Old Threshers Foundation Inc
THE PURPOSE OF THE CORPORATION IS AS FOLLOWS: TO OPERATE FOR CHARITABLE AND EDUCATIONAL PURPOSES BY RAISING FUNDS FOR AND DISTRIBUTING THE INCOME FROM THOSE FUNDS FOR CAPITAL PROJECTS, IMPROVEMENTS, AND EMERGENCY FUNDING OF THE MIDWEST OLD SETTLERS AND THRESHERS ASSOCIATION, INC.
Key facts about Old Threshers Foundation Inc
- EIN
- 42-1272944
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $176,720
- Grants made (2025)
- 1
- Average grant
- $176,720
- Median grant
- $176,720
- Total assets
- $4,693,977
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
How Old Threshers Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−3%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Old Threshers Foundation Inc
- How to evaluate Old Threshers Foundation Inc as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$4.7M
+12.9% YoY
Annual Giving
$177K
-8.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$177K
-8.3% YoY
About Old Threshers Foundation Inc
Based on IRS filings
Old Threshers Foundation Inc is a nonprofit organization focused on Academics, based in Mt Pleasant, IA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.7M in total assets. In 2025, it awarded 1 grant totaling $177K. Net investment income was $71K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,693,977 | $4,158,274 | $3,525,019 |
| Revenue | $144,119 | $254,695 | $207,351 |
| Expenses | $237,607 | $252,248 | $229,387 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $71,174 | $164,351 | $95,897 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS September 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 29, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS March 17, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 25, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 18, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS March 30, 2026)
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Midwest Old Settlers & Thresh ($176,720).
| Recipient | Purpose | Amount |
|---|---|---|
| MIDWEST OLD SETTLERS & THRESH Mount Pleasant, IA | SEE PART IV | $176,720 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Diane Davis | Director | 1 | — |
| Joyce Dennison - Retired 1192024 | Prior Direct | 1 | — |
| Alan Elgar | Treasurer | 1 | — |
| John Garrels - Retired 1192024 | Prior Direct | 1 | — |
| Jason Goody | Vice Preside | 1 | — |
| Mike Heaton - Resigned 052025 | Prior Direct | 1 | — |
| Melinda Huisinga | Secretary | 10 | $12,000 |
| Jan Johnston | Director | 1 | — |
| Todd Mabeus | President | 1 | — |
| Colin McCormick | Director | 1 | — |
| Phil McMeins | Director | 1 | — |
| Rich Seberg | Director | 1 | — |
| Barry Tuller | Director | 1 | — |
| Mary Wettach | Director | 1 | — |
| Rachel Lindeen | Director | 1 | — |
| Josie Thomas | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Old Threshers Foundation Inc?
Old Threshers Foundation Inc is a nonprofit organization focused on Academics, based in Mt Pleasant, IA. It holds $4.7M in total assets as of 2025.
How large is Old Threshers Foundation Inc?
As of 2025, Old Threshers Foundation Inc holds $4.7M in total assets with $144K in annual revenue. It awarded 1 grant totaling $177K in 2025.
Where does Old Threshers Foundation Inc operate?
Old Threshers Foundation Inc has awarded grants in Iowa.
What size grants does Old Threshers Foundation Inc award?
In 2025, Old Threshers Foundation Inc awarded 1 grant totaling $177K — an average of about $177K per grant, based on its IRS Form 990 filings.
What is Old Threshers Foundation Inc's EIN?
Old Threshers Foundation Inc's EIN (Employer Identification Number) is 42-1272944. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.