Albers Family Foundation
Albers Family Foundation is a private foundation, based in Spirit Lake, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $108K in total assets. In 2024, it awarded 7 grants totaling $10K. Net investment income was $523.
Albers Family Foundation at a glance
In short: Albers Family Foundation gave $10K across 7 grants in 2024 (avg $1K), mostly in Nebraska. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $9,650
- -13.1% vs 2023
- Grants made (2024)
- 7
- +40.0% vs 2023
- Average grant
- $1,379
- -37.9% vs 2023
- Median grant
- $1,000
- Total assets
- $107,567
- +28.2% vs 2023
- Primary geography
- Nebraska (62% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Albers Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was CBMC Heartland ($2K). Together the top 7 received $10K.
Grant Size Distribution
19 grants across all recorded years
The most common grant size was under $50K: 19 grants of 19 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How Albers Family Foundation gives
- In 2024 it paid out 213% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10K (2024) to $14K (2022). In 2024 it made 7 grants totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CBMC Heartland Omaha, NE | Support | $2,000 |
| Abben Center Cancer Research Spencer, IA | Support | $2,000 |
| Lutheran Church Bellevue, NE | Support | $2,000 |
| One Child Inc Omaha, NE | Support | $1,000 |
| Open Door Mission Omaha, NE | Support | $1,000 |
| Seven Dolors Catholic Church Manhattan, KS | Support | $1,000 |
| Samaritan Foundation | Support | $650 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $107,567 | $31,723 | $10,055 | $9,650 | 7 | $9,650 | $523 | $4,520 |
| 2023 | $83,899 | $22,834 | $11,455 | $11,100 | 5 | $11,100 | $334 | $3,707 |
| 2022 | $74,575 | $28,411 | $14,870 | $13,700 | 4 | $13,700 | $43 | $2,630 |
| 2021 | $58,979 | $12,241 | $6,168 | — | — | — | $5 | $2,492 |
| 2020 | $52,906 | $5,110 | $10,201 | $10,000 | 3 | — | $10 | $2,600 |
Under IRS private-foundation payout rules, Albers Family Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Albers Family Foundation is led by Michael J. Albers, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Michael J. Albers
President
On filings since 2020
No compensation reported
Cherie L. Schnack
Director
On filings since 2020
No compensation reported
Shawna Thiltgen
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Albers Family Foundation
How much does Albers Family Foundation give each year?
Albers Family Foundation gave $10K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $11K across 5 grants.
What is Albers Family Foundation's typical grant size?
Albers Family Foundation's median grant in 2024 was $1,000, and its average grant was $1,379, across 7 grants on its 2024 IRS Form 990-PF.
Where does Albers Family Foundation give grants?
Albers Family Foundation gives mostly in Nebraska: 62% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Iowa (21%) and Kansas (10%). The most frequent recipient cities were Omaha, NE (3 grants).
Does Albers Family Foundation give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on Albers Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support" (7 grants).
Who are Albers Family Foundation's largest grantees?
Albers Family Foundation's largest 2024 grantees include CBMC Heartland ($2,000), Abben Center Cancer Research ($2,000) and Lutheran Church ($2,000), according to its 2024 IRS Form 990-PF. Together they received 62% of its itemized 2024 grant dollars.
How large is Albers Family Foundation?
Albers Family Foundation reported $108K in total assets on its 2024 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
What is Albers Family Foundation's EIN?
Albers Family Foundation's EIN (Employer Identification Number) is 80-0019546. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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