Marion County Bank Charitable Foundation
Marion County Bank Charitable Foundation is a private foundation, based in Pella, IA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $141K in total assets. In 2025, it awarded 3 grants totaling $250K. Net investment income was $5K.
Key facts about Marion County Bank Charitable Foundation
In short: Marion County Bank Charitable Foundation gave $250K across 3 grants in 2025 (avg $83K), mostly in Iowa. Source: 2025 IRS Form 990-PF.
- EIN
- 47-2492606
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $250,000
- Grants made (2025)
- 3
- Average grant
- $83,333
- Median grant
- $50,000
- Total assets
- $140,699
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated October 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$141K
-63.6% YoY
Annual Giving
$250K
Grant Count
3
Avg Grant Size
$83K
Under IRS private-foundation payout rules, Marion County Bank Charitable Foundation reported a distributable amount of $13K for 2025 — the minimum it must pay out in qualifying distributions.
How Marion County Bank Charitable Foundation gives
- Giving grew 1132% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $7K (2021) to $250K (2025). In 2025 it made 3 grants totaling $250K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Pella Recreational Center ($150K). Together the top 3 received $250K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 6 grants of 10 (60%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pella Recreational Center Pella, IA | PLEDGE | $150,000 |
| Pella Regional Health Center Pella, IA | Radiation Center | $50,000 |
| Knoxville Health Center Foundation Knoxville, IA | Radiation Center | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $140,699 | $386,598 | $277,107 |
| Revenue | $4,628 | $109,962 | $36,187 |
| Expenses | $250,527 | $471 | $75,410 |
| Qualifying Distributions | $250,000 | — | $75,000 |
| Net Investment Income | $4,628 | $4,127 | $2,616 |
| Distributable Amount | $12,921 | $16,287 | $14,577 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 8, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Marion County Bank Charitable Foundation is led by Kevin Bolt, President, Secretary & Director on the 2025 filing; none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kevin Bolt
President, Secretary & Director
New on the 2025 filing
No compensation reported
Barb Kniff-McCulla
Director
On filings since 2020
No compensation reported
Bryce Dahm
Director
On filings since 2020
No compensation reported
Dan De Cook
Director
On filings since 2020
No compensation reported
Jamie Hollingshead
Director
On filings since 2020
No compensation reported
Judd Vande Voort
Director
On filings since 2020
No compensation reported
Pete Verhey
Director
On filings since 2020
No compensation reported
Ralph De Haan
Director
On filings since 2020
No compensation reported
Stu Job
Director
On filings since 2020
No compensation reported
Tim Heerema
Director
On filings since 2020
No compensation reported
Ron Zantingh
Treasurer
On filings since 2020
No compensation reported
Former officers (1)
- Former: Steve Kraayenbrink (2020–2024) — President, Secretary & Director
Data from IRS Form 990 filings, 2020–2025. "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 Marion County Bank Charitable Foundation
How much does Marion County Bank Charitable Foundation give each year?
Marion County Bank Charitable Foundation gave $250K across 3 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Marion County Bank Charitable Foundation's typical grant size?
Marion County Bank Charitable Foundation's median grant in 2025 was $50,000, and its average grant was $83,333, across 3 grants on its 2025 IRS Form 990-PF.
Where does Marion County Bank Charitable Foundation give grants?
Marion County Bank Charitable 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 Pella, IA (2 grants).
Does Marion County Bank Charitable Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Marion County Bank Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is Marion County Bank Charitable Foundation?
Marion County Bank Charitable Foundation reported $141K in total assets on its 2025 IRS Form 990-PF. It paid out $250K in qualifying distributions that year, against a required minimum of $13K (roughly 5% of its investment assets).
What is Marion County Bank Charitable Foundation's EIN?
Marion County Bank Charitable Foundation's EIN (Employer Identification Number) is 47-2492606. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Marion County Bank Charitable Foundation by hand.
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