Grace & Donna RAE Koepp Foundation

Private foundation · Grantmaker Wood River, NE EIN: 47-0807170

Grace & Donna RAE Koepp Foundation is a private foundation, based in Wood River, NE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.6M in total assets. In 2025, it awarded 8 grants totaling $189K. Net investment income was $218K.

Key facts about Grace & Donna RAE Koepp Foundation

In short: Grace & Donna RAE Koepp Foundation gave $189K across 8 grants in 2025 (avg $24K), mostly in Nebraska. Source: 2025 IRS Form 990-PF.

EIN
47-0807170
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$189,000
Grants made (2025)
8
Average grant
$23,625
Median grant
$6,500
Total assets
$3,620,410
Primary geography
Nebraska (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

$3.6M

+1.2% YoY

Annual Giving

$189K

-2.1% YoY

Grant Count

8

+0.0% YoY

Avg Grant Size

$24K

-2.1% YoY

Under IRS private-foundation payout rules, Grace & Donna RAE Koepp Foundation reported a distributable amount of $192K for 2025 — the minimum it must pay out in qualifying distributions.

How Grace & Donna RAE Koepp Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−10%). Method
  • In 2025 it paid out 98% 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 8 itemized grants.

States

Cities

Wood River

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K9 grants2020 10 grants2021 7 grants2022 8 grants2023 8 grants2024 8 grants2025

From 2020 to 2025, annual grant giving ranged from $189K (2025) to $210K (2022). In 2025 it made 8 grants totaling $189K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

City of Wood River: $100KCity of Wood River$100KWood River Community Foundation: $50KWood River CommunityFoundation$50KGrace Lutheran Church: $22K across 2 grantsGrace Lutheran Church$22K · 2 grantsWood River High School: $14K across 3 grantsWood River High School$14K · 3 grantsWood River Food Pantry: $3KWood River Food Pantry$3K

The largest 2025 recipient was City of Wood River ($100K). Together the top 5 received $189K.

Grant Size Distribution

41 grants across all recorded years

31<$50K5$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 31 grants of 41 (76%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
City of Wood River Wood River, NEPool Donation$100,000
Wood River Community Foundation Wood River, NEStick Creek Kids$50,000
Grace Lutheran Church Wood River, NEBuilding Fund$20,000
Wood River High School Wood River, NEScholarships$10,000
Wood River Food Pantry Wood River, NEDonation$3,000
Wood River High School Wood River, NETeammates$2,500
Grace Lutheran Church Wood River, NEDonation$2,000
Wood River High School Wood River, NEPost Prom$1,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,620,410$3,579,020$3,362,050
Revenue$264,712$436,031$127,110
Expenses$223,322$219,061$230,491
Qualifying Distributions$189,000$193,072$206,599
Net Investment Income$218,254$399,706$87,928
Distributable Amount$192,414$185,017$178,182

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 August 3, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 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 20, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Grace & Donna RAE Koepp Foundation is led by Kurt Koepp, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kurt Koepp

    President

    On filings since 2020

    No compensation reported

  • Karman Wissing

    Director

    On filings since 2020

    No compensation reported

  • Chris Stewart

    Treasurer

    On filings since 2020

    No compensation reported

  • Kristi Koepp

    V.p. & Secretary

    On filings since 2020

    No compensation reported

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 Grace & Donna RAE Koepp Foundation

How much does Grace & Donna RAE Koepp Foundation give each year?

Grace & Donna RAE Koepp Foundation gave $189K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $193K across 8 grants.

What is Grace & Donna RAE Koepp Foundation's typical grant size?

Grace & Donna RAE Koepp Foundation's median grant in 2025 was $6,500, and its average grant was $23,625, across 8 grants on its 2025 IRS Form 990-PF.

Where does Grace & Donna RAE Koepp Foundation give grants?

Grace & Donna RAE Koepp Foundation gives mostly in Nebraska: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Wood River, NE (8 grants).

Does Grace & Donna RAE Koepp Foundation give general operating support?

Not in 2025: none of the 8 grants with a stated purpose on Grace & Donna RAE Koepp Foundation's 2025 IRS Form 990-PF were described as general or operating support.

Who are Grace & Donna RAE Koepp Foundation's largest grantees?

Grace & Donna RAE Koepp Foundation's largest 2025 grantees include City of Wood River ($100,000), Wood River Community Foundation ($50,000) and Grace Lutheran Church ($22,000 across 2 grants), according to its 2025 IRS Form 990-PF. Together they received 91% of its itemized 2025 grant dollars.

How large is Grace & Donna RAE Koepp Foundation?

Grace & Donna RAE Koepp Foundation reported $3.6M in total assets on its 2025 IRS Form 990-PF. It paid out $189K in qualifying distributions that year, against a required minimum of $192K (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 Grace & Donna RAE Koepp Foundation's EIN?

Grace & Donna RAE Koepp Foundation's EIN (Employer Identification Number) is 47-0807170. 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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