One Foundation Incorporated
One Foundation Incorporated is a private foundation, based in CEDAR RAPIDS, IA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.1M in total assets. In 2025, it awarded 7 grants totaling $211K. Net investment income was $293K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.1M
-62.5% YoY
Annual Giving
$211K
-10.4% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$30K
-23.2% YoY
Under IRS private-foundation payout rules, One Foundation Incorporated reported a distributable amount of $260K for 2025 — the minimum it must pay out in qualifying distributions.
About One Foundation Incorporated
Based on IRS filings
One Foundation Incorporated is a private foundation, based in CEDAR RAPIDS, IA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.1M in total assets. In 2025, it awarded 7 grants totaling $211K. Net investment income was $293K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,118,029 | $5,646,135 | $2,938,489 |
| Revenue | $312,419 | $429,867 | $405,930 |
| Expenses | $211,937 | $237,643 | $260,964 |
| Qualifying Distributions | $211,937 | $236,007 | $258,891 |
| Net Investment Income | $292,865 | $128,456 | $109,425 |
| Distributable Amount | $260,132 | $234,496 | $236,070 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Teaching Truth International ($50,000), Focus on the Family ($50,000), Hawkeye Chapter of CEF of Iowa ($43,330).
| Recipient | Purpose | Amount |
|---|---|---|
| Teaching Truth International Louisville, KY | Tanzania Building Project Teaching Center Phase III of project | $50,000 |
| Infant Crisis Services Oklahoma City, OK | Garage Building Project | $25,000 |
| Clarity Clinic Dubuque, IA | Ultrasound training for nurses who staff the clinic | $8,600 |
| Focus on the Family Colorado Springs, CO | Truth Rising Project | $50,000 |
| Sync with God Lincoln, NE | Discipleship Strategy for Sync with God project Technology platform discipling content strategic partner development | $15,000 |
| His Hands Free Clinic Cedar Rapids, IA | Medical Equipment exam room furnishings computer & printer | $19,550 |
| Hawkeye Chapter of CEF of Iowa Cedar Rapids, IA | Passenger van Tents & chairs Face painting supplies Balloon supplies popcorn machine Bouncy House T-Shirts Puppet Show Supplies Bibles | $43,330 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONALD A NELSON | President & Secretary | 1 | — |
| MARY A NELSON | Treasurer | 5 | — |
| DAVID M HULL | Vice President | 1 | — |
| ELIZABETH A HULL | Director | 1 | — |
Frequently Asked Questions
How large is One Foundation Incorporated?
As of 2025, One Foundation Incorporated holds $2.1M in total assets with $312K in annual revenue. It awarded 7 grants totaling $211K in 2025.
Where does One Foundation Incorporated operate?
One Foundation Incorporated has awarded grants in California, Colorado, District of Columbia, Iowa, Kentucky, Nebraska, Oklahoma.
What size grants does One Foundation Incorporated award?
In 2025, One Foundation Incorporated awarded 7 grants totaling $211K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is One Foundation Incorporated required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, One Foundation Incorporated reported a distributable amount of $260K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is One Foundation Incorporated's EIN?
One Foundation Incorporated's EIN (Employer Identification Number) is 86-0610662. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in One Foundation Incorporated's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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