Iverson Family Foundation

Foundation · Grantmaker Tucson, AZ EIN: 86-2799729

Iverson Family Foundation is a private foundation, based in Tucson, AZ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $141K in total assets. In 2025, it awarded 16 grants totaling $10K. Net investment income was $2K.

Key facts about Iverson Family Foundation

EIN: 86-2799729
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $9,600
Grants made (2025): 16
Average grant: $600
Median grant: $400
Total assets: $141,246
Primary geography: Arizona (99% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Iverson Family Foundation funds

By grant dollars, the top recipient states for Iverson Family Foundation's 16 itemized 2025 grants were Arizona (99%). The most frequent recipient cities were Tucson, AZ (15 grants). None of its 16 grants with a stated purpose were described as general or operating support. Recurring purposes include "Program Support" (16 grants).

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.

Next steps with Iverson Family Foundation

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$141K

-5.9% YoY

Annual Giving

$10K

+284.0% YoY

Grant Count

+433.3% YoY

Avg Grant Size

$600

-28.0% YoY

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.

About Iverson Family Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Arizona $10K (99%)

Texas $100 (1%)

Share of all 16 itemized 2025 grant dollars.

States

Arizona Texas

Cities

TucsonAustin

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$141,246	$150,061	$151,806
Revenue	$3,235	$2,225	$5,194
Expenses	$12,050	$3,970	$3,040
Qualifying Distributions	$10,236	$3,032	$1,732
Net Investment Income	$2,035	$1,287	$896
Distributable Amount	$8,313	$7,453	$6,659

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2025

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Grant Size Distribution

35 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Ben's Bells ($2,000), St Michael's School ($2,000), Beads of Courage ($1,250).

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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2025 IRS filing

Name	Title	Hours	Compensation
Zachary Iverson	President	2	—
Margaret Iverson	VP & Treasurer	2	—
Kelly Latimore	Secretary	2	—

Frequently Asked Questions

How large is Iverson Family Foundation?

As of 2025, Iverson Family Foundation holds $141K in total assets with $3K in annual revenue. It awarded 16 grants totaling $10K in 2025.

Where does Iverson Family Foundation operate?

Iverson Family Foundation has awarded grants in Arizona, Texas.

What size grants does Iverson Family Foundation award?

In 2025, Iverson Family Foundation awarded 16 grants totaling $10K — an average of about $600 per grant, based on its IRS Form 990 filings.

How much is Iverson Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Iverson Family Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.