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Marion County Bank Charitable Foundation is a private corporation based in PELLA, IA. The foundation received its IRS ruling in 2017. The principal officer is Steve Kraayenbrink. It holds total assets of $387K. Annual income is reported at $110K. Total assets have grown from $148K in 2019 to $277K in 2023. The foundation is governed by 11 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Iowa. According to available records, Marion County Bank Charitable Foundation has made 11 grants totaling $113K, with a median grant of $2K. Annual giving has grown from $12K in 2020 to $75K in 2023. Individual grants have ranged from $150 to $75K, with an average award of $10K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$150
Median Grant
$500
Average Grant
$7K
Largest Grant
$20K
Based on 3 grants from the most recent 990-PF filing.
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.
Marion County Bank Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in IA.
Marion County Bank Charitable Foundation has distributed a total of $113K across 11 grants. The median grant size is $2K, with an average of $10K. Individual grants have ranged from $150 to $75K.
Marion County Bank Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Marion County Bank Charitable Foundation is headquartered in PELLA, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pete Verhey | DIRECTOR | $0 | $0 | N/A |
| Steve Kraayenbrink | PRES/SEC/DIR | $0 | $0 | N/A |
| Ron Zantingh | TREASURER | $0 | $0 | N/A |
| Ralph De Haan | DIRECTOR | $0 | $0 | N/A |
| Bryce Dahm | DIRECTOR | $0 | $0 | N/A |
| Dan De Cook | DIRECTOR | $0 | $0 | N/A |
| Tim Heerema | DIRECTOR | $0 | $0 | N/A |
| Barb Kniff-Mcculla | DIRECTOR | $0 | $0 | N/A |
| Judd Vande Voort | DIRECTOR | $0 | $0 | N/A |
| Jamie Hollingshead | DIRECTOR | $0 | $0 | N/A |
| Stu Job | DIRECTOR | $0 | $0 | N/A |
Total Giving
$75K
Total Assets
$277K
Fair Market Value
$277K
Net Worth
$277K
Grants Paid
$75K
Contributions
$34K
Net Investment Income
$3K
Distribution Amount
$15K
Total Grants
11
Total Giving
$113K
Average Grant
$10K
Median Grant
$2K
Unique Recipients
11
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stepping Stones Early Learning CentGENERAL OPERATIONS | Knoxville, IA | $75K | 2023 |
| Knoxville Community School DistrictGENERAL OPERATIONS | Knoxville, IA | $20K | 2022 |
| CocGENERAL OPERATIONS | Pella, IA | $500 | 2022 |
| Pella Historical SocietyGENERAL OPERATIONS | Pella, IA | $150 | 2022 |
| Pella Police DepartmentGENERAL OPERATIONS | Pella, IA | $5K | 2021 |
| Kcwn BroadcastingGENERAL OPERATIONS | Pella, IA | $1K | 2021 |
| Freedom HouseK9 UNIT | Pella, IA | $500 | 2021 |
| Knoxville Police DepartmentK9 UNIT | Knoxville, IA | $5K | 2020 |
| Knoxville Fire DepartmentGENERAL OPERATIONS | Knoxville, IA | $4K | 2020 |
| Knoxville Hospitals And ClinicsGENERAL OPERATIONS | Knoxville, IA | $2K | 2020 |
| Coc FoundationGENERAL OPERATIONS | Pella, IA | $1K | 2020 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA