Herbert and Peggy Iffert Trust

MILWAUKEE, WI EIN: 27-6120717

Herbert and Peggy Iffert Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 2 grants totaling $221K. Net investment income was $588K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.5M

+8.6% YoY

Annual Giving

$221K

-8.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$110K

-8.3% YoY

Under IRS private-foundation payout rules, Herbert and Peggy Iffert Trust reported a distributable amount of $224K for 2024 — the minimum it must pay out in qualifying distributions.

About Herbert and Peggy Iffert Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Missouri $461K (100%)

States

Missouri

Cities

Saint Joseph

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$4,458,406	$4,106,635
Revenue	$643,604	$248,922
Expenses	$289,807	$298,130
Qualifying Distributions	$230,604	$247,433
Net Investment Income	$588,492	$197,116
Distributable Amount	$224,111	$215,126

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mo Western Foundation ($143,457), Faith United Church ($77,246).

Recipient	Purpose	Amount
MO WESTERN FOUNDATION SAINT JOSEPH, MO	GENERAL OPERATING	$143,457
FAITH UNITED CHURCH SAINT JOSEPH, MO	GENERAL OPERATING	$77,246

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
US BANK NA	TRUSTEE	40	$58,010

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Herbert and Peggy Iffert Trust?

Herbert and Peggy Iffert Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. It holds $4.5M in total assets as of 2024.

How large is Herbert and Peggy Iffert Trust?

As of 2024, Herbert and Peggy Iffert Trust holds $4.5M in total assets with $644K in annual revenue. It awarded 2 grants totaling $221K in 2024.

Where does Herbert and Peggy Iffert Trust operate?

Herbert and Peggy Iffert Trust has awarded grants in Missouri.

What size grants does Herbert and Peggy Iffert Trust award?

In 2024, Herbert and Peggy Iffert Trust awarded 2 grants totaling $221K — an average of about $110K per grant, based on its IRS Form 990 filings.

How much is Herbert and Peggy Iffert Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Herbert and Peggy Iffert Trust reported a distributable amount of $224K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Herbert and Peggy Iffert Trust's EIN?

Herbert and Peggy Iffert Trust's EIN (Employer Identification Number) is 27-6120717. IRS Form 990 filing data is available on this page for 2023–2024.