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Private Foundation · IA

R J Mcelroy Trust

Waterloo, IA  ·  EIN 426173496  ·  Website ↗  ·  990s on ProPublica ↗

Assets

$39.7M

Total Giving

$9.2M

Grants on File

120

Average Grant

$77K

Giving Radius

Where R J Mcelroy Trust Has Given

AK — no grants on file AL — no grants on file AR — no grants on file AZ — no grants on file CA — $15K across 1 grant CO — no grants on file CT — no grants on file DC — no grants on file DE — no grants on file FL — no grants on file GA — no grants on file HI — no grants on file IA — $9.1M across 115 grants ID — no grants on file IL — no grants on file IN — no grants on file KS — $15K across 1 grant KY — no grants on file LA — no grants on file MA — $25K across 1 grant MD — no grants on file ME — no grants on file MI — no grants on file MN — no grants on file MO — $650 across 1 grant MS — no grants on file MT — no grants on file NC — no grants on file ND — no grants on file NE — no grants on file NH — no grants on file NJ — no grants on file NM — no grants on file NV — no grants on file NY — no grants on file OH — no grants on file OK — no grants on file OR — no grants on file PA — no grants on file RI — no grants on file SC — no grants on file SD — no grants on file TN — no grants on file TX — no grants on file UT — no grants on file VA — $10K across 1 grant VT — no grants on file WA — no grants on file WI — no grants on file WV — no grants on file WY — no grants on file
Historical grants to 117 recipients across 6 states. Top concentrations: SCHEDULED ($6.6M, 3 grants), WATERLOO ($1.3M, 44 grants), CEDAR FALLS ($501K, 27 grants), DECORAH ($205K, 2 grants), WAVERLY ($181K, 6 grants).

Section I

How to Apply

Grant applications are filled out online through the website at www.mcelroytrust.org. Applications must include the project name, project summary, start/end date, how the grant aligns with McElroy's strategic mission, type of funding needed, total cost of project, and how much funding is requested.

On Unsolicited Proposals yes

Restrictions

Education projects - youth in northeast Iowa.

Section IV

Recent Grants

Recipient Amount Year
Scheduled - Attached $1.9M 2020
Scheduled - Attached $2.5M 2021
Scheduled - Attached $2.2M 2022
Butler County Conservation $10K 2023
Cedar Falls High School $750 2023
Cedar Heights Elementary $400 2023
Cedar Falls Educational Support Ctr $400 2023
Cedar Valley Angels $15K 2023
Cedar Valley Bicycle Collective $5K 2023
Cedar Valley Catholic Schools $1K 2023
Cedar Valley Preschool & Childcare $60K 2023
Central Rivers Aea Foundation $13K 2023
Christian Community Development $40K 2023
City of Elkader $5K 2023
Comm in Schools of Mid-America $15K 2023
College Hill Partnership $30K 2023
Dan Gable Museum $400 2023
Embracing Explorations $30K 2023
Experience Waterloo $2K 2023
Family & Children's Council $15K 2023
First in Iowa $25K 2023
Four Oaks Family & Children's Svcs $4K 2023
Friends of Mercyone Waterloo $7K 2023
Girl Scouts of Eastern Ia $20K 2023
Cedar Heights Parents Teachers $12K 2023

Page 1 of 5 · 120 total

Section V

Board of Directors

  • RALEIGH D BUCKMASTER TRUSTEE
  • RICHARD C YOUNG TRUSTEE
  • JAMES B WATERBURY TRUSTEE
  • KATHY FLYNN TRUSTEE
  • ROBERT L SMITH JR TRUSTEE
  • MICHAEL R YOUNG TRUSTEE
  • SALLY HOLLIS TRUSTEE
  • MEGAN MCKENZIE EXECUTIVE DI
  • RALEIGH D BUCKMASTER TRUSTEE
  • RICHARD C YOUNG TRUSTEE
  • JAMES B WATERBURY TRUSTEE
  • KATHY FLYNN TRUSTEE
  • ROBERT L SMITH JR TRUSTEE
  • MICHAEL R YOUNG TRUSTEE
  • SALLY HOLLIS TRUSTEE
  • MEGAN MCKENZIE EXECUTIVE DI
  • RALEIGH D BUCKMASTER TRUSTEE
  • RICHARD C YOUNG TRUSTEE
  • JAMES B WATERBURY TRUSTEE
  • KATHY FLYNN TRUSTEE
  • ROBERT L SMITH JR TRUSTEE
  • MICHAEL R YOUNG TRUSTEE
  • SALLY HOLLIS TRUSTEE
  • MEGAN MCKENZIE EXECUTIVE DI
  • RALEIGH BUCKMASTER TRUSTEE
  • JAMES WATERBURY TRUSTEE
  • KATHY FLYNN TRUSTEE
  • ROBERT SMITH JR TRUSTEE
  • MICHAEL YOUNG TRUSTEE
  • SALLY HOLLIS TRUSTEE
  • MEGAN MCKENZIE EXECUTIVE DI

Section VI

Filing History

Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.

Year Total Assets Qualifying Distributions Total Revenue Total Expenses
2023 $40.1M $2.4M $1.7M $3.5M
2022 $41.9M $2.6M $4.2M $3.0M
2021 $40.7M $2.6M $4.7M $3.3M
2020 $39.3M $2.2M $2.7M $2.6M
2019 $39.2M $2.3M $676K $2.7M
2015 $41.3M $2.2M $2.8M $2.8M
2014 $41.3M $2.2M $5.0M $2.8M
2013 $39.2M $2.1M $3.7M $2.7M
2012 $38.2M $1.9M $2.2M $2.2M
2011 $38.2M $2.0M $3.6M $2.6M