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Krumm Family Foundation is a private corporation based in AMES, IA. The foundation received its IRS ruling in 2016. The principal officer is % David Krumm. It holds total assets of $393K. Annual income is reported at $103K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Krumm Family Foundation has made 32 grants totaling $34K, with a median grant of $500. Annual giving has grown from $10K in 2020 to $13K in 2022. Individual grants have ranged from $50 to $7K, with an average award of $1K. The foundation has supported 17 unique organizations. Grants have been distributed to organizations in Iowa and Virginia. Contributions to this foundation are tax-deductible.
Krumm Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in IA, VA.
Krumm Family Foundation has distributed a total of $34K across 32 grants. The median grant size is $500, with an average of $1K. Individual grants have ranged from $50 to $7K.
Krumm Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Krumm Family Foundation is headquartered in AMES, IA. While based in IA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Krumm | DIRECTOR/PRESIDENT/TREASUR | $0 | $0 | $0 |
| Alexander Krumm | DIRECTOR | $0 | $0 | $0 |
| Daniel Krumm | DIRECTOR | $0 | $0 | $0 |
| Sheri Krumm | DIRECTOR/SECRETARY | $0 | $0 | $0 |
Total Giving
$18K
Total Assets
$358K
Fair Market Value
$366K
Net Worth
$358K
Grants Paid
$15K
Contributions
$0
Net Investment Income
$12K
Distribution Amount
$17K
Total: $306K
Total Grants
32
Total Giving
$34K
Average Grant
$1K
Median Grant
$500
Unique Recipients
17
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Trout UnlimitedGENERAL SUPPORT | Arlington, VA | $50 | 2022 |
| St Andrews Lutheran ChurchGENERAL SUPPORT | Ames, IA | $6K | 2022 |
| Harvest Vineyard ChurchGENERAL SUPPORT | Ames, IA | $2K | 2022 |
| Central Iowa Symphony AssociationGENERAL SUPPORT | Ames, IA | $1K | 2022 |
| Des Moines Choral SocietyGENERAL SUPPORT | Des Moines, IA | $1K |
Other foundations that have funded Krumm Family Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Daniel J & Ann L Krumm Charitable Trust | $50K | 2023 | GENERAL OPERATING |
| Daniel J & Ann L Krumm Charitable Trust | $49K | 2022 | GENERAL OPERATING |
| Daniel J & Ann L Krumm Charitable Trust | $33K | 2021 | GENERAL OPERATING |
| Daniel J & Ann L Krumm Charitable Trust | $30K | 2020 | GENERAL OPERATING |
| 2022 |
| Isu FoundationSCHOLARSHIP | Ames, IA | $1K | 2022 |
| Heartland Youth ChoirGENERAL SUPPORT | Des Moines, IA | $500 | 2022 |
| Luther Memorial ChurchBUILDING FUND | Des Moines, IA | $500 | 2022 |
| Riverside Lutheran Bible CampGENERAL SUPPORT | Story City, IA | $400 | 2022 |
| Ames Community SchoolsGENERAL SUPPORT | Ames, IA | $350 | 2022 |
| Ames History MuseumGENERAL SUPORT | Ames, IA | $300 | 2022 |
| Practical Farmers Of IowaGENERAL SUPPORT | Ames, IA | $300 | 2022 |
| Boone Area Humane SocietyGENERAL SUPPORT | Boone, IA | $200 | 2022 |
| Gilbert Lutheran ChurchGENERAL SUPPORT | Gilbert, IA | $2K | 2021 |
| Empower TanzaniaGENERAL SUPPORT | Ames, IA | $2K | 2021 |
| Peace Lutheran ChurchORPHANS EDUCATION FUND | Pella, IA | $50 | 2021 |
| Gilbert LutheranBUILDING FUND, GENERAL | Gilbert, IA | $7K | 2020 |
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