Demco Charitable Foundation
Demco Charitable Foundation is a private foundation based in Boyden, Iowa. Its 2025 filing reports grants for education and educational services, community services, support for people living with special needs, and economic development.
Demco Charitable Foundation at a glance
In short: Demco Charitable Foundation gave $165K across 23 grants in 2025 (avg $7K), mostly in Iowa. 30% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $165,336
- -57.5% vs 2024
- Grants made (2025)
- 23
- -4.2% vs 2024
- Average grant
- $7,189
- -55.6% vs 2024
- Median grant
- $2,500
- Total assets
- $3,338,115
- +3.4% vs 2024
- New grantees (estimate)
- 30% first-time grantees (7 of 23, 2025; small sample)
- Primary geography
- Iowa (91% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Demco Charitable Foundation
- How to Apply
-
The 2024 filing lists Kevin Ten Haken as the application contact. Applicants are asked to provide a statement of purpose, use of gift, and verification of tax-exempt status. The filing lists no restrictions on awards.
- Review Cycle
- None listed.
- Deadline
- None listed.
- Contact
Application contact: Kevin Ten Haken
Mailing address: 4010 320Th St, Boyden, IA 51234
Phone: (712) 725-2311
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Demco Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Boyden-Hull High School ($82K). Together the top 10 received $150K.
Grant Size Distribution
113 grants across all recorded years
The most common grant size was under $50K: 111 grants of 113 (98%).
Geographic Focus
Where this funder awards grants
In 2025, 91% of grant dollars went to recipients in Iowa, 6% to South Dakota, 2% to Ohio, 1% to Georgia, and 1% to Tennessee. These reported shares total 101%.
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
Cities
Is Demco Charitable Foundation open to new grantees?
30%
first-time grantees, 2025
In 2025, 7 of 23 grantees (30%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $2K; repeat grants $9K. How we count
Medians: $2K first-time, $3K repeat.
- 65% of 2025 grantees were also funded in 2024. Method
- Giving grew 44% from 2022 to 2025. Method
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $107K (2021) to $389K (2024). In 2025 it made 23 grants totaling $165K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boyden-Hull High School Hull, IA | To Support Educational Services | $81,766 |
| Shaylee Bee Foundation Spencer, IA | To Support Those Living with Special Needs | $25,000 |
| Northwestern College Orange City, IA | To Support Educational Services | $10,250 |
| The Luke Society Sioux Falls, SD | To Support Community Services | $10,000 |
| Hull Bright Start Hull, IA | To Support Education | $5,000 |
| Northwest Iowa Soccer Club Spencer, IA | To Support Community Services | $5,000 |
| MOC-Floyed Valley Community School District Orange City, IA | To Support Community Services | $4,000 |
| Rise Sponsorship (Silver) Pledge Sheldon, IA | To Support Community Services | $3,000 |
| Lifewise Acadamy Hilliard, OH | To Support Education | $3,000 |
| Iowa Lakes Corridor Spencer, IA | To support economic development in Bv, Clay, Dickinson, and Emmet counties | $2,500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,338,115 | $296,997 | $183,447 | $165,336 | 23 | $165,336 | $281,231 | $175,488 |
| 2024 | $3,228,416 | $776,939 | $389,611 | $388,600 | 24 | $388,600 | $126,939 | $155,478 |
| 2023 | $2,840,581 | $707,103 | $133,852 | $130,750 | 21 | $130,750 | $91,927 | $125,366 |
| 2022 | $2,272,759 | $533,853 | $128,573 | $114,922 | 24 | $114,922 | $149,068 | $115,172 |
| 2021 | $1,876,485 | $86,676 | $119,280 | $107,325 | 21 | — | $35,472 | $102,761 |
Under IRS private-foundation payout rules, Demco Charitable Foundation reported a distributable amount of $175K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include support for schools, colleges, community services, people living with special needs, and economic development in specified Iowa counties.
Among its 2025 grantees, Northwestern College describes itself as a Christian academic community that engages students in learning and living intended to help them follow Christ and pursue God’s redeeming work. Upper Des Moines Opportunity says it works to strengthen communities by addressing the effects of poverty on individuals and families. Freedom in Christ Ministries says it provides resources, training, and continuing support to leaders so they can help others find freedom in Christ. Iowa College Foundation says it furthers the growth and development of private colleges and universities in Iowa.
Grantmaking
The foundation reported 23 grants totaling $165,336 in 2025. Grant amounts ranged from $250 to $81,766, with a median grant of $2,500. In 2024, it reported 24 grants totaling $388,600; in 2023, it reported 21 grants totaling $130,750.
Notable 2025 grants included $81,766 to Boyden-Hull High School for educational services; $25,000 to Shaylee Bee Foundation to support people living with special needs; $10,250 to Northwestern College for educational services; and $10,000 to The Luke Society for community services. Other grants included $5,000 each to Hull Bright Start for education and Northwest Iowa Soccer Club for community services.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Robert Koerselman as president, Kevin Ten Haken as vice president, James C Koerselman as secretary, and Janice Vander Pol as treasurer.
Demco Charitable Foundation is led by Robert Koerselman, President since 2023 (on filings since 2021); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Robert Koerselman
President
Vice President & Secretary → President, 2023
On filings since 2021
No compensation reported
James C. Koerselman
Secretary
President & Treasurer → Secretary, 2023
On filings since 2021
No compensation reported
Janice Vander Pol
Treasurer
On filings since 2023
No compensation reported
Kevin Ten Haken
Vice President
On filings since 2023
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Demco Charitable Foundation
How much does Demco Charitable Foundation give each year?
Demco Charitable Foundation gave $165K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $389K across 24 grants.
What is Demco Charitable Foundation's typical grant size?
Demco Charitable Foundation's median grant in 2025 was $2,500, and its average grant was $7,189, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Demco Charitable Foundation that year got $2K on average.
Where does Demco Charitable Foundation give grants?
Demco Charitable Foundation gives mostly in Iowa: 91% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was South Dakota (6%). The most frequent recipient cities were Spencer, IA (3 grants), Sheldon, IA (3 grants), Des Moines, IA (3 grants) and Hull, IA (2 grants).
Does Demco Charitable Foundation give general operating support?
Not in 2025: none of the 23 grants with a stated purpose on Demco Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support Community Services" (9 grants), "To Support Education" (4 grants) and "To Support Educational Services" (3 grants).
Who are Demco Charitable Foundation's largest grantees?
Demco Charitable Foundation's largest 2025 grantees include Boyden-Hull High School ($81,766), Shaylee Bee Foundation ($25,000) and Northwestern College ($10,250), according to its 2025 IRS Form 990-PF. Together they received 71% of its itemized 2025 grant dollars.
How large is Demco Charitable Foundation?
Demco Charitable Foundation reported $3.3M in total assets on its 2025 IRS Form 990-PF. It paid out $165K in qualifying distributions that year, against a required minimum of $175K (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 does Demco Charitable Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants include support for schools, colleges, community services, people living with special needs, and economic development in specified Iowa counties. See mission & focus areas ↑
How do I apply for a grant from Demco Charitable Foundation?
The 2024 filing lists Kevin Ten Haken as the application contact. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Demco Charitable Foundation's EIN?
Demco Charitable Foundation's EIN (Employer Identification Number) is 42-1322684. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 3, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 4, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Demco Charitable Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Demco Charitable Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/demco-charitable-foundation-morg_369fbb558c764f2ebcda517c8d4e5605
BibTeX
@misc{grantable_421322684_2026,
author = {{Grantable}},
title = {{Demco Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/demco-charitable-foundation-morg_369fbb558c764f2ebcda517c8d4e5605},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Demco Charitable Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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