Iowa P E O Project Fund Inc
- Assets
- $4.0m
- Revenue
- $964.7k
- Investments
- $4.0m
- Employees
- 0
- Location
- Washington, IA
- Founding
- 01/1951
- Data as of
- 03/2022
- EIN
- 42-0722695
Organization Overview
Iowa P E O Project Fund Inc is located in Washington, IA. The organization was established in 1951. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Iowa P E O Project Fund Inc 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 03/2022, Iowa P E O Project Fund Inc generated $964.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $460.6k during the year ending 03/2022. While expenses have increased by 11.0% per year over the past 4 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, Iowa P E O Project Fund Inc has awarded 368 individual grants totaling $2,091,524. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS PAID TO 99 NEEDY INDIVIDUALS.
FUNDING TO COTTEY COLLEGE FOR THEIR SCHOLARSHIP FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Mortenson President | 1 | $0 | |
Joanne Tigges Vice President | 1 | $0 | |
Mindi Rees Treasurer | 1 | $0 | |
Mary Funk Secretary | 1 | $0 | |
Teri Legg Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $155,851 |
| Interest on Savings | $18 |
| Dividends & Interest | $191,407 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $617,425 |
| Capital Gain Net Income | $617,425 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $964,701 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,015 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,007 |
| Total operating and administrative expenses | $19,322 |
| Contributions, gifts, grants paid | $441,276 |
| Total expenses and disbursements | $460,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,975 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,040,571 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,048,546 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Iowa P E O Project Fund Inc has awarded $441,276 in support to 100 organizations.
| Grant Recipient | Amount |
|---|---|
COTTEY COLLEGE PURPOSE: SCHOLARSHIPS | $95,000 |
KATELYN ASMUS PURPOSE: GRANT | $5,000 |
CASEY WOLF PURPOSE: GRANT | $5,000 |
BEVERLY CARPER PURPOSE: GRANT | $5,000 |
JOLENE HANSEN PURPOSE: GRANT | $5,000 |
SONIA VARELA MADRIGAL PURPOSE: GRANT | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Iowa P E O Project Fund Inc has recieved totaling $152,593.
| Awarding Organization | Amount |
|---|---|
Peo Sisterhood International Chapter Des Moines, IA PURPOSE: ScholarshipGrants | $142,933 |
P E O Foundation Des Moines, IA PURPOSE: Welfare Grants | $9,660 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert R Mccormick Foundation Chicago, IL | $1,522,880,168 | $43,489,096 |
William And Ruth Scott Family Foundation Inc Omaha, NE | $135,118,169 | $49,281,960 |
Sibley Medical Center Arlington, MN | $31,684,088 | $18,300,359 |
Be The Match Foundation Minneapolis, MN | $21,284,478 | $21,167,274 |
David F And Margaret T Grohne Family Foundation Western Springs, IL | $161,662,019 | $15,904,271 |
The Burke Foundation Inc Milwaukee, WI | $121,362,007 | $6,169,378 |
Illinois Assistive Technology Program Springfield, IL | $10,127,419 | $6,900,669 |
Stratis Health Minneapolis, MN | $5,273,023 | $5,800,389 |
Crossroads Fund Chicago, IL | $13,233,891 | $8,800,082 |
Saint Therese St Louis Park, MN | $14,478,951 | $6,726,617 |
Vine And Branches Foundation Inc Brookfield, WI | $8,641,827 | $2,521,561 |
Association Of State Floodplain Managers Inc Madison, WI | $3,465,086 | $3,791,524 |