George S & Grace A Jay Memorial Trust

Shenandoah, IA
Tax-exempt since April 1963
EIN: 42-6061515

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$135k (2025)

Expenses

$114k (2025)

Total Assets

$2.57M (2025)

Total Liabilities

$0 (2025)

Source: Form 990 tax filings from 2012 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2025

Revenue

$134,851

Expenses

$113,961

Net Income

$20,890

Net Assets

$2,571,353

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$235	0.2%
Dividends	$95,698	71.0%
Sales of Assets	$12,357	9.2%
Other Income	$26,561	19.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$90,884	79.8%
Compensation of Officers*	$28,500	25.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,571,353
Total Liabilities	$0
Net Assets	$2,571,353

Compensation

Key Employees and Officers	Compensation	Other
L Craig Harris (Trustee)	$9,500	$0
Robert Longman (Trustee)	$9,500	$0
Nancy Maher (Trustee)	$9,500	$0

990-PF

Filed on June 24, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2024

Revenue

$98,920

Expenses

$136,495

Net Income

-$37,575

Net Assets

$2,550,463

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$519	0.5%
Dividends	$72,210	73.0%
Sales of Assets	$0
Other Income	$26,191	26.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$113,917	83.5%
Compensation of Officers*	$24,000	17.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,550,463
Total Liabilities	$0
Net Assets	$2,550,463

Compensation

Key Employees and Officers	Compensation	Other
L Craig Harris (Trustee)	$8,000	$0
Robert Longman (Trustee)	$8,000	$0
Nancy Maher (Trustee)	$8,000	$0

990-PF

Filed on July 17, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

View Filing (2 of 2)

Fiscal Year Ending March
2023

Revenue

$136,775

Expenses

$179,331

Net Income

-$42,556

Net Assets

$2,588,038

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$331	0.2%
Dividends	$69,711	51.0%
Sales of Assets	$43,479	31.8%
Other Income	$23,254	17.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$153,904	85.8%
Compensation of Officers*	$19,500	10.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,588,038
Total Liabilities	$0
Net Assets	$2,588,038

Compensation

Key Employees and Officers	Compensation	Other
L Craig Harris (Trustee)	$6,500	$0
Robert Longman (Trustee)	$6,500	$0
Nancy Maher (Trustee)	$6,500	$0

990-PF

Filed on July 18, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2022

Revenue

$130,970

Expenses

$219,629

Net Income

-$88,659

Net Assets

$2,630,594

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$12	0.0%
Dividends	$82,897	63.3%
Sales of Assets	$4,364	3.3%
Other Income	$43,697	33.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$173,378	78.9%
Compensation of Officers*	$13,500	6.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,630,594
Total Liabilities	$0
Net Assets	$2,630,594

Compensation

Key Employees and Officers	Compensation	Other
L Craig Harris (Trustee)	$4,500	$0
Robert Longman (Trustee)	$4,500	$0
Nancy Maher (Trustee)	$3,000	$0
John Weaver (Trustee)	$1,500	$0

+ View more people

990-PF

Filed on July 28, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2021

Revenue

$128,712

Expenses

$168,989

Net Income

-$40,277

Net Assets

$2,719,252

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$9	0.0%
Dividends	$55,193	42.9%
Sales of Assets	$21,534	16.7%
Other Income	$51,976	40.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$138,278	81.8%
Compensation of Officers*	$18,000	10.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,719,253
Total Liabilities	$1
Net Assets	$2,719,252

Compensation

Key Employees and Officers	Compensation	Other
L Craig Harris (Trustee)	$6,000	$0
Robert Longman (Trustee)	$6,000	$0
John Weaver (Trustee)	$6,000	$0

990-PF

Filed on June 9, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2020

Revenue

$202,520

Expenses

$186,430

Net Income

$16,090

Net Assets

$2,759,529

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$610	0.3%
Dividends	$69,561	34.3%
Sales of Assets	$74,974	37.0%
Other Income	$51,914	25.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$99,472	53.4%
Compensation of Officers*	$18,000	9.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,759,530
Total Liabilities	$1
Net Assets	$2,759,529

Compensation

Key Employees and Officers	Compensation	Other
L Craig Harris (Trustee)	$6,000	$0
Robert Longman (Trustee)	$6,000	$0
John Weaver (Trustee)	$6,000	$0

990-PF

Filed on July 7, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2019

Revenue

$126,259

Expenses

$62,115

Net Income

$64,144

Net Assets

$2,743,440

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$428	0.3%
Dividends	$65,904	52.2%
Sales of Assets	$492	0.4%
Other Income	$43,491	34.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$30,119	48.5%
Compensation of Officers*	$18,000	29.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,743,440
Total Liabilities	$0
Net Assets	$2,743,440

Compensation

Key Employees and Officers	Compensation	Other
L Craig Harris (Trustee)	$6,000	$0
Robert Longman (Trustee)	$6,000	$0
John Weaver (Trustee)	$6,000	$0

990-PF

Filed on June 6, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2018

Revenue

$174,867

Expenses

$57,695

Net Income

$117,172

Net Assets

$2,679,296

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,321	0.8%
Interest Revenue	$114	0.1%
Dividends	$69,317	39.6%
Sales of Assets	$49,754	28.5%
Other Income	$37,187	21.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$27,105	47.0%
Compensation of Officers*	$15,000	26.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,679,296
Total Liabilities	$0
Net Assets	$2,679,296

Compensation

Key Employees and Officers	Compensation	Other
L Craig Harris (Trustee)	$5,000	$0
Robert Longman (Trustee)	$5,000	$0
John Weaver (Trustee)	$5,000	$0

990-PF

Filed on July 11, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2017

Revenue

$114,248

Expenses

$61,230

Net Income

$53,018

Net Assets

$2,562,124

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,796	2.4%
Interest Revenue	$105	0.1%
Dividends	$54,462	47.7%
Sales of Assets	-$145
Other Income	$40,692	35.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,405	41.5%
Compensation of Officers*	$15,000	24.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,562,124
Total Liabilities	$0
Net Assets	$2,562,124

Compensation

Key Employees and Officers	Compensation	Other
L Craig Harris (Trustee)	$5,000	$0
Robert Longman (Trustee)	$5,000	$0
John Weaver (Trustee)	$5,000	$0

990-PF

Filed on June 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2016

Revenue

$114,665

Expenses

$77,070

Net Income

$37,595

Net Assets

$2,509,106

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$74	0.1%
Dividends	$53,937	47.0%
Sales of Assets	$157	0.1%
Other Income	$44,048	38.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,444	33.0%
Compensation of Officers*	$15,000	19.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,509,106
Total Liabilities	$0
Net Assets	$2,509,106

Compensation

Key Employees and Officers	Compensation	Other
L Craig Harris (Trustee)	$5,000	$0
Robert Longman (Trustee)	$5,000	$0
John Weaver (Trustee)	$5,000	$0

990-PF

Filed on June 20, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2015

Revenue

$131,055

Expenses

$75,680

Net Income

$55,375

Net Assets

$2,471,511

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$70	0.1%
Dividends	$60,086	45.8%
Sales of Assets	$9,693	7.4%
Other Income	$45,366	34.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$17,506	23.1%
Compensation of Officers*	$15,000	19.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,471,511
Total Liabilities	$0
Net Assets	$2,471,511

Compensation

Key Employees and Officers	Compensation	Other
L Craig Harris (Trustee)	$5,000	$0
Robert Longman (Trustee)	$5,000	$0
John Weaver (Trustee)	$5,000	$0

990-PF

Filed on June 4, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2014

Revenue

$120,764

Expenses

$69,327

Net Income

$51,437

Net Assets

$2,416,136

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$116	0.1%
Dividends	$51,353	42.5%
Sales of Assets	-$3,238
Other Income	$56,407	46.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$20,935	30.2%
Compensation of Officers*	$15,000	21.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,416,136
Total Liabilities	$0
Net Assets	$2,416,136

Compensation

Key Employees and Officers	Compensation	Other
L Craig Harris (Trustee)	$5,000	$0
Robert Longman (Trustee)	$5,000	$0
John Weaver (Trustee)	$5,000	$0

990-PF

Filed on Aug. 15, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2013

Revenue

$106,221

Expenses

$61,303

Net Income

$44,918

Net Assets

$2,364,698

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,325	2.2%
Interest Revenue	$342	0.3%
Dividends	$43,544	41.0%
Sales of Assets	$0
Other Income	$44,016	41.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$18,787	30.6%
Compensation of Officers*	$12,000	19.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,364,699
Total Liabilities	$1
Net Assets	$2,364,698

990-PF

Filed on Jan. 14, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2012

Revenue

$105,374

Expenses

$62,324

Net Income

$43,050

Net Assets

$2,319,780

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$472	0.4%
Dividends	$39,901	37.9%
Sales of Assets	$0
Other Income	$49,517	47.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,116	38.7%
Compensation of Officers*	$12,000	19.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,319,781
Total Liabilities	$1
Net Assets	$2,319,780

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated January 26, 2026

George S & Grace A Jay Memorial Trust

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $135k (2025)

Expenses $114k (2025)

Total Assets $2.57M (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending March 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$135k (2025)

Expenses

$114k (2025)

Total Assets

$2.57M (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending March
2025

Fiscal Year Ending March
2024

Fiscal Year Ending March
2023

Fiscal Year Ending March
2022

Fiscal Year Ending March
2021

Fiscal Year Ending March
2020

Fiscal Year Ending March
2019

Fiscal Year Ending March
2018

Fiscal Year Ending March
2017

Fiscal Year Ending March
2016

Fiscal Year Ending March
2015

Fiscal Year Ending March
2014

Fiscal Year Ending March
2013

Fiscal Year Ending March
2012

Fiscal Year Ending March
2011

Fiscal Year Ending March
2010

Fiscal Year Ending March
2009

Fiscal Year Ending March
2008

Fiscal Year Ending March
2007

Fiscal Year Ending March
2006

Fiscal Year Ending March
2005

Fiscal Year Ending March
2004

Fiscal Year Ending March
2003

Fiscal Year Ending March
2002