Greater Jefferson County Foundation

Tax-deductible

Fairfield, IA501(c)(3)Foundations & GrantmakersEIN 51-0172078Revenue $703K in FY2025

On file with the IRSgreaterjeffersoncountyfoundation.orgPo Box 1325, 52556-0023 · Fairfield, IATax-exempt since Aug 1977Publicly supported charity — 170(b)(1)(A)(vi)

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The Greater Jefferson County Foundation receives, accepts and distributes funds for educational, cultural, civic and charitable purposes for the benefit of the Greater community of Jefferson County, iowa.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Run by 14 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $361K a year · 34% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
19 mo
of spending, in cash
Looks good: 19.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $30K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$20K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$703K
-24% vs prior year
Spent
$712K
To programs
88%
Net assets
$7.3M
By yearFY2021–FY2025
Revenue
$703K
FY2025▼ -24%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.9M
FY2022$1.4M
FY2023$373K
FY2024$925K
FY2025$703K
Expenses
$712K
FY2025▼ -41%
Tap a bar for its year
Expenses by fiscal year
FY2021$604K
FY2022$526K
FY2023$529K
FY2024$1.2M
FY2025$712K
Net assets
$7.3M
FY2025▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2021$7.4M
FY2022$7.8M
FY2023$6.9M
FY2024$7.4M
FY2025$7.3M

From the FY2025 Form 990 (year ending March 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1977.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $624K Management & general 12% · $88K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice-Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Greater Jefferson County Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Distributes grants and scholarships to support educational, cultural, civic, and charitable projects that benefit the residents of Jefferson County, Iowa.

Provided by the organization

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2 programs · $624K · in their own filed words · FY2024
01

Community improvement through grants of assistance to qualified community non-profit organizations. Thirty-six organizations benefitted from grants during the year.

$480Kprogram expense
02

Community improvements through administration and distribution of scholarship funds to individual students in jefferson county iowa. Scholarships were awarded to thirty-eight recipients.

$145Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$30K
Grants paid · 92 grants · $3.0M · 2020–2024
Unitemized GrantFY2024$144,721
Greater Jefferson County FairFY2024$62,913
Jefferson County Kids INCIA · FY2024$50,000
Jefferson County EmsFY2024$21,000
Fairfield Colab INCIA · FY2024$20,000
Fair Field ProductionsIA · FY2024$19,925
Camp Courageous of IowaIA · FY2024$19,359
Fairfield Community School DistrictFY2024$11,900
Food Bank of IowaIA · FY2024$7,500
Round Prairie TrusteesFY2024$7,000
Pekin Community School DistrictFY2024$6,450
See all 92 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$703K
Ln 12
Investment incomeLn 3$423K
Gifts and grantsLn 1h$278K
Other incomeLn 4–11$2K
Money outPt IX
$712K
Ln 25
Programscol B$624K
Managementcol C$88K
Owns and owesPt X
$7.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$7.3M
LiabilitiesLn 26$20K
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$278K
Government grantsLn 1e$159K
Investment incomeLn 3$423K
Other incomeLn 4–11$2K
Gains on assetsLn 7−$44K
Total revenueLn 12$703K
Assets in detailPt X, end of year
CashLn 1$285K
SavingsLn 2$846K
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$6.1M
Total assetsLn 16$7.3M
LiabilitiesLn 26$20K
Net assetsLn 32$7.3M
OperationsPt I, VI
EmployeesI 51
VolunteersI 614
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.3M$1.1M
InvestmentsLn 11–13$6.0M$6.1M
Total assetsLn 16$7.4M$7.3M
LiabilitiesLn 26$303$20K
Net assetsLn 32$7.4M$7.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$480K$480K
Grants to domestic individualsLn 2$145K$145K
Other salaries and wagesLn 7$8K$8K
Payroll taxesLn 10$630$630
Accounting feesLn 11c$20K$20K
Investment management feesLn 11f$46K$46K
Advertising and promotionLn 12$1K$1K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$8K$8K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$712K$624K$88K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $703K$712K−$10K$7.3M 990 PDF
FY2024 $925K$1.2M−$275K$7.4M 990 PDF
FY2023 $373K$529K−$156K$6.9M 990 PDF
FY2022 $1.4M$526K$910K$7.8M 990 PDF
FY2021 $1.9M$604K$1.3M$7.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $702,846 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $669,544$277,628
I-9 Program service revenue$0
I-10 Investment incomePrior year $253,974$423,300
I-11 Other revenuePrior year $1,885$1,918
I-12 Total revenuePrior year $925,403$702,846
I-13 Grants and similar amounts paidPrior year $1,131,563$624,360
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $9,026$8,871
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $59,840$79,234
I-18 Total expensesPrior year $1,200,429$712,465
I-19 Revenue less expensesPrior year −$275,026−$9,619
Part VI · Governance 15 of 15 board members independent, 3 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $702,846 across 8 lines filed
VIII-1d Related organizations$30,000
VIII-1e Government grants$158,751
VIII-1f All other contributions, gifts and grants$88,877
VIII-1h Total contributions, gifts and grants$277,628
VIII-3 Investment incomeExcluded from tax $467,776$467,776
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$44,476−$44,476
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,918$1,918
VIII-12 Total revenueRelated to mission $1,918 · Excluded from tax $423,300$702,846
Part IX · Statement of functional expenses $712,465 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $479,639$479,639
IX-2 Grants to domestic individualsPrograms $144,721$144,721
IX-7 Other salaries and wagesManagement $8,241$8,241
IX-10 Payroll taxesManagement $630$630
IX-11c Accounting feesManagement $20,160$20,160
IX-11f Investment management feesManagement $46,260$46,260
IX-12 Advertising and promotionManagement $1,332$1,332
IX-23 InsuranceManagement $2,478$2,478
IX-24 Other expenses (24a–d)Management $8,003$8,003
IX-24e All other expensesManagement $1,001$1,001
IX-25 Total functional expensesPrograms $624,360 · Management $88,105 · Fundraising $0$712,465
Part X · Balance sheet $7,349,485 assets, 9 lines filed
Asset lines not itemized here account for $120,052; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $263,262$285,439
X-2 Savings and temporary cash investmentsStart of year $1,006,223$845,737
X-11 Publicly traded securitiesStart of year $6,040,499$6,098,257
X-16 Total assetsStart of year $7,430,751$7,349,485
X-18 Grants payable$19,359
X-25 Other liabilitiesStart of year $303$237
X-26 Total liabilitiesStart of year $303$19,596
X-32 Total net assets or fund balancesStart of year $7,430,448$7,329,889
X-33 Total liabilities and net assetsStart of year $7,430,751$7,349,485
Part XI · Reconciliation of net assets $7,329,889 net assets at year end
XI-1 Total revenue$702,846
XI-2 Total expenses$712,465
XI-3 Revenue less expenses−$9,619
XI-4 Net assets at start of year$7,430,448
XI-5 Net unrealized gains (losses) on investments−$90,940
XI-10 Net assets at end of year$7,329,889

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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