Betts Foundation
Betts Foundation is a private foundation, based in Des Moines, IA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $377K in total assets. In 2024, it awarded 4 grants totaling $13K. Net investment income was $17K.
Betts Foundation at a glance
In short: Betts Foundation gave $13K across 4 grants in 2024 (avg $3K), mostly in Iowa. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $13,350
- +196.7% vs 2023
- Grants made (2024)
- 4
- +100.0% vs 2023
- Average grant
- $3,338
- +48.3% vs 2023
- Median grant
- $1,550
- Total assets
- $376,826
- +6.8% vs 2023
- Primary geography
- Iowa (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Betts Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Mind and Spirit Counseling Center ($10K). Together the top 4 received $13K.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 28 grants of 28 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How Betts Foundation gives
- Giving held roughly steady from 2021 to 2024 (−16%). Method
- In 2024 it paid out 78% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2019 to 2024, annual grant giving ranged from $5K (2023) to $32K (2019). In 2024 it made 4 grants totaling $13K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mind and Spirit Counseling Center Urbandale, IA | Provides mental health services to those unable to afford counseling. | $10,000 |
| Great Outdoor Foundation - ICON Watertrails West Des Moines, IA | Initiative aimed at connecting 150 miles of water trails in Central Iowa | $2,000 |
| Scottish Rite Park Des Moines, IA | Helps SRP residents who are unable to pay | $1,100 |
| Community Foundation Greater Des Moines Des Moines, IA | Supports and impacts community initiatives in the Des Moines area/made in memory of Doug Reichardt. | $250 |
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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 | $376,826 | $42,832 | $19,002 | $13,350 | 4 | $14,227 | $17,187 | $18,257 |
| 2023 | $352,996 | $19,943 | $11,046 | $4,500 | 2 | $5,225 | $6,986 | $17,259 |
| 2022 | $344,099 | $-14,626 | $11,297 | $4,700 | 5 | $5,325 | $753 | $17,660 |
| 2021 | $370,022 | $21,197 | $24,175 | $15,800 | 9 | $16,432 | $14,729 | $19,103 |
| 2020 | $373,000 | $52,110 | $37,248 | $29,500 | 8 | — | $45,264 | $18,673 |
| 2019 | $358,138 | $38,862 | $40,445 | $31,550 | 11 | — | $30,220 | $19,333 |
Under IRS private-foundation payout rules, Betts Foundation reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Betts Foundation's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Charles H Betts Jr.
Trustee
On filings since 2019
1 hr/week
No compensation reported
Barbara Nish
Trustee
On filings since 2022
1 hr/week
No compensation reported
Charles D Betts
Trustee
On filings since 2022
1 hr/week
No compensation reported
Laurie Betts Sloterdyk
Trustee
On filings since 2022
1 hr/week
No compensation reported
Sarah Betts Susanin
Trustee
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 Betts Foundation
How much does Betts Foundation give each year?
Betts Foundation gave $13K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5K across 2 grants.
What is Betts Foundation's typical grant size?
Betts Foundation's median grant in 2024 was $1,550, and its average grant was $3,338, across 4 grants on its 2024 IRS Form 990-PF.
Where does Betts Foundation give grants?
Betts Foundation gives mostly in Iowa: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Des Moines, IA (2 grants).
Does Betts Foundation give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on Betts Foundation's 2024 IRS Form 990-PF were described as general or operating support.
How large is Betts Foundation?
Betts Foundation reported $377K in total assets on its 2024 IRS Form 990-PF. It paid out $14K in qualifying distributions that year, against a required minimum of $18K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Betts Foundation's EIN?
Betts Foundation's EIN (Employer Identification Number) is 42-6059607. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 14, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 27, 2025)
- IRS filings on file for fiscal years 2019–2024
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