Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust

Public charity · Grantmaker Nora Springs, IA EIN: 26-6533984

Support of st. Lukes lutheran church

Key facts about Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust

EIN
26-6533984
Latest 990 filing
Form 990, 2025
Total assets
$926,308

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$926K

-0.6% YoY

Revenue

$27K

-0.7% YoY

Net Investment Income

$27K

-0.7% YoY

Expenses

$32K

-1.4% YoY

How Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust gives

  • Giving fell 55% from 2019 to 2022. Method

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

About Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust

Based on IRS filings

Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust is a public charity focused on religion, based in Nora Springs, IA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $926K in total assets. Net investment income was $27K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Nora Springs

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K1 grant2019 1 grant2020 0 grants2021 1 grant2022 0 grants2023 0 grants2024 0 grants2025

From 2019 to 2022, annual grant giving ranged from $14K (2022) to $31K (2020). In 2022 it made 1 grant totaling $14K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$10K$20K$30K$40K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$926,308$931,642$937,242
Revenue$27,091$27,294$27,629
Expenses$32,425$32,894$32,798
Net Investment Income$27,091$27,294$27,629

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS March 5, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS March 15, 2021)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)

Leadership & Key People

Officers and directors from IRS filings

Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust is led by Marcia Schwab, Trustee on every filing since 2022 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Marcia Schwab

    Trustee

    On filings since 2022

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: Thomas J. Schwab (2019–2021) — Trustee

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 Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust

How large is Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust?

Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust reported $926K in total assets on its 2025 IRS Form 990. Its revenue that year was $27K.

What is Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust?

Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust is a public charity focused on religion, based in Nora Springs, IA. It holds $926K in total assets as of 2025.

Where does Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust operate?

Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust has awarded grants in Iowa.

What is Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust's EIN?

Clyde E Frese & Nellie M Frese Charitable Remainder Annuity Trust's EIN (Employer Identification Number) is 26-6533984. IRS Form 990 filing data is available on this page for 2019–2025.

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

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