Chester P Luick Memorial Trust

Private foundation · Grantmaker Belmond, IA EIN: 42-6178601

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

1state

Share of 2025 grant dollars across all 5 itemized grants.

States

Cities

Belmond

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K7 grants2020 6 grants2021 2 grants2022 2 grants2023 5 grants2024 5 grants2025

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

Belmond Community Hospital Found: $50KBelmond Community HospitalFound$50KBelmond Area Arts Council: $38K across 2 grantsBelmond Area Arts Council$38K · 2 grantsBuild a Better Belmond: $25KBuild a Better Belmond$25KBelmond Historical Society: $4KBelmond Historical Society$4K

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

14<$50K2$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 20 (70%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Belmond Community Hospital Found Belmond, IAPLEDGE 2/3$50,000
Belmond Area Arts Council Belmond, IAIowa River Players$30,000
Build a Better Belmond Belmond, IAUpscale the Trail 2/3$25,000
Belmond Area Arts Council Belmond, IARoof Project$8,000
Belmond Historical Society Belmond, IAShadow Box Displays$4,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 6, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  7. 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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