Form 990 for tax year 2024
Filed by IOWA SCOTTISH RITE MASONIC FOUNDATION.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2024 , filed 16 December 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
Those are the same on the two returns, so the amendment changed something else.
Totals
- Total revenue
- $2,078,422
- Total expenses
- $400,765
- Contributions and grants received
- $1,388,152
- Grants paid
- $247,772
- Program service revenue
- $0
- Investment income
- $637,357
- Other revenue
- $52,913
- Total assets, end of year
- $10,271,426
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $10,271,426
- Program services expenses (Part IX)
- $286,694
- Management and general expenses
- $88,721
- Fundraising expenses
- $25,350
- Program service expenses (Part III)
- $286,694
Program services were 71.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,388,152
-
3 · Investment income
total $275,401 · excluded $275,401
-
7a · Gross sales of assets other than inventory
securities $1,790,083
-
7b · Less cost or other basis and sales expenses
securities $1,428,127
-
7c · Gain or loss
securities $361,956
-
7d · Net gain or loss
total $361,956 · excluded $361,956
-
11a · Other revenue: MISCELLANEOUS
total $52,913 · excluded $52,913
-
11e · Other revenue, total
$52,913
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $217,772 · program services $217,772
-
2 · Grants to domestic individuals
total $30,000 · program services $30,000
-
5 · Compensation of officers, directors and key employees
total $34,850 · management and general $34,850
-
10 · Payroll taxes
total $2,666 · management and general $2,666
-
11c · Fees: accounting
total $16,421 · management and general $16,421
-
11f · Fees: investment management
total $38,922 · program services $38,922
-
13 · Office expenses
total $12,036 · management and general $6,772 · fundraising $5,264
-
16 · Occupancy
total $4,500 · management and general $4,500
-
17 · Travel
total $2,623 · fundraising $2,623
-
19 · Conferences, conventions and meetings
total $112 · fundraising $112
-
23 · Insurance
total $21,321 · management and general $21,321
-
24a · Other expenses: EDUCATIONAL EVENTS
total $11,502 · fundraising $11,502
-
24b · Other expenses: HERITAGE FUND
total $4,330 · fundraising $4,330
-
24c · Other expenses: MISCELLANEOUS
total $2,191 · management and general $2,191
-
24d · Other expenses: PRINTING
total $1,519 · fundraising $1,519
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $82,187
-
2 · Savings and temporary cash investments
beginning of year $296,780 · end of year $392,394
-
4 · Accounts receivable
end of year $661,607
-
9 · Prepaid expenses and deferred charges
beginning of year $21,214 · end of year $21,212
-
11 · Investments: publicly traded securities
beginning of year $7,733,169 · end of year $9,101,939
-
12 · Investments: other securities
beginning of year $12,087 · end of year $12,087
-
25 · Other liabilities
beginning of year $7,237 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $8,056,013 · end of year $9,609,819
-
28 · Net assets with donor restrictions
end of year $661,607
Mission and programs · 2024
Mission
THE ORGANIZATION IS THE JOINT CHARITABLE ARM OF THE FIVE SCOTTISH RITE VALLEYS IN IOWA AND PROVIDES THE ORGANIZATIONAL FRAMEWORK FOR THE FORMAL CHARITABLE GIVING OF IOWA'S SCOTTISH RITE MEMBERS. SEE SCHEDULE O.THE ORGANIZATION HAS THREE AREAS OF FOCUS: RITE CARE, SUPPORT OF PROGRAMS THAT COMBAT ALZHEIMER'S DISEASE, AND LOCAL CHARITABLE EFFORTS.
Activities or mission (Part I)
MAINTAIN FUNDS FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES.
-
RITE CARE AND OTHER LOCAL CHARITABLE EFFORTS - RITE CARE IS A PROGRAM TO ASSIST CHILDREN WHO DEMONSTRATE DEFICIENCIES IN A VARIETY OF COMMUNICATION SKILLS, INCLUDING LANGUAGE COMPREHENSION, LANGUAGE EXPRESSION, PHONOLOGICAL AWARENESS AND PRELITERACY SKILLS. THE FOUNDATION HAS PROGRAMS ASSOCIATED WITH THE UNIVERSITY OF NORTHERN IOWA AND ST. AMBROSE UNIVERSITY. IN ADDITION TO THE PROGRAMS THAT SPECIFICALLY BENEFIT CHILDREN, THE ORGANIZATION ALSO FUNDS SCHOLARSHIPS FOR STUDENTS STUDYING TO BECOME SPEECH AND LANGUAGE CLINICIANS. DURING 2024, THE FOUNDATION PROVIDED SCHOLARSHIPS TO 6 STUDENTS, GRANTS TO 2 EDUCATIONAL INSTITUTIONS, AND GRANTS TO 30 CHARITABLE ORGANIZATIONS.
Expenses $234,639 · Grants $205,200
-
THE IOWA SCOTTISH RITE MASONIC FOUNDATION SUPPORTS A VARIETY OF PROGRAMS TO COMBAT THE DEBILITATING DISEASE OF ALZHEIMER'S. THE FOUNDATION FUNDS PROGRAMS IN CONJUCTION WITH THE ALZHEIMER'S ASSOCIATION AND OTHER LOCAL PROGRAMS TO ASSIST BOTH PATIENTS AND CAREGIVERS. DURING 2024, THE FOUNDATION PROVIDED GRANTS TO 1 ORGANIZATION.
Expenses $52,055 · Grants $42,572
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
John M KlausJOHN M KLAUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian PappaducasBRIAN PAPPADUCAS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jeremey MeadJEREMEY MEAD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
H Chris EichmeierH CHRIS EICHMEIER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Bryce B HildrethBRYCE B HILDRETH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William C JacobsonWILLIAM C JACOBSON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Howard C Neese IIHOWARD C NEESE II
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shane HarshbargerSHANE HARSHBARGER
SECRETARY /DIRECTOR DEVELO
- Total calculated
- $34,850
- From this org
- $34,850
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Dennis R SoebbingDENNIS R SOEBBING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steven G JacobsSTEVEN G JACOBS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Robert E Breckenridge IIROBERT E BRECKENRIDGE II
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
John H GhristJOHN H GHRIST
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Thomas D CoxTHOMAS D COX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gary L SisselGARY L SISSEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Charles D YatesCHARLES D YATES
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Robert Myers IIIROBERT MYERS III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas HumbertTHOMAS HUMBERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard O BergezRICHARD O BERGEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Doug B MarxDOUG B MARX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
ALZHEIMER ASSOCIATION IA CHAPTER
$42,572
ALZEHEIMER PROGRAMS
-
$35,000
SPEECH / LANGUAGE DISORDER
-
UNIVERSITY OF NORTHERN IOWA
$35,000
SPEECH / LANGUAGE DISORDER
-
$35,000
SPEECH / LANGUAGE DISORDER
-
PRESERVATION RITE TEMPLE FUNDS
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543089349302939
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