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Laverty Foundation is a private corporation based in INDIANOLA, IA. The foundation received its IRS ruling in 1994. The principal officer is R Downing. It holds total assets of $1.1M. Annual income is reported at $43K. Total assets have grown from $31K in 2011 to $1.1M in 2023. The foundation is governed by 2 officers and trustees. Charitable contributions to selected organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Iowa. According to available records, Laverty Foundation has made 33 grants totaling $376K, with a median grant of $10K. The foundation has distributed between $71K and $156K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $156K distributed across 16 grants. Individual grants have ranged from $3K to $40K, with an average award of $11K. The foundation has supported 15 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$10K
Average Grant
$15K
Largest Grant
$30K
Based on 5 grants from the most recent 990-PF filing.
Charitable contributions to selected organizations
Expenses: $74K
Charitable contributions to selected organizations. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in IA.
Laverty Foundation has distributed a total of $376K across 33 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $3K to $40K.
Laverty Foundation typically selects its grantees rather than accepting unsolicited proposals.
Laverty Foundation is headquartered in INDIANOLA, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Downing | DIRECTOR | $0 | $0 | N/A |
| J Robert Burkhart | DIRECTOR | $0 | $0 | N/A |
Total Giving
$90K
Total Assets
$1.1M
Fair Market Value
$1.5M
Net Worth
$1.1M
Grants Paid
$74K
Contributions
N/A
Net Investment Income
$29K
Distribution Amount
$70K
Total: $797K
Total Grants
33
Total Giving
$376K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
15
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchMAINTAIN LANDSCAPING & EQUIPMENT REPLACEMENT | Indianola, IA | $11K | 2023 |
| Wesley Woods Camp And Retreat CenterREPAIR AND MAINTENANCE PROJECTS | Indianola, IA | $13K | 2023 |
| Kiya Koda Humane SocietyRELOCATION AND NEW BUILDING EXPENSES | Indianola, IA | $13K | 2023 |
| Des Moines Metro OperaGENERAL OPERATIONS | Indianola, IA | $10K | 2023 |
| Community Projects IncorporatedCATTLE BARN ADDITION | Milo, IA | $10K | 2023 |
| Helping Hand Of Warren CountyPURCHASE OF HYDROPONIC SYSTEM AND OPERATION CHRISTMAS | Indianola, IA | $8K | 2023 |
| Indianola Hope FoundationASSISTING STUDENTS AND FAMILIES IN NEED | Indianola, IA | $5K | 2023 |
| Welift Job Search CenterGENERAL OPERATIONS | Indianola, IA | $5K | 2023 |
| Warren County Historical SocietyLAND PURCHASE | Indianola, IA | $15K | 2022 |
| Simpson Youth AcademySCHOLARSHIP FUND | Indianola, IA | $5K | 2022 |
| Indianola Parks & RecreationPROJECTS FOR KIDS PROGRAM | Indianola, IA | $5K | 2022 |
| Warren County FairgroundsLAND PURCHASE | Indianola, IA | $5K | 2022 |
| Heal House Of IowaCHARITABLE GIFTS | Indianola, IA | $3K | 2022 |
| Indianola Area Dollars For ScholarsCHARITABLE GIFTS FOR SCHOLARSHIPS | Indianola, IA | $30K | 2020 |
| Simpson CollegeCHARITABLE GIFTS FOR SCHOLARSHIPS | Indianola, IA | $10K | 2020 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA