Jerome and Marlyce Koskovich Foundation

ROCHESTER, MN EIN: 20-2051209

Jerome and Marlyce Koskovich Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 11 grants totaling $175K. Net investment income was $21K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.7M

+5.5% YoY

Annual Giving

$175K

+0.1% YoY

Grant Count

11

+37.5% YoY

Avg Grant Size

$16K

-27.2% YoY

Under IRS private-foundation payout rules, Jerome and Marlyce Koskovich Foundation reported a distributable amount of $126K for 2025 — the minimum it must pay out in qualifying distributions.

About Jerome and Marlyce Koskovich Foundation

Based on IRS filings

Jerome and Marlyce Koskovich Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 11 grants totaling $175K. Net investment income was $21K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

AshlandBillingsBurnsvilleEaganElginIsantiLancasterMaplewoodMenomonee FallsMinneapolisMinneotaNew YorkPhoenixPompano BeachRed LodgeRochesterSan DimasScherervilleShawneeStewartville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$125K$249K$374K$499K202020212022202320242025
Metric202520242023
Total Assets$1,683,690$1,595,959$1,505,085
Revenue$230,143$238,366$222,944
Expenses$184,211$178,326$286,834
Qualifying Distributions$175,250$175,000$282,000
Net Investment Income$21,182$35,040$18,110
Distributable Amount$125,669$109,499$100,478

Giving Over Time

Total grant dollars and number of grants per year

$0$71K$141K$212K$282K8 grants202014 grants20216 grants202211 grants20238 grants202411 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

CENTRAL BAPTIST THEOLOGI…$50KCALVARY BAPTIST CHURCH$39KSHEPARDS CANYON RETREAT$17KRED LODGE ALLIANCE$13KIRONWOOD SPRINGS CHRISTI…$10KBETHLEHEM COLLEGE AND SE…$10KCREATION STEWARDS INTERN…$10KTHE LANDING MN$10KGTI HOPE$6KFOOD FOR HIS CHILDREN$5K

Grant Size Distribution

50 grants across all recorded years

43<$50K3$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Central Baptist Theological Seminary ($50,000), Calvary Baptist Church ($39,000), Shepards Canyon Retreat ($17,000).

RecipientPurposeAmount
CALVARY BAPTIST CHURCH ROCHESTER, MNGENERAL OPERATIONS$39,000
CENTRAL BAPTIST THEOLOGICAL SEMINARY SHAWNEE, KSGENERAL SUPPORT$50,000
FOOD FOR HIS CHILDREN BURNSVILLE, MNMISSION WORK$5,000
GLOBAL HORIZANS EAGAN, MNGENERAL SUPPORT$5,000
IRONWOOD SPRINGS CHRISTIAN RANCH STEWARTVILLE, MNCAMP SUPPORT$10,000
RED LODGE ALLIANCE RED LODGE, MTGENERAL SUPPORT$13,250
SHEPARDS CANYON RETREAT PHOENIX, AZGENERAL SUPPORT$17,000
BETHLEHEM COLLEGE AND SEMINARY MINNEAPOLIS, MNGENERAL SUPPORT$10,000
GTI HOPE SAN DIMAS, CAGENERAL SUPPORT$6,000
CREATION STEWARDS INTERNATIONAL ISANTI, MNGENERAL SUPPORT$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
JIM MCKEONDIRECTOR2
CLANCY CRAVENDIRECTOR2
ROGER BARSNESSDIRECTOR2
TRUDY BARSNESSSECRETARY2
ANNE WIEKAMP LETHTREASURER2
JEROME KOSKOVICHPRESIDENT2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Jerome and Marlyce Koskovich Foundation?

Jerome and Marlyce Koskovich Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, MN. It holds $1.7M in total assets as of 2025.

How large is Jerome and Marlyce Koskovich Foundation?

As of 2025, Jerome and Marlyce Koskovich Foundation holds $1.7M in total assets with $230K in annual revenue. It awarded 11 grants totaling $175K in 2025.

Where does Jerome and Marlyce Koskovich Foundation operate?

Jerome and Marlyce Koskovich Foundation has awarded grants in Arizona, California, Florida, Illinois, Indiana, Kansas, Minnesota, Montana, New York, Wisconsin.

What size grants does Jerome and Marlyce Koskovich Foundation award?

In 2025, Jerome and Marlyce Koskovich Foundation awarded 11 grants totaling $175K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Jerome and Marlyce Koskovich Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Jerome and Marlyce Koskovich Foundation reported a distributable amount of $126K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jerome and Marlyce Koskovich Foundation's EIN?

Jerome and Marlyce Koskovich Foundation's EIN (Employer Identification Number) is 20-2051209. IRS Form 990 filing data is available on this page for 2020–2025.

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

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