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Robert T Bates Foundation is a private corporation based in ALBIA, IA. The foundation received its IRS ruling in 1993. It holds total assets of $1M. Annual income is reported at $155K. Total assets have decreased from $2.9M in 2011 to $1M in 2023. The foundation is governed by 4 officers and trustees. Tax records are available from 2015 to 2023. According to available records, Robert T Bates Foundation has made 6 grants totaling $377K, with a median grant of $45K. Annual giving has grown from $41K in 2019 to $117K in 2023. Grantmaking activity was highest in 2020 with $145K distributed across 1 grants. Individual grants have ranged from $150 to $145K, with an average award of $63K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
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.
Robert T Bates Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IA.
Robert T Bates Foundation has distributed a total of $377K across 6 grants. The median grant size is $45K, with an average of $63K. Individual grants have ranged from $150 to $145K.
The application deadline is NONE.. Must be to a charitable, religious, literary, educational, or any other worthy institution or organization.
Robert T Bates Foundation is headquartered in ALBIA, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel D Stocker | VICE PRESIDENT | $0 | $0 | N/A |
| Loren W Pence | SECRETARY/TREASURER | $0 | $0 | N/A |
| Dan Tometich | DIRECTOR | $0 | $0 | N/A |
| Raymond H Davis | PRESIDENT | $0 | $0 | N/A |
Total Giving
$151K
Total Assets
$1M
Fair Market Value
$1.3M
Net Worth
$1M
Grants Paid
$117K
Contributions
N/A
Net Investment Income
$106K
Distribution Amount
$61K
Total: N/A
Total Grants
6
Total Giving
$377K
Average Grant
$63K
Median Grant
$45K
Unique Recipients
2
Most Common Grant
$117K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Historic District DonationHISTORIC PRESERVATION | Albia, IA | $117K | 2023 |
| Albia Area Improvement AssociationHISTORIC PRESERVATION | Albia, IA | $50K | 2021 |