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Form 990-PFTax year 2024EIN 84-1210699

Adler Schermer Foundation

A private foundation in Davenport, IA. Its return for tax year 2024 lists 4 grants and $445,000 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

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

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

  • Tax year 2024

    $445,000

    Grants listed
    4
    Assets, end of year
    $4,536,334

  • Tax year 2023

    $558,633

    Grants listed
    20
    Assets, end of year
    $4,398,911

  • Tax year 2022

    $174,600

    Grants listed
    11
    Assets, end of year
    $4,565,216

  • Tax year 2021

    $285,344

    Grants listed
    25
    Assets, end of year
    $6,212,300

  • Tax year 2020

    $285,578

    Grants listed
    22
    Assets, end of year
    $5,218,120

  • Tax year 2019

    $551,670

    Grants listed
    28
    Assets, end of year
    $4,827,210

  • Tax year 2018

    $357,700

    Grants listed
    27
    Assets, end of year
    $4,869,640

Grants paid in 2024

4 grants, largest first

As listed on the return.

  1. Rivermont CollegiateBettendorf, IA

    Academic excellence and maximizing the potential of each student

    $300,000
  2. The State University of Iowa FoundationIowa City, IA

    Schermer nursing fund, neurosurgery research and development fund, & ocular oncology excellence fund

    $100,000
  3. Spring Forward Learning CenterMoline, IL

    Provide educational and enrichment opportunities to families in the community

    $25,000
  4. Anderson Ranch Arts CenterSnowmass VLG, CO

    Provide instruction in the fine arts for children and adults

    $20,000

Where the money goes

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

  1. Education3 grants $425,00096% of the total
  2. Arts and culture1 grant $20,0004% of the total

By State

Grants to organizations with a US address, latest year.

  1. Iowa2 grants $400,000
  2. Illinois1 grant $25,000
  3. Colorado1 grant $20,000

Officers, directors and trustees

3 people as filed

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

  • Lloyd G SchermerDIRECTOR Hours 1Pay $0
  • Grant SchermerDIRECTOR Hours 1Pay $0
  • Greg SchermerDIRECTOR Hours 1Pay $0

The return

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