Chester P Luick Memorial Trust
Chester P Luick Memorial Trust is a private foundation, based in Belmond, IA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $705K in total assets. In 2025, it awarded 5 grants totaling $117K. Net investment income was $89K.
Key facts about Chester P Luick Memorial Trust
In short: Chester P Luick Memorial Trust gave $117K across 5 grants in 2025 (avg $23K), mostly in Iowa. Source: 2025 IRS Form 990-PF.
- EIN
- 42-6178601
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $117,000
- Grants made (2025)
- 5
- Average grant
- $23,400
- Median grant
- $25,000
- Total assets
- $704,965
- Primary geography
- Iowa (100% 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
$705K
+14.0% YoY
Annual Giving
$117K
-42.6% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$23K
-42.6% YoY
Under IRS private-foundation payout rules, Chester P Luick Memorial Trust reported a distributable amount of $157K for 2025 — the minimum it must pay out in qualifying distributions.
How Chester P Luick Memorial Trust gives
- Giving fell 40% from 2022 to 2025. Method
- In 2025 it paid out 74% 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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $82K (2020) to $216K (2021). In 2025 it made 5 grants totaling $117K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Belmond Community Hospital Found ($50K). Together the top 4 received $117K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 14 grants of 20 (70%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Belmond Community Hospital Found Belmond, IA | PLEDGE 2/3 | $50,000 |
| Belmond Area Arts Council Belmond, IA | Iowa River Players | $30,000 |
| Build a Better Belmond Belmond, IA | Upscale the Trail 2/3 | $25,000 |
| Belmond Area Arts Council Belmond, IA | Roof Project | $8,000 |
| Belmond Historical Society Belmond, IA | Shadow Box Displays | $4,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $704,965 | $618,372 | $741,720 |
| Revenue | $107,162 | $60,421 | $185,719 |
| Expenses | $134,713 | $224,133 | $176,339 |
| Qualifying Distributions | $117,000 | $204,000 | $154,800 |
| Net Investment Income | $89,449 | $37,054 | $164,180 |
| Distributable Amount | $157,373 | $157,775 | $232,797 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Chester P Luick Memorial Trust's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Bradley W. Robson
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Gary L. Berkland
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Terri Havens
Trustee & Director
On filings since 2024
1 hr/week
No compensation reported
Former officers (1)
- Former: George S. Hinman (2020–2023) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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 Chester P Luick Memorial Trust
How much does Chester P Luick Memorial Trust give each year?
Chester P Luick Memorial Trust gave $117K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $204K across 5 grants.
What is Chester P Luick Memorial Trust's typical grant size?
Chester P Luick Memorial Trust's median grant in 2025 was $25,000, and its average grant was $23,400, across 5 grants on its 2025 IRS Form 990-PF.
Where does Chester P Luick Memorial Trust give grants?
Chester P Luick Memorial Trust gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Belmond, IA (5 grants).
Does Chester P Luick Memorial Trust give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on Chester P Luick Memorial Trust's 2025 IRS Form 990-PF were described as general or operating support.
Who are Chester P Luick Memorial Trust's largest grantees?
Chester P Luick Memorial Trust's largest 2025 grantees include Belmond Community Hospital Found ($50,000), Belmond Area Arts Council ($38,000 across 2 grants) and Build a Better Belmond ($25,000), according to its 2025 IRS Form 990-PF. Together they received 97% of its itemized 2025 grant dollars.
How large is Chester P Luick Memorial Trust?
Chester P Luick Memorial Trust reported $705K in total assets on its 2025 IRS Form 990-PF. It paid out $117K in qualifying distributions that year, against a required minimum of $157K (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 Chester P Luick Memorial Trust's EIN?
Chester P Luick Memorial Trust's EIN (Employer Identification Number) is 42-6178601. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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