Boaz's Harvest-Zachary Foundation

Private foundation · Grantmaker Cedar Falls, IA EIN: 47-2157127

Boaz's Harvest-Zachary Foundation is a private foundation, based in Cedar Falls, IA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $553K in total assets. In 2025, it awarded 7 grants totaling $38K. Net investment income was $811.

Key facts about Boaz's Harvest-Zachary Foundation

In short: Boaz's Harvest-Zachary Foundation gave $38K across 7 grants in 2025 (avg $5K), mostly in Iowa. Source: 2025 IRS Form 990-PF.

EIN
47-2157127
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$37,650
Grants made (2025)
7
Average grant
$5,379
Median grant
$1,000
Total assets
$552,630
Primary geography
Iowa (73% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$553K

-11.0% YoY

Annual Giving

$38K

-75.4% YoY

Grant Count

7

-61.1% YoY

Avg Grant Size

$5K

-36.8% YoY

Under IRS private-foundation payout rules, Boaz's Harvest-Zachary Foundation reported a distributable amount of $28K for 2025 — the minimum it must pay out in qualifying distributions.

How Boaz's Harvest-Zachary Foundation gives

  • Giving fell 78% from 2022 to 2025. Method
  • In 2025 it paid out 152% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

WaterlooCedar FallsDes MoinesEnglewoodGeneseoNorfolkAmarilloChula VistaCoralvilleKellerSan DiegoScottsdaleTyroneViennaCedar RapidsCharlotteColorado SpringsKansas CityMarionTupelo

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K18 grants2019 17 grants2020 14 grants2021 20 grants2022 10 grants2023 18 grants2024 7 grants2025

From 2019 to 2025, annual grant giving ranged from $38K (2025) to $187K (2019). In 2025 it made 7 grants totaling $38K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Nazareth Lutheran Church: $16KNazareth Lutheran Church$16KFamily YMCA of Black Hawk County: $10KFamily YMCA of Black HawkCounty$10KYouth with a Mission: $10KYouth with a Mission$10KCommunity Fdn of Greater Des Moines: $1KCommunity Fdn of Greater DesMoines$1KGlocal Net: $500Glocal Net$500UNI Panther Legacy Club: $400UNI Panther Legacy Club$400UNI Foundation: $250UNI Foundation$250

The largest 2025 recipient was Nazareth Lutheran Church ($16K). Together the top 7 received $38K.

Grant Size Distribution

69 grants across all recorded years

66<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 66 grants of 69 (96%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Nazareth Lutheran Church Cedar Falls, IAGeneral Operating Budget$16,000
Family YMCA of Black Hawk County Waterloo, IACapital Campaign Support$10,000
Youth with a Mission Chula Vista, CAGeneral Operating Budget$9,500
Community Fdn of Greater Des Moines Des Moines, IATo Support the Okoboji Foundation$1,000
Glocal Net Keller, TXGeneral Operating Budget$500
UNI Panther Legacy Club Cedar Falls, IAGeneral Operating Budget$400
UNI Foundation Cedar Falls, IAGeneral Operating Budget$250

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$552,630$620,882$584,727
Revenue$-14,466$208,074$134,095
Expenses$53,786$171,919$126,607
Qualifying Distributions$41,950$157,402$117,877
Net Investment Income$811$194,915$46,554
Distributable Amount$27,568$28,512$25,444

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 19, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 22, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 30, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 27, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 13, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Boaz's Harvest-Zachary Foundation is led by Kenneth Lockard, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kenneth Lockard

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Amy Lockard

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Robert L. Smith Jr.

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Teresa G. Smith

    Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Boaz's Harvest-Zachary Foundation

How much does Boaz's Harvest-Zachary Foundation give each year?

Boaz's Harvest-Zachary Foundation gave $38K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $153K across 18 grants.

What is Boaz's Harvest-Zachary Foundation's typical grant size?

Boaz's Harvest-Zachary Foundation's median grant in 2025 was $1,000, and its average grant was $5,379, across 7 grants on its 2025 IRS Form 990-PF.

Where does Boaz's Harvest-Zachary Foundation give grants?

Boaz's Harvest-Zachary Foundation gives mostly in Iowa: 73% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (25%). The most frequent recipient cities were Cedar Falls, IA (3 grants).

Does Boaz's Harvest-Zachary Foundation give general operating support?

Yes: 71% of Boaz's Harvest-Zachary Foundation's 2025 grants with a stated purpose (5 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Boaz's Harvest-Zachary Foundation's largest grantees?

Boaz's Harvest-Zachary Foundation's largest 2025 grantees include Nazareth Lutheran Church ($16,000), Family YMCA of Black Hawk County ($10,000) and Youth with a Mission ($9,500), according to its 2025 IRS Form 990-PF. Together they received 94% of its itemized 2025 grant dollars.

How large is Boaz's Harvest-Zachary Foundation?

Boaz's Harvest-Zachary Foundation reported $553K in total assets on its 2025 IRS Form 990-PF. It paid out $42K in qualifying distributions that year, against a required minimum of $28K (roughly 5% of its investment assets).

What is Boaz's Harvest-Zachary Foundation's EIN?

Boaz's Harvest-Zachary Foundation's EIN (Employer Identification Number) is 47-2157127. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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