Margaret L Prahm Kephart Charitable
Margaret L Prahm Kephart Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDEPENDENCE, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 10 grants totaling $127K. Net investment income was $81K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
+1.4% YoY
Annual Giving
$127K
+0.2% YoY
Grant Count
10
+0.0% YoY
Avg Grant Size
$13K
+0.2% YoY
Under IRS private-foundation payout rules, Margaret L Prahm Kephart Charitable reported a distributable amount of $126K for 2024 — the minimum it must pay out in qualifying distributions.
About Margaret L Prahm Kephart Charitable
Based on IRS filings
Margaret L Prahm Kephart Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDEPENDENCE, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 10 grants totaling $127K. Net investment income was $81K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,594,821 | $2,558,799 | $2,445,513 |
| Revenue | $103,959 | $52,794 | $122,338 |
| Expenses | $149,264 | $150,907 | $169,131 |
| Qualifying Distributions | $126,654 | $126,462 | $142,598 |
| Net Investment Income | $81,349 | $47,365 | $97,219 |
| Distributable Amount | $126,111 | $120,654 | $126,467 |
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 2024
Grant Size Distribution
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Independence Area Dollar for Schola ($15,554), Jesup Dollars for Scholars ($15,554), East Buchanan Funds for the Future ($15,554).
| Recipient | Purpose | Amount |
|---|---|---|
| INDEPENDENCE AREA DOLLAR FOR SCHOLA INDEPENDENCE, IA | CONTRIBUTION TO SCHOLAR FUND | $15,554 |
| JESUP DOLLARS FOR SCHOLARS JESUP, IA | CONTRIBUTION TO SCHOLAR FUND | $15,554 |
| BUCHANAN COUNTY HISTORICAL SOCIETY INDEPENDENCE, IA | CONTRIBUTION TO GENERAL FUND | $11,665 |
| BUCHANAN COUNTY TOURISM BUREAU INDEPENDENCE, IA | CONTRIBUTION TO GENERAL FUND | $11,665 |
| INDEPENDENCE PUBLIC LIBRARY FOUNDAT INDEPENDENCE, IA | CONTRIBUTION TO GENERAL FUNDS | $11,665 |
| EAST BUCHANAN FUNDS FOR THE FUTURE WINTHROP, IA | CONTRIBUTION TO GENERAL FUND | $15,554 |
| BUCHANAN COUNTY HEALTH TRUST INC INDEPENDENCE, IA | CONTRIBUTION TO EQUIP IN LT CARE CEN | $10,000 |
| FIRST PRESBYTERIAN CHURCH INDEPENDENCE, IA | CONTRIBUTION TO GENERAL FUND | $11,665 |
| CEDAR VALLEY HOSPICE CEDAR FALLS, IA | CONTRIBUTION TO GENERAL FUND | $11,666 |
| ST JUDES CHILDRENS HOSPITAL MEMPHIS, TN | CONTRIBUTION TO GENERAL FUND | $11,666 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROGER MAIN | TRUSTEE | — | $1,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Margaret L Prahm Kephart Charitable?
Margaret L Prahm Kephart Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDEPENDENCE, IA. It holds $2.6M in total assets as of 2024.
How large is Margaret L Prahm Kephart Charitable?
As of 2024, Margaret L Prahm Kephart Charitable holds $2.6M in total assets with $104K in annual revenue. It awarded 10 grants totaling $127K in 2024.
Where does Margaret L Prahm Kephart Charitable operate?
Margaret L Prahm Kephart Charitable has awarded grants in Iowa, Tennessee.
What size grants does Margaret L Prahm Kephart Charitable award?
In 2024, Margaret L Prahm Kephart Charitable awarded 10 grants totaling $127K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Margaret L Prahm Kephart Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Margaret L Prahm Kephart Charitable reported a distributable amount of $126K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Margaret L Prahm Kephart Charitable's EIN?
Margaret L Prahm Kephart Charitable's EIN (Employer Identification Number) is 84-6958074. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.