Grinnell Mutual Group Foundation logo

Grinnell Mutual Group Foundation

GRINNELL, IA EIN: 42-1308146 Website

Grinnell Mutual Group Foundation is a corporate foundation based in Grinnell, Iowa, established in 1989. The foundation is designated as a 501(c)(3) organization and operates as the philanthropic arm of Grinnell Mutual Insurance, extending the company's commitment to community support beyond its business operations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$555K

Grant Count

98

Avg Grant Size

$6K

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports organizations involved with:

  • Education
  • Natural resources
  • Agriculture
  • Community development
  • Civic affairs
  • Healthcare
  • Human services

The foundation's work is primarily concentrated in Iowa, Illinois, and Ohio.

Grantmaking

The foundation accepts applications from prospective grantees.

Grant Range

$5,000

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Iowa, Illinois, and Ohio, with a particular emphasis on the Grinnell, Iowa area and surrounding communities.

Grant Distribution by State

14states
+6 more states

Cities

AberdeenAmesAnkenyAshevilleBeaver DamBellevilleBeresfordBettendorfBrooklynCantonCasseltonCedar FallsCedar RapidsChilicotheChillicotheChisolmCloquetCoralvilleCovingtonDanville

Financial History

Multi-year comparison from IRS filings

As of 2024

  • Total assets: $305
  • Total revenues: $554,238
  • Total expenses: $555,095
  • Total liabilities: $0

Giving Rate The foundation distributes more than 100% of its assets annually, indicating it relies on contributions from its parent company to sustain grantmaking activities.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12020202120222024
Metric202420222021
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$139K$278K$416K$555K75 grants202075 grants202182 grants202298 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Greater Greenfield Commu…$150KMayflower Homes Inc$25KUnited Way of Central Iowa$24KCity of Grinnell Parks a…$20KGrinnell Fire Department$20KGreater Poweshiek Commun…$20KGrinnell Historical Museum$20KMontezuma Community Deve…$18KIowa College Foundation$14KUniversity of Northern I…$11K

Grant Size Distribution

200 grants across all recorded years

199<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Jeffrey MenaryPresident0.5
Lauren AugustinVice President0.5
Michelle PapendickTreasurer0.5
Kami HolmesDirector0.5
Todd MilburnDirector0.5
David MillerDirector0.5
Nicolle SmithDirector0.5
David WingertDirector0.5
Mandy HudnutSecretary0.5
Carla KellingDirector0.5
Barb BakerDirector Manager0.5
Shannon ArendtDirector0.5

Recent News & Activity

Recent developments and announcements

The foundation has made significant grants to support youth enrichment and community needs:

Grinnell Mutual Group Foundation Provides $60,000 Grant for Youth Summer

Provided a $60,000 grant for youth summer enrichment programs

Grinnell Mutual Group Foundation Provides $60,000 Grant for Youth Summer

Made a matching gift challenge to St. Francis Manor Foundation's automatic door locking system campaign

Supported healthcare initiatives through donations to local hospitals

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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