Aaron J Schurman Charitable Foundation

CEDAR FALLS, IA EIN: 81-0961651

Aaron J Schurman Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CEDAR FALLS, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 4 grants totaling $64K. Net investment income was $81K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+1.9% YoY

Annual Giving

$64K

+100.0% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$16K

+50.0% YoY

Under IRS private-foundation payout rules, Aaron J Schurman Charitable Foundation reported a distributable amount of $58K for 2024 — the minimum it must pay out in qualifying distributions.

About Aaron J Schurman Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Iowa $125K (82%)

Texas $27K (18%)

States

Iowa Texas

Cities

AustinCedar FallsIowa City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2021
Total Assets	$1,121,642	$1,100,619	$847,711
Revenue	$91,977	$290,455	$395,783
Expenses	$70,954	$37,391	$45,571
Qualifying Distributions	$64,000	$32,392	$45,571
Net Investment Income	$81,023	$28,222	$354,892
Distributable Amount	$58,284	$44,706	$40,112

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Prairie Lakes Church ($50,000), Storyline ($12,000), St John Luthern Church ($1,000).

Recipient	Purpose	Amount
PRAIRIE LAKES CHURCH CEDAR FALLS, IA	RELIGIOUS ACTIVITIES	$50,000
STORYLINE AUSTIN, TX	ENCOURAGE READING FOR CHILDREN	$12,000
ST JOHN LUTHERN CHURCH CEDAR FALLS, IA	RELIGIOUS ACTIVITIES	$1,000
ROTARY CLUB OF THE CEDAR FALLS CHARITABLE FOUNDATION CEDAR FALLS, IA	PROVIDE ASSISTANCE TO PRESSING HUMANITARIAN PROJECTS	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
AARON J SCHURMAN	PRESIDENT	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Aaron J Schurman Charitable Foundation?

Aaron J Schurman Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CEDAR FALLS, IA. It holds $1.1M in total assets as of 2024.

How large is Aaron J Schurman Charitable Foundation?

As of 2024, Aaron J Schurman Charitable Foundation holds $1.1M in total assets with $92K in annual revenue. It awarded 4 grants totaling $64K in 2024.

Where does Aaron J Schurman Charitable Foundation operate?

Aaron J Schurman Charitable Foundation has awarded grants in Iowa, Texas.

What size grants does Aaron J Schurman Charitable Foundation award?

In 2024, Aaron J Schurman Charitable Foundation awarded 4 grants totaling $64K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Aaron J Schurman Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Aaron J Schurman Charitable Foundation reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Aaron J Schurman Charitable Foundation's EIN?

Aaron J Schurman Charitable Foundation's EIN (Employer Identification Number) is 81-0961651. IRS Form 990 filing data is available on this page for 2020–2024.