Pearl Falk Trust 002738

Private foundation · Grantmaker Iowa City, IA EIN: 42-6091303

Pearl Falk Trust 002738 is a private foundation based in Iowa City, Iowa. Its 2025 filing reports one grant, to the University of Iowa for research.

Key facts about Pearl Falk Trust 002738

In short: Pearl Falk Trust 002738 gave $106K across 1 grant in 2025 (avg $106K), mostly in Iowa. Source: 2025 IRS Form 990-PF.

EIN
42-6091303
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$106,125
Grants made (2025)
1
Average grant
$106,125
Median grant
$106,125
Total assets
$1,094,958
Primary geography
Iowa (100% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.1M

+0.3% YoY

Annual Giving

$106K

+203.2% YoY

Grant Count

1

-92.9% YoY

Avg Grant Size

$106K

+4145.0% YoY

Under IRS private-foundation payout rules, Pearl Falk Trust 002738 reported a distributable amount of $77K for 2025 — the minimum it must pay out in qualifying distributions.

How Pearl Falk Trust 002738 gives

  • Giving grew 37% from 2022 to 2025. Method
  • In 2025 it paid out 143% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Grantmaking

In 2025, the trust gave $106,125 through one grant; that was also the grant’s smallest, largest, and median amount. The recipient was the University of Iowa in Iowa City, Iowa, for research. In 2024, it reported 14 grants totaling $35,000; in 2023, it reported 25 grants totaling $105,000.

How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

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Geographic Focus

Where this funder awards grants

All grant dollars reported for 2025 went to recipients in Iowa.

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Iowa CityLuanaAmesDavenportHumboldtRock RapidsSolonWest De Moines

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K96 grants2020 23 grants2021 25 grants2022 25 grants2023 14 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $35K (2024) to $106K (2025). In 2025 it made 1 grant totaling $106K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

University of Iowa: $106KUniversity of Iowa$106K

The largest 2025 recipient was University of Iowa ($106K).

Grant Size Distribution

88 grants across all recorded years

87<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 87 grants of 88 (99%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Iowa Iowa City, IAResearch$106,125

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $1,094,958 $129,131 $125,616 $106,125
2024 $1,091,532 $54,634 $53,982 $35,000
2023 $1,090,178 $69,026 $124,259 $105,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,094,958$1,091,532$1,090,178
Revenue$129,131$54,634$69,026
Expenses$125,616$53,982$124,259
Qualifying Distributions$109,919$39,065$109,123
Net Investment Income$113,259$39,967$52,850
Distributable Amount$76,982$74,081$66,673

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 18, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 4, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

MidWestOne Bank is listed as trustee.

Pearl Falk Trust 002738's only listed officer is Midwestone Bank, Trustee on every filing since 2020 (compensated).

Officers on the 2025 filing

  • Midwestone Bank

    Trustee

    On filings since 2020

    4 hrs/week

    $12K (2020) → $13K (2025)

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.

Compensation Overview

From 2025 IRS filing

Midwestone Bank — Trustee: $13KMidwestone BankTrustee$13K

The highest reported compensation on the 2025 filing was $13K, to Midwestone Bank (Trustee).

Contact

Mailing address: P O Box 1700, Iowa City, IA 52244
Phone: (319) 356-5933

Frequently asked questions about Pearl Falk Trust 002738

How much does Pearl Falk Trust 002738 give each year?

Pearl Falk Trust 002738 gave $106K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $35K across 14 grants.

How large is Pearl Falk Trust 002738?

Pearl Falk Trust 002738 reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $110K in qualifying distributions that year, against a required minimum of $77K (roughly 5% of its investment assets).

How do I apply for a grant from Pearl Falk Trust 002738?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Pearl Falk Trust 002738 make grants?

All grant dollars reported for 2025 went to recipients in Iowa.

What is Pearl Falk Trust 002738's EIN?

Pearl Falk Trust 002738's EIN (Employer Identification Number) is 42-6091303. IRS Form 990 filing data is available on this page for 2020–2025.

Does Pearl Falk Trust 002738 accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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