Iron One Foundation

Private foundation · Grantmaker Onaway, MI EIN: 30-0283975

Iron One Foundation is a private foundation focused on Education, based in Onaway, MI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $173K in total assets.

Key facts about Iron One Foundation

EIN
30-0283975
Latest 990 filing
Form 990-PF, 2025
Total assets
$172,523

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$173K

+15.6% YoY

Revenue

$32K

-148.7% YoY

Expenses

$8K

-77.3% YoY

Under IRS private-foundation payout rules, Iron One Foundation reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.

How Iron One Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+5%). Method
  • In 2024 it paid out 444% 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

States

Cities

AlpenaOnawayPetoskeyHarbor SpringsIndian River

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K2 grants2020 5 grants2021 2 grants2022 2 grants2023 2 grants2024 0 grants2025

From 2020 to 2024, annual grant giving ranged from $6K (2022) to $20K (2024). In 2024 it made 2 grants totaling $20K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 11 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$172,523$149,206$251,804
Revenue$31,787$-65,292$17,973
Expenses$8,470$37,306$26,478
Qualifying Distributions—$22,248$11,988
Distributable Amount$9,355$5,009$12,224

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS July 29, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Iron One Foundation is led by Thomas James Moran, President, Secretary & Treasurer on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Thomas James Moran

    President, Secretary & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Ashli Brook Berry (2020) — President

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 Iron One Foundation

How large is Iron One Foundation?

Iron One Foundation reported $173K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $32K.

What is Iron One Foundation?

Iron One Foundation is a private foundation focused on Education, based in Onaway, MI. It holds $173K in total assets as of 2025.

Where does Iron One Foundation operate?

Iron One Foundation has awarded grants in Michigan.

How much is Iron One Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Iron One Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Iron One Foundation's EIN?

Iron One Foundation's EIN (Employer Identification Number) is 30-0283975. 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.

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