Geisler Penquite Corporation

Organization Overview

Geisler Penquite Corporation is located in Newton, IA. The organization was established in 1971. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Geisler Penquite Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Geisler Penquite Corporation generated $8.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 46.8% each year . All expenses for the organization totaled $901.3k during the year ending 12/2022. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Geisler Penquite Corporation has awarded 136 individual grants totaling $4,965,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Dan Skokan
President/treasurer
$0
Sheri Roslien
Secretary
$0
Noreen Otto
Director
$0
Eugene Knoph
Director
$0
Eric Sickler
Vice Chair
$0
John Roslien
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $10,000
Interest on Savings $14,031
Dividends & Interest $305,110
Net Rental Income$0
Net Gain on Sale of Assets $7,927,732
Capital Gain Net Income $7,927,732
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,315
Total Revenue $8,358,188

Grants Awarded

Over the last fiscal year, Geisler Penquite Corporation has awarded $800,000 in support to 17 organizations.

Grant RecipientAmount

ISU EXTENSION AND OUTREACH

PURPOSE: ENDOWMENT FUND

$20,000

GREATER DES MOINES HABITAT FOR HUMANITY

PURPOSE: ENDOWMENT FUND

$20,000

JASPER COUNTY HISTORICAL SOCIETY

PURPOSE: ENDOWMENT FUND

$20,000

NEWTON DOLLARS FOR SCHOLARS

PURPOSE: ENDOWMENT FUND

$20,000

NEWTON YMCA

PURPOSE: ENDOWMENT FUND

$20,000

PROGRESS INDUSTRIES FOUNDATION

PURPOSE: ENDOWMENT FUND

$20,000
View Grant Profile

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$55,268,450
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$68,904,176
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$111,485,176
Pritzker Foundation
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$36,193,620
William R Kenan Jr Charitable Trust
Chicago, IL
$81,478,601
John Deere Foundation
Moline, IL
$17,667,361
Hall Family Foundation
Kansas City, MO
$87,869,006
Circle Of Service Foundation
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$55,153,209
Alsam Foundation
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$9,030,574
Bader Philanthropies Inc
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$41,185,717
Abbvie Foundation
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$12,199,592
Allstate Foundation
Northbrook, IL
$1,423,477
Marion And Henry Bloch Family Foundation
Kansas City, MO
$30,186,820
Polk Bros Foundation Inc
Chicago, IL
$57,050,478
Patterson Family Foundation
Kansas City, MO
$14,332,622
Ace Hardware Foundation
Oak Brook, IL
$22,144,186
Kiewit Companies Foundation
Milwaukee, WI
$36,875,183
Buffett Early Childhood Fund
Omaha, NE
$30,270,828
Northwest Area Foundation
St Paul, MN
$54,713,221

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