Richard Postels Family Charitable Trust

Private foundation · Grantmaker Montezuma, IA EIN: 84-6921397

Richard Postels Family Charitable Trust is a private foundation, based in Montezuma, IA. IRS filing data is available from 2020 through 2024. In 2024, it made $6K in qualifying distributions.

Key facts about Richard Postels Family Charitable Trust

EIN
84-6921397
Latest 990 filing
Form 990-PF, 2024

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Revenue

$2K

-133.9% YoY

Qualifying Distributions

$6K

-89.1% YoY

Expenses

$6K

-88.9% YoY

Under IRS private-foundation payout rules, Richard Postels Family Charitable Trust reported a distributable amount of $119 for 2024 — the minimum it must pay out in qualifying distributions.

How Richard Postels Family Charitable Trust gives

  • Giving grew 845% from 2020 to 2023. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

States

Cities

GrinnellJohnstonIowa CityClarksvilleNewton

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K4 grants2020 2 grants2021 3 grants2022 6 grants2023 0 grants2024

From 2020 to 2023, annual grant giving ranged from $5K (2020) to $48K (2023). In 2023 it made 6 grants totaling $48K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 15 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$4,277$60,482
Revenue$1,578$-4,652$2,326
Expenses$5,855$52,593$45,711
Qualifying Distributions$5,611$51,607$25,102
Distributable Amount$119$2,283$4,555

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Richard Postels Family Charitable Trust's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Beverly Postels

    Trustee

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Richard Postels

    Trustee

    On filings since 2020

    0.1 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Richard Postels Family Charitable Trust

Where does Richard Postels Family Charitable Trust operate?

Richard Postels Family Charitable Trust has awarded grants in Alaska, Iowa.

How much is Richard Postels Family Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard Postels Family Charitable Trust reported a distributable amount of $119 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Richard Postels Family Charitable Trust's EIN?

Richard Postels Family Charitable Trust's EIN (Employer Identification Number) is 84-6921397. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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