Adler Schermer Foundation
The Adler Schermer Foundation is a private family foundation established in 1992 in Colorado. The foundation is a 501(c)(3) organization designated for religious, educational, charitable, scientific, literary, and other qualifying philanthropic purposes. The foundation maintains offices in both Davenport, Iowa and Tucson, Arizona.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.5M
+3.1% YoY
Annual Giving
$445K
-20.3% YoY
Grant Count
4
-80.0% YoY
Avg Grant Size
$111K
+298.3% YoY
Mission & Focus Areas
The foundation's grant-making priorities focus on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Science and STEM Education
- Arts
Grantmaking
Ready to take the next step with Adler Schermer Foundation?
Geographic Focus
Where this funder awards grants
The foundation's grant-making activities are concentrated in:
- Iowa
- Illinois
- Colorado
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $4,536,334
- Total Giving: $445,000
- Revenue: -$2,377,933
- Expenses: $485,889
- Net Assets: $4,536,334
- Total Liabilities: $0
Tax-Exempt Status: The foundation has been tax-exempt since March 1993.
EIN: 84-1210699
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,536,334 | $4,398,911 | $4,565,216 |
| Revenue | $-2,377,933 | $205,663 | $79,551 |
| Expenses | $485,889 | $595,315 | $217,324 |
| Qualifying Distributions | $448,172 | $565,796 | $176,673 |
| Net Investment Income | $87,721 | $178,144 | $78,708 |
| Distributable Amount | $221,914 | $210,115 | $252,883 |
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
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Gregory P. Schermer serves as President of related organizations under the foundation's structure.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LLOYD G SCHERMER | DIRECTOR | 1 | — |
| GRANT SCHERMER | DIRECTOR | 1 | — |
| GREG SCHERMER | DIRECTOR | 1 | — |
Related Funders
Similar funders by location and focus area
Main Street Fort Dodge Inc
FORT DODGE, IA
Assets
$315K
Grants
1
Total Given
$25K
John & Beverly Anderson Charitable Trust
VINTON, IA
Assets
—
Grants
18
Total Given
$22K
Barbara Jean Couturier Charitable T
DAVENPORT, IA
Assets
—
Grants
0
Total Given
—
The Joseph Andres Family Foundation
OKOBOJI, IA
Assets
—
Grants
6
Total Given
$7K
Lohse Family Foundation
BONDURANT, IA
Assets
—
Grants
2
Total Given
$400K
Vande Brake Family Foundation
ORANGE CITY, IA
Assets
$172K
Grants
6
Total Given
$47K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Adler Schermer Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities