Ida L Mary L and Ervin R Nepage Foundatio

MILWAUKEE, WI EIN: 51-0220073

Ida L Mary L and Ervin R Nepage Foundatio is a private foundation, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $333K in total assets. In 2024, it awarded 1 grants totaling $57K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$333K

-5.5% YoY

Annual Giving

$57K

+52.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$57K

+52.3% YoY

Under IRS private-foundation payout rules, Ida L Mary L and Ervin R Nepage Foundatio reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.

About Ida L Mary L and Ervin R Nepage Foundatio

Based on IRS filings

Ready to take the next step with Ida L Mary L and Ervin R Nepage Foundatio?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Washington $152K (100%)

States

Washington

Cities

Seattle

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$333,075	$352,616	$388,593
Revenue	$15,200	$13,226	$11,326
Expenses	$72,162	$49,193	$32,504
Qualifying Distributions	$62,904	$39,922	$23,334
Net Investment Income	$5,996	$3,639	$1,702
Distributable Amount	$56,986	$19,341	$20,528

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Seattle Colleges Office of Advancement ($56,963).

Recipient	Purpose	Amount
SEATTLE COLLEGES OFFICE OF ADVANCEMENT SEATTLE, WA	GENERAL OPERATING	$56,963

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
US BANK N A	TRUSTEE	1	$10,000

Frequently Asked Questions

How large is Ida L Mary L and Ervin R Nepage Foundatio?

As of 2024, Ida L Mary L and Ervin R Nepage Foundatio holds $333K in total assets with $15K in annual revenue. It awarded 1 grants totaling $57K in 2024.

Where does Ida L Mary L and Ervin R Nepage Foundatio operate?

Ida L Mary L and Ervin R Nepage Foundatio has awarded grants in Washington.

What size grants does Ida L Mary L and Ervin R Nepage Foundatio award?

In 2024, Ida L Mary L and Ervin R Nepage Foundatio awarded 1 grants totaling $57K — an average of about $57K per grant, based on its IRS Form 990 filings.

How much is Ida L Mary L and Ervin R Nepage Foundatio required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ida L Mary L and Ervin R Nepage Foundatio reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ida L Mary L and Ervin R Nepage Foundatio's EIN?

Ida L Mary L and Ervin R Nepage Foundatio's EIN (Employer Identification Number) is 51-0220073. IRS Form 990 filing data is available on this page for 2020–2024.