The Joe and Patty Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IOWA CITY, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $872K in total assets. In 2024, it awarded 2 grants totaling $52K. Net investment income was $46K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$872K
-1.0% YoY
Annual Giving
$52K
-18.3% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$26K
-18.3% YoY
About The Joe and Patty Foundation
Based on IRS filings
The Joe and Patty Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IOWA CITY, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $872K in total assets. In 2024, it awarded 2 grants totaling $52K. Net investment income was $46K.
Focus Areas
Ready to take the next step with The Joe and Patty Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $872,007 | $880,650 | $973,750 |
| Revenue | $58,935 | $-9,840 | $225,189 |
| Expenses | $66,493 | $82,035 | $84,076 |
| Qualifying Distributions | $54,440 | $65,750 | $72,110 |
| Net Investment Income | $46,144 | $19,120 | $212,992 |
| Distributable Amount | $64,835 | $60,308 | $65,884 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH D LEE | VICE-PRESIDENT/SECRETARY | 1 | — |
| PATRICIA LEE | PRESIDENT/TREASURER | 1 | — |
| MASON LEE | DIRECTOR | 1 | — |
| MACKENZIE LEE JACOBSON | DIRECTOR | 1 | — |
| CONNOR LEE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Main Street Fort Dodge Inc
FORT DODGE, IA
Assets
$315K
Grants
1
Total Given
$25K
John & Beverly Anderson Charitable Trust
VINTON, IA
Assets
—
Grants
18
Total Given
$22K
Barbara Jean Couturier Charitable T
DAVENPORT, IA
Assets
—
Grants
0
Total Given
—
The Joseph Andres Family Foundation
OKOBOJI, IA
Assets
—
Grants
6
Total Given
$7K
Lohse Family Foundation
BONDURANT, IA
Assets
—
Grants
2
Total Given
$400K
Vande Brake Family Foundation
ORANGE CITY, IA
Assets
$172K
Grants
6
Total Given
$47K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Joe and Patty Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities