Odella S Baak Charitable Trust

SIOUX CITY, IA EIN: 47-6983787

Odella S Baak Charitable Trust is a private foundation, based in SIOUX CITY, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $524K in total assets. In 2024, it awarded 2 grants totaling $28K. Net investment income was $33K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$524K

+0.7% YoY

Annual Giving

$28K

-2.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$14K

-2.7% YoY

Under IRS private-foundation payout rules, Odella S Baak Charitable Trust reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.

About Odella S Baak Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $134K (91%)

Nebraska $13K (9%)

States

Minnesota Nebraska

Cities

MoorheadNorthfieldSaint PaulSeward

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$524,213	$520,590	$531,535
Revenue	$42,195	$27,406	$12,842
Expenses	$38,460	$38,408	$43,638
Qualifying Distributions	$28,387	$29,176	$33,253
Net Investment Income	$32,595	$17,635	$3,508
Distributable Amount	$30,811	$28,387	$29,176

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Luther Seminary ($17,032), St Olaf College ($11,355).

Recipient	Purpose	Amount
LUTHER SEMINARY SAINT PAUL, MN	SCHOLARSHIPS	$17,032
ST OLAF COLLEGE NORTHFIELD, MN	SCHOLARSHIPS	$11,355

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Odella S Baak Charitable Trust?

As of 2024, Odella S Baak Charitable Trust holds $524K in total assets with $42K in annual revenue. It awarded 2 grants totaling $28K in 2024.

Where does Odella S Baak Charitable Trust operate?

Odella S Baak Charitable Trust has awarded grants in Minnesota, Nebraska.

What size grants does Odella S Baak Charitable Trust award?

In 2024, Odella S Baak Charitable Trust awarded 2 grants totaling $28K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is Odella S Baak Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Odella S Baak Charitable Trust reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Odella S Baak Charitable Trust's EIN?

Odella S Baak Charitable Trust's EIN (Employer Identification Number) is 47-6983787. IRS Form 990 filing data is available on this page for 2020–2024.