Robert T Bates Foundation

Private foundation · Grantmaker Albia, IA EIN: 42-1392613

Robert T Bates Foundation is a private foundation, based in Albia, IA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 1 grant totaling $67K. Net investment income was $98K.

Robert T Bates Foundation at a glance

In short: Robert T Bates Foundation gave $67K across 1 grant in 2024 (avg $67K), mostly in Iowa. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$66,800
-42.8% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$66,800
-42.8% vs 2023
Median grant
$66,800
Total assets
$1,048,195
+2.8% vs 2023
Primary geography
Iowa (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who Robert T Bates Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Albia Area Improvement Association: $67KAlbia Area ImprovementAssociation$67K

The largest 2024 recipient was Albia Area Improvement Association ($67K).

Grant Size Distribution

5 grants across all recorded years

1<$50K2$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 2 grants of 5 (40%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Albia

How Robert T Bates Foundation gives

  • Giving grew 34% from 2021 to 2024. Method
  • In 2024 it paid out 103% of its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2019 to 2024, annual grant giving ranged from $24K (2022) to $145K (2020). In 2024 it made 1 grant totaling $67K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Albia Area Improvement Association Albia, IAHistoric Preservation$66,800
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$1,048,195$136,719$108,635$66,8001$67,562$98,264$65,896
2023$1,020,111$139,629$150,945$116,7771$117,502$106,086$61,328
2022$1,031,427$37,773$54,677$24,0631$24,450$5,753$62,787
2021$1,048,331$115,552$87,950$50,0001$50,905$82,702$65,476
2020$1,020,729$108,440$177,456$145,0001—$77,180$58,533
2019$1,089,745$120,520$77,526$40,9401—$84,602$57,535

Under IRS private-foundation payout rules, Robert T Bates Foundation reported a distributable amount of $66K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Robert T Bates Foundation is led by Raymond H. Davis, President since 2022 (on filings since 2019); none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Raymond H. Davis

    President

    President, Treasurer & Secretary → President & Secretary, 2020

    President & Secretary → President, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Dan Tometich

    Director

    On filings since 2022

    0.1 hrs/week

    No compensation reported

  • Daniel D. Stocker

    Vice President

    On filings since 2022

    0.1 hrs/week

    No compensation reported

  • Loren W. Pence

    Secretary & Treasurer

    On filings since 2022

    0.1 hrs/week

    No compensation reported

Former officers (2)
  • Former: Carroll E. Rhine (2019–2022) — Director
  • Former: David A. Johnson (2019–2022) — Director

Data from IRS Form 990 filings, 2019–2024. "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 Robert T Bates Foundation

How much does Robert T Bates Foundation give each year?

Robert T Bates Foundation gave $67K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $117K across 1 grant.

How large is Robert T Bates Foundation?

Robert T Bates Foundation reported $1.0M in total assets on its 2024 IRS Form 990-PF. It paid out $68K in qualifying distributions that year, against a required minimum of $66K (roughly 5% of its investment assets).

Where does Robert T Bates Foundation operate?

Robert T Bates Foundation has awarded grants in Iowa.

What is Robert T Bates Foundation's EIN?

Robert T Bates Foundation's EIN (Employer Identification Number) is 42-1392613. IRS Form 990 filing data is available on this page for 2019–2024.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 25, 2021)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 17, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 4, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 12, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 23, 2025)
  7. IRS filings on file for fiscal years 2019–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Robert T Bates Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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