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Demco Charitable Foundation is a private corporation based in BOYDEN, IA. The foundation received its IRS ruling in 1989. It holds total assets of $3.3M. Annual income is reported at $1.9M. Total assets have grown from $1.5M in 2011 to $3.3M in 2024. The foundation is governed by 4 officers and trustees. To support community resources and education of northwest iowa and the surrounding tri state area. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Iowa. According to available records, Demco Charitable Foundation has made 90 grants totaling $742K, with a median grant of $3K. Annual giving has grown from $107K in 2021 to $389K in 2024. Individual grants have ranged from $100 to $250K, with an average award of $8K. The foundation has supported 45 unique organizations. The foundation primarily supports organizations in Iowa, South Dakota, Tennessee, which account for 91% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$2K
Average Grant
$5K
Largest Grant
$25K
Based on 24 grants from the most recent 990-PF filing.
To support community resources and education of northwest iowa and the surrounding tri state area.
Expenses: $107K
To support community resources and education of northwest iowa and the surrounding tri state area. Based on available records, the foundation has funded 90 grants. Its grantmaking reaches organizations primarily in IA, SD, TN.
Demco Charitable Foundation has distributed a total of $742K across 90 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $100 to $250K.
Demco Charitable Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (421322684) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Demco Charitable Foundation is headquartered in BOYDEN, IA. While based in IA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Janice Vander Pol | TREASURER | $0 | $0 | N/A |
| Robert Koerselman | PRESIDENT | $0 | $0 | N/A |
| Kevin Ten Haken | VP | $0 | $0 | N/A |
| James C Koerselman | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.3M
Fair Market Value
N/A
Net Worth
$3.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
90
Total Giving
$742K
Average Grant
$8K
Median Grant
$3K
Unique Recipients
45
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boyden Fire & RescueTO SUPPORT COMMUNITY SERVICES | Boyden, IA | $250K | 2024 |
| Rise Sponsorship (Silver) PledgeTO SUPPORT COMMUNITY SERVICES | Sheldon, IA | $25K | 2024 |
| Shaylee Bee FoundationTO SUPPORT THOSE LIVING WITH SPECIAL NEEDS | Spencer, IA | $20K | 2024 |
| Village Northwest UnlimitedTO SUPPORT EDUCATIONAL AND LIVING SERVICES FOR THOSE WITH SPECIAL NEEDS | Sheldon, IA | $16K | 2024 |
| Dordt CollegeTO SUPPORT EDUCATIONAL SERVICES OF HIGHER LEARNING | Sioux Center, IA | $12K | 2024 |
| The Luke SocietyTO SUPPORT COMMUNITY SERVICES | Sioux Falls, SD | $10K | 2024 |
| Northwestern CollegeTO SUPPORT EDUCATIONAL SERVICES | Orange City, IA | $10K | 2024 |
| Boyden-Hull High SchoolTO SUPPORT EDUCATIONAL SERVICES | Hull, IA | $5K | 2024 |
| Shayla Bee FundTO SUPPORT COMMUNITY SERVICES | Spencer, IA | $5K | 2024 |
| Hull Bright StartTO SUPPORT EDUCATION | Hull, IA | $5K | 2024 |
| Justice For AllTO SUPPORT COMMUNITY SERVICES | Rock Valley, IA | $4K | 2024 |
| Rise Ministries IncTO SUPPORT OPERATIONS OF RELIGIOUS EDUCATION | Sheldon, IA | $3K | 2024 |
| Northwest Iowa Community CollegeTO SUPPORT EDUCATIONAL SYSTEM | Sheldon, IA | $3K | 2024 |
| Iowa Lakes CorridorTO SUPPORT ECONOMIC DEVELOPMENT IN BV, CLAY, DICKINSON, AND EMMET COUNTIES | Spencer, IA | $3K | 2024 |
| Lifewise AcadamyTO SUPPORT EDUCATION | Hilliard, OH | $2K | 2024 |
| Faith Community Church (Impact)TO SUPPORT OPERATIONS OF RELIGIOUS EDUCATION | Milford, IA | $2K | 2024 |
| Assumptions InstituteTO SUPPORT RELIGIOUS SERVICES | Peachtree City, GA | $1K | 2024 |
| Freedom In Christ MinistriesTO SUPPORT RELIGIOUS SERVICES | Knoxville, TN | $1K | 2024 |
| Youth In Philantrophyokoboji FundTO SUPPORT EDUCATION | Okoboji, IA | $1K | 2024 |
| Village Northwest Unlimited (Walk-Run-Roll)TO SUPPORT EDUCATIONAL AND LIVING SERVICES FOR THOSE WITH SPECIAL NEEDS | Sheldon, IA | $1K | 2024 |
| Spencer Youth AssociationTO SUPPORT COMMUNITY SERVICES | Spencer, IA | $1K | 2024 |
| Midwest Honor FlightTO SUPPORT COMMUNITY SERVICES | Sioux Center, IA | $850 | 2024 |
| Mocfv Robitics TeamTO SUPPORT EDUCATION | Orange City, IA | $4K | 2023 |
| Boyden- Hull Snack Pack DriveTO SUPPORT EDUCATION | Hull, IA | $2K | 2023 |
| Spencer American LegionTO SUPPORT COMMUNITY SERVICES | Spencer, IA | $1K | 2023 |
| Iowa College FoundationTO SUPPORT EDUCATIONAL SERVICES | Des Moines, IA | $250 | 2023 |
| Clay County Pair Charitable TrustTO SUPPORT COMMUNITY SERVICES | Spencer, IA | $13K | 2022 |