Adler Schermer Foundation
Preselected recipients only
Adler Schermer Foundation is a private foundation in Davenport, Iowa. In tax year 2024 it gave $445,000 in 4 grants; the typical grant was $62,500 and the largest $300,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$445,000
- Number of grants4
- Typical grant$62,500
- Largest grant$300,000
- Assets$4.5 million
- New grantees25%
Giving in 2024 was down from $558,633 the year before.
25% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $558,633 | 20 | $4.4 million |
| 2024 | $445,000 | 4 | $4.5 million |
How to apply
Adler Schermer Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Adler Schermer Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 2 | $400,000 |
| Illinois | 1 | $25,000 |
| Colorado | 1 | $20,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Rivermont Collegiate | Academic excellence and maximizing the potential of each student | $300,000 |
| The State University of Iowa Foundation | Schermer nursing fund, neurosurgery research and development fund, & ocular oncology excellence fund | $100,000 |
| Spring Forward Learning Center | Provide educational and enrichment opportunities to families in the community | $25,000 |
| Anderson Ranch Arts Center | Provide instruction in the fine arts for children and adults | $20,000 |
Officers and trustees
- Lloyd G Schermer
- Grant Schermer
- Greg Schermer
Questions people ask
Does Adler Schermer Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Adler Schermer Foundation give?
$445,000 in tax year 2024, across 4 grants, with a typical grant of $62,500.
Who runs Adler Schermer Foundation?
Its 2024 filing lists Lloyd G Schermer (Director), Grant Schermer (Director) and Greg Schermer (Director).
What does Adler Schermer Foundation fund?
Based on its grants, mainly education.