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Also known as: FAMILY FOUNDATION
Michael E Portzen And Sara A Portzen Family Foundation is a private corporation based in PEOSTA, IA. The foundation received its IRS ruling in 2013. It holds total assets of $5.3M. Annual income is reported at $3.1M. The foundation operates in the area of community development. According to available records, Michael E Portzen And Sara A Portzen Family Foundation has made 45 grants totaling $3M, with a median grant of $4K. Annual giving has grown from $41K in 2020 to $560K in 2023. Grantmaking activity was highest in 2022 with $1.6M distributed across 24 grants. Individual grants have ranged from $1K to $750K, with an average award of $67K. The foundation has supported 13 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Michael E Portzen And Sara A Portzen Family Foundation primarily funds organizations in the area of community development. Based on available records, the foundation has funded 45 grants. Its grantmaking reaches organizations primarily in IA.
Michael E Portzen And Sara A Portzen Family Foundation has distributed a total of $3M across 45 grants. The median grant size is $4K, with an average of $67K. Individual grants have ranged from $1K to $750K.
Michael E Portzen And Sara A Portzen Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Michael E Portzen And Sara A Portzen Family Foundation is headquartered in PEOSTA, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael E Portzen | PRESIDENT/DIRECTOR | $0 | $0 | $0 |
| Sara A Portzen | VICE PRESIDENT/DIRECTOR | $0 | $0 | $0 |
Total Giving
$580K
Total Assets
$3.2M
Fair Market Value
$3.2M
Net Worth
$3.2M
Grants Paid
$560K
Contributions
$1M
Net Investment Income
$130K
Distribution Amount
$125K
Total: $0
Total Grants
45
Total Giving
$3M
Average Grant
$67K
Median Grant
$4K
Unique Recipients
13
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Church Of ResurrectionBUILDING A VISIBLE PRESENCE | Dubuque, IA | $500K | 2023 |
| Steeple SquareCAMPUS UPGRADES | Dubuque, IA | $20K | 2023 |
| Dubuque County Historical SocietyPRESERVE THE WONDER | Dubuque, IA | $15K | 2023 |
| Ne Iowa Community College FoundationFUND FOR EXCELLENCE | Peosta, IA | $10K | 2023 |
| Holy Spirit Parishsacred Heart ChurchCHURCH NEEDS | Dubuque, IA | $4K | 2023 |
| St Raphael'S CathedralCHURCH NEEDS | Dubuque, IA | $3K | 2023 |
| St Anthony'S ChurchCHURCH NEEDS | Dubuque, IA | $1K | 2023 |
| Nativity ChurchCHURCH NEEDS | Dubuque, IA | $1K | 2023 |
| St John'S Catholic ChurchCHURCH NEEDS | Peosta, IA | $1K | 2023 |
| St Joseph'S Key West ChurchCHURCH NEEDS | Dubuque, IA | $1K | 2023 |
| St Joseph The Worker Catholic ChurchCHURCH NEEDS | Dubuque, IA | $1K | 2023 |
| St Columbkille'S ChurchCHURCH NEEDS | Dubuque, IA | $1K | 2023 |
| National Mississippi River MuseumPRESERVE THE WONDER | Dubuque, IA | $15K | 2022 |
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