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Ray V Hewitt Foundation is a private corporation based in CLEAR LAKE, IA. The foundation received its IRS ruling in 2003. The principal officer is Clear Lake Bank And Trust Co. It holds total assets of $302K. Annual income is reported at $229K. Total assets have grown from $112K in 2011 to $277K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Iowa. According to available records, Ray V Hewitt Foundation has made 28 grants totaling $55K, with a median grant of $1K. The foundation has distributed between $12K and $18K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $18K distributed across 5 grants. Individual grants have ranged from $1K to $13K, with an average award of $2K. The foundation has supported 26 unique organizations. Grants have been distributed to organizations in Iowa and Nebraska and Oklahoma. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$1K
Largest Grant
$3K
Based on 8 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.
Ray V Hewitt Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in IA, NE, OK.
Ray V Hewitt Foundation has distributed a total of $55K across 28 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $1K to $13K.
The application deadline is FEBRUARY 1ST OF EACH YEAR. Charitable contributions in cerro gordo county, ia and hancock county, ia.
Ray V Hewitt Foundation is headquartered in CLEAR LAKE, IA. While based in IA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Clear Lake Bank Trust | TRUSTEE | $1K | $0 | $1K |
| Mark C Hewitt | PRESIDENT | $0 | $0 | N/A |
Total Giving
$15K
Total Assets
$277K
Fair Market Value
$270K
Net Worth
$277K
Grants Paid
$12K
Contributions
$10K
Net Investment Income
$26K
Distribution Amount
$12K
Total: N/A
Total Grants
28
Total Giving
$55K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
26
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Drake UniversityGENERAL DONATION | Des Moines, IA | $5K | 2023 |
| Variety The Children'S CharityGENERAL DONATION | Des Moines, IA | $2K | 2023 |
| Addison HejnaniaccCOLLEGE SCHOLARSHIP | Mason City, IA | $1K | 2023 |
| Clear Lake SchoolsWASHINTON DC SPONSORSHIP | Clear Lake, IA | $1K | 2023 |
| Carter MarkwardtniaccCOLLEGE SCHOLARSHIP | Mason City, IA | $1K | 2023 |
| Sarah PetersonisuCOLLEGE SCHOLARSHIP | Ames, IA | $1K | 2023 |
| Braden BoehnkeisuCOLLEGE SCHOLARSHIP | Ames, IA | $1K | 2023 |
| Mason City Comm School DistrictGENERAL DONATION | Mason City, IA | $2K | 2022 |
| Ethan ZickefooseisuCOLLEGE SCHOLARSHIP | Ames, IA | $1K | 2022 |
| Aimee GroenewegniaccCOLLEGE SCHOLARSHIP | Mason City, IA | $1K | 2022 |
| Paige Robertsoklahoma State UnivCOLLEGE SCHOLARSHIP | Stillwater, OK | $1K | 2022 |
| Ashlyn Fread Univ Of NebraskaCOLLEGE SCHOLARSHIP | Lincoln, NE | $1K | 2022 |
| Kenadie LauisuCOLLEGE SCHOLARSHIP | Ames, IA | $1K | 2022 |
| Matt Steffensmeiercentral CollegeCOLLEGE SCHOLARSHIP | Pella, IA | $1K | 2022 |
| North Iowa Area Community CollegeGENERAL DONATION | Mason City, IA | $13K | 2021 |
| Central Gardens Of North IowaGENERAL DONATION | Clear Lake, IA | $3K | 2021 |
| Delany Edencentral CollegeSCHOLARSHIP | Pella, IA | $1K | 2021 |
| Brody BoehnkeisuSCHOLARSHIP | Ames, IA | $1K | 2021 |
| Andrew CraneniaccSCHOLARSHIP | Mason City, IA | $1K | 2021 |
| Mason City Foundationthe Music ManGENERAL DONATION | Mason City, IA | $3K | 2020 |
| One VisionTHE KINNEY LINDSTROM MATCHING GRANT | Clear Lake, IA | $2K | 2020 |
| Jacob PedeltyniaccSCHOLARSHIP | Mason City, IA | $1K | 2020 |
| Katelyn MclaughlinniaccSCHOLARSHIP | Mason City, IA | $1K | 2020 |
| Alexi Fasbenderuniversity Of IowaSCHOLARSHIP | Iowa City, IA | $1K | 2020 |
| Samuel Childressuniv Northern IowaSCHOLARSHIP | Cedar Falls, IA | $1K | 2020 |
| Francis Lauer Youth ServicesGENERAL DONATION | Mason City, IA | $1K | 2020 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA