Michael E Portzen and Sara a Portzen
Michael E Portzen and Sara a Portzen is a private foundation focused on Community Improvement & Capacity Building, based in Peosta, IA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $7.4M in total assets. In 2025, it awarded 4 grants totaling $260K. Net investment income was $365K.
Key facts about Michael E Portzen and Sara a Portzen
In short: Michael E Portzen and Sara a Portzen gave $260K across 4 grants in 2025 (avg $65K), mostly in Iowa. Source: 2025 IRS Form 990-PF.
- EIN
- 45-4523314
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $260,000
- Grants made (2025)
- 4
- Average grant
- $65,000
- Median grant
- $60,000
- Total assets
- $7,424,038
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Quick answers about Michael E Portzen and Sara a Portzen
How much does Michael E Portzen and Sara a Portzen give each year?
Michael E Portzen and Sara a Portzen gave $260K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $545K across 5 grants.
What is Michael E Portzen and Sara a Portzen's typical grant size?
Michael E Portzen and Sara a Portzen's median grant in 2025 was $60,000, and its average grant was $65,000, across 4 grants on its 2025 IRS Form 990-PF.
Where does Michael E Portzen and Sara a Portzen give grants?
Michael E Portzen and Sara a Portzen 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 Dubuque, IA (4 grants).
Does Michael E Portzen and Sara a Portzen give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Michael E Portzen and Sara a Portzen's 2025 IRS Form 990-PF were described as general or operating support.
How large is Michael E Portzen and Sara a Portzen?
Michael E Portzen and Sara a Portzen reported $7.4M in total assets on its 2025 IRS Form 990-PF. It paid out $260K in qualifying distributions that year, against a required minimum of $286K (roughly 5% of its investment assets).
How Michael E Portzen and Sara a Portzen gives
- Giving fell 68% from 2022 to 2025. Method
- In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Michael E Portzen and Sara a Portzen
- How to evaluate Michael E Portzen and Sara a Portzen as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$7.4M
+39.5% YoY
Annual Giving
$260K
-52.3% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$65K
-40.4% YoY
Under IRS private-foundation payout rules, Michael E Portzen and Sara a Portzen reported a distributable amount of $286K for 2025 — the minimum it must pay out in qualifying distributions.
About Michael E Portzen and Sara a Portzen
Based on IRS filings
Michael E Portzen and Sara a Portzen is a private foundation focused on Community Improvement & Capacity Building, based in Peosta, IA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $7.4M in total assets. In 2025, it awarded 4 grants totaling $260K. Net investment income was $365K.
Focus Areas
Ready to take the next step with Michael E Portzen and Sara a Portzen?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 4 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $7,424,038 | $5,323,328 | $3,188,028 |
| Revenue | $2,404,048 | $2,710,206 | $1,149,344 |
| Expenses | $299,439 | $573,218 | $579,761 |
| Qualifying Distributions | $260,000 | $545,000 | $560,000 |
| Net Investment Income | $364,609 | $181,988 | $129,583 |
| Distributable Amount | $286,160 | $174,313 | $125,356 |
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 31, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
Grant Size Distribution
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| ARCHDIOCESE OF DUBUQUE Dubuque, IA | ARCHDIOCESE ONE CAMPAIGN | $125,000 |
| HOLY FAMILY CATHOLIC SCHOOLS Dubuque, IA | PLATFORM FOR EXCELLENCE | $100,000 |
| LORAS COLLEGE Dubuque, IA | CAPITAL IMPROVEMENTS | $20,000 |
| DUBUQUE COUNTY HISTORICAL SOCIETY Dubuque, IA | PRESERVE THE WONDER | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Michael E Portzen and Sara a Portzen is led by Michael E. Portzen, President & Director on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael E. Portzen
President & Director
On filings since 2020
No compensation reported
Sara A. Portzen
Vice President & Director
On filings since 2020
No compensation reported
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.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Michael E Portzen and Sara a Portzen?
Michael E Portzen and Sara a Portzen is a private foundation focused on Community Improvement & Capacity Building, based in Peosta, IA. It holds $7.4M in total assets as of 2025.
What is Michael E Portzen and Sara a Portzen's EIN?
Michael E Portzen and Sara a Portzen's EIN (Employer Identification Number) is 45-4523314. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.