Marion County Bank Charitable Foundation

Private foundation · Grantmaker Pella, IA EIN: 47-2492606

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.

Marion County Bank Charitable Foundation at a glance

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.

Annual giving (2025)
$250,000
Grants made (2025)
3
Average grant
$83,333
Median grant
$50,000
Total assets
$140,699
-63.6% 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.

Who Marion County Bank Charitable Foundation funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Pella Recreational Center: $150KPella Recreational Center$150KPella Regional Health Center: $50KPella Regional Health Center$50KKnoxville Health Center Foundation: $50KKnoxville Health CenterFoundation$50K

The largest 2025 recipient was Pella Recreational Center ($150K). Together the top 3 received $250K.

Grant Size Distribution

10 grants across all recorded years

6<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 10 (60%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

PellaKnoxville

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K4 grants2020 3 grants2021 3 grants2022 1 grant2023 0 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $7K (2021) to $250K (2025). In 2025 it made 3 grants totaling $250K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Pella Recreational Center Pella, IAPLEDGE$150,000
Pella Regional Health Center Pella, IARadiation Center$50,000
Knoxville Health Center Foundation Knoxville, IARadiation Center$50,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$140,699$4,628$250,527$250,0003$250,000$4,628$12,921
2024$386,598$109,962$471———$4,127$16,287
2023$277,107$36,187$75,410$75,0001$75,000$2,616$14,577
2022$316,330$68,314$20,630$20,2853$20,285$753$43,205
2021$268,646$78,442$6,852$6,5003$6,500$262$22,932
2020$197,056$61,294$12,310$11,5004—$49$16,997

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.

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.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 8, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 2, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 16, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Marion County Bank Charitable 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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