George S & Grace a Jay

Private foundation · Grantmaker Shenandoah, IA EIN: 42-6061515

George S & Grace a Jay is a private foundation, based in Shenandoah, IA. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $2.7M in total assets. In 2026, it awarded 1 grant totaling $53K. Net investment income was $178K.

Key facts about George S & Grace a Jay

In short: George S & Grace a Jay gave $53K across 1 grant in 2026 (avg $53K), mostly in Iowa. Source: 2026 IRS Form 990-PF.

EIN
42-6061515
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$52,500
Grants made (2026)
1
Average grant
$52,500
Median grant
$52,500
Total assets
$2,680,215
Primary geography
Iowa (100% of itemized 2026 grant dollars)

Data from IRS Form 990-PF, 2026; updated September 2026.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$2.7M

+4.2% YoY

Annual Giving

$53K

+4.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$53K

+4.0% YoY

Under IRS private-foundation payout rules, George S & Grace a Jay reported a distributable amount of $261K for 2026 — the minimum it must pay out in qualifying distributions.

How George S & Grace a Jay gives

  • Giving fell 56% from 2023 to 2026. Method
  • In 2026 it paid out 131% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2026 grant dollars on its one itemized grant.

States

Cities

ShenandoahSemesters

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2021 2 grants2022 2 grants2023 2 grants2024 1 grant2025 1 grant2026

From 2021 to 2026, annual grant giving ranged from $51K (2025) to $136K (2022). In 2026 it made 1 grant totaling $53K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2026

Scholarships: $53KScholarships$53K

The largest 2026 recipient was Scholarships ($53K).

Grant Size Distribution

8 grants across all recorded years

3<$50K3$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 8 (38%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Scholarships Shenandoah, IAScholarship for High School Students$52,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$2,680,215$2,571,353$2,550,463
Revenue$229,771$134,851$98,920
Expenses$120,909$113,961$136,495
Qualifying Distributions$341,173$304,673$274,167
Net Investment Income$178,368$85,212$50,151
Distributable Amount$260,568$236,995$258,115

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS June 9, 2021)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS July 28, 2022)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS July 18, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 17, 2024)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS June 24, 2025)
  6. Added Form 990-PF for fiscal year 2026 (received by the IRS June 30, 2026)
  7. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

George S & Grace a Jay's 2026 filing lists 3 officers; all 3 officers listed in 2026 are compensated.

Officers on the 2026 filing

  • L. Craig Harris

    Trustee

    On filings since 2021

    2 hrs/week

    $6K (2021) → $10K (2026)

  • Robert Longman

    Trustee

    On filings since 2021

    2 hrs/week

    $6K (2021) → $10K (2026)

  • Nancy Maher

    Trustee

    On filings since 2022

    2 hrs/week

    $3K (2022) → $10K (2026)

Former officers (1)
  • Former: John Weaver (2021–2022) — Trustee

Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

L Craig Harris — Trustee: $10KL Craig HarrisTrustee$10KRobert Longman — Trustee: $10KRobert LongmanTrustee$10KNancy Maher — Trustee: $10KNancy MaherTrustee$10K

The highest reported compensation on the 2026 filing was $10K, to L Craig Harris (Trustee). 3 officers or directors reported compensation on that filing.

Frequently asked questions about George S & Grace a Jay

How much does George S & Grace a Jay give each year?

George S & Grace a Jay gave $53K across 1 grant in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $51K across 1 grant.

How large is George S & Grace a Jay?

George S & Grace a Jay reported $2.7M in total assets on its 2026 IRS Form 990-PF. It paid out $341K in qualifying distributions that year, against a required minimum of $261K (roughly 5% of its investment assets).

Where does George S & Grace a Jay operate?

George S & Grace a Jay has awarded grants in Iowa.

What is George S & Grace a Jay's EIN?

George S & Grace a Jay's EIN (Employer Identification Number) is 42-6061515. IRS Form 990 filing data is available on this page for 2021–2026.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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