Farrer Endowment Foundation

MASON CITY, IA EIN: 42-1214699

The Farrer Endowment Foundation is a private foundation based in Mason City, Iowa, established in 1984. The foundation operates as a 501(c)(3) organization and serves as a grantmaking entity focused on supporting community initiatives within Iowa.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$306K

-5.3% YoY

Grant Count

37

-7.5% YoY

Avg Grant Size

$8K

+2.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities emphasize youth services and public libraries. Primary funding focus areas include:

  • Education
  • Human Services
  • Community improvement
  • Youth development
  • Recreation and swimming programs
  • Emergency services support
  • Cancer research and oncology
  • Scholarships

Grantmaking

Grant Range

s & Activity:**

Average Grant

amount: $15,000 (varies by program)

Review Cycle

January–April 30 (annually)

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Iowa, with particular emphasis on Cerro Gordo County and the Mason City area.

Grant Distribution by State

1states

States

Iowa

Cities

BRITTCEDAR RAPIDSCHARLES CITYCLARKSVILLECLEAR LAKECORWITHDES MOINESFOREST CITYFORT DODGEGARNERKENSETTKLEMMEMANLYMASON CITYNORTHWOODOSAGEROCKWELLRUDDSAWLEDALESHEFFIELD

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $5,739,516
  • Total Giving: $305,900–$310,208 (most recent year)
  • Total Revenue: $527,009
  • Total Expenses: $318,635
  • Number of Employees: 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Giving Over Time

Total grant dollars and number of grants per year

$0$89K$177K$266K$354K47 grants201943 grants202041 grants202137 grants202240 grants202337 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

YOUTH AND SHELTER SERVICES$40KNORTH IOWA COMMUNITY ACT…$30KMERCY MEDICAL CENTER FDN$30KNIACC FOUNDATION$25K43 NORTH IOWA$15KROCKWELL SWALEDALE EMT T…$10KTLC BROADCASTING CORRPOR…$10KCOLTS DAYCARE CTR$10KONE VISION$10KNORTHERN LIGHTS$10K

Grant Size Distribution

198 grants across all recorded years

198<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Youth and Shelter Services ($40,000), North Iowa Community Action ($30,000), Mercy Medical Center Fdn ($30,000).

RecipientPurposeAmount
COMMUNITY KITCHEN N I MASON CITY, IASUPPLIESFOOD$8,000
MEALS ON WHEELS MASON CITY, IASLIDING FEESCALE PROJECT$5,000
YOUTH AND SHELTER SERVICES MASON CITY, IACONTINUING EDUCATIONSTAFF DEVELOPMENT$40,000
NIACC FOUNDATION MASON CITY, IACONSTRUCTION FOR LAB FACILITIESFARRER SCHOLARSHIP$25,000
NIAD CENTER FOR HUMAN DEV MASON CITY, IASUPPORT TRAVEL EXPENSES$8,000
NORTH IOWA COMMUNITY ACTION MASON CITY, IASUPPORT SELFSUFFICIENCY PROGRAM$30,000
LUTHERAN SERVICES IN IOWA INC DES MOINES, IASUPPORT EARLYCHILDHOODPROGRAM$5,000
MASON CITY PUBLIC LIBRARY FDN MASON CITY, IAMATERIALS FORFOR YOUTH SERVICESPROGRAM DEPT$2,000
CENTRAL GARDENS OF NORTH IOWA INC CLEAR LAKE, IAFUNDING GROUNDS KEEPER$5,000
CARING PREGNANCY CENTER INC MASON CITY, IABABY ITEMS BABY BUCKSPROGRAM$7,500

Leadership & Key People

Leadership team and compensation from IRS filings

  • Collin Davison – President (7 hours/week)
  • Frank B. Inghram – Vice President & Treasurer (12 hours/week)
  • Gerald M. Stambaugh – Secretary (7 hours/week)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
COLLIN DAVISONPRESIDENT7—
FRANK B INGHRAMV-P, TREASURER12—
GERALD M STAMBAUGHSECY7—

Frequently Asked Questions

What does Farrer Endowment Foundation fund?

The foundation's giving priorities emphasize youth services and public libraries. Primary funding focus areas include: • Education • Human Services • Community improvement • Youth development • Recreation and swimming programs • Emergency services support • Cancer research and oncology • Scholarships

How do I apply for a grant from Farrer Endowment Foundation?

**Grant Sizes & Activity:** • Typical grant range: $500–$40,000 • Median grant amount: $5,000 • Average grant amount: $15,000 (varies by program) • Total giving: $305,900–$310,208 (most recent year) • Grants awarded: 101 (most recent year) • Giving rate: 5.5% **Recent Grant Programs:** • Scholarship Funding: $3,750 average (2 recipients, last awarded 2024) • Upgrade Radiation Treatment Devices: $30,000 average (1 recipient, last awarded 2024) • Updating High and Low Ropes Challenge: $8,500 aver…

Where does Farrer Endowment Foundation make grants?

The foundation primarily funds organizations in Iowa, with particular emphasis on Cerro Gordo County and the Mason City area.

What size grants does Farrer Endowment Foundation award?

In 2024, Farrer Endowment Foundation awarded 37 grants totaling $306K — an average of about $8K per grant, based on its IRS Form 990 filings.

What is Farrer Endowment Foundation's EIN?

Farrer Endowment Foundation's EIN (Employer Identification Number) is 42-1214699. IRS Form 990 filing data is available on this page for 2019–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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