Marion Jerome Foundation Inc

DECORAH, IA EIN: 42-1507853

Marion Jerome Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in DECORAH, IA. IRS filing data is available from 2019 through 2024. In 2024, it awarded 20 grants totaling $152K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$152K

+1.3% YoY

Grant Count

20

+0.0% YoY

Avg Grant Size

$8K

+1.3% YoY

About Marion Jerome Foundation Inc

Based on IRS filings

Marion Jerome Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in DECORAH, IA. IRS filing data is available from 2019 through 2024. In 2024, it awarded 20 grants totaling $152K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AMESBARRONCALMARCRESCODECORAHEDINAIOWAIOWA CITYMINNEAPOLIS

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$38K$76K$114K$152K20 grants201921 grants202021 grants202120 grants202220 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DECORAH DOLLARS FOR SCHO…$33KBARRON AREA EDUCATION FO…$20KIOWA 4-H FOUNDATON$10KDECORAH COMMUNITY FOOD P…$10KUNIVERSITY OF IOWA HOLDE…$10KVESTERHEIM$10KDECORAH PUBLIC LIBRARY$6KTOYS GO ROUND TOY LENDIN…$6KDECORAH COMMUNITY FREE C…$5KHELPING SERVICES FOR YOUTH$5K

Grant Size Distribution

102 grants across all recorded years

102<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Decorah Dollars for Scholars ($32,500), Barron Area Education Foundation Inc ($20,000), Iowa 4-h Foundaton ($10,211).

RecipientPurposeAmount
ARTHAUS DECORAH, IAOPERATING$2,000
BARRON AREA EDUCATION FOUNDATION INC BARRON, WIOPERATING$20,000
CRESTWOOD HIGH SCHOOL DOLLARS FOR SCHOLARS CRESCO, IAOPERATING$4,000
DECORAH COMMUNITY FOOD PANTRY DECORAH, IAOPERATING$10,000
DECORAH COMMUNITY FREE CLINIC DECORAH, IAOPERATING$5,000
DECORAH DOLLARS FOR SCHOLARS DECORAH, IAOPERATING$32,500
DECORAH PUBLIC LIBRARY DECORAH, IAOPERATING$6,000
HELPING SERVICES FOR YOUTH DECORAH, IAOPERATING$5,000
IOWA 4-H FOUNDATON AMES, IAOPERATING$10,211
NORTHEAST IOWA RETIRED AND SENIOR VOLUNTEER PROGRAM DECORAH, IAOPERATING$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CANDACE J ARPPRESIDENT2
ALLISON J ELWOODVICE PRESIDENT2
CAROLYN E DURANCEAUSECRETARY2
DAVID G ARPTREASURER2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Marion Jerome Foundation Inc?

Marion Jerome Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in DECORAH, IA. It holds — in total assets as of 2024.

Where does Marion Jerome Foundation Inc operate?

Marion Jerome Foundation Inc has awarded grants in Iowa, Minnesota, Wisconsin.

What size grants does Marion Jerome Foundation Inc award?

In 2024, Marion Jerome Foundation Inc awarded 20 grants totaling $152K — an average of about $8K per grant, based on its IRS Form 990 filings.

What is Marion Jerome Foundation Inc's EIN?

Marion Jerome Foundation Inc's EIN (Employer Identification Number) is 42-1507853. IRS Form 990 filing data is available on this page for 2019–2024.

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

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