Maurice & Velda Fitzgerald Charity

BOONE, IA EIN: 27-3208691

Maurice & Velda Fitzgerald Charity is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOONE, IA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 10 grants totaling $274K. Net investment income was $159K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.8M

-0.0% YoY

Annual Giving

$274K

+12.6% YoY

Grant Count

10

+42.9% YoY

Avg Grant Size

$27K

-21.2% YoY

Under IRS private-foundation payout rules, Maurice & Velda Fitzgerald Charity reported a distributable amount of $232K for 2024 — the minimum it must pay out in qualifying distributions.

About Maurice & Velda Fitzgerald Charity

Based on IRS filings

Maurice & Velda Fitzgerald Charity is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOONE, IA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 10 grants totaling $274K. Net investment income was $159K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AmesBooneBuffalo CenterColumbia FallsDes MoinesNevadaPerrySouix CityWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$138K$276K$414K$552K201920202021202220232024
Metric202420232022
Total Assets$4,768,013$4,768,583$4,549,431
Revenue$190,505$107,301$192,658
Expenses$316,192$284,351$271,915
Qualifying Distributions$275,995$245,116$235,915
Net Investment Income$158,601$114,593$162,658
Distributable Amount$232,371$223,168$230,090

Giving Over Time

Total grant dollars and number of grants per year

$0$69K$137K$206K$274K15 grants201914 grants202011 grants202110 grants20227 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SACRED HEART CHURCH$117KSACRED HEART SCHOOL GENE…$55KSACRED HEART SCHOOL TUIT…$25KSOUIX CITY DIOCESE$25KIMPACT COMMUNITY ACTION …$15KSALVATION ARMY OF BOONE …$15KBOONE BASEBALL CLUB$10KINDIVIDUAL PERSON$10KHOSPICE OF CENTRAL IOWA$1KAMERICAN CANCER SOCIETY-…$1K

Grant Size Distribution

52 grants across all recorded years

47<$50K2$50–100K3$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 Sacred Heart Church ($117,375), Sacred Heart School General Fund ($55,000), Sacred Heart School Tuition Assista ($25,000).

RecipientPurposeAmount
SACRED HEART SCHOOL TUITION ASSISTA BOONE, IATO ASSIST SCHOOL TUITION ASSISTANCE PROGRAM FOR NEEDS BASED ASSISTANCE WITH TUITION.$25,000
SACRED HEART CHURCH BOONE, IATO HELP REACH OUT TO THE LARGER COMMUNITY THROUGH LITURGY, EDUCATION, & SERVICE$117,375
SOUIX CITY DIOCESE SOUIX CITY, IATO HELP THE COMMUNITY AT LARGE$25,000
HOSPICE OF CENTRAL IOWA PERRY, IATO HELP BRING COMFORT AND SUPPORTIVE CARE TO INDIVIDUALS AND THEIR FAMILIES$1,000
IMPACT COMMUNITY ACTION CENTER BOONE, IAHELP PROVIDE SAFE AND AFFORDABLE HOUSING FOR LOW INCOME FAMILIES & INDIVDUALS$15,000
SALVATION ARMY OF BOONE COUNTY BOONE, IATO HELP PROVIDE ASSITANCE AND RELIEF FOR THOSE WHO NEED IT.$15,000
AMERICAN CANCER SOCIETY-IA CHAPTER WASHINGTON, DCTO SPREAD INFORMATION ABOUT CANCER AND CANCER RESEARCH AND TO HELP THOSE WHO ARE DIAGNOSED WITH CANCER THROUGH RELAY FOR LIFE$1,000
SACRED HEART SCHOOL GENERAL FUND BOONE, IATO ASSIST WITH MISSION OF PROVIDING CATHOLIC EDUCATION TO CHILDREN$55,000
BOONE BASEBALL CLUB BOONE, IATO ASSIST WITH THE COMMUNITY BASEBALL FIELD PROJECT$10,000
INDIVIDUAL PERSON BOONE, IAFINANCIAL ASSISTANCE$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

FRED GREINERPresident$3KKURT PHILLIPSSecretary$3KTHOMAS PUTNAMVice President$3KLYNNE HECKMANVice President$3KTHOMAS VENNERVice President$3K

From 2024 filing

NameTitleHoursCompensation
FRED GREINERPresident1$3,000
KURT PHILLIPSSecretary1$3,000
THOMAS PUTNAMVice President1$3,000
LYNNE HECKMANVice President1$3,000
THOMAS VENNERVice President1$3,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Maurice & Velda Fitzgerald Charity?

Maurice & Velda Fitzgerald Charity is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOONE, IA. It holds $4.8M in total assets as of 2024.

How large is Maurice & Velda Fitzgerald Charity?

As of 2024, Maurice & Velda Fitzgerald Charity holds $4.8M in total assets with $191K in annual revenue. It awarded 10 grants totaling $274K in 2024.

Where does Maurice & Velda Fitzgerald Charity operate?

Maurice & Velda Fitzgerald Charity has awarded grants in District of Columbia, Iowa, Maine.

What size grants does Maurice & Velda Fitzgerald Charity award?

In 2024, Maurice & Velda Fitzgerald Charity awarded 10 grants totaling $274K — an average of about $27K per grant, based on its IRS Form 990 filings.

How much is Maurice & Velda Fitzgerald Charity required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Maurice & Velda Fitzgerald Charity reported a distributable amount of $232K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Maurice & Velda Fitzgerald Charity's EIN?

Maurice & Velda Fitzgerald Charity's EIN (Employer Identification Number) is 27-3208691. 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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