The Gallagher Family Foundation

Private foundation · Grantmaker Waterloo, IA EIN: 42-1362579

The Gallagher Family Foundation is a private foundation based in Waterloo, Iowa. It gave $1,599,451 through 60 grants in 2024; the listed grants went primarily to Iowa recipients, including colleges, schools, cultural organizations, and community-service organizations.

Key facts about The Gallagher Family Foundation

In short: The Gallagher Family Foundation gave $1.6M across 60 grants in 2024 (avg $27K), mostly in Iowa. 3% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
42-1362579
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,599,451
Grants made (2024)
60
Average grant
$26,658
Median grant
$10,000
New grantees (estimate)
3% first-time grantees (2 of 60, 2024)
Total assets
$15,146,315
Primary geography
Iowa (95% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 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 2024 IRS Form 990-PF · View filing

Total Assets

$15.1M

+0.6% YoY

Annual Giving

$1.6M

-9.5% YoY

Grant Count

60

-1.6% YoY

Avg Grant Size

$27K

-7.9% YoY

Under IRS private-foundation payout rules, The Gallagher Family Foundation reported a distributable amount of $864K for 2024 — the minimum it must pay out in qualifying distributions.

Is The Gallagher Family Foundation open to new grantees?

3%

first-time grantees, 2024

In 2024, 2 of 60 grantees (3%) were first-time recipients. First grants averaged $20K; repeat grants $27K. How we count

Medians: $20K first-time, $10K repeat.

  • 97% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+11%). Method
  • In 2024 it paid out 187% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 filing lists each grant’s purpose as “education support.” Recipients included colleges and universities, Catholic schools and churches, a museum, a food bank, legal aid, and hospice organizations.

The grantees describe their own work in varied ways. Loras College says it creates a Catholic liberal arts community of active learners, reflective thinkers, ethical decision makers, and responsible contributors. The University of Northern Iowa Foundation says it grows private resources and relationships to support the university, its people, and its programs. Northeast Iowa Food Bank says it provides food and hunger education in northeast Iowa. Iowa Legal Aid Foundation says it supports legal aid for low-income Iowans, and Cedar Valley Hospice says it provides palliative and end-of-life care and support for people who grieve.

Grantmaking

In 2024, the foundation made 60 grants totaling $1,599,451. Grants ranged from $1,000 to $348,333, with a median of $10,000. Among the largest were $348,333 to Clarke University and $315,000 to Loras College, both in Dubuque, Iowa; $80,000 to St. Edward’s Catholic Church and $70,000 to Cedar Valley Catholic Schools, both in Waterloo; and $65,000 to Grout Museum Inc. in Waterloo. Other listed grants included $45,500 to the University of Northern Iowa, $44,286 to Georgetown University, and $35,000 each to NAMI Dubuque and Northeast Iowa Food Bank.

How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests.

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Geographic Focus

Where this funder awards grants

In 2024, 95% of grant dollars went to recipients in Iowa, 3% to recipients in Washington, DC, and 1% each to recipients in Minnesota and Wisconsin. Less than 1% went to recipients in Nebraska.

Grant Distribution by State

8states

Share of 2024 grant dollars across all 60 itemized grants.

Cities

WaterlooDubuqueCedar FallsDes MoinesCedar RapidsConceptionEvanstonFort MyersGilbertvilleOmahaPeostaSinsinawaSt. PaulWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M58 grants2020 58 grants2021 57 grants2022 61 grants2023 60 grants2024

From 2020 to 2024, annual grant giving ranged from $1.4M (2020) to $1.8M (2023). In 2024 it made 60 grants totaling $1.6M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Clarke University: $348KClarke University$348KLoras College: $315KLoras College$315KSt Edward's Catholic Church: $80KSt Edward's Catholic Church$80KCedar Valley Catholic Schools: $70KCedar Valley Catholic Schools$70KGrout Museum Inc: $65KGrout Museum Inc$65KUniversity of Northern Iowa Foundation: $46KUniversity of Northern IowaFoundation$46KGeorgetown University: $44KGeorgetown University$44KNAMI Dubuque Alliance for the Mentally Ill: $35KNAMI Dubuque Alliance for theMentally Ill$35KNortheast Iowa Food Bank Inc: $35KNortheast Iowa Food Bank Inc$35KCatholic Charities of the Archdiocese of Dubuque: $30KCatholic Charities of theArchdiocese of Dubuque$30K

The largest 2024 recipient was Clarke University ($348K). Together the top 10 received $1.1M.

Grant Size Distribution

294 grants across all recorded years

271<$50K9$50–100K8$100–250K4$250–500K2$500K–1M$1–5M$5M+

The most common grant size was under $50K: 271 grants of 294 (92%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Clarke University Dubuque, IAEducation Support$348,333
Loras College Dubuque, IAEducation Support$315,000
St Edward's Catholic Church Waterloo, IAEducation Support$80,000
Cedar Valley Catholic Schools Waterloo, IAEducation Support$70,000
Grout Museum Inc Waterloo, IAEducation Support$65,000
University of Northern Iowa Foundation Cedar Falls, IAEducation Support$45,500
Georgetown University Washington, DCEducation Support$44,286
NAMI Dubuque Alliance for the Mentally Ill Dubuque, IAEducation Support$35,000
Northeast Iowa Food Bank Inc Waterloo, IAEducation Support$35,000
Catholic Charities of the Archdiocese of Dubuque Dubuque, IAEducation Support$30,000

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Number of grants
2024 $1,599,451 60
2023 $1,766,520 61
2022 $1,708,820 57
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$15,146,315$15,053,268$16,598,579
Revenue$1,771,237$296,714$299,427
Expenses$1,678,156$1,841,980$1,828,674
Qualifying Distributions$1,618,019$1,785,058$1,727,284
Net Investment Income$1,707,915$239,792$189,077
Distributable Amount$864,481$833,016$917,786

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 23, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 2, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS July 8, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists EJ Gallagher III as president; Mary Kay Beecher as vice president; Nancy Fischer as secretary; John J Burns as treasurer; and Kathryn Beecher Kolck and Gail Gallagher as directors.

The Gallagher Family Foundation is led by Ej Gallagher III, President on every filing since 2020; all 6 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Ej Gallagher III

    President

    On filings since 2020

    4 hrs/week

    $1K (2020) → $1K (2024)

  • Gail Gallagher

    Director

    On filings since 2020

    1 hr/week

    $1K (2020) → $1K (2024)

  • Kathryn Beecher Kolck

    Director

    On filings since 2020

    1 hr/week

    $1K (2020) → $1K (2024)

  • John J. Burns

    Treasurer

    On filings since 2020

    4 hrs/week

    $1K (2020) → $1K (2024)

  • Mary Kay Beecher

    Vice President

    On filings since 2020

    4 hrs/week

    $1K (2020) → $1K (2024)

  • Nancy Fischer

    Secretary

    On filings since 2020

    4 hrs/week

    $7K (2020) → $6K (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Nancy Fischer — Secretary: $6KNancy FischerSecretary$6KEj Gallagher III — President: $1KEj Gallagher IIIPresident$1KMary Kay Beecher — Vice-Pres: $1KMary Kay BeecherVice-Pres$1KJohn J Burns — Treasurer: $1KJohn J BurnsTreasurer$1KKathryn Beecher Kolck — Director: $1KKathryn Beecher KolckDirector$1KGail Gallagher — Director: $1KGail GallagherDirector$1K

The highest reported compensation on the 2024 filing was $6K, to Nancy Fischer (Secretary). 6 officers or directors reported compensation on that filing.

Contact

Mailing address: PO Box 1351, Waterloo, IA 50704
Phone: (319) 610-2941

Frequently asked questions about The Gallagher Family Foundation

How much does The Gallagher Family Foundation give each year?

The Gallagher Family Foundation gave $1.6M across 60 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.8M across 61 grants.

What is The Gallagher Family Foundation's typical grant size?

The Gallagher Family Foundation's median grant in 2024 was $10,000, and its average grant was $26,658, across 60 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Gallagher Family Foundation that year got $20K on average.

Where does The Gallagher Family Foundation give grants?

The Gallagher Family Foundation gives mostly in Iowa: 95% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Waterloo, IA (31 grants), Dubuque, IA (11 grants), Cedar Falls, IA (6 grants) and Des Moines, IA (2 grants).

Does The Gallagher Family Foundation give general operating support?

Not in 2024: none of the 60 grants with a stated purpose on The Gallagher Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education Support" (60 grants).

Who are The Gallagher Family Foundation's largest grantees?

The Gallagher Family Foundation's largest 2024 grantees include Clarke University ($348,333), Loras College ($315,000) and St Edward's Catholic Church ($80,000), according to its 2024 IRS Form 990-PF. Together they received 46% of its itemized 2024 grant dollars.

How large is The Gallagher Family Foundation?

The Gallagher Family Foundation reported $15.1M in total assets on its 2024 IRS Form 990-PF. It paid out $1.6M in qualifying distributions that year, against a required minimum of $864K (roughly 5% of its investment assets).

What does The Gallagher Family Foundation fund?

No mission statement for the foundation is provided. Its 2024 filing lists each grant’s purpose as “education support.” Recipients included colleges and universities, Catholic schools and churches, a museum, a food bank, legal aid, and hospice organizations. See mission & focus areas ↑

How do I apply for a grant from The Gallagher Family Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Gallagher Family Foundation's EIN?

The Gallagher Family Foundation's EIN (Employer Identification Number) is 42-1362579. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Gallagher Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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