Jo McDonough Trust

Public charity · Grantmaker Iowa City, IA EIN: 42-6061174

Support the American national red cross.

Jo McDonough Trust at a glance

In short: Jo McDonough Trust gave $88K across 1 grant in 2025 (avg $88K), mostly in District of Columbia. Source: 2025 IRS Form 990.

Annual giving (2025)
$88,106
-13.4% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$88,106
-13.4% vs 2024
Median grant
$88,106
Total assets
$4,417,650
+0.8% vs 2024
Primary geography
District of Columbia (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

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

Who Jo McDonough Trust funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

American National Red Cross: $88KAmerican National Red Cross$88K

The largest 2025 recipient was American National Red Cross ($88K).

Grant Size Distribution

5 grants across all recorded years

<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

Cities

Washington

How Jo McDonough Trust gives

  • Giving held roughly steady from 2022 to 2025 (+13%). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $78K (2022) to $102K (2024). In 2025 it made 1 grant totaling $88K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
American National Red Cross Washington, DCPrograms$88,106
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$4,417,650$105,849$102,540$88,1061$3,850
2024$4,380,481$106,660$120,007$101,7181$5,040
2023$4,531,078$146,416$102,536$87,4511$33,511
2022$4,463,272$101,424$91,870$78,1981$846
2021$4,453,718$95,330$108,505$91,6521$31
2020$3,417,123$97,174$98,154$84,8381$332
2019$3,418,103$92,861$105,324$90,2741$1,491

About Jo McDonough Trust

Based on IRS filings

Jo McDonough Trust is a public charity, based in Iowa City, IA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $4.4M in total assets. In 2025, it awarded 1 grant totaling $88K. Net investment income was $4K.

Leadership & Key People

Officers and directors from IRS filings

Jo McDonough Trust's only listed officer is Midwestone Bank, Trustee on every filing since 2019 (compensated).

Officers on the 2025 filing

  • Midwestone Bank

    Trustee

    On filings since 2019

    3 hrs/week

    $11K (2019) → $12K (2025)

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.

Compensation Overview

From 2025 IRS filing

Midwestone Bank — Trustee: $12KMidwestone BankTrustee$12K

The highest reported compensation on the 2025 filing was $12K, to Midwestone Bank (Trustee).

Frequently asked questions about Jo McDonough Trust

How much does Jo McDonough Trust give each year?

Jo McDonough Trust gave $88K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $102K across 1 grant.

How large is Jo McDonough Trust?

Jo McDonough Trust reported $4.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $106K.

Where does Jo McDonough Trust operate?

Jo McDonough Trust has awarded grants in District of Columbia.

What is Jo McDonough Trust's EIN?

Jo McDonough Trust's EIN (Employer Identification Number) is 42-6061174. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS January 21, 2025)
  2. Updated Form 990 for fiscal year 2025 (received by the IRS April 29, 2026)
  3. Updated Form 990 for fiscal year 2019 (received by the IRS May 26, 2020)
  4. Updated Form 990 for fiscal year 2020 (received by the IRS March 5, 2021)
  5. Updated Form 990 for fiscal year 2021 (received by the IRS February 2, 2022)
  6. Added Form 990 for fiscal year 2022 (received by the IRS February 22, 2023)
  7. Updated Form 990 for fiscal year 2023 (received by the IRS February 13, 2024)

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

Figures come from Jo McDonough 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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