SEE SCHEDULE O.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.2B
+5.6% YoY
Annual Giving
$158K
+35.3% YoY
Grant Count
10
-9.1% YoY
Avg Grant Size
$16K
+48.8% YoY
About The Trustees of Grinnell College
Based on IRS filings
The Trustees of Grinnell College is a nonprofit organization focused on Education, based in GRINNELL, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2B in total assets. In 2024, it awarded 10 grants totaling $158K. Net investment income was $250.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,191,620,072 | $3,023,180,797 | $2,988,511,926 |
| Revenue | $397,436,581 | $364,446,425 | $351,194,994 |
| Expenses | $247,771,574 | $236,823,739 | $212,302,506 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $250,201,756 | $218,746,047 | $210,484,205 |
| Distributable Amount | — | — | — |
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 2024
Grant Size Distribution
41 grants across all recorded years
Open Grants
1 open opportunity from The Trustees of Grinnell College
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ahrens Park Foundation ($35,000), Grinnell School of Music ($29,680), Grinnell Regional Medical Center ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CITY OF GRINNELL GRINNELL, IA | GENERAL SUPPORT | $23,674 |
| GREATER POWESHIEK COMMUNITY FOUNDATION GRINNELL, IA | GENERAL SUPPORT | $5,500 |
| GRINNELL AREA CHAMBER OF COMMERCE GRINNELL, IA | GENERAL SUPPORT | $7,432 |
| GRINNELL FIRE AUXILIARY GRINNELL, IA | GENERAL SUPPORT | $7,315 |
| GRINNELL REGIONAL MEDICAL CENTER GRINNELL, IA | GENERAL SUPPORT | $25,000 |
| GRINNELL SCHOOL OF MUSIC GRINNELL, IA | GENERAL SUPPORT | $29,680 |
| GRINNELL-NEWBURG COMMUNITY SCHOOL GRINNELL, IA | GENERAL SUPPORT | $5,950 |
| LINK INC GRINNELL, IA | GENERAL SUPPORT | $10,884 |
| MICA GRINNELL, IA | GENERAL SUPPORT | $7,200 |
| AHRENS PARK FOUNDATION GRINNELL, IA | GENERAL SUPPORT | $35,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAINEN THAYER | CHIEF INVESTMENT OFFICER | 60 | $1,033,208 |
| ANNE HARRIS | PRESIDENT | 60 | $627,118 |
| VALBONA SCHWAB | DEPUTY CHIEF INVESTMENT OFFICER | 50 | $619,746 |
| GERMAINE Y GROSS | VP FINANCE & TREASURER | 60 | $409,550 |
| LACEY F JOHNSON | MANAGING DIRECTOR | 50 | $401,394 |
| BERONDA L MONTGOMERY | DEAN & VP ACADEMIC AFFAIRS | 60 | $307,129 |
| JOSEPH P BAGNOLI | VP ENROLLMENT & DEAN OF ADMISSION | 60 | $275,996 |
| ROBERT WELCH | DIRECTOR OF INVESTMENTS | 50 | $254,890 |
| ELLEN F DE GRAFFENREID | VP COMMUNICATION & MARKETING | 60 | $229,703 |
| HENRY W MOYER | PROFESSOR OF POLITICAL SCIENCE | 50 | $236,632 |
| NANCY L COMBS | ASSOCIATE VP FINANCE & ASST TREASURER | 50 | $217,431 |
| MYRNA Y HERNANDEZ | CHIEF OF STAFF & VP ADMINISTRATION | 60 | $212,283 |
| JANA L GRIMES | VP HUMAN RESOURCES | 60 | $212,067 |
| ELAINE M MARZLUFF | PROFESSOR OF CHEMISTRY | 50 | $177,651 |
| MARGARET E BAIR | DIRECTOR OF BOARD RELATIONS | 50 | $109,637 |
| MICHAEL B KAHN | TRUSTEE & BOARD CHAIR | 7 | — |
| CHRISTINA R CUTLIP | TRUSTEE & VICE-CHAIR | 4 | — |
| MATTHEW E WELCH | TRUSTEE & VICE-CHAIR | 4 | — |
| ODILE DISCH-BHADKAMKAR | TRUSTEE | 3 | — |
| JEETANDER DULANI | TRUSTEE | 2 | — |
| SHELLEY FLOYD | TRUSTEE | 3 | — |
| JULIE GOSSELINK | TRUSTEE | 2 | — |
| JON GRAY | TRUSTEE | 2 | — |
| GRACIELA GUZMAN | TRUSTEE | 2 | — |
| BERNARD JACKSON JR | TRUSTEE & ALUMNI COUNCIL PRESIDENT | 2 | — |
| KEITH A JANTZEN | TRUSTEE | 3 | — |
| BRUCE KOFF | TRUSTEE | 2 | — |
| KIMBERLY A KUNCL | TRUSTEE | 2 | — |
| TOBI KLEIN MARCUS | TRUSTEE | 3 | — |
| DAVID E MAXWELL | TRUSTEE | 2 | — |
| KATHRYN MOHRMAN | TRUSTEE (UNTIL 5/24) | 2 | — |
| GEORGE MOOSE | TRUSTEE | 2 | — |
| JEANNE MYERSON | TRUSTEE | 3 | — |
| YUKI NARULA | TRUSTEE | 2 | — |
| ANGELA ONWUACHI-WILLIG | TRUSTEE | 3 | — |
| STEVE PICKLE | TRUSTEE | 2 | — |
| NANCY L RADERMECHER | TRUSTEE | 3 | — |
| GABE RODRIGUEZ | TRUSTEE | 2 | — |
| LAURA SANDER | TRUSTEE | 2 | — |
| STEPHEN SANDQUIST | TRUSTEE | 2 | — |
| W ED SENN | TRUSTEE (UNTIL 3/24) | 2 | — |
| HAM SERUNJOGI | TRUSTEE | 2 | — |
| KRISTIN STOUT | TRUSTEE | 3 | — |
| SHERYL WALTER | TRUSTEE | 2 | — |
| ERIC E WHITAKER | TRUSTEE (UNTIL 5/24) | 2 | — |
| CONNIE WIMER | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Trustees of Grinnell College?
The Trustees of Grinnell College is a nonprofit organization focused on Education, based in GRINNELL, IA. It holds $3.2B in total assets as of 2024.
How large is The Trustees of Grinnell College?
As of 2024, The Trustees of Grinnell College holds $3.2B in total assets with $397.4M in annual revenue. It awarded 10 grants totaling $158K in 2024.
Where does The Trustees of Grinnell College operate?
The Trustees of Grinnell College has awarded grants in California, Iowa, Tennessee.
What size grants does The Trustees of Grinnell College award?
In 2024, The Trustees of Grinnell College awarded 10 grants totaling $158K — an average of about $16K per grant, based on its IRS Form 990 filings.
What is The Trustees of Grinnell College's EIN?
The Trustees of Grinnell College's EIN (Employer Identification Number) is 42-0680387. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Trustees of Grinnell College's focus areas in our free grants database
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Funders that support many of the same organizations
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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