HW Grout Trust

Private foundation Waterloo, IA EIN: 23-7416881

HW Grout Trust is a private foundation, based in Waterloo, IA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $8.2M in total assets. In 2025, it made $1.4M in qualifying distributions. Net investment income was $579K.

HW Grout Trust at a glance

Total assets
$8,223,350
-6.3% vs 2024
Revenue (2025)
$1,839,542
+3.6% vs 2024
Qualifying distributions (2025)
$1,404,603
-11.0% vs 2024
Expenses (2025)
$1,956,588
-3.1% vs 2024
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesQualifying DistributionsNet Investment Income
2025$8,223,350$1,839,542$1,956,588$1,404,603$578,824
2024$8,775,480$1,775,048$2,018,579$1,578,794$115,725
2023$9,015,503$2,644,043$2,092,937$2,258,281$189,478
2022$8,411,069$2,062,834$1,866,201$1,577,241$255,018
2021$8,570,898$1,750,767$1,777,448—$14,485
2020$8,293,684$1,430,130$1,917,234—$18,746
2019$8,711,706$1,756,814$1,960,041—$16,195

Leadership & Key People

Officers and directors from IRS filings

HW Grout Trust's 2025 filing lists 6 officers; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Barbara Corson

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Edward J. Gallagher III

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Mary Ellen Warren

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Steve Schmitt

    Trustee

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Mary Potter

    Trustee

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Ryan Malecek

    Trustee

    New on the 2025 filing

    2 hrs/week

    No compensation reported

Former officers (2)
  • Former: David Allbaugh (2019–2024) — Trustee
  • Former: John J. Burns (2019–2024) — Trustee

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 HW Grout Trust

How large is HW Grout Trust?

HW Grout Trust reported $8.2M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $1.8M.

What is HW Grout Trust's EIN?

HW Grout Trust's EIN (Employer Identification Number) is 23-7416881. 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.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS January 28, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS January 26, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 12, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS January 30, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS January 30, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS January 23, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 17, 2026)
  8. IRS filings on file for fiscal years 2019–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from HW Grout Trust'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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