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

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

No grants recorded for .

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

Related Funders

Similar funders by location and focus area

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

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