Greater Jefferson County Foundation FY2021 filing

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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.
91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
5 mo
of spending, in cash
Plus $7.0M in investments, Pt X · Ln 11–13
Looks good: 5.2 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
$189
<0.01% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
Spent
$604K
To programs
91%
Net assets
$7.4M
By yearFY2021–FY2025
Revenue
$1.9M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$1.9M
FY2022$1.4M
FY2023$373K
FY2024$925K
FY2025$703K
Expenses
$604K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$604K
FY2022$526K
FY2023$529K
FY2024$1.2M
FY2025$712K
Net assets
$7.4M
FY2021
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 FY2021 Form 990 (year ending March 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

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

91 cents of each dollar spent went to programs.

Program services 91% · $547K Management & general 9% · $57K

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

14 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Greater Jefferson County Foundation executive salaries →

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.

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2 programs · $547K · in their own filed words · FY2020
01

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

$446Kprogram expense
02

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

$101Kprogram 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 FY2021 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Gifts and grantsLn 1h$1.6M
Investment incomeLn 3$366K
Other incomeLn 4–11$4K
Money outPt IX
$604K
Ln 25
Programscol B$547K
Managementcol C$57K
Owns and owesPt X
$7.4M
net assets · Ln 32
Cash and savingsLn 1–2$262K
Total assetsLn 16$7.4M
LiabilitiesLn 26$189
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Government grantsLn 1e$109K
Investment incomeLn 3$366K
Other incomeLn 4–11$4K
Gains on assetsLn 7$54K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$215K
SavingsLn 2$47K
Cash and savings togetherLn 1–2$262K
Notes and loans receivableLn 7$80K
Land, buildings, equipmentLn 10c$60K
InvestmentsLn 11–13$7.0M
Total assetsLn 16$7.4M
LiabilitiesLn 26$189
Net assetsLn 32$7.4M
OperationsPt I, VI
EmployeesI 51
VolunteersI 614
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$30K
Share of the $844K endowmentSch D 1g3.6%
EndowmentSch D · Pt V
LineFY21FY20FY19FY18FY17
End of yearLn 1g$844K$623K$591K$579K$533K
Given inLn 1b$180K$243K$154K$149K$248K
SpentLn 1d–1f$175K$158K$153K$141K$129K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$339K$262K
InvestmentsLn 11–13$4.1M$7.0M
Land, buildings, equipmentLn 10c$60K$60K
Total assetsLn 16$4.6M$7.4M
LiabilitiesLn 26$201$189
Net assetsLn 32$4.6M$7.4M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$446K$446K
Grants to domestic individualsLn 2$101K$101K
Other salaries and wagesLn 7$6K$6K
Payroll taxesLn 10$475$475
Accounting feesLn 11c$11K$11K
Investment management feesLn 11f$30K$30K
Advertising and promotionLn 12$4K$4K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$3K$3K
All other expensesLn 24e$81$81
Total functional expensesLn 25$604K$547K$57K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 12, 2026 $703K$712K−$10K$7.3M 990 PDF
FY2024Filed with the IRS Aug 7, 2024 $925K$1.2M−$275K$7.4M 990 PDF
FY2023Filed with the IRS Sep 25, 2023 $373K$529K−$156K$6.9M 990 PDF
FY2022Filed with the IRS Sep 22, 2022 $1.4M$526K$910K$7.8M 990 PDF
FY2021 ViewingFiled with the IRS Dec 9, 2021 $1.9M$604K$1.3M$7.4M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $1,941,081 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $675,637$1,571,090
I-9 Program service revenue$0
I-10 Investment incomePrior year $403,285$366,055
I-11 Other revenuePrior year $3,479$3,936
I-12 Total revenuePrior year $1,082,401$1,941,081
I-13 Grants and similar amounts paidPrior year $660,228$547,292
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $7,243$6,684
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $48,912$50,303
I-18 Total expensesPrior year $716,383$604,279
I-19 Revenue less expensesPrior year $366,018$1,336,802
Part VI · Governance 14 of 14 board members independent, 3 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
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 $1,941,081 across 8 lines filed
VIII-1d Related organizations$30,000
VIII-1e Government grants$108,610
VIII-1f All other contributions, gifts and grants$1,432,480
VIII-1h Total contributions, gifts and grants$1,571,090
VIII-3 Investment incomeExcluded from tax $312,020$312,020
VIII-7 Net gain or loss on sales of assetsExcluded from tax $54,035$54,035
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,936$3,936
VIII-12 Total revenueRelated to mission $3,936 · Excluded from tax $366,055$1,941,081
Part IX · Statement of functional expenses $604,279 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $446,242$446,242
IX-2 Grants to domestic individualsPrograms $101,050$101,050
IX-7 Other salaries and wagesManagement $6,209$6,209
IX-10 Payroll taxesManagement $475$475
IX-11c Accounting feesManagement $10,854$10,854
IX-11f Investment management feesManagement $30,476$30,476
IX-12 Advertising and promotionManagement $3,548$3,548
IX-23 InsuranceManagement $2,005$2,005
IX-24 Other expenses (24a–d)Management $3,339$3,339
IX-24e All other expensesManagement $81$81
IX-25 Total functional expensesPrograms $547,292 · Management $56,987 · Fundraising $0$604,279
Part X · Balance sheet $7,400,106 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $67,450$214,916
X-2 Savings and temporary cash investmentsStart of year $272,023$46,691
X-7 Notes and loans receivableStart of year $105,468$79,926
X-10c Land, buildings and equipment, netStart of year $60,000$60,000
X-11 Publicly traded securitiesStart of year $4,079,945$6,998,573
X-16 Total assetsStart of year $4,584,886$7,400,106
X-25 Other liabilitiesStart of year $201$189
X-26 Total liabilitiesStart of year $201$189
X-31 Retained earnings or endowmentStart of year $4,584,685$7,399,917
X-32 Total net assets or fund balancesStart of year $4,584,685$7,399,917
X-33 Total liabilities and net assetsStart of year $4,584,886$7,400,106
Part XI · Reconciliation of net assets $7,399,917 net assets at year end
XI-1 Total revenue$1,941,081
XI-2 Total expenses$604,279
XI-3 Revenue less expenses$1,336,802
XI-4 Net assets at start of year$4,584,685
XI-5 Net unrealized gains (losses) on investments$1,478,430
XI-10 Net assets at end of year$7,399,917

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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