Jensen Scholarship Fund | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Jensen Scholarship Fund. Data shown is extracted from Form 990-PF filings.

EIN: 42-6064999

Foundation Overview

Based in Algona, IA, Jensen Scholarship Fund has awarded 15 grants totaling $10,625 to organizations in Iowa and South Dakota. Individual grants range from $125 to $2,500, with a median award of $250.

Latest Tax Year
2023
Total Giving (all years)
$10,625
Total Assets
$19,861
Median Grant (all grants)
$250

Latest Form 990-PF Snapshot

Total Grants
4
Median Grant
$125
% Median Grant Decline
-34% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Highly Accessible: 100%

4 of 4 recipients (100%) were new grantees. Foundation prioritizes discovering new partners. Most funding supports first-time applicants with compelling missions.

Geographic Focus
Iowa

93% of all grants are concentrated in Iowa, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Iowa, funding concentrates in Pocahontas (21%), Ames (21%), Iowa City (21%).

Funding Trajectory
-80%

Declining funding trend with 80% decrease over 7 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
Education

Highly focused on education with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Jensen Scholarship Fund's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Iowa Lakes Community College $125 Estherville, IA, US Scholarships For Pocahontas Area High School Graduates 2023
Northwest Iowa Community College $125 Sheldon, IA, US Scholarships For Pocahontas Area High School Graduates 2023
South Dakota State University $125 Brookings, SD, US Scholarships For Pocahontas Area High School Graduates 2023
Waldorf University $125 Forest City, IA, US Scholarships For Pocahontas Area High School Graduates 2023
Iowa State University $125 Ames, IA, US Scholarships For Pocahontas Area High School Graduates 2022
University Of Iowa $250 Iowa City, IA, US Scholarships For Pocahontas Area High School Graduates 2022
Iowa State University $125 Ames, IA, US Scholarships For Pocahontas Area High School Graduates 2022
University Of Iowa $250 Iowa City, IA, US Scholarships For Pocahontas Area High School Graduates 2022
Iowa State University $125 Ames, IA, US Scholarships For Pocahontas Area High School Graduates 2022
University Of Iowa $250 Iowa City, IA, US Scholarships For Pocahontas Area High School Graduates 2022
Class Of 2021 $500 Algona, IA, US Scholarship 2021
Class Of 2020 $2,000 Algona, IA, US Scholarship 2020
Class Of 2018 $2,000 Pocahontas, IA, US Scholarship 2018
Class Of 2017 $2,000 Pocahontas, IA, US Scholarship 2017
Class Of 2016 $2,500 Pocahontas, IA, US Scholarship 2016

Foundations Similar to Jensen Scholarship Fund

Discover 5 foundations with comparable assets ($16,525-$23,073), similar grant patterns, and geographic focus in IA that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 42-6267666 | 94 grants awarded
$21,719
(≈ Similar)
$500
median grant
Waukon, IA
Same state
95%
Excellent match

EIN: 35-6767286 | 18 grants awarded
$22,811
(≈ Similar)
$200
median grant
Algona, IA
Same state
93%
Excellent match

EIN: 87-4292376 | 7 grants awarded
$22,869
(≈ Similar)
$500
median grant
Lansing, IA
Same state
92%
Excellent match

EIN: 42-6542565 | 13 grants awarded
$23,073
(≈ Similar)
$500
median grant
Burlington, IA
Same state
92%
Excellent match

EIN: 85-3242290 | 49 grants awarded
$16,525
(≈ Similar)
$500
median grant
Center Point, IA
Same state
92%
Excellent match

Contact Information

Official contact details for Jensen Scholarship Fund as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 42-6064999
Website N/A
Address 5 E CALL ST Algona, IA 50511-2402

Key People (1)

Board members, trustees, and key staff who oversee Jensen Scholarship Fund's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Trustee Iowa State Bank

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Jensen Scholarship Fund is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.