Max and Helen Guernsey logo

Max and Helen Guernsey

CEDAR FALLS, IA EIN: 42-1460664 Website

The Max and Helen Guernsey Charitable Foundation is a private grantmaking foundation established in 1996 and incorporated on July 9, 1996. Based in Cedar Falls, Iowa, the foundation operates exclusively for charitable, scientific, literary, and educational purposes. The foundation was created by Max and Helen Guernsey, longtime residents of the Waterloo community, to distribute resources in support of their faith and belief in people.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$2.2M

-14.6% YoY

Grant Count

125

-8.1% YoY

Avg Grant Size

$17K

-7.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to work in partnership with others to improve the vitality of the community, addressing issues important now and in the future.

Primary funding areas include:

  • Education that builds character
  • Programs that enhance family life
  • Key social issues
  • Science programs that aim for community betterment
  • Health and life skills
  • Sports and fitness
  • Activities that recognize the value of people

Grantmaking

The foundation began funding and granting officially in October 1997. In 1998, the foundation awarded and disbursed 19 grants to organizations and charities. By 1999, the foundation continued to grow in number and diversity of grant disbursements, with 29 grants awarded.

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Geographic Focus

Where this funder awards grants

The foundation supports nonprofit organizations in Benton, Black Hawk, Bremer, Buchanan, Butler, Fayette, Grundy, and Tama counties in Iowa. Grant-making also extends to California and Nebraska.

Grant Distribution by State

4states

Cities

ACKLEYAMESBLAIRSTOWNCEDAR FALLSCEDAR RAPIDSCLARKSVILLECLERMONTDENVERDES MOINESDUBUQUEDUNKERTONDYSARTELGINELKADEREVANSDALEFAIRBANKFAYETTEGILBERTVILLEGREENEGRUNDY CENTER

Financial History

Multi-year comparison from IRS filings

Most Recent Fiscal Year (FY 2024):

  • Total Assets: $48.2–$49.9 million
  • Total Revenues: $1.66 million
  • Total Expenses: $2.89 million
  • Total Liabilities: $20.1 thousand
  • Total Giving: $2.18 million

Revenue Composition (FY 2024):

  • Investment income and dividends: $1.28 million
  • Total grants and contributions: $0

Tax Status:

  • 501(c)(3) organization
  • Tax-exempt since February 1997
  • EIN: 42-1460664
  • Donations are tax-deductible
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120212022202320242025
Metric202520242023
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$640K$1M$2M$3M92 grants2021103 grants202277 grants2023136 grants2024125 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

CEDAR VALLEY PRESCHOOL &…$35KCITY OF TAMA$35KBOYS & GIRLS CLUB OF THE…$30KBREMER COUNTY FAIR ASSOC…$30KCEDAR BEND HUMANE SOCIETY$30KCEDAR VALLEY FRIENDS OF …$30KCEDAR VALLEY HOSPICE INC$30KCHRISTIAN COMMUNITY DEV …$30KCITY OF WATERLOO$30KCITY OF WAUCOMA$30K

Grant Size Distribution

250 grants across all recorded years

248<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Max and Helen Guernsey

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Board of Trustees:

  • Soo Greiman
  • Lois Johnson
  • Gary Nelson
  • Thomas Paulsen
  • Harold Strever

Staff:

  • Shannon Hickman, Executive Director (as of May 2024)

Historical Leadership:

  • Soo Greiman served as the foundation's first Executive Director from August 2000 until early 2020, when she transitioned to trustee role
  • Casey Reints served as Executive Director from February 2020 until May 2024

Compensation Overview

From 2025 IRS filing

THOMAS R PAULSENFINANCE COMMITTEE CHAIR$10KGARY NELSONTRUSTEE CHAIR$10KHAROLD B STREVER JRADMIN COMMITTEE CHAIR$10KLOIS M JOHNSONSECRETARY$10KSOO GREIMANTRUSTEE$10K

From 2025 filing

NameTitleHoursCompensation
THOMAS R PAULSENFINANCE COMMITTEE CHAIR1$10,000
GARY NELSONTRUSTEE CHAIR1$10,000
HAROLD B STREVER JRADMIN COMMITTEE CHAIR1$10,000
LOIS M JOHNSONSECRETARY1$10,000
SOO GREIMANTRUSTEE1$10,000

Contact Information

Address: 3826 Cedar Heights Drive, Suite 1 Cedar Falls, IA 50613-6257

Phone: 319-226-3434 or 319-260-2151

Email: office@guernseyfoundation.com

Website: www.guernseyfoundation.com

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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