The Trustees of Grinnell College
SEE SCHEDULE O.
Financial Overview
From 2024 IRS Form 990-PF
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
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| 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
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Trustees of Grinnell College fund?
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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 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Iowa $837K (92%)
California $50K (5%)
Tennessee $25K (3%)
States
Cities
CEDAR RAPIDSGRINNELLMARSHALLTOWNMEMPHISMONTEZUMASAN FRANCISCO
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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