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Foundations / Iowa

The Geisler-Penquite Foundation

Accepts applications Newton, Iowa · EIN 237103845

The Geisler-Penquite Foundation is a private foundation in Newton, Iowa. In tax year 2024 it gave $16.7 million in 17 grants; the typical grant was $381,119 and the largest $9.1 million. It accepts applications; its filing gives the instructions below.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was up from $800,000 the year before.

6% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$800,00017$15.8 million
2024$16.7 million17$0

How to apply

ContactDan Skokan
PO Box 924, Newton, IA 50208
Phone or email(641) 791-2874
What to submitLetter which states amount of request and charitable purpose for the request

As written in the foundation's IRS filing for tax year 2024. Details may have changed since.

IRS filings on ProPublica

What The Geisler-Penquite Foundation funds

Where it gives

All of its grants went to recipients in Iowa.

StateGrantsAmount
Iowa17$16.7 million

Grants paid in 2024

All 17 grants
RecipientPurposeAmount
Central College
Pella, IA
Endowment fund$9.1 million
Jasper Community Foundation-Newton
Newton, IA
Endowment fund$2.0 million
Jasper County Historical Society
Newton, IA
Endowment fund$382,861
Newton YMCA
Newton, IA
Endowment fund$382,861
Progress Industries Foundation
Newton, IA
Endowment fund$382,861
Colfax-Mingo Scholarships
Colfax, IA
Endowment fund$382,861
Mercy One Newton
Newton, IA
Endowment fund$382,861
Isu Extension and Outreach
Newton, IA
Endowment fund$381,990
Newton Dollars for Scholars
Newton, IA
Endowment fund$381,119
Baxter Community Educational
Baxter, IA
Endowment fund$380,988
Project Awake
Newton, IA
Endowment fund$379,377
Jasper Community Foundation-Mingo
Newton, IA
Endowment fund$375,022
Wesley Park Centre Assisted Living
Newton, IA
Endowment fund$373,977
Centre for Arts and Artists
Newton, IA
Endowment fund$370,014
Iowa Sculpture Festival
Newton, IA
Endowment fund$370,014
Greater Des Moines Habitat for Humanity
Newton, IA
Endowment fund$368,926
Sheepgate
Colfax, IA
Endowment fund$356,515

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does The Geisler-Penquite Foundation accept grant applications?

Yes. Its latest IRS filing says it accepts applications.

How much does The Geisler-Penquite Foundation give?

$16.7 million in tax year 2024, across 17 grants, with a typical grant of $381,119.

Who runs The Geisler-Penquite Foundation?

Its 2024 filing lists Dan Skokan (President/Treasurer), Sheri Roslien (Secretary), Noreen Otto (Director) and Eugene Knoph (Director) among 7 officers and trustees.

What does The Geisler-Penquite Foundation fund?

Based on its grants, mainly education, community development and arts and culture.

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