Kay M Anderson Foundation
The Kay M Anderson Foundation is a private foundation based in Shenandoah, Iowa. In its 2025 filing, it reported 31 grants totaling $134,850, all to recipients in Iowa.
Kay M Anderson Foundation at a glance
In short: Kay M Anderson Foundation gave $135K across 31 grants in 2025 (avg $4K), mostly in Iowa. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $134,850
- -1.9% vs 2024
- Grants made (2025)
- 31
- -3.1% vs 2024
- Average grant
- $4,350
- +1.2% vs 2024
- Median grant
- $1,000
- Total assets
- $1,822,258
- +2.2% vs 2024
- Primary geography
- Iowa (100% 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 Kay M Anderson Foundation
- How to Apply
-
The filing lists “LI” under form and materials. It states that there are no restrictions on awards and no application deadline.
- Contact
Application contact: Brendon Bruns
Mailing address: PO Box 307, Shenandoah, IA 51601
Phone: (712) 246-2029
Email: brendon@lbbiowa.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Kay M Anderson Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was City of Shenandoah Park ($35K). Together the top 8 received $114K.
Organizations only. It also paid 23 individual scholarships ($21,000), which are not listed by name.
Grant Size Distribution
162 grants across all recorded years
The most common grant size was under $50K: 160 grants of 162 (99%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Iowa.
Grant Distribution by State
Share of 2025 grant dollars across all 31 itemized grants.
States
Cities
How Kay M Anderson Foundation gives
- Giving grew 73% from 2022 to 2025. Method
- In 2025 it paid out 148% 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 2019 to 2025, annual grant giving ranged from $38K (2019) to $137K (2024). In 2025 it made 31 grants totaling $135K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| City of Shenandoah Park Shenandoah, IA | GRANT | $34,500 |
| Our House CDC Shenandoah, IA | GRANT | $23,200 |
| Shenandoah Medical Center Shenandoah, IA | GRANT | $20,000 |
| Shenandoah Community Schools Shenandoah, IA | GRANT | $12,000 |
| Vision Shenandoah Shenandoah, IA | GRANT | $10,000 |
| Greater Shenandoah Foundation Shenandoah, IA | GRANT | $9,000 |
| Shenandoah Music Association Shenandoah, IA | GRANT | $5,000 |
| 23 individual scholarships Recipients not named | — | $21,000 |
| American Legion Aux 88 Shenandoah, IA | GRANT | $150 |
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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 | $1,822,258 | $201,411 | $161,803 | $134,850 | 31 | $127,850 | $171,658 | $86,437 |
| 2024 | $1,782,648 | $254,591 | $157,465 | $137,493 | 32 | $126,493 | $227,219 | $82,661 |
| 2023 | $1,685,526 | $206,273 | $126,675 | $106,126 | 33 | $110,326 | $187,591 | $76,847 |
| 2022 | $1,605,927 | $97,713 | $103,497 | $78,000 | 30 | $82,200 | $76,416 | $76,583 |
| 2021 | $1,612,161 | $186,391 | $113,864 | $88,000 | 36 | $92,200 | $164,727 | $73,146 |
| 2020 | $1,539,184 | $218,375 | $105,076 | $85,173 | 34 | — | $198,172 | $72,368 |
| 2019 | $1,425,885 | $92,650 | $59,856 | $38,027 | 35 | — | $75,001 | $68,159 |
Under IRS private-foundation payout rules, Kay M Anderson Foundation reported a distributable amount of $86K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included grants to a park, a community development organization, a medical center, schools, a community foundation, and a music association, as well as scholarships to individual recipients.
Shenandoah Medical Center describes its mission as making a difference by providing exceptional patient care. Greater Shenandoah Foundation describes its role as accepting tax-deductible donations, grants, and bequests to fund projects, institutions, and charitable causes that improve quality of life in Shenandoah. These are the grantees’ descriptions of their own missions and roles.
Grantmaking
In 2025, the foundation made 31 grants totaling $134,850. Grant amounts ranged from $150 to $34,500, with a median of $1,000.
The largest grants included $34,500 to City of Shenandoah Park, $23,200 to Our House CDC, $20,000 to Shenandoah Medical Center, $12,000 to Shenandoah Community Schools, $10,000 to Vision Shenandoah, and $9,000 to Greater Shenandoah Foundation. The foundation also awarded scholarships to individual recipients.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists David R Lashier as treasurer and Marcia Johnson, Dale Sandquist, Darlene Howard, Edi Shull, and Marlene Bashaw as directors.
Kay M Anderson Foundation's 2025 filing lists 6 officers; all 6 officers listed in 2025 are compensated.
Officers on the 2025 filing
Darlene Howard
Director
On filings since 2020
$600 (2020) → $700 (2025)
Edi Shull
Director
On filings since 2020
$600 (2020) → $700 (2025)
Marcia Johnson
Director
On filings since 2020
$600 (2020) → $700 (2025)
Marlene Bashaw
Director
On filings since 2022
$300 (2022) → $700 (2025)
Dale Sandquist
Director
On filings since 2024
$600 (2024) → $700 (2025)
David R. Lashier
Treasurer
On filings since 2019
$600 (2020) → $700 (2025)
Former officers (3)
- Former: Terry Miller (2020–2023) — Director
- Former: Tom Beavers (2020–2023) — Director
- Former: Jackie Holmes (2020–2022) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $700, to David R Lashier (Treasurer). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Kay M Anderson Foundation
How much does Kay M Anderson Foundation give each year?
Kay M Anderson Foundation gave $135K across 31 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $137K across 32 grants.
What is Kay M Anderson Foundation's typical grant size?
Kay M Anderson Foundation's median grant in 2025 was $1,000, and its average grant was $4,350, across 31 grants on its 2025 IRS Form 990-PF.
Where does Kay M Anderson Foundation give grants?
Kay M Anderson Foundation gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Shenandoah, IA (8 grants).
Does Kay M Anderson Foundation give general operating support?
Not in 2025: none of the 31 grants with a stated purpose on Kay M Anderson Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (23 grants) and "Grant" (8 grants).
Who are Kay M Anderson Foundation's largest grantees?
Kay M Anderson Foundation's largest 2025 grantees include City of Shenandoah Park ($34,500), Our House CDC ($23,200) and Shenandoah Medical Center ($20,000), according to its 2025 IRS Form 990-PF. It also paid 23 individual scholarships ($21,000), which are not listed by name. Together they received 58% of its itemized 2025 grant dollars.
How large is Kay M Anderson Foundation?
Kay M Anderson Foundation reported $1.8M in total assets on its 2025 IRS Form 990-PF. It paid out $128K in qualifying distributions that year, against a required minimum of $86K (roughly 5% of its investment assets).
What does Kay M Anderson Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included grants to a park, a community development organization, a medical center, schools, a community foundation, and a music association, as well as scholarships to individual recipients. See mission & focus areas ↑
How do I apply for a grant from Kay M Anderson Foundation?
The filing lists “LI” under form and materials. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Kay M Anderson Foundation's EIN?
Kay M Anderson Foundation's EIN (Employer Identification Number) is 42-1363292. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS January 27, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 19, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 30, 2026)
- IRS filings on file for fiscal years 2019–2024
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Cite this profile
Grantable. (2026). Kay M Anderson Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/kay-m-anderson-foundation-morg_6c27482500eb486fa1a46e5c045d37a5
BibTeX
@misc{grantable_421363292_2026,
author = {{Grantable}},
title = {{Kay M Anderson Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/kay-m-anderson-foundation-morg_6c27482500eb486fa1a46e5c045d37a5},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Kay M Anderson Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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