROUGH THEIR WEBSITE AT WWW.MCELROYTRUST.ORG. APPLICATIONS MUST INCLUDE THE PROJECT NAME, PROJECT SUMMARY, START/END DATE, HOW THE GRANT ALIGNS WITH MCELROY'S STRATEGIC MISSION, TYPE OF FUNDING NEEDED, TOTAL COST OF PROJECT, AND HOW MUCH FUNDING IS REQUESTED.
Submission deadline
THE TRUST CONSIDERS GRANT PROPOSALS THROUGHOUT THE YEAR.
Restrictions on awards
EDUCATION PROJECTS - YOUTH IN NORTHEAST IOWA

As filed on the Form 990-PF for tax year 2024, IRS filing object id 202542949349100704. Printed word for word, including the entries that only say to see a website or an attachment.

What it funds, in its own words

The words that come up most often across the purposes it wrote on its 2024 grants. These are the foundation's own words, not a category we assigned.

gold starstar awardfellowship stipend

Biggest grants in 2024

The 15 largest of the 93 grants paid in 2024, with the purpose the foundation wrote for each.

#RecipientStateAmountPurpose as filed
1Waterloo Leisure ServicesIA$615,000PROGRAM/OPERATING SUPPORT
2Waterloo Community SchoolsIA$216,900PROGRAM SUPPORT
3Hawkeye Comm College FoundationIA$160,500SCHOLARSHIPS/PROGRAM SUPPORT
4Uni FoundationIA$140,000PROGRAM SUPPORT
5Youth Art TeamIA$75,000PROGRAM SUPPORT
6YwcaIA$50,500PROGRAM SUPPORT
7Iowa Natural Heritage FoundationIA$50,000PROGRAM SUPPORT
8Leader ValleyIA$50,000PROGRAM SUPPORT
9Nashua Plainfield School DistrictIA$50,000PROGRAM SUPPORT
10RiyoIA$50,000PROGRAM SUPPORT
11Keystone Area Education AgencyIA$32,800PROGRAM SUPPORT
12Grout Museum DistrictIA$30,000PROGRAM SUPPORT
13Junior Achievement of Eastern IaIA$25,000PROGRAM SUPPORT
14Little Knights Learning CenterIA$25,000OPERATING SUPPORT
15One Cedar ValleyIA$25,000PROGRAM SUPPORT

Giving by year, and who received it

Grants paid by year

Every year of this foundation's grants that Civly holds
Tax yearGrantsPaid
20201$1.9M
20211$2.5M
20221$2.2M
2023117$2.6M
202493$2.1M

Where the money went

Share of 2024 grant dollars by recipient state
Iowa97%
California1%
Virginia1%
Oklahoma1%

Who decides

Officers, directors and trustees as filed, with the year of the return they appeared on.

James WaterburyTRUSTEE · 2024
Kathy FlynnTRUSTEE · 2024
Megan MckenzieEXECUTIVE DI · 2024
Michael YoungTRUSTEE · 2024
Raleigh BuckmasterTRUSTEE · 2024
Robert Smith JrTRUSTEE · 2024
Sally HollisTRUSTEE · 2024

Every figure on this page is that foundation's own latest filed year, which is 2022 or later. This foundation is listed because its Form 990-PF says it does not restrict giving to preselected organizations and it paid at least 5 grants totaling $100K or more that year. Latest-year grants and terms per foundation from IRS 990-PF e-file returns; the newest tax year is partial until the IRS finishes releasing it. Grants are de-duplicated on funder, year, recipient and amount, so identical repeat grants collapse into one and totals can run low. Full method.

Source: IRS Form 990-PF e-file releases (public domain). Analysis: Civly.

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