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Foundation Lookup

Form 990-PFTax year 2024EIN 42-6173496

R J McElroy Trust

A private foundation in Waterloo, IA. Its return for tax year 2024 lists 93 grants and $2.1 million paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Megan McKenzie
425 Cedar St, Suite 312
Waterloo, IA 50701
(319) 287-9102
Form and materials
Grant applications are filled out online through their 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.
Deadlines
The trust considers grant proposals throughout the year.
Restrictions
Education projects - youth in northeast iowa

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $2,067,110

    Grants listed
    93
    Assets, end of year
    $39,687,281

  • Tax year 2023

    $2,568,931

    Grants listed
    117
    Assets, end of year
    $40,090,693

  • Tax year 2022

    $2,223,400

    Grants listed
    1
    Assets, end of year
    $41,900,787

  • Tax year 2021

    $2,525,532

    Grants listed
    1
    Assets, end of year
    $40,735,469

  • Tax year 2020

    $1,878,768

    Grants listed
    1
    Assets, end of year
    $39,324,050

  • Tax year 2019

    $2,045,107

    Grants listed
    1
    Assets, end of year
    $39,224,329

  • Tax year 2018

    $2,050,725

    Grants listed
    1
    Assets, end of year
    $41,273,479

Grants paid in 2024

93 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Waterloo Leisure ServicesWaterloo, IA

    Program/operating support

    $615,000
  2. Waterloo Community SchoolsWaterloo, IA

    Program support

    $216,900
  3. Hawkeye Comm College FoundationWaterloo, IA

    Scholarships/program support

    $160,500
  4. Uni FoundationCedar Falls, IA

    Program support

    $140,000
  5. Youth Art TeamWaterloo, IA

    Program support

    $75,000
  6. YWCAWaterloo, IA

    Program support

    $50,500
  7. Iowa Natural Heritage FoundationDes Moines, IA

    Program support

    $50,000
  8. Leader ValleyWaterloo, IA

    Program support

    $50,000
  9. Nashua Plainfield School DistrictNashua, IA

    Program support

    $50,000
  10. RiyoWaterloo, IA

    Program support

    $50,000
  11. Keystone Area Education AgencyElkader, IA

    Program support

    $32,800
  12. Grout Museum DistrictWaterloo, IA

    Program support

    $30,000
  13. Junior Achievement of Eastern IaCedar Rapids, IA

    Program support

    $25,000
  14. Little Knights Learning CenterDysart, IA

    Operating support

    $25,000
  15. One Cedar ValleyWaterloo, IA

    Program support

    $25,000
  16. Volunteer Center of Cedar ValleyWaterloo, IA

    Program support

    $21,500
  17. Waterloo Community PlayhouseWaterloo, IA

    Operating support

    $20,750
  18. Central Rivers Aea FoundationCedar Falls, IA

    Teaching grants

    $20,000
  19. City of WellsburgWellsburg, IA

    Program support

    $20,000
  20. Iowa Legal AidWaterloo, IA

    Operating support

    $20,000
  21. Vision to LearnLos Angeles, CA

    Medical support

    $20,000
  22. Northeast Iowa Food BankWaterloo, IA

    Program support

    $17,000
  23. Cedar Valley AngelsWaterloo, IA

    Program support

    $15,000
  24. Embracing ExplorationsWaterloo, IA

    Program support

    $15,000
  25. Girl Scouts of Eastern IaWaterloo, IA

    Program support

    $15,000
  26. Northeast Ia Comm College FoundPeosta, IA

    Operating support

    $15,000
  27. Pied Piper Preschool of TraerTraer, IA

    Program support

    $15,000
  28. SuccesslinkWaterloo, IA

    Program support

    $15,000
  29. Waterloo Community FoundationWaterloo, IA

    Operating support

    $15,000
  30. WCF SymphonyCedar Falls, IA

    Educational support

    $15,000
  31. Individual

    Fellowship stipend

    $12,000
  32. Individual

    Fellowship stipend

    $12,000
  33. Individual

    Fellowship stipend

    $12,000
  34. Individual

    Fellowship stipend

    $12,000
  35. IjagDes Moines, IA

    Program support

    $10,000
  36. Job FoundationCedar Falls, IA

    Program support

    $10,000
  37. National Inventors Hall of FameAlexandria, VA

    Program support

    $10,000
  38. Plentiful PantryMt Vernon, IA

    Program support

    $10,000
  39. Waterloo Center for the ArtsWaterloo, IA

    Program support

    $9,000
  40. Cedar Valley Preschool & ChildcareCedar Falls, IA

    Operating support

    $7,000
  41. Individual

    Fellowship stipend

    $7,000
  42. Individual

    Fellowship stipend

    $7,000
  43. Cedar Falls High SchoolCedar Falls, IA

    Program support

    $6,000
  44. Love IncCedar Falls, IA

    Program support

    $6,000
  45. City of DelawareDelaware, IA

    Park enhancements

    $5,000
  46. Friends of the FamilyWaterloo, IA

    Operating support

    $5,000
  47. Northeast Ia Council - Boy ScoutsDubuque, IA

    Program support

    $5,000
  48. People's Community Health ClinicWaterloo, IA

    Program support

    $5,000
  49. Individual

    Fellowship stipend

    $5,000
  50. Individual

    Fellowship stipend

    $5,000
  51. Hopkinton Public LibraryHopkinton, IA

    Program support

    $3,000
  52. Elgin Historical SocietyElgin, IA

    Program support

    $2,500
  53. Kidquest Preschool & DaycareAplington, IA

    Operating support

    $2,500
  54. Waverly Shell Rock United WayWaverly, IA

    Program support

    $2,500
  55. Individual

    Fellowship stipend

    $2,500
  56. Individual

    Fellowship stipend

    $2,500
  57. Individual

    Fellowship stipend

    $2,500
  58. Junior League of WaterlooWaterloo, IA

    Operating support

    $2,000
  59. McGregor-Marquette Center for ArtsMC Gregor, IA

    Program support

    $2,000
  60. Unite AcademyWaterloo, IA

    Operating support

    $2,000
  61. Experience WaterlooWaterloo, IA

    Program support

    $1,500
  62. St John's Elementary SchoolIndependence, IA

    Program support

    $1,200
  63. Lincoln ElementaryCedar Falls, IA

    Program support

    $1,110
  64. Cedar Valley Catholic SchoolsWaterloo, IA

    Program support

    $1,000
  65. Alrich ElementaryCedar Falls, IA

    Gold star award

    $1,000
  66. Cedar Falls High SchoolCedar Falls, IA

    Gold star award

    $1,000
  67. Central Middle SchoolWaterloo, IA

    Gold star award

    $1,000
  68. Irving Elementary SchoolWaterloo, IA

    Gold star award

    $1,000
  69. Holmes Junior High SchoolCedar Falls, IA

    Gold star award

    $1,000
  70. Hudson ElementaryHudson, IA

    Gold star award

    $1,000
  71. Immaculate Conception SchoolCharles City, IA

    Gold star award

    $1,000
  72. Lowell PreschoolWaterloo, IA

    Gold star award

    $1,000
  73. Waterloo Career CenterWaterloo, IA

    Gold star award

    $1,000
  74. Waterloo East High SchoolWaterloo, IA

    Gold star award

    $1,000
  75. Individual

    Gold star award

    $1,000
  76. Individual

    Gold star award

    $1,000
  77. Individual

    Gold star award

    $1,000
  78. Individual

    Gold star award

    $1,000
  79. Individual

    Gold star award

    $1,000
  80. Individual

    Gold star award

    $1,000
  81. Individual

    Gold star award

    $1,000
  82. Individual

    Gold star award

    $1,000
  83. Individual

    Gold star award

    $1,000
  84. Individual

    Gold star award

    $1,000
  85. Peet Junior HighCedar Falls, IA

    Program support

    $800
  86. Black Hawk County ConservationWaterloo, IA

    Program support

    $500
  87. National Wrestling Hall of FameStillwater, OK

    Program support

    $500
  88. Individual

    Gold star award

    $400
  89. Holmes Junior HighCedar Falls, IA

    Program support

    $300
  90. Orchard Hill ElementaryCedar Falls, IA

    Program support

    $300
  91. Individual

    Gold star award

    $300
  92. Southdale ElementaryCedar Falls, IA

    Program support

    $200
  93. Individual

    Gold star award

    $50

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Arts and culture5 grants $95,00031% of the total
  2. Environment1 grant $50,00017% of the total
  3. Human services2 grants $40,00013% of the total
  4. Health2 grants $25,0008% of the total
  5. Public affairs1 grant $25,0008% of the total
  6. Community development2 grants $23,5008% of the total
  7. 4 other causes4 grants $44,00015% of the total

By State

Grants to organizations with a US address, latest year.

  1. Iowa66 grants $1,946,360
  2. California1 grant $20,000
  3. Virginia1 grant $10,000
  4. Oklahoma1 grant $500

Officers, directors and trustees

7 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • James WaterburyTRUSTEE Hours 0.1Pay $6,000
  • Robert Smith JrTRUSTEE Hours 0.1Pay $6,000
  • Michael YoungTRUSTEE Hours 0.1Pay $6,000
  • Sally HollisTRUSTEE Hours 0.1Pay $6,000
  • Megan McKenzieEXECUTIVE DI Hours 40Pay $87,500
  • Raleigh BuckmasterTRUSTEE Hours 0.1Pay $3,000
  • Kathy FlynnTRUSTEE Hours 0.1Pay $6,000

The return

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