Harold W & Leone L Godbersen

Private foundation · Grantmaker Ida Grove, IA EIN: 42-1287050

Harold W & Leone L Godbersen is a private foundation, based in Ida Grove, IA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.9M in total assets. In 2025, it awarded 3 grants totaling $196K. Net investment income was $176K.

Key facts about Harold W & Leone L Godbersen

In short: Harold W & Leone L Godbersen gave $196K across 3 grants in 2025 (avg $65K), mostly in Iowa. Source: 2025 IRS Form 990-PF.

EIN
42-1287050
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$196,347
Grants made (2025)
3
Average grant
$65,449
Median grant
$75,000
Total assets
$2,898,081
Primary geography
Iowa (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

$2.9M

-0.7% YoY

Annual Giving

$196K

+45.2% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$65K

+93.6% YoY

Under IRS private-foundation payout rules, Harold W & Leone L Godbersen reported a distributable amount of $164K for 2025 — the minimum it must pay out in qualifying distributions.

How Harold W & Leone L Godbersen gives

  • Giving grew 158% from 2022 to 2025. Method
  • In 2025 it paid out 120% of its IRS minimum distribution (the 5% rule). 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 3 itemized grants.

States

Cities

Ida GroveOdeboltStorm Lake

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K6 grants2019 3 grants2020 4 grants2021 2 grants2022 4 grants2023 4 grants2024 3 grants2025

From 2019 to 2025, annual grant giving ranged from $76K (2022) to $196K (2025). In 2025 it made 3 grants totaling $196K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Battle Creekida Grove Student Scholarships: $103KBattle Creekida Grove StudentScholarships$103KIda Grove Kiwanis Charitable Foundation: $75KIda Grove Kiwanis CharitableFoundation$75KOabcig Community School District: $18KOabcig Community SchoolDistrict$18K

The largest 2025 recipient was Battle Creekida Grove Student Scholarships ($103K). Together the top 3 received $196K.

Grant Size Distribution

17 grants across all recorded years

11<$50K5$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 17 (65%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Battle Creekida Grove Student Scholarships Ida Grove, IAScholarships$103,000
Ida Grove Kiwanis Charitable Foundation Ida Grove, IASplash Pad and City Park Project$75,000
Oabcig Community School District Ida Grove, IANew Sound System in the High School Cafetorium$18,347

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,898,081$2,918,148$2,936,832
Revenue$206,117$141,124$1,306,263
Expenses$226,184$159,808$197,482
Qualifying Distributions$196,347$135,250$123,238
Net Investment Income$176,280$116,566$62,673
Distributable Amount$163,563$159,567$112,303

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 11, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 7, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 5, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  8. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Harold W & Leone L Godbersen's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Sharon Godbersen

    Director

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • David Petersen

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Laurie Krayenhagen

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Michelle Godbersen

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

Former officers (2)
  • Former: Ed Jacobson (2019–2022) — Director
  • Former: Gary Godbersen (2019–2022) — Director

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 Harold W & Leone L Godbersen

How much does Harold W & Leone L Godbersen give each year?

Harold W & Leone L Godbersen gave $196K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $135K across 4 grants.

What is Harold W & Leone L Godbersen's typical grant size?

Harold W & Leone L Godbersen's median grant in 2025 was $75,000, and its average grant was $65,449, across 3 grants on its 2025 IRS Form 990-PF.

Where does Harold W & Leone L Godbersen give grants?

Harold W & Leone L Godbersen gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Ida Grove, IA (3 grants).

Does Harold W & Leone L Godbersen give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Harold W & Leone L Godbersen's 2025 IRS Form 990-PF were described as general or operating support.

How large is Harold W & Leone L Godbersen?

Harold W & Leone L Godbersen reported $2.9M in total assets on its 2025 IRS Form 990-PF. It paid out $196K in qualifying distributions that year, against a required minimum of $164K (roughly 5% of its investment assets).

What is Harold W & Leone L Godbersen's EIN?

Harold W & Leone L Godbersen's EIN (Employer Identification Number) is 42-1287050. IRS Form 990 filing data is available on this page for 2019–2025.

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

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