Molony Foundation
MOLONY FOUNDATION is a private foundation based in Bernard, Iowa. Its 2024 giving included support for organizations in Iowa and other states, as well as scholarships for students.
Key facts about Molony Foundation
In short: Molony Foundation gave $163K across 30 grants in 2025 (avg $5K), mostly in Iowa. 28% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 47-4869856
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $162,631
- Grants made (2025)
- 30
- Average grant
- $5,421
- Median grant
- $2,750
- New grantees (estimate)
- 28% first-time grantees (5 of 18, 2025)
- Total assets
- $6,148,114
- Primary geography
- Iowa (93% of itemized 2025 grant dollars)
- How to apply
- The foundation says it does not restrict giving to preselected organizations. Full details ↓
- Deadline
- March 31 each year.
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$6.1M
+6.5% YoY
Annual Giving
$163K
+1.7% YoY
Grant Count
30
+15.4% YoY
Avg Grant Size
$5K
-11.9% YoY
Under IRS private-foundation payout rules, Molony Foundation reported a distributable amount of $288K for 2025 — the minimum it must pay out in qualifying distributions.
Is Molony Foundation open to new grantees?
28%
first-time grantees, 2025
In 2025, 5 of 18 grantees (28%) were first-time recipients. First grants averaged $4K; repeat grants $9K. How we count
Medians: $5K first-time, $5K repeat.
- 56% of 2025 grantees were also funded in 2024. Method
- Giving grew 64% from 2022 to 2025. Method
- In 2025 it paid out 108% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement is provided. The foundation’s 2024 grants included general operating support for organizations with varied missions. Resources Unite says its mission is to connect people to resources and volunteer opportunities. Centrally Rooted Mission describes its work as developing positive brain health and building resilience during formative growth years. Research for the Kids says its proceeds benefit pediatric brain tumor and heart defect research programs at the University of Iowa Stead Family Children’s Hospital. ChiArts Foundation describes its work as supporting and promoting arts education at Chicago High School for the Arts.
The foundation’s filing also describes nursing/health care scholarships for local individuals pursuing health care careers and scholarships for qualifying Dubuque County 4-H members.
Grantmaking
In 2024, the foundation awarded 26 grants totaling $159,900. Grant sizes ranged from $59 to $35,000, with a median of $2,500. The largest awards included $35,000 to Latino Empowerment and Development, $34,896 to Resources Unite, and $15,310 to St Patrick’s Catholic Church, all for general operating support. Centrally Rooted Mission and Research for the Kids each received $10,000 for general operating support.
Grant Range
s ranged from $59 to $35,000, with a median of $2,500. The largest awards included $35,000 to Latino Empowerment and Development, $34,896 to Resources Unite, and $15,310 to St Patrick’s Catholic Church, all for general operating support. Centrally Rooted Mission and Research for the Kids each received $10,000 for general operating support.
Review Cycle
** March 31 each year.
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Geographic Focus
Where this funder awards grants
In 2024, 91% of grant dollars went to recipients in Iowa. The remaining grant dollars went to recipients in Illinois (4%), Wisconsin (2%), Minnesota (2%), and Kentucky (1%).
Grant Distribution by State
Share of all 30 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
111 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| RESOURCES UNITE Dubuque, IA | GENERAL OPERATING SUPPORT | $37,720 |
| ST PATRICK'S CATHOLIC CHURCH Bernard, IA | GENERAL OPERATING SUPPORT | $12,919 |
| LATINO EMPOWERMENT AND DEVELOPMENT Peosta, IA | GENERAL OPERATING SUPPORT | $10,000 |
| PRESENTATION LANTERN Dubuque, IA | GENERAL OPERATING SUPPORT | $10,000 |
| RESEARCH FOR THE KIDS Dubuque, IA | GENERAL OPERATING SUPPORT | $10,000 |
| ST THOMAS AQUINAS PASTORATE Cascade, IA | GENERAL OPERATING SUPPORT | $9,167 |
| CONVIVIUM URBAN FARMSTEAD Dubuque, IA | GENERAL OPERATING SUPPORT | $5,200 |
| CENTRALLY ROOTED MISSION INC Dubuque, IA | GENERAL OPERATING SUPPORT | $5,000 |
| COMMUNITY SOLUTIONS OF EASTERN IOWA Dubuque, IA | GENERAL OPERATING SUPPORT | $5,000 |
| IOWA PUBLIC RADIO INC Des Moines, IA | GENERAL OPERATING SUPPORT | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $5,774,353 | $279,339 | $372,952 | $159,900 |
| 2023 | $5,449,661 | $458,977 | $339,968 | $102,620 |
| 2022 | $4,724,790 | $314,634 | $281,936 | $99,175 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $6,148,114 | $5,774,353 | $5,449,661 |
| Revenue | $376,526 | $279,339 | $458,977 |
| Expenses | $422,939 | $372,952 | $339,968 |
| Qualifying Distributions | $310,363 | $285,750 | $237,186 |
| Net Investment Income | $253,091 | $181,452 | $22,529 |
| Distributable Amount | $288,175 | $280,106 | $257,951 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Anastasia Molony-Klimek as president, treasurer, and director; David Klimek as vice-president and director; and Jeffrey S Billings as secretary and director.
Molony Foundation is led by Anastasia Molony-Klimek, President, Treasurer & Director on every filing since 2020; 2 of 3 officers listed in 2025 are compensated.
Officers on the 2025 filing
Anastasia Molony-Klimek
President, Treasurer & Director
On filings since 2020
40 hrs/week
$84K (2020) → $99K (2025)
David Klimek
Vice President & Director
On filings since 2020
10 hrs/week
$13K (2020) → $11K (2025)
Jeffrey S. Billings
Secretary & Director
On filings since 2020
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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
Contact
Application contact: Anastasia Molony-Klimek
Mailing address: 15343 Higginsport Rd, Bernard, IA 52032
Phone: (563) 508-0350
Email: molonyfoundation@gmail.com
Frequently asked questions about Molony Foundation
How much does Molony Foundation give each year?
Molony Foundation gave $163K across 30 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $160K across 26 grants.
What is Molony Foundation's typical grant size?
Molony Foundation's median grant in 2025 was $2,750, and its average grant was $5,421, across 30 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Molony Foundation that year got $4K on average.
Where does Molony Foundation give grants?
Molony Foundation gives mostly in Iowa: 93% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Dubuque, IA (9 grants), Cascade, IA (2 grants), Peosta, IA (2 grants) and Des Moines, IA (2 grants).
Does Molony Foundation give general operating support?
Yes: 57% of Molony Foundation's 2025 grants with a stated purpose (17 of 30) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "College Scholarship for Attending University of Iowa" (3 grants).
Who are Molony Foundation's largest grantees?
Molony Foundation's largest 2025 grantees include Resources Unite ($37,720), St Patrick's Catholic Church ($12,919) and Latino Empowerment and Development ($10,000), according to its 2025 IRS Form 990-PF. Together they received 37% of its itemized 2025 grant dollars.
How large is Molony Foundation?
Molony Foundation reported $6.1M in total assets on its 2025 IRS Form 990-PF. It paid out $310K in qualifying distributions that year, against a required minimum of $288K (roughly 5% of its investment assets).
What does Molony Foundation fund?
No mission statement is provided. The foundation’s 2024 grants included general operating support for organizations with varied missions. Resources Unite says its mission is to connect people to resources and volunteer opportunities. Centrally Rooted Mission describes its work as developing positive brain health and building resilience during formative growth years. Research for the Kids says its proceeds benefit pediatric brain tumor and heart defect research programs at the University of Iowa…
How do I apply for a grant from Molony Foundation?
The foundation says it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Molony Foundation's EIN?
Molony Foundation's EIN (Employer Identification Number) is 47-4869856. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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