Irvin E and Wanda L Jensen Trust

Private foundation · Grantmaker Madrid, IA EIN: 42-6436197

Irvin E and Wanda L Jensen Trust is a private foundation, based in Madrid, IA. IRS filing data is available from 2019 through 2022. In 2022, it awarded 2 grants totaling $275K.

Irvin E and Wanda L Jensen Trust at a glance

In short: Irvin E and Wanda L Jensen Trust gave $275K across 2 grants in 2022 (avg $137K), mostly in Iowa. Source: 2022 IRS Form 990-PF.

Annual giving (2022)
$274,602
+3208.5% vs 2021
Grants made (2022)
2
+0.0% vs 2021
Average grant
$137,301
+3208.5% vs 2021
Median grant
$137,301
Primary geography
Iowa (100% of itemized 2022 grant dollars)
Latest 990 filing
Form 990-PF, 2022 View filing

Data from IRS Form 990-PF, 2022; updated September 2026.

Who Irvin E and Wanda L Jensen Trust funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2022

Madrid Educational Endowment Fund: $260KMadrid Educational EndowmentFund$260KMadrid Community School: $15KMadrid Community School$15K

The largest 2022 recipient was Madrid Educational Endowment Fund ($260K). Together the top 2 received $275K.

Grant Size Distribution

8 grants across all recorded years

7<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 8 (88%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2022 grant dollars across all 2 itemized grants.

States

Cities

MadridMadrd

How Irvin E and Wanda L Jensen Trust gives

  • Giving grew 4125% from 2019 to 2022. Method
  • In 2021 it paid out 76% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K2 grants2019 2 grants2020 2 grants2021 2 grants2022

From 2019 to 2022, annual grant giving ranged from $7K (2019) to $275K (2022). In 2022 it made 2 grants totaling $275K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Madrid Educational Endowment Fund Madrid, IAScholarships for Students$259,602
Madrid Community School Madrid, IAEducation$15,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2022—$8,526$289,813$274,6022——$6,025
2021$281,287$12,127$15,948$8,3002$8,300$4,479$10,873
2020$215,062$7,609$15,058$7,5002—$4,834$9,640
2019$222,511$8,092$14,096$6,5002—$6,453$8,886

Under IRS private-foundation payout rules, Irvin E and Wanda L Jensen Trust reported a distributable amount of $6K for 2022 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Irvin E and Wanda L Jensen Trust's 2022 filing lists 5 officers; all 5 officers listed in 2022 are compensated.

Officers on the 2022 filing

  • Dennis W. Wilcox

    Trustee

    On filings since 2019

    $1K (2019) → $2K (2022)

  • Jennifer C. Williams

    Trustee

    On filings since 2019

    0.5 hrs/week

    $1K (2019) → $2K (2022)

  • Patricia A. Cronk

    Trustee

    On filings since 2019

    $1K (2019) → $2K (2022)

  • Rebecca A. Mataya

    Trustee

    On filings since 2019

    0.5 hrs/week

    $1K (2019) → $2K (2022)

  • Floyd F. Gibbons

    Treasurer

    On filings since 2019

    1 hr/week

    $2K (2019) → $3K (2022)

Data from IRS Form 990 filings, 2019–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

Floyd Gibbons — Treasurer: $3KFloyd GibbonsTreasurer$3KJennifer C Williams — Trustee: $2KJennifer C WilliamsTrustee$2KRebecca a Mataya — Trustee: $2KRebecca a MatayaTrustee$2KDennis W Wilcox — Trustee: $2KDennis W WilcoxTrustee$2KPatricia a Cronk — Trustee: $2KPatricia a CronkTrustee$2K

The highest reported compensation on the 2022 filing was $3K, to Floyd Gibbons (Treasurer). 5 officers or directors reported compensation on that filing.

Frequently asked questions about Irvin E and Wanda L Jensen Trust

How much does Irvin E and Wanda L Jensen Trust give each year?

Irvin E and Wanda L Jensen Trust gave $275K across 2 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $8K across 2 grants.

Where does Irvin E and Wanda L Jensen Trust operate?

Irvin E and Wanda L Jensen Trust has awarded grants in Iowa.

How much is Irvin E and Wanda L Jensen Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Irvin E and Wanda L Jensen Trust reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Irvin E and Wanda L Jensen Trust's EIN?

Irvin E and Wanda L Jensen Trust's EIN (Employer Identification Number) is 42-6436197. IRS Form 990 filing data is available on this page for 2019–2022.

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

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 20, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 2, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 23, 2023)
  5. IRS filings on file for fiscal years 2019–2022

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

Figures come from Irvin E and Wanda L Jensen 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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