Iverson Family Foundation
Iverson Family Foundation is a private foundation filing Form 990-PF and based in Tucson, Arizona. In 2025, it reported 16 grants totaling $9,600, with most grant dollars going to recipients in Arizona.
Iverson Family Foundation at a glance
In short: Iverson Family Foundation gave $10K across 16 grants in 2025 (avg $600), mostly in Arizona. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $9,600
- +284.0% vs 2024
- Grants made (2025)
- 16
- +433.3% vs 2024
- Average grant
- $600
- -28.0% vs 2024
- Median grant
- $400
- Total assets
- $141,246
- -5.9% vs 2024
- Primary geography
- Arizona (99% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Iverson Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation stated on its 2024 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 5642 E 13Th Street, Tucson, AZ 85711
Phone: (520) 548-0755
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Iverson Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Ben's Bells ($2K). Together the top 10 received $8K.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 35 grants of 35 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 99% of grant dollars went to recipients in Arizona and 1% to recipients in Texas. Listed 2025 grantees include numerous Tucson organizations.
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
Cities
How Iverson Family Foundation gives
- Giving grew 60% from 2022 to 2025. Method
- In 2025 it paid out 123% 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 2022 to 2025, annual grant giving ranged from $1K (2023) to $10K (2025). In 2025 it made 16 grants totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ben's Bells Tucson, AZ | Program Support | $2,000 |
| St Michael's School Tucson, AZ | Program Support | $2,000 |
| Beads of Courage Tucson, AZ | Program Support | $1,250 |
| Community Food Bank of Southern Arizona Tucson, AZ | Program Support | $500 |
| Exodus Community Services Inc Tucson, AZ | Program Support | $500 |
| Loft Cinema Tucson, AZ | Program Support | $500 |
| The Haven Tucson, AZ | Program Support | $500 |
| Tucson Symphony Orchestra Tucson, AZ | Program Support | $500 |
| Interfaith Community Services Tucson, AZ | Program Support | $300 |
| Arizona Diaper Bank Tucson, AZ | Program Support | $250 |
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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 | $141,246 | $3,235 | $12,050 | $9,600 | 16 | $10,236 | $2,035 | $8,313 |
| 2024 | $150,061 | $2,225 | $3,970 | $2,500 | 3 | $3,032 | $1,287 | $7,453 |
| 2023 | $151,806 | $5,194 | $3,040 | $1,300 | 4 | $1,732 | $896 | $6,659 |
| 2022 | $149,652 | $157,328 | $7,676 | $6,000 | 12 | $6,926 | $733 | $6,972 |
Under IRS private-foundation payout rules, Iverson Family Foundation reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission statement is provided. Its 2025 grantees include organizations whose stated missions cover a range of activities. For example, Ben’s Bells teaches individuals and communities about the impact of intentional kindness; Beads of Courage provides arts-in-medicine programs for children coping with serious illness and their families; and the Loft Cinema builds community by celebrating film. Other supported organizations describe work in substance-use prevention and treatment, housing and case management, and pathways to stable, self-sufficient lives.
Grantmaking
In filing year 2025, the foundation reported 16 grants totaling $9,600. Grants ranged from $100 to $2,000, with a median grant of $400. Notable grants included $2,000 each to Ben’s Bells and St Michael’s School; $1,250 to Beads of Courage; and $500 each to Community Food Bank of Southern Arizona, Exodus Community Services, Loft Cinema, The Haven, and Tucson Symphony Orchestra.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Zachary Iverson as president, Margaret Iverson as VP and treasurer, and Kelly Latimore as secretary.
Iverson Family Foundation is led by Zachary Iverson, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Zachary Iverson
President
On filings since 2021
2 hrs/week
No compensation reported
Kelly Latimore
Secretary
On filings since 2021
2 hrs/week
No compensation reported
Margaret Iverson
Vice President & Treasurer
On filings since 2021
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Iverson Family Foundation
How much does Iverson Family Foundation give each year?
Iverson Family Foundation gave $10K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3K across 3 grants.
What is Iverson Family Foundation's typical grant size?
Iverson Family Foundation's median grant in 2025 was $400, and its average grant was $600, across 16 grants on its 2025 IRS Form 990-PF.
Where does Iverson Family Foundation give grants?
Iverson Family Foundation gives mostly in Arizona: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Tucson, AZ (15 grants).
Does Iverson Family Foundation give general operating support?
Not in 2025: none of the 16 grants with a stated purpose on Iverson Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (16 grants).
Who are Iverson Family Foundation's largest grantees?
Iverson Family Foundation's largest 2025 grantees include Ben's Bells ($2,000), St Michael's School ($2,000) and Beads of Courage ($1,250), according to its 2025 IRS Form 990-PF. Together they received 55% of its itemized 2025 grant dollars.
How large is Iverson Family Foundation?
Iverson Family Foundation reported $141K in total assets on its 2025 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).
What does Iverson Family Foundation fund?
No foundation mission statement is provided. Its 2025 grantees include organizations whose stated missions cover a range of activities. See mission & focus areas ↑
How do I apply for a grant from Iverson Family Foundation?
The foundation stated on its 2024 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Iverson Family Foundation's EIN?
Iverson Family Foundation's EIN (Employer Identification Number) is 86-2799729. IRS Form 990 filing data is available on this page for 2021–2025.
Does Iverson Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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