Farrer Endowment Foundation
Farrer Endowment Foundation is a private foundation based in Mason City, Iowa. Its 2025 filing reports grants to Iowa organizations working in areas including community development, youth and family services, self-sufficiency, health care, and recreation.
Farrer Endowment Foundation at a glance
In short: Farrer Endowment Foundation gave $342K across 39 grants in 2025 (avg $9K), mostly in Iowa. 28% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $342,000
- +11.8% vs 2024
- Grants made (2025)
- 39
- +5.4% vs 2024
- Average grant
- $8,769
- +6.1% vs 2024
- Median grant
- $5,000
- Total assets
- $6,000,671
- +4.6% vs 2024
- New grantees (estimate)
- 28% first-time grantees (11 of 39, 2025)
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Farrer Endowment Foundation
- How to Apply
-
Submit a written request in a specific form to the secretary. The filing states there are no restrictions on awards.
- Review Cycle
- January through April 30 each year.
- Deadline
- January through April 30 each year.
- Contact
Application contact: Gerald M Stambaugh Secretary
Mailing address: P O Box 1567, Mason City, IA 50402-1567
Phone: (641) 423-5154
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Farrer Endowment Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Youth and Shelter Services ($30K). Together the top 10 received $199K.
Grant Size Distribution
194 grants across all recorded years
The most common grant size was under $50K: 194 grants of 194 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Iowa.
Grant Distribution by State
Share of 2025 grant dollars across all 39 itemized grants.
States
Cities
Is Farrer Endowment Foundation open to new grantees?
28%
first-time grantees, 2025
In 2025, 11 of 39 grantees (28%) were first-time recipients. First grants averaged $9K; repeat grants $9K. How we count
Medians: $5K first-time, $5K repeat.
- 49% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+19%). Method
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $269K (2019) to $354K (2021). In 2025 it made 39 grants totaling $342K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Youth and Shelter Services Ames, IA | Continuing Educationstaff Development | $30,000 |
| Niacc Foundation Mason City, IA | Construction for Lab Facilitiesfarrer Scholarship | $30,000 |
| North Iowa Community Action Mason City, IA | Support Selfsufficiency Program | $30,000 |
| Clear Lake Development Foundation Clear Lake, IA | Capital Improvements | $30,000 |
| Mercy Medical Center Foundation North Iowa Mason City, IA | Capitalimprovements | $20,000 |
| Mason City Family YMCA Mason City, IA | Pool Upgrades | $15,000 |
| West Fork Community School District Sheffield, IA | Surface and Equipmentfor Playground in Rockwell | $12,000 |
| Northern Lights Alliance for the Homeless Inc Mason City, IA | Operating Funds | $12,000 |
| Elderbridge Agency on Aging Mason City, IA | Clientassistanceprogram | $10,000 |
| 43 North Iowa Mason City, IA | Community Crisisfunding | $10,000 |
Ready to take the next step with Farrer Endowment Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $6,000,671 | $622,374 | $358,019 | $342,000 | 39 | $346,129 | $617,750 | $366,792 |
| 2024 | $5,739,516 | $527,009 | $318,635 | $305,900 | 37 | $310,208 | $522,700 | $340,260 |
| 2023 | $5,531,835 | $171,785 | $331,655 | $323,000 | 40 | $325,982 | $297,364 | $301,086 |
| 2022 | $5,560,454 | $196,670 | $300,734 | $288,200 | 37 | $291,343 | $193,528 | $311,437 |
| 2021 | $5,667,824 | $460,807 | $368,885 | $354,450 | 41 | $354,450 | $449,683 | $341,222 |
| 2020 | $5,572,592 | $172,989 | $302,318 | $281,750 | 43 | — | $237,688 | $299,526 |
| 2019 | $5,617,933 | $194,755 | $289,065 | $269,300 | 47 | — | $302,334 | $294,627 |
Under IRS private-foundation payout rules, Farrer Endowment Foundation reported a distributable amount of $367K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for capital improvements, construction, operating funds, scholarships, and programs such as self-sufficiency and client assistance.
The grantees’ own descriptions illustrate the range of organizations supported. Youth and Shelter Services says it provides prevention, education, treatment, and residential services to youth and families. Elderbridge Agency on Aging describes services that include meals, transportation, case management, and support for independent living. One Vision says it provides services supporting individual choice, purpose, and independence.
Grantmaking
In 2025, the foundation awarded 39 grants totaling $342,000. Grants ranged from $2,000 to $30,000, with a median of $5,000.
Among the largest awards were $30,000 each to Youth and Shelter Services for continuing education and staff development; NIACC Foundation for lab facilities and a scholarship; North Iowa Community Action for its self-sufficiency program; and Clear Lake Development Foundation for capital improvements. Other listed awards included $20,000 to Mercy Medical Center Foundation North Iowa for capital improvements, $15,000 to Mason City Family YMCA for pool upgrades, and $10,000 each to Elderbridge Agency on Aging for a client assistance program and One Vision for a nursing training lab.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Collin Davison as president, Frank B. Inghram as vice president and treasurer, and Gerald M. Stambaugh as secretary.
Farrer Endowment Foundation is led by Collin Davison, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Collin Davison
President
On filings since 2019
7 hrs/week
No compensation reported
Frank B. Inghram
V-P & Treasurer
On filings since 2019
12 hrs/week
No compensation reported
Gerald M. Stambaugh
Secretary
Sec'y → Secretary, 2024
On filings since 2019
7 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Farrer Endowment Foundation
How much does Farrer Endowment Foundation give each year?
Farrer Endowment Foundation gave $342K across 39 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $306K across 37 grants.
What is Farrer Endowment Foundation's typical grant size?
Farrer Endowment Foundation's median grant in 2025 was $5,000, and its average grant was $8,769, across 39 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Farrer Endowment Foundation that year got $9K on average.
Where does Farrer Endowment Foundation give grants?
Farrer Endowment Foundation gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Mason City, IA (26 grants), Clear Lake, IA (3 grants) and Garner, IA (2 grants).
Does Farrer Endowment Foundation give general operating support?
Occasionally: 5% of Farrer Endowment Foundation's 2025 grants with a stated purpose (2 of 39) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Capital Improvements" (4 grants) and "Capitalimprovements" (3 grants).
Who are Farrer Endowment Foundation's largest grantees?
Farrer Endowment Foundation's largest 2025 grantees include Youth and Shelter Services ($30,000), Niacc Foundation ($30,000) and North Iowa Community Action ($30,000), according to its 2025 IRS Form 990-PF. Together they received 26% of its itemized 2025 grant dollars.
How large is Farrer Endowment Foundation?
Farrer Endowment Foundation reported $6.0M in total assets on its 2025 IRS Form 990-PF. It paid out $346K in qualifying distributions that year, against a required minimum of $367K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Farrer Endowment Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for capital improvements, construction, operating funds, scholarships, and programs such as self-sufficiency and client assistance. See mission & focus areas ↑
How do I apply for a grant from Farrer Endowment Foundation?
Submit a written request in a specific form to the secretary. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 22, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 21, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 21, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 21, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 10, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 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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Cite this profile
Grantable. (2026). Farrer Endowment Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/farrer-endowment-foundation-morg_a3688afb2795485d97e49c73051a1fee
BibTeX
@misc{grantable_421214699_2026,
author = {{Grantable}},
title = {{Farrer Endowment Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/farrer-endowment-foundation-morg_a3688afb2795485d97e49c73051a1fee},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Farrer Endowment Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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