Farrer Endowment Foundation
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
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
198 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| COMMUNITY KITCHEN N I MASON CITY, IA | SUPPLIESFOOD | $8,000 |
| MEALS ON WHEELS MASON CITY, IA | SLIDING FEESCALE PROJECT | $5,000 |
| YOUTH AND SHELTER SERVICES MASON CITY, IA | CONTINUING EDUCATIONSTAFF DEVELOPMENT | $40,000 |
| NIACC FOUNDATION MASON CITY, IA | CONSTRUCTION FOR LAB FACILITIESFARRER SCHOLARSHIP | $25,000 |
| NIAD CENTER FOR HUMAN DEV MASON CITY, IA | SUPPORT TRAVEL EXPENSES | $8,000 |
| NORTH IOWA COMMUNITY ACTION MASON CITY, IA | SUPPORT SELFSUFFICIENCY PROGRAM | $30,000 |
| LUTHERAN SERVICES IN IOWA INC DES MOINES, IA | SUPPORT EARLYCHILDHOODPROGRAM | $5,000 |
| MASON CITY PUBLIC LIBRARY FDN MASON CITY, IA | MATERIALS FORFOR YOUTH SERVICESPROGRAM DEPT | $2,000 |
| CENTRAL GARDENS OF NORTH IOWA INC CLEAR LAKE, IA | FUNDING GROUNDS KEEPER | $5,000 |
| CARING PREGNANCY CENTER INC MASON CITY, IA | BABY 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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| COLLIN DAVISON | PRESIDENT | 7 | — |
| FRANK B INGHRAM | V-P, TREASURER | 12 | — |
| GERALD M STAMBAUGH | SECY | 7 | — |
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.
Explore Open Grants
Browse active grant opportunities in Farrer Endowment Foundation's focus areas in our free grants database
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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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