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Paxton Family Trust is a private trust based in STORM LAKE, IA. The foundation received its IRS ruling in 2006. The principal officer is Citizens First National Bank. It holds total assets of $480K. Annual income is reported at $24K. City of Storm Lake - Distribution for Park/lake activities Storm Lake, IA. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Grantmaking is concentrated in Iowa. According to available records, Paxton Family Trust has made 12 grants totaling $119K, with a median grant of $6K. The foundation has distributed between $28K and $31K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $31K distributed across 3 grants. Individual grants have ranged from $200 to $26K, with an average award of $10K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$7K
Average Grant
$9K
Largest Grant
$21K
Based on 3 grants from the most recent 990-PF filing.
City of Storm Lake - Distribution for Park/lake activities Storm Lake, IA
Expenses: $21K
City of Storm Lake - Donation used for continued maintenance of memorial gardens Storm Lake, IA
Expenses: $7K
Star Spangled Spectacular - Donation for community wide 4th of July celebration Storm Lake, IA
Expenses: $200
City of Storm Lake - Distribution for Park/lake activities Storm Lake, IA. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in IA.
Paxton Family Trust has distributed a total of $119K across 12 grants. The median grant size is $6K, with an average of $10K. Individual grants have ranged from $200 to $26K.
Paxton Family Trust typically selects its grantees rather than accepting unsolicited proposals.
Paxton Family Trust is headquartered in STORM LAKE, IA.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$36K
Total Assets
$490K
Fair Market Value
$647K
Net Worth
$490K
Grants Paid
$29K
Contributions
N/A
Net Investment Income
$17K
Distribution Amount
$30K
Total: $445K
Total Grants
12
Total Giving
$119K
Average Grant
$10K
Median Grant
$6K
Unique Recipients
3
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| City Of Storm Lakepark beautification | Storm Lake, IA | $21K | 2024 |
| Paxton Trust Gardenspark beautification | Storm Lake, IA | $8K | 2024 |
| Star Spangled Spectacularcivic celebration | Storm Lake, IA | $200 | 2024 |