Doris & Ralph Preuss Charitable Trust

MASON CITY, IA EIN: 85-6218767

Doris & Ralph Preuss Charitable Trust is a private foundation, based in MASON CITY, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 7 grants totaling $150K. Net investment income was $142K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.3M

-0.6% YoY

Annual Giving

$150K

+3.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$21K

+3.4% YoY

Under IRS private-foundation payout rules, Doris & Ralph Preuss Charitable Trust reported a distributable amount of $160K for 2024 — the minimum it must pay out in qualifying distributions.

About Doris & Ralph Preuss Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Iowa $358K (70%)

Minnesota $153K (30%)

States

Iowa Minnesota

Cities

Mason CityWatervilleWaverly

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,253,252	$3,274,352	$3,344,661
Revenue	$171,820	$125,890	$128,103
Expenses	$192,920	$196,199	$202,914
Qualifying Distributions	$162,345	$156,761	$163,417
Net Investment Income	$142,445	$86,510	$92,106
Distributable Amount	$159,682	$160,726	$165,529

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

35 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Trinity Lutheran Church ($45,000), St James Lutheran Church ($30,000), Cerro Gordo County Consvervation Board ($15,000).

Recipient	Purpose	Amount
CERRO GORDO COUNTY CONSVERVATION BOARD MASON CITY, IA	MAINTAIN LANDDONATED AS GREENAREA	$15,000
CHARLES H MACNIDER ART MUSEUM MASON CITY, IA	SUCH PURPOSES ASMUSEUM BOARDDETERMINES	$15,000
GOOD SHEPHERD HEALTH CENTER INC MASON CITY, IA	TELEPHONE ANSWERINGSERVICE FORHOMEBOUND	$15,000
LUTHERAN CHILDREN'S HOME SOCIETY WAVERLY, IA	CAPITAL IMPROVEMENTSAS DIRECTORS DEEMNECESSARY	$15,000
NORTH IOWA AREA COMMUNITY COLLEGE MASON CITY, IA	MECHANICAL ARTSSTUDENT SCHOLARSHIPS	$15,000
ST JAMES LUTHERAN CHURCH MASON CITY, IA	SCHOLARSHIP FORSTUDENTS ENTERINGMINISTRY	$30,000
TRINITY LUTHERAN CHURCH WATERVILLE, MN	SCHOLARSHIP FOR STUDENTS ENTERING MINISTRY	$45,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Doris & Ralph Preuss Charitable Trust?

As of 2024, Doris & Ralph Preuss Charitable Trust holds $3.3M in total assets with $172K in annual revenue. It awarded 7 grants totaling $150K in 2024.

Where does Doris & Ralph Preuss Charitable Trust operate?

Doris & Ralph Preuss Charitable Trust has awarded grants in Iowa, Minnesota.

What size grants does Doris & Ralph Preuss Charitable Trust award?

In 2024, Doris & Ralph Preuss Charitable Trust awarded 7 grants totaling $150K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is Doris & Ralph Preuss Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Doris & Ralph Preuss Charitable Trust reported a distributable amount of $160K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Doris & Ralph Preuss Charitable Trust's EIN?

Doris & Ralph Preuss Charitable Trust's EIN (Employer Identification Number) is 85-6218767. IRS Form 990 filing data is available on this page for 2020–2024.