Irving & Elizabeth Jensen Foundation
Irving & Elizabeth Jensen Foundation is a private foundation, based in Sioux City, IA. IRS filing data is available from 2020 through 2025. In 2025, it awarded 4 grants totaling $320K. Net investment income was $2K.
Irving & Elizabeth Jensen Foundation at a glance
In short: Irving & Elizabeth Jensen Foundation gave $320K across 4 grants in 2025 (avg $80K), mostly in Iowa. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $320,467
- -70.1% vs 2024
- Grants made (2025)
- 4
- +300.0% vs 2024
- Average grant
- $80,117
- -92.5% vs 2024
- Median grant
- $7,500
- Primary geography
- Iowa (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Irving & Elizabeth Jensen Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Siouxland Community Foundation ($305K). Together the top 4 received $320K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 3 grants of 8 (38%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Irving & Elizabeth Jensen Foundation gives
- Giving grew 414% from 2022 to 2025. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). 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
From 2020 to 2025, annual grant giving ranged from $56K (2023) to $1.1M (2024). In 2025 it made 4 grants totaling $320K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Siouxland Community Foundation Sioux City, IA | Scholarship Fund | $304,767 |
| Yale University New Haven, CT | Charitable | $10,000 |
| Okoboji Yacht Club Sailing Chool Milford, IA | Charitable | $5,000 |
| Saturday in the Park Sioux City, IA | Charitable | $700 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | — | $4,040 | $322,935 | $320,467 | 4 | $320,467 | $1,572 | — |
| 2024 | $317,295 | $36,741 | $1,079,365 | $1,072,599 | 1 | $1,072,599 | $43,985 | $59,259 |
| 2023 | $1,358,693 | $28,078 | $62,257 | $56,100 | 1 | $56,100 | $47,327 | $61,042 |
| 2022 | $1,391,999 | $48,432 | $71,474 | $62,400 | 1 | $62,400 | $51,275 | $64,754 |
| 2021 | $1,417,745 | $124,820 | $79,454 | $71,900 | 1 | $71,900 | $117,764 | $73,786 |
| 2020 | $1,372,207 | $53,889 | $67,989 | $60,800 | 1 | — | $46,748 | $70,774 |
Leadership & Key People
Officers and directors from IRS filings
Irving & Elizabeth Jensen Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Colin C. Jensen Jr.
Director
President & Director → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Irving Jensen III
Director
On filings since 2024
1 hr/week
No compensation reported
Former officers (1)
- Former: Mark R. Jensen (2020–2023) — Vice President & 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 Irving & Elizabeth Jensen Foundation
How much does Irving & Elizabeth Jensen Foundation give each year?
Irving & Elizabeth Jensen Foundation gave $320K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.1M across 1 grant.
What is Irving & Elizabeth Jensen Foundation's typical grant size?
Irving & Elizabeth Jensen Foundation's median grant in 2025 was $7,500, and its average grant was $80,117, across 4 grants on its 2025 IRS Form 990-PF.
Where does Irving & Elizabeth Jensen Foundation give grants?
Irving & Elizabeth Jensen Foundation gives mostly in Iowa: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Sioux City, IA (2 grants).
Does Irving & Elizabeth Jensen Foundation give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Irving & Elizabeth Jensen Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (3 grants).
What is Irving & Elizabeth Jensen Foundation's EIN?
Irving & Elizabeth Jensen Foundation's EIN (Employer Identification Number) is 42-1249886. 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.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
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