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Also known as: C/O KURT W HERBRECHTSMEYER
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First Security Foundation is a private corporation based in CHARLES CITY, IA. The foundation received its IRS ruling in 2013. The principal officer is E Michael Farrell. It holds total assets of $141K. Annual income is reported at $65K. Total assets have grown from $15K in 2011 to $240K in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2024. According to available records, First Security Foundation has made 22 grants totaling $276K, with a median grant of $10K. Annual giving has grown from $10K in 2021 to $71K in 2024. Grantmaking activity was highest in 2023 with $145K distributed across 11 grants. Individual grants have ranged from $3K to $25K, with an average award of $13K. The foundation has supported 21 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
First Security Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in IA.
First Security Foundation has distributed a total of $276K across 22 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $3K to $25K.
Charitable organizations serving the following iowa communities only: aredale, charles city, dumont, hampton, ionia, manly, marble rock, nora springs, riceville, rockford, rockwell, rudd, thornton.
First Security Foundation is headquartered in CHARLES CITY, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Boyd Campbell | DIRECTOR | $0 | $0 | N/A |
| J Richard Herbrechtsmeyer | VICE PRESIDENT, DIRECTOR, SECRETARY | $0 | $0 | N/A |
| Ronald K Noah | DIRECTOR | $0 | $0 | N/A |
| Kurt W Herbrechtsmeyer | PRESIDENT, DIRECTOR | $0 | $0 | N/A |
| Brad Miller | TREASURER | $0 | $0 | N/A |
Total Giving
$72K
Total Assets
$240K
Fair Market Value
$257K
Net Worth
$240K
Grants Paid
$71K
Contributions
$55K
Net Investment Income
$5K
Distribution Amount
$12K
Total Grants
22
Total Giving
$276K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
21
Most Common Grant
$10K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rudd Historical SocietyGENERAL FUND | Rudd, IA | $25K | 2024 |
| North Iowa Area Community College FoundationGENERAL FUND | Mason City, IA | $25K | 2024 |
| Franklin County Fair FoundationGENERAL FUND | Hampton, IA | $10K | 2024 |
| Dumont Volunteer Fire DepartmentGENERAL FUND | Dumont, IA | $8K | 2024 |
| Riceville Family Care And Therapy Center (Riceville Community Rest Home)GENERAL FUND | Riceville, IA | $3K | 2024 |
| Niacc FoundationGENERAL FUND | Mason City, IA | $25K | 2023 |
| Floyd County Fair SocietyGENERAL FUND | Charles City, IA | $22K | 2023 |
| La Luz Centro CulturalGENERAL FUND | Hampton, IA | $20K | 2023 |
| City Of RuddSPLASH PAD & PLAYGROUND | Rudd, IA | $20K | 2023 |
| National 19th Amendment SocietyGENERAL FUND | Charles City, IA | $15K | 2023 |
| Rudd Public LibraryGENERAL FUND | Rudd, IA | $10K | 2023 |
| Riceville Community ClubSPLASH PAD | Riceville, IA | $10K | 2023 |
| Marble Rock Community Fire CompanyGENERAL FUND | Marble Rock, IA | $8K | 2023 |
| Immaculate Conception SchoolGENERAL FUND | Charles City, IA | $5K | 2023 |
| West Fork ElementaryGENERAL FUND | Rockwell, IA | $5K | 2023 |
| Floyd County Historical SocietyGENERAL FUND | Charles City, IA | $5K | 2023 |
| City Of Rockwell IowaGENERAL FUND | Rockwell, IA | $25K | 2022 |
| Floyd County Historical Society MuseumGENERAL FUND | Charles City, IA | $10K | 2022 |
| Marble Rock Community Fire Company IncGENERAL FUND | Marble Rock, IA | $3K | 2022 |
| Chickasaw Township Fire DistrictGENERAL FUND | Ionia, IA | $3K | 2022 |
| American Passenger Train History MuseumGENERAL FUND | Charles City, IA | $10K | 2021 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA