GrantAuthority

Greater Oelwein Area Charitable Foundation Inc

Grantmaking foundation in Oelwein, Iowa · EIN 42-1506967

Total giving
$65KTax year 2023
Total assets
$3.2MLatest reported
Latest IRS filing
2023Form 990 / 990-PF

Mission

CHARITABLE AND EDUCATIONAL PURPOSES - (1) TO RAISE MONEY FOR THE CONSTRUCTION AND OPERATION OF A COMMUNITY ARTS/PERFORMANCE CENTER AND A RECREATION/WELLNESS CENTER. TO BE OPERATED BY A 28E COMMITTEE COMPOSED OF THE CITY OF OELWEIN & THE OELWEIN COMMUNITY SCHOOL DISTRICT. WILL BENEFIT OVER 10,000 RESIDENTS OF THE SURROUNDING AREA.(2) TO RAISE MONEY AND CONSTRUCT A REGIONAL ACADEMY FOR MATH AND SCIENCE TO BE OPERATED BY A 28E AGREEMENT COMPOSED OF THE FOUNDATION, THE OELWEIN COMMUNITY SCHOOL DISTRICT AND NORTHEAST IOWA COMMUNITY COLLEGE.THE FOUNDATION LEASES THE ACADEMY TO THE NORTHEAST IOWA COMMUNITY COLLEGE WITH THE PROCEEDS GOING TO PAY THE DEBT SERVICE OWED TO THE USDA-RD.3) MISCELLANEOUS CONTRIBUTIONS ARE RECEIVED TO SUPPORT WELLNESS SCHOLARSHIPS, AND OTHER CHARITABLE AND EDUCATIONAL PROJECTS.

Quoted from the foundation's IRS filing.

Giving by year

$29K2017
$28K2020
$67K2021
$79K2022
$65K2023

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
American Legion - Post #9$61K2022
Vfw Post 1725$10K2022
Williams Center Inc$5.5K2022

Amounts are rounded. The full grantee list is available with a free account.

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Source: IRS Form 990 and 990-PF filings, tax year 2023. Also see this organization on ProPublica Nonprofit Explorer.