Marie L Carter and John L Carter
Marie L Carter and John L Carter is a private foundation, based in Boone, IA. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $168K in total assets. In 2026, it awarded 8 grants totaling $7K. Net investment income was $5K.
Marie L Carter and John L Carter at a glance
In short: Marie L Carter and John L Carter gave $7K across 8 grants in 2026 (avg $875), mostly in Iowa. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $7,000
- -12.5% vs 2025
- Grants made (2026)
- 8
- +0.0% vs 2025
- Average grant
- $875
- -12.5% vs 2025
- Median grant
- $1,000
- Total assets
- $168,294
- -2.5% vs 2025
- Primary geography
- Iowa (100% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Marie L Carter and John L Carter funds
How this funder distributes its grants
Grant Size Distribution
38 grants across all recorded years
The most common grant size was under $50K: 38 grants of 38 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 8 itemized grants.
States
Cities
How Marie L Carter and John L Carter gives
- Giving held roughly steady from 2023 to 2026 (−12%). Method
- In 2026 it paid out 114% 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 2021 to 2026, annual grant giving ranged from $6K (2022) to $8K (2025). In 2026 it made 8 grants totaling $7K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 8 individual scholarships Recipients not named | — | $7,000 |
Ready to take the next step with Marie L Carter and John L Carter?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $168,294 | $7,864 | $12,127 | $7,000 | 8 | $9,525 | $5,344 | $8,319 |
| 2025 | $172,557 | $8,512 | $13,210 | $8,000 | 8 | $10,600 | $5,912 | $8,532 |
| 2024 | $177,255 | $4,297 | $15,176 | $8,000 | 8 | $11,585 | $712 | $8,988 |
| 2023 | $188,134 | $1,028 | $9,232 | $8,000 | 8 | $8,605 | $423 | $9,462 |
| 2022 | $196,338 | $4,283 | $9,084 | $6,000 | 6 | $8,650 | $1,599 | $9,692 |
| 2021 | $201,139 | $5,094 | $12,047 | $8,000 | 7 | — | $2,430 | $9,797 |
Under IRS private-foundation payout rules, Marie L Carter and John L Carter reported a distributable amount of $8K for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Marie L Carter and John L Carter is led by Visionbank Of Iowa, Trustee on every filing since 2023 — the only officer listed, and compensated.
Officers on the 2026 filing
Visionbank Of Iowa
Trustee
On filings since 2023
1 hr/week
$2K (2024) → $2K (2026)
Former officers (2)
- Former: Legacy Bank (2021–2022) — Trustee
- Former: Robert E. Chittenden (2021–2022) — Trustee
Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $2K, to Visionbank of Iowa (Trustee).
Frequently asked questions about Marie L Carter and John L Carter
How much does Marie L Carter and John L Carter give each year?
Marie L Carter and John L Carter gave $7K across 8 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $8K across 8 grants.
What is Marie L Carter and John L Carter's typical grant size?
Marie L Carter and John L Carter's median grant in 2026 was $1,000, and its average grant was $875, across 8 grants on its 2026 IRS Form 990-PF.
Where does Marie L Carter and John L Carter give grants?
Marie L Carter and John L Carter gives mostly in Iowa: 100% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there.
Does Marie L Carter and John L Carter give general operating support?
Not in 2026: none of the 8 grants with a stated purpose on Marie L Carter and John L Carter's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Scholarship" (8 grants).
How large is Marie L Carter and John L Carter?
Marie L Carter and John L Carter reported $168K in total assets on its 2026 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 is Marie L Carter and John L Carter's EIN?
Marie L Carter and John L Carter's EIN (Employer Identification Number) is 42-1179937. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated September 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 2021 (received by the IRS December 22, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 24, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 23, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 24, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS June 18, 2025)
- Added Form 990-PF for fiscal year 2026 (received by the IRS May 28, 2026)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Marie L Carter and John L Carter's focus areas in our free grants database
Similar Funders
Similar funders in Iowa
Community Fdn of Greater Des Moines F/K/a Greater Des Moines Community Fdn
Des Moines, IA
The Community Foundation of Greater Des Moines supports projects that improve quality of life in Greater Des Moines, including housing and transportation access, health, economic opportunity, inclusive communities, and nonprofit capacity-building. Its 2024 itemized grants had a median of about $12,900, though awards ranged from roughly $5,000 to $7.34 million.
Assets
$918.7M
Grants
1,259
Total Given
$55.7M
Pella Rolscreen Foundation
Pella, IA
The Pella Rolscreen Foundation supports charitable organizations working in education and community betterment, including civic, cultural, social, and physical-environment programs in communities where Pella Corporation employees live. Large grants generally range from $10,000 to $50,000 and typically cover no more than 25% of project costs; its 2024 grants had a median of $1,029. It accepts unsolicited requests from eligible 501(c)(3) nonprofits and government entities in communities where Pella has manufacturing plants.
Assets
$22.4M
Grants
433
Total Given
$1.9M
Prairie Meadows Race Track and Casino Inc
Altoona, IA
Prairie Meadows supports Iowa nonprofits in arts and culture, education, economic development, human services, and youth sports and recreation; Legacy grants focus on large-scale projects in central Iowa. Its programs offer $100–$1 million for Legacy, $100–$99,999 for Community Betterment, and $1,000–$50,000 for Youth Sports and Recreation. It accepts applications through its online system; the 2026 deadline was February 27, 2026, and has passed.
Assets
$327.6M
Grants
409
Total Given
$33.0M
Iowa Health Care Association Foundation
West Des Moines, IA
The Iowa Health Care Association Foundation funds scholarships and career-education resources for employees of member long-term-care organizations and Iowa high school students pursuing long-term-care careers. Its typical giving level varies: it awarded 287 grants totaling about $4.1 million in 2024, and the listed high school scholarship is $2,000. Its programs focus on Iowa; the profile does not state whether it accepts unsolicited requests.
Assets
$329K
Grants
287
Total Given
$4.1M
New Charitable Foundation
Fort Dodge, IA
Assets
$6K
Grants
264
Total Given
$294K
Quad Cities Community Foundation
Bettendorf, IA
Quad Cities Community Foundation funds nonprofit operations and programs across areas including education, health, arts and culture, community development, youth, and the environment, primarily in Rock Island County, Illinois, and Scott County, Iowa, with some service to surrounding counties. Its 2024 grants had a median of $15,000; its Operations and Programs Grants program lists requests of $5,000–$20,000.
Assets
$209.7M
Grants
263
Total Given
$7.5M
More similar funders
More Funders in Iowa
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Marie L Carter and John L Carter'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.
Marie L Carter and John L Carter down — hundreds of funders to go?