R J McElroy Trust
Accepts applications
R J McElroy Trust is a private foundation in Waterloo, Iowa. In tax year 2024 it gave $2.1 million in 93 grants; the typical grant was $5,000 and the largest $615,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$2.1 million
- Number of grants93
- Typical grant$5,000
- Largest grant$615,000
- Assets$52.8 million
- New grantees41%
Giving in 2024 was down from $2.6 million the year before.
41% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $2.2 million | 1 | $49.6 million |
| 2023 | $2.6 million | 117 | $50.6 million |
| 2024 | $2.1 million | 93 | $52.8 million |
How to apply
| Contact | Megan McKenzie 425 Cedar St, Suite 312, Waterloo, IA 50701 |
|---|---|
| Phone or email | (319) 287-9102 |
| What to submit | 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 |
What R J McElroy Trust funds
Where it gives
Its grants went to recipients in 4 states, the most to Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 90 | $2.0 million |
| California | 1 | $20,000 |
| Virginia | 1 | $10,000 |
| Oklahoma | 1 | $500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Waterloo Leisure Services | Program/operating support | $615,000 |
| Waterloo Community Schools | Program support | $216,900 |
| Hawkeye Comm College Foundation | Scholarships/program support | $160,500 |
| Uni Foundation | Program support | $140,000 |
| Youth Art Team | Program support | $75,000 |
| YWCA | Program support | $50,500 |
| Iowa Natural Heritage Foundation | Program support | $50,000 |
| Leader Valley | Program support | $50,000 |
| Nashua Plainfield School District | Program support | $50,000 |
| Riyo | Program support | $50,000 |
| Keystone Area Education Agency | Program support | $32,800 |
| Grout Museum District | Program support | $30,000 |
| Junior Achievement of Eastern Ia | Program support | $25,000 |
| Little Knights Learning Center | Operating support | $25,000 |
| One Cedar Valley | Program support | $25,000 |
| Volunteer Center of Cedar Valley | Program support | $21,500 |
| Waterloo Community Playhouse | Operating support | $20,750 |
| Central Rivers Aea Foundation | Teaching grants | $20,000 |
| City of Wellsburg | Program support | $20,000 |
| Iowa Legal Aid | Operating support | $20,000 |
| Vision to Learn | Medical support | $20,000 |
| Northeast Iowa Food Bank | Program support | $17,000 |
| Cedar Valley Angels | Program support | $15,000 |
| Embracing Explorations | Program support | $15,000 |
| Girl Scouts of Eastern Ia | Program support | $15,000 |
| Northeast Ia Comm College Found | Operating support | $15,000 |
| Pied Piper Preschool of Traer | Program support | $15,000 |
| Successlink | Program support | $15,000 |
| Waterloo Community Foundation | Operating support | $15,000 |
| WCF Symphony | Educational support | $15,000 |
| Individual | Fellowship stipend | $12,000 |
| Individual | Fellowship stipend | $12,000 |
| Individual | Fellowship stipend | $12,000 |
| Individual | Fellowship stipend | $12,000 |
| Ijag | Program support | $10,000 |
| Job Foundation | Program support | $10,000 |
| National Inventors Hall of Fame | Program support | $10,000 |
| Plentiful Pantry | Program support | $10,000 |
| Waterloo Center for the Arts | Program support | $9,000 |
| Cedar Valley Preschool & Childcare | Operating support | $7,000 |
Officers and trustees
- James Waterbury
- Robert Smith Jr
- Michael Young
- Sally Hollis
- Megan McKenzie
- Raleigh Buckmaster
- Kathy Flynn
Questions people ask
Does R J McElroy Trust accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: The trust considers grant proposals throughout the year..
How much does R J McElroy Trust give?
$2.1 million in tax year 2024, across 93 grants, with a typical grant of $5,000.
Who runs R J McElroy Trust?
Its 2024 filing lists James Waterbury (Trustee), Robert Smith Jr (Trustee), Michael Young (Trustee) and Sally Hollis (Trustee) among 7 officers and trustees.
What does R J McElroy Trust fund?
Based on its grants, mainly education, arts and culture and youth programs.