Albert Victor Ravenholt Fund

HANLONTOWN, IA EIN: 80-0656106

Albert Victor Ravenholt Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HANLONTOWN, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.0M in total assets. In 2024, it awarded 12 grants totaling $500K. Net investment income was $484K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.0M

-0.6% YoY

Annual Giving

$500K

+25.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$42K

+25.9% YoY

Under IRS private-foundation payout rules, Albert Victor Ravenholt Fund reported a distributable amount of $472K for 2024 — the minimum it must pay out in qualifying distributions.

About Albert Victor Ravenholt Fund

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $1.2M (52%)

Washington $545K (24%)

Iowa $200K (9%)

Wisconsin $176K (8%)

Virginia $50K (2%)

New York $25K (1%)

District of Columbia $20K (1%)

South Carolina $20K (1%)

+3 more states

States

District of Columbia Hawaii Iowa Idaho Maryland Minnesota New York South Carolina Virginia Washington Wisconsin

Cities

AmeryArlingtonBalsam LakeBaltimoreBoiseElk HornHagerstownHonoluluLuckMarshfieldMinneapolisNew YorkNorth BranchNorth CharlestonPullmanSt Croix FallsWashingtonWenatchee

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$7,009,189	$7,053,289	$7,103,585
Revenue	$552,363	$433,107	$414,209
Expenses	$596,463	$483,403	$587,541
Qualifying Distributions	$514,934	$414,046	$504,108
Net Investment Income	$483,867	$368,461	$345,860
Distributable Amount	$472,315	$436,277	$457,394

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

59 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Minnesota Foundation ($100,000), Washington State University College of Agriculture Human & Nat Resources ($90,000), University of Minnesota Foundation ($75,000).

Recipient	Purpose	Amount
UNIVERSITY OF MINNESOTA FOUNDATION MINNEAPOLIS, MN	TO ESTABLISH THE ALBERT RAVENHOLT SCHOLARSHIP AT THE SCHOOL OF NURSING; THE GOAL IS TO SUPPORT UP TO FOUR RENEWABLE SCHOLARSHIPS, WITH PRIORITY GOING TO FIRST GENERATION COLLEGE STUDENTS, STUDENTS FROM RURAL AREAS, AND/OR STUDENTS FROM SINGLE PARENT HOMES	$100,000
WASHINGTON STATE UNIVERSITY COLLEGE OF AGRICULTURE HUMAN & NAT RESOURCES PULLMAN, WA	TO ESTABLISH THE RAVENHOLT URBAN FOREST HEALTH LAB AT THE WSU PUYALLUP RESEARCH AND EXTENSION CENTER	$90,000
UNIVERSITY OF MINNESOTA FOUNDATION MINNEAPOLIS, MN	ONE-TIME GRANT TO THE FOREST RESOURCE DEPARTMENT'S ARBORICULTURE AND URBAN FORESTRY PRE-APPRENTICESHIP PROGRAM FOR YOUNG ADULTS OF MINNEAPOLIS GREEN ZONES	$75,000
UNIVERSITY OF MINNESOTA FOUNDATION MINNEAPOLIS, MN	SCHOLARSHIP TO PROMOTE CRITICAL MEDICAL CARE IN RURAL AREAS OF MINNESOTA AND WISCONSIN	$50,000
UNIVERSITY OF MINNESOTA FOUNDATION MINNEAPOLIS, MN	ONE-TIME GRANT FOR THE DULUTH MEDICAL SCHOOL'S GATEWAYS TO MEDICINE AND RESEARCH PROGRAM	$50,000
UNIVERSITY OF MINNESOTA FOUNDATION MINNEAPOLIS, MN	TO ESTABLISH THE ALBERT VICTOR RAVENHOLT SCHOLAR FELLOWSHIP IN CENTER FOR INFECTIOUS DISEASE RESEARCH AND POLICY	$50,000
UNIVERSITY OF MINNESOTA FOUNDATION MINNEAPOLIS, MN	ONE-TIME GRANT FOR THE DEPARTMENT OF ENTOMOLOGY FOREST INSECT SCIENCE LAB'S KEEPING OUR TREES GREEN PROGRAM	$25,000
UNITED PIONEER HOME INC LUCK, WI	ONE-TIME GRANT TO FUND THE PURCHASE OF A WHIRLPOOL TUB AND A PATIENT LIFT	$18,500
UNIVERSITY OF MINNESOTA FOUNDATION MINNEAPOLIS, MN	ONE-TIME GRANT TO THE DEPARTMENT OF PLANT PATHOLOGY'S CEREAL DISEASE RESISTANCE AND GERMPLASM ENHANCE PROJECT	$25,000
WASHINGTON APPLE EDUCATION FOUNDATION WENATCHEE, WA	GENERAL SUPPORT	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ANN BOKELMAN	PRESIDENT/DIRECTOR	1.5	$5,000
ERIC NUSSLE	SEC/TREAS/DIR	1.5	$5,000
JANE ELLINGSON	VICE PRESIDENT/DIR	1.25	$5,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Albert Victor Ravenholt Fund?

Albert Victor Ravenholt Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HANLONTOWN, IA. It holds $7.0M in total assets as of 2024.

How large is Albert Victor Ravenholt Fund?

As of 2024, Albert Victor Ravenholt Fund holds $7.0M in total assets with $552K in annual revenue. It awarded 12 grants totaling $500K in 2024.

Where does Albert Victor Ravenholt Fund operate?

Albert Victor Ravenholt Fund has awarded grants in District of Columbia, Hawaii, Iowa, Idaho, Maryland, Minnesota, New York, South Carolina, Virginia, Washington, Wisconsin.

What size grants does Albert Victor Ravenholt Fund award?

In 2024, Albert Victor Ravenholt Fund awarded 12 grants totaling $500K — an average of about $42K per grant, based on its IRS Form 990 filings.

How much is Albert Victor Ravenholt Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Albert Victor Ravenholt Fund reported a distributable amount of $472K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.