Grinnell Mutual Group Foundation logo

Grinnell Mutual Group Foundation

Private foundation · Grantmaker Grinnell, IA EIN: 42-1308146 Website

Grinnell Mutual Group Foundation is a private foundation based in Grinnell, Iowa. Established as Grinnell Mutual’s charitable arm, it supports nonprofit organizations working in education, healthcare, agriculture, and community development, as well as employees’ civic involvement.

Grinnell Mutual Group Foundation at a glance

In short: Grinnell Mutual Group Foundation gave $363K across 89 grants in 2025 (avg $4K), mostly in Iowa. 28% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$363,272
-34.6% vs 2024
Grants made (2025)
89
-9.2% vs 2024
Average grant
$4,082
-27.9% vs 2024
Median grant
$1,000
Total assets
$1,000,395
+327898.4% vs 2024
New grantees (estimate)
28% first-time grantees (19 of 69, 2025)
Primary geography
Iowa (98% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Grinnell Mutual Group Foundation

Review Cycle
March 31, 2025.
Deadline
March 31, 2025.
Contact

Application contact: Gmg Foundation Scholarship
Mailing address: P O Box 790, Grinnell, IA 50112
Phone: (641) 269-8000
Website: https://grinnellmutual.com

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Grinnell Mutual Group Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Grinnell Regional Medical Center Foundation: $50KGrinnell Regional MedicalCenter Foundation$50KGreater Poweshiek Community Foundation: $31K across 3 grantsGreater Poweshiek CommunityFoundation$31K · 3 grantsUnited Way of Central Iowa: $25KUnited Way of Central Iowa$25KMid Iowa Community Action: $25KMid Iowa Community Action$25KUniversity of Iowa Foundation: $24K across 4 grantsUniversity of Iowa Foundation$24K · 4 grantsGrinnell Fire Department: $20KGrinnell Fire Department$20KGrinnell United Way: $14KGrinnell United Way$14KSt Francis Manor Foundation: $13KSt Francis Manor Foundation$13KGrinnell Area Arts Council: $11KGrinnell Area Arts Council$11KIowa College Foundation: $10KIowa College Foundation$10K

The largest 2025 recipient was Grinnell Regional Medical Center Foundation ($50K). Together the top 10 received $223K.

Organizations only. It also paid 15 individual scholarships ($24,000), which are not listed by name.

Grant Size Distribution

434 grants across all recorded years

431<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 431 grants of 434 (99%).

Geographic Focus

Where this funder awards grants

The foundation’s 2025 grants were concentrated in Iowa: 98% of grant dollars went to recipients in that state. The filing also lists recipients in Illinois, Ohio, Minnesota, and North Carolina, each accounting for 1% or less of grant dollars.

Grant Distribution by State

14states

Share of 2025 grant dollars across all 89 itemized grants.

Cities

GrinnellDes MoinesIowa CityBrooklynAmesMontezumaCedar FallsNewtonSullyOskaloosaBellevilleCoralvilleAberdeenCedar RapidsFargoKelloggKnoxvilleLaurelLynnvilleNew Sharon

Is Grinnell Mutual Group Foundation open to new grantees?

28%

first-time grantees, 2025

In 2025, 19 of 69 grantees (28%) were first-time recipients. First grants averaged $3K; repeat grants $6K. How we count

Medians: $1K first-time, $1K repeat.

  • 57% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+17%). Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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

$0$200K$400K$600K75 grants2020 75 grants2021 82 grants2022 90 grants2023 98 grants2024 89 grants2025

From 2020 to 2025, annual grant giving ranged from $232K (2021) to $555K (2024). In 2025 it made 89 grants totaling $363K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Grinnell Regional Medical Center Foundation Grinnell, IAED Exam room and Bathroom upgrades$50,000
United Way of Central Iowa Des Moines, IAUnited Way employee matching donation$25,102
Mid Iowa Community Action Marshalltown, IAFood Insecurity Assistance$25,000
Grinnell Fire Department Grinnell, IASupplies for Ambulance-3rd of 3 Annual payments$20,000
Greater Poweshiek Community Foundation Grinnell, IAGrinnell Education Partnership 2nd of 3 yr commitment$20,000
Grinnell United Way Grinnell, IAUnited Way employee matching donation$14,470
St Francis Manor Foundation Grinnell, IAAutomatic Door Locking System Grant 2nd of 2 years$12,500
Grinnell Area Arts Council Grinnell, IAStew and GAAC Security Systems$10,852
Iowa College Foundation Des Moines, IAScholarship program for 2025-2026$10,000
10 individual scholarships Recipients not named —$19,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2025$1,000,395$1,363,362$363,272$363,27289$363,272$2,642
2024$305$554,238$555,095$555,09598$555,095$266
2023$1,162$433,157$433,324$433,32490$433,324$170
2022$1,329$310,070$311,578$311,57882$311,578$466
2021$2,837$235,011$232,178$232,17875$232,178$1,443
2020$4$340,029$342,322$342,32275—$338

Under IRS private-foundation payout rules, Grinnell Mutual Group Foundation reported a distributable amount of $3K 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

The foundation says it was established to help sustain nonprofit organizations committed to education, healthcare, agriculture, community development, and employee civic involvement. Its listed grantees include community foundations, healthcare organizations, arts organizations, and organizations supporting higher education.

Grantee missions illustrate this range: Greater Poweshiek Community Foundation says it works through effective granting, responsible investing, and collaboration to support inclusive, vibrant, and sustainable communities and nonprofits. The Grinnell Area Arts Council says its mission is to enrich the community by supporting creative expression. Iowa College Foundation says it furthers the growth and development of private colleges and universities in Iowa.

Grantmaking

In 2025, the foundation made 89 grants totaling $363,272. Grants ranged from $50 to $50,000, with a median of $1,000. Among the largest were $50,000 to Grinnell Regional Medical Center Foundation for emergency department exam room and bathroom upgrades; $25,000 to Mid Iowa Community Action for food insecurity assistance; and $20,000 to Grinnell Fire Department for the third of three annual payments for ambulance supplies.

Other 2025 awards included $20,000 to Greater Poweshiek Community Foundation for the second year of a three-year Grinnell Education Partnership commitment, and $10,000 each to Iowa College Foundation and Iowa State University Foundation for scholarships. The filing also states that giving is not restricted to preselected organizations.

The filing lists application information for the GMG Foundation Scholarship. Applicants must be dependent children of current company employees, be high school graduates in the Class of 2025, and be accepted to an accredited college, university, or trade school. A parent must be employed by Grinnell Mutual at the time of application and award presentation. Required materials are a completed application form, a typed, double-spaced essay of no more than one page describing the planned college and why it was chosen, including how the applicant’s parent’s job at Grinnell Mutual influenced the applicant’s education or career choice, and a copy of the current report card or transcript through the first semester or trimester of senior year.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Dave Wingert as president; Lauren Augustin as vice president; Michelle Papendick as treasurer; and Mandy Hudnut as secretary. Directors listed are Kami Holmes, Todd Milburn, David Miller, Nicolle Smith, Shannon Arendt, and Angie Albers.

Grinnell Mutual Group Foundation is led by Dave Wingert, President on the 2025 filing; none of the 11 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Dave Wingert

    President

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • David Miller

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Kami Holmes

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Shannon Arendt

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Nicolle Smith

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Todd Milburn

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Angie Albers

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Roby Shay

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Lauren Augustin

    Vice President

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Mandy Hudnut

    Secretary

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Michelle Papendick

    Treasurer

    On filings since 2022

    0.5 hrs/week

    No compensation reported

Former officers (7)
  • Former: Barb Baker (2020–2024) — Director Manager
  • Former: Carla Kelling (2020–2024) — Director
  • Former: David Wingert (2020–2024) — Director
  • Former: Jeffrey Menary (2020–2024) — President
  • Former: Hutch Kracht (2020–2021) — Treasurer
  • Former: Kevin Dowling (2020–2021) — Director
  • Former: Peg German (2020–2021) — Director

Data from IRS Form 990 filings, 2020–2025. "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 Grinnell Mutual Group Foundation

How much does Grinnell Mutual Group Foundation give each year?

Grinnell Mutual Group Foundation gave $363K across 89 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $555K across 98 grants.

What is Grinnell Mutual Group Foundation's typical grant size?

Grinnell Mutual Group Foundation's median grant in 2025 was $1,000, and its average grant was $4,082, across 89 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Grinnell Mutual Group Foundation that year got $3K on average.

Where does Grinnell Mutual Group Foundation give grants?

Grinnell Mutual Group Foundation gives mostly in Iowa: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Grinnell, IA (15 grants), Des Moines, IA (6 grants), Iowa City, IA (5 grants) and Montezuma, IA (3 grants).

Does Grinnell Mutual Group Foundation give general operating support?

Occasionally: 2% of Grinnell Mutual Group Foundation's 2025 grants with a stated purpose (2 of 89) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "United Way employee matching donation" (34 grants), "Larry Jansen Scholarship Recipient-2025" (11 grants) and "2025 Dan Agnew Scholarship Recipient" (3 grants).

Who are Grinnell Mutual Group Foundation's largest grantees?

Grinnell Mutual Group Foundation's largest 2025 grantees include Grinnell Regional Medical Center Foundation ($50,000), Greater Poweshiek Community Foundation ($31,000 across 3 grants) and United Way of Central Iowa ($25,102), according to its 2025 IRS Form 990-PF. It also paid 15 individual scholarships ($24,000), which are not listed by name. Together they received 29% of its itemized 2025 grant dollars.

How large is Grinnell Mutual Group Foundation?

Grinnell Mutual Group Foundation reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $363K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

What does Grinnell Mutual Group Foundation fund?

The foundation says it was established to help sustain nonprofit organizations committed to education, healthcare, agriculture, community development, and employee civic involvement. See mission & focus areas ↑

How do I apply for a grant from Grinnell Mutual Group Foundation?

Grinnell Mutual Group Foundation has no public application process in the sources Grantable reviewed. Check grinnellmutual.com for current guidelines, or contact the foundation directly before submitting a request.

What is Grinnell Mutual Group Foundation's EIN?

Grinnell Mutual Group Foundation's EIN (Employer Identification Number) is 42-1308146. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 13, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 20, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
  5. Added Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Grinnell Mutual Group Foundation's focus areas in our free grants database

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Cite this profile

Grantable. (2026). Grinnell Mutual Group Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/grinnell-mutual-group-foundation-morg_69760b30bf9f4da09a15e7bf02dbf642

BibTeX
@misc{grantable_421308146_2026,
  author       = {{Grantable}},
  title        = {{Grinnell Mutual Group Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/grinnell-mutual-group-foundation-morg_69760b30bf9f4da09a15e7bf02dbf642},
  note         = {Accessed 2026-10-14. 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 Grinnell Mutual Group 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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