Grace & Donna RAE Koepp Foundation
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.
Grace & Donna RAE Koepp Foundation at a glance
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.
- Annual giving (2025)
- $189,000
- -2.1% vs 2024
- Grants made (2025)
- 8
- +0.0% vs 2024
- Average grant
- $23,625
- -2.1% vs 2024
- Median grant
- $6,500
- Total assets
- $3,620,410
- +1.2% vs 2024
- Primary geography
- Nebraska (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Grace & Donna RAE Koepp Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was City of Wood River ($100K). Together the top 5 received $179K.
Organizations only. It also paid 1 individual scholarship ($10,000), which are not listed by name.
Grant Size Distribution
41 grants across all recorded years
The most common grant size was under $50K: 31 grants of 41 (76%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $189K (2025) to $210K (2022). In 2025 it made 8 grants totaling $189K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| City of Wood River Wood River, NE | Pool Donation | $100,000 |
| Wood River Community Foundation Wood River, NE | Stick Creek Kids | $50,000 |
| Grace Lutheran Church Wood River, NE | Building Fund | $20,000 |
| 1 individual scholarship Recipients not named | — | $10,000 |
| Wood River Food Pantry Wood River, NE | Donation | $3,000 |
| Wood River High School Wood River, NE | Teammates | $2,500 |
| Grace Lutheran Church Wood River, NE | Donation | $2,000 |
| Wood River High School Wood River, NE | Post Prom | $1,500 |
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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 | $3,620,410 | $264,712 | $223,322 | $189,000 | 8 | $189,000 | $218,254 | $192,414 |
| 2024 | $3,579,020 | $436,031 | $219,061 | $193,000 | 8 | $193,072 | $399,706 | $185,017 |
| 2023 | $3,362,050 | $127,110 | $230,491 | $206,500 | 8 | $206,599 | $87,928 | $178,182 |
| 2022 | $3,465,431 | $69,125 | $241,514 | $210,000 | 7 | $210,000 | $74,453 | $188,655 |
| 2021 | $3,637,820 | $284,384 | $236,329 | $207,000 | 10 | $207,000 | $253,227 | $206,146 |
| 2020 | $3,589,765 | $160,052 | $219,192 | $194,965 | 9 | — | $123,957 | $189,810 |
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.
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 (7 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. It also paid 1 individual scholarship ($10,000), which are not listed by name. 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.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 20, 2026)
- IRS filings on file for fiscal years 2020–2024
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