Private foundation (trust)EIN 426173496Est. 1989-10

R J MCELROY TRUST

WATERLOO, IA 50703

Accepts unsolicited proposals

Total Assets

$50.6M

FY 2023

Annual Giving

$2.6M

FY 2023

Grants Made

117

FY 2023

Avg Grant

$22K

FY 2023

Grant Range

$100–$280K

Typical

Deadlines

The trust considers grant proposals th…

Applications

Financial Snapshot

2023 filing

Total Revenue

$1.7M

Total Expenses

$3.5M

Qualifying Distributions

$2.8M

Distributable Amount

$2.4M

Min. Investment Return

$2.4M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

117 grants

Grant sizes from minimum $100 through median $8K to maximum $280K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2020 to 2023. Peak $2.6M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

119 grants

SCHEDULED - ATTACHED
$4.1M
2 grants
UNI FOUNDATION
$280K
1 grant
WATERLOO LEISURE SERVICES
$214K
1 grant
SUNFLOWER CHILD DEVELOPMENT CENTER
$200K
1 grant
SUCCESSLINK
$190K
1 grant
WAVERLY CHILDCARE & PRESCHOOL
$100K
1 grant
BOYS & GIRLS CLUB CEDAR VALLEY
$100K
1 grant
WATERLOO PUBLIC LIBRARY
$91K
1 grant

Grant Size Distribution

119 grants

<$10K
67
grants
$10–50K
38
grants
$50–250K
11
grants
$250K–1M
1
grants
$1–5M
2
grants
$5M+

Geographic Focus

6 states

Iowa
$6.6M
99% of total
Massachusetts
$25K
0% of total
California
$15K
0% of total
Kansas
$15K
0% of total
Virginia
$10K
0% of total
Missouri
$650
0% of total

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R J MCELROY TRUST — Grants, Financials & Contact | Grantivo