Iowa Realty Foundation
Iowa Realty Foundation is a private foundation, based in West Des Moines, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $594K in total assets. In 2024, it awarded 1 grant totaling $100K. Net investment income was $4K.
Iowa Realty Foundation at a glance
In short: Iowa Realty Foundation gave $100K across 1 grant in 2024 (avg $100K), mostly in Iowa. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $100,000
- -8.8% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $100,000
- -8.8% vs 2023
- Median grant
- $100,000
- Total assets
- $593,685
- +11.7% vs 2023
- Primary geography
- Iowa (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Iowa Realty Foundation funds
How this funder distributes its grants
Grant Size Distribution
80 grants across all recorded years
The most common grant size was under $50K: 78 grants of 80 (98%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Iowa Realty Foundation gives
- Giving held roughly steady from 2021 to 2024 (−14%). Method
- In 2023 it paid out 445% of its IRS minimum distribution (the 5% rule). 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 2024, annual grant giving ranged from $96K (2022) to $149K (2020). In 2024 it made 1 grant totaling $100K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached List See Attached, IA | See attached | $100,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $593,685 | $177,068 | $114,791 | $100,000 | 1 | $100,000 | $3,697 | — |
| 2023 | $531,408 | $185,666 | $123,546 | $109,706 | 1 | $109,706 | $5,747 | $24,626 |
| 2022 | $471,862 | $191,256 | $115,708 | $96,465 | 23 | $96,465 | $6,302 | $21,178 |
| 2021 | $393,741 | $195,910 | $133,075 | $116,450 | 20 | $116,450 | $514 | $17,080 |
| 2020 | $330,906 | $160,299 | $151,286 | $148,893 | 35 | — | $2,082 | $15,338 |
Leadership & Key People
Officers and directors from IRS filings
Iowa Realty Foundation is led by Kim Bakey, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kim Bakey
President
On filings since 2020
1 hr/week
No compensation reported
Eric Webster
Vice President
On filings since 2021
1 hr/week
No compensation reported
John Dunn
Vice President
On filings since 2021
1 hr/week
No compensation reported
Camron Hoorfar
Secretary
On filings since 2023
1 hr/week
No compensation reported
Patrick Schroeder
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (5)
- Former: Tomi Nelson (2020–2022) — Treasurer
- Former: Shannon Gausman (2022) — Secretary
- Former: R. Michael Knapp (2020–2021) — Vice President
- Former: Brennan Buckley (2021) — Vice President
- Former: Sandra Heilman (2020) — Secretary
Data from IRS Form 990 filings, 2020–2024. "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 Iowa Realty Foundation
How much does Iowa Realty Foundation give each year?
Iowa Realty Foundation gave $100K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $110K across 1 grant.
How large is Iowa Realty Foundation?
Iowa Realty Foundation reported $594K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $177K.
Where does Iowa Realty Foundation operate?
Iowa Realty Foundation has awarded grants in Iowa, Texas.
What is Iowa Realty Foundation's EIN?
Iowa Realty Foundation's EIN (Employer Identification Number) is 42-1502535. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 20, 2025)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 20, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Iowa Realty Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Iowa Realty Foundation's focus areas in our free grants database
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Iowa Realty Foundation down — hundreds of funders to go?