Adler Schermer Foundation
DAVENPORT, IA EIN: 84-1210699
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$4.5M
+3.1% YoY
Annual Giving
$445K
-20.3% YoY
Grant Count
4
-80.0% YoY
Avg Grant Size
$111K
+298.3% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,536,334 | $4,398,911 | $4,565,216 |
| Revenue | $-2,377,933 | $205,663 | $79,551 |
| Expenses | $485,889 | $595,315 | $217,324 |
| Qualifying Distributions | $448,172 | $565,796 | $176,673 |
| Net Investment Income | $87,721 | $178,144 | $78,708 |
| Distributable Amount | $221,914 | $210,115 | $252,883 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Adler Schermer Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LLOYD G SCHERMER | DIRECTOR | 1 | — |
| GRANT SCHERMER | DIRECTOR | 1 | — |
| GREG SCHERMER | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Iowa $1.3M (72%)
Colorado $327K (19%)
District of Columbia $76K (4%)
Illinois $41K (2%)
Kansas $15K (1%)
Arizona $15K (1%)
New York $10K (1%)
Missouri $6K (0%)
+2 more states
Cities
AspenBasaltBettendorfCambridgeChampaignDavenportDenverGalesburgIowa CityLa JollaMolineSalinaSnowmass VillageSt LouisStaten IslandTucsonUrbanaWashingtonWest Hollywood
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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