Rock Rapids Area Development Foundation
The Rock Rapids Area Development Foundation is a Form 990-PF (a private foundation) based in Rock Rapids, Iowa. Its 2024 filing describes assistance for businesses facing difficulties related to June 2024 flood damage and says awards are limited to commercial activities within Rock Rapids.
Rock Rapids Area Development Foundation at a glance
In short: Rock Rapids Area Development Foundation gave $280K across 13 grants in 2024 (avg $22K), mostly in Iowa. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $280,000
- -57.1% vs 2023
- Grants made (2024)
- 13
- +550.0% vs 2023
- Average grant
- $21,538
- -93.4% vs 2023
- Median grant
- $20,000
- Total assets
- $1,666,367
- -3.6% 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.
How to apply to Rock Rapids Area Development Foundation
- How to Apply
-
The filing says anyone interested in assistance with business development within Rock Rapids should contact Micah Freese for information on how to submit a request or application. Awards are limited to commercial activities within the city of Rock Rapids, Iowa.
- Contact
Application contact: Rock Rapids Area Development Founda
Mailing address: 411 1St Avenue PO Box 403, Rock Rapids, IA 51246
Phone: (712) 472-4585
Email: chamber@rockrapids.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Rock Rapids Area Development Foundation funds
How this funder distributes its grants
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 32 grants of 35 (91%).
Geographic Focus
Where this funder awards grants
The filing’s 2024 grant data shows that 100% of grant dollars went to recipients in Iowa. The filing limits awards to commercial activities within Rock Rapids, Iowa.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
States
Cities
How Rock Rapids Area Development Foundation gives
- In 2024 it paid out 271% 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
From 2020 to 2024, annual grant giving ranged from $58K (2020) to $652K (2023). In 2024 it made 13 grants totaling $280K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 13 grants to individuals Recipients not named | — | $280,000 |
Ready to take the next step with Rock Rapids Area Development Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,666,367 | $311,627 | $314,929 | $280,000 | 13 | $288,382 | $3,255 | $106,408 |
| 2023 | $1,728,050 | $178,554 | $679,223 | $652,034 | 2 | $658,428 | — | $108,009 |
| 2022 | $2,135,524 | $280,345 | $39,021 | — | — | $9,525 | $73,734 | $129,240 |
| 2021 | $1,947,153 | $51,466 | $33,497 | — | — | $7,743 | — | $116,431 |
| 2020 | $2,429,234 | $139,240 | $94,716 | $58,000 | 20 | — | — | $137,009 |
Under IRS private-foundation payout rules, Rock Rapids Area Development Foundation reported a distributable amount of $106K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement is provided. The foundation’s filing describes support for business development and, in 2024, grants to businesses affected by flood damage.
Grantmaking
In filing year 2024, the foundation reported 13 grants totaling $280,000. The grants ranged from $5,000 to $50,000, with a median of $20,000. The largest listed awards included $50,000 to an individual recipient, $40,000 to an individual recipient, and $30,000 each to two individual recipients The filing describes these grants as assistance with business difficulties related to June 2024 flood damage.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Brent Bosch as President; Lisa Dieren as Vice President; Jordan Kordahl as Secretary/Treasurer; and Brian Eben, Craig Hohn, Katie Ranney, James Montag, Troy Metzger, and Tom Menage as directors.
Rock Rapids Area Development Foundation is led by Brent Bosch, President since 2021 (on filings since 2020); none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Brent Bosch
President
Director → President, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
Katie Ranney
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Tom Menage
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Troy Metzger
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Brian Eben
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Craig Hohn
Director
On filings since 2021
0.5 hrs/week
No compensation reported
James Montag
Director
On filings since 2022
1 hr/week
No compensation reported
Jordan Kordahl
Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Lisa Dieren
Vice President
Director → Vice President, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (3)
- Former: Dave Foltz (2020–2021) — Vice President
- Former: Brad Rypkema (2020) — President
- Former: Tami Murray (2020) — Director
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 Rock Rapids Area Development Foundation
How much does Rock Rapids Area Development Foundation give each year?
Rock Rapids Area Development Foundation gave $280K across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $652K across 2 grants.
What is Rock Rapids Area Development Foundation's typical grant size?
Rock Rapids Area Development Foundation's median grant in 2024 was $20,000, and its average grant was $21,538, across 13 grants on its 2024 IRS Form 990-PF.
Where does Rock Rapids Area Development Foundation give grants?
Rock Rapids Area Development Foundation gives mostly in Iowa: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Rock Rapids Area Development Foundation give general operating support?
Not in 2024: none of the 13 grants with a stated purpose on Rock Rapids Area Development Foundation's 2024 IRS Form 990-PF were described as general or operating support.
How large is Rock Rapids Area Development Foundation?
Rock Rapids Area Development Foundation reported $1.7M in total assets on its 2024 IRS Form 990-PF. It paid out $288K in qualifying distributions that year, against a required minimum of $106K (roughly 5% of its investment assets).
What does Rock Rapids Area Development Foundation fund?
No mission statement is provided. The foundation’s filing describes support for business development and, in 2024, grants to businesses affected by flood damage. See mission & focus areas ↑
How do I apply for a grant from Rock Rapids Area Development Foundation?
The filing says anyone interested in assistance with business development within Rock Rapids should contact Micah Freese for information on how to submit a request or application. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Rock Rapids Area Development Foundation's EIN?
Rock Rapids Area Development Foundation's EIN (Employer Identification Number) is 42-1293260. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Rock Rapids Area Development Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Iowa
Tarsus Charitable Foundation
Clinton, IA
Assets
—
Grants
1
Total Given
$1K
Edward a and Mary W Howes
Greenville, SC
Assets
$82K
Grants
4
Total Given
$4K
Albaghdadi Family Medical
Clinton, IA
Assets
$1.3M
Grants
5
Total Given
$462K
Edith Curtis Armstrong and Florence E Curtis Foundation
Fulton, IL
The foundation supports a range of community needs, including food pantries, youth services, arts, historic preservation, building improvements, and operations. Its 2024 grants ranged from $1,000 to $15,000, with a median of $5,000, and went to organizations in Iowa and Illinois; it gives preference to organizations in the Clinton area. It accepts unsolicited requests, with no special form or deadline; applicants should state the amount requested and the need for funds.
Assets
$863K
Grants
11
Total Given
$67K
Rasheed Family Foundation
Clinton, IA
The Rasheed Family Foundation supports varied charitable activities, including education and annual drives, food assistance, and disaster relief; its 2025 grants ranged from $500 to $45,000, with a median of $3,000. It funded organizations in multiple states, led by Alabama and Virginia, and accepts written requests addressed to Qaiser Rasheed.
Assets
$921K
Grants
20
Total Given
$121K
Allison Everett Pearson Foundation
Clinton, IA
The Allison Everett Pearson Foundation funds qualifying charitable, educational, and religious organizations located in Clinton and Jackson counties, Iowa. Recent grants typically range from $1,000 to $5,000, with a median of $2,000. It has no standard application form; organizations may submit a funding request with proof of 501(c)(3) status through Clinton National Bank.
Assets
$947K
Grants
26
Total Given
$59K
More similar funders
More Funders in Iowa
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Rock Rapids Area Development 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.
Rock Rapids Area Development Foundation down — hundreds of funders to go?