Krause Foundation Inc
Krause Foundation Inc is a private foundation focused on Education, based in Iola, WI. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 1 grant totaling $170K. Net investment income was $329K.
Krause Foundation Inc at a glance
In short: Krause Foundation Inc gave $170K across 1 grant in 2024 (avg $170K), mostly in Wisconsin. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $170,250
- +6.4% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $170,250
- +6.4% vs 2023
- Median grant
- $170,250
- Total assets
- $3,793,895
- +13.0% vs 2023
- Primary geography
- Wisconsin (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 Krause Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Krause Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (+3%). Method
- In 2024 it paid out 102% 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 2024, annual grant giving ranged from $152K (2022) to $311K (2019). In 2024 it made 1 grant totaling $170K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Various Iola, WI | Education | $170,250 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,793,895 | $349,207 | $190,544 | $170,250 | 1 | $170,250 | $328,913 | $167,088 |
| 2023 | $3,358,502 | $177,374 | $194,264 | $160,000 | 1 | $179,480 | $162,590 | $156,141 |
| 2022 | $3,074,017 | $123,650 | $169,555 | $152,350 | 1 | $169,555 | $106,445 | $165,483 |
| 2021 | $3,706,192 | $261,894 | $179,753 | $165,150 | 1 | $179,753 | $247,291 | $167,359 |
| 2020 | $3,229,670 | $82,938 | $170,405 | $158,550 | 1 | — | $71,083 | $155,006 |
| 2019 | $3,104,887 | $87,352 | $321,240 | $311,250 | 1 | — | $87,352 | $145,984 |
Under IRS private-foundation payout rules, Krause Foundation Inc reported a distributable amount of $167K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Krause Foundation Inc is led by Dale Bestul, President on every filing since 2019; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Dale Bestul
President
On filings since 2019
2 hrs/week
No compensation reported
Bruce Meagher
Secretary
On filings since 2019
1 hr/week
No compensation reported
Heather Hoyord
Vice President
On filings since 2019
1 hr/week
No compensation reported
Patricia Klug
Treasurer
On filings since 2019
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 Krause Foundation Inc
How much does Krause Foundation Inc give each year?
Krause Foundation Inc gave $170K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $160K across 1 grant.
How large is Krause Foundation Inc?
Krause Foundation Inc reported $3.8M in total assets on its 2024 IRS Form 990-PF. It paid out $170K in qualifying distributions that year, against a required minimum of $167K (roughly 5% of its investment assets).
What is Krause Foundation Inc?
Krause Foundation Inc is a private foundation focused on Education, based in Iola, WI. It holds $3.8M in total assets as of 2024.
Where does Krause Foundation Inc operate?
Krause Foundation Inc has awarded grants in Wisconsin.
What is Krause Foundation Inc's EIN?
Krause Foundation Inc's EIN (Employer Identification Number) is 39-1571437. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 2, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 18, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 4, 2025)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Krause Foundation Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Krause Foundation Inc's focus areas in our free grants database
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Krause Foundation Inc down — hundreds of funders to go?