The Cy Rapp and Carolyn Rapp Charitable Trust

Public charity · Grantmaker Shenandoah, IA EIN: 38-3679577

To provide charitable grants to qualified organizations in the greater shenandoah area for projects that promote the well being of shenandoah and the vincinity

Key facts about The Cy Rapp and Carolyn Rapp Charitable Trust

In short: The Cy Rapp and Carolyn Rapp Charitable Trust gave $197K across 6 grants in 2025 (avg $33K), mostly in Iowa. Source: 2025 IRS Form 990.

EIN
38-3679577
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$196,949
Grants made (2025)
6
Average grant
$32,825
Median grant
$11,250
Total assets
$5,751,490
Primary geography
Iowa (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$5.8M

+0.1% YoY

Annual Giving

$197K

+461.1% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$33K

+274.1% YoY

How The Cy Rapp and Carolyn Rapp Charitable Trust gives

  • Giving grew 127% from 2022 to 2025. Method

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

About The Cy Rapp and Carolyn Rapp Charitable Trust

Based on IRS filings

The Cy Rapp and Carolyn Rapp Charitable Trust is a public charity, based in Shenandoah, IA. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $5.8M in total assets. In 2025, it awarded 6 grants totaling $197K. Net investment income was $244K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 6 itemized grants.

States

Cities

ShenandoahClarinda

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K6 grants2022 6 grants2023 4 grants2024 6 grants2025

From 2022 to 2025, annual grant giving ranged from $35K (2024) to $197K (2025). In 2025 it made 6 grants totaling $197K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

City of Shenandoah: $105KCity of Shenandoah$105KOur House Child Development Center: $52KOur House Child DevelopmentCenter$52KVeteran's Memorial Museum: $13KVeteran's Memorial Museum$13KShenandoah Medical Center: $10KShenandoah Medical Center$10KVision Shenandoah: $10KVision Shenandoah$10KGreater Shenandoah Foundation: $8KGreater Shenandoah Foundation$8K

The largest 2025 recipient was City of Shenandoah ($105K). Together the top 6 received $197K.

Grant Size Distribution

22 grants across all recorded years

20<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 22 (91%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
City of Shenandoah Shenandoah, IAParks/Cemetery$104,500
Our House Child Development Center Shenandoah, IA—$51,949
Veteran's Memorial Museum Shenandoah, IA—$12,500
Shenandoah Medical Center Shenandoah, IA—$10,000
Vision Shenandoah Shenandoah, IA—$10,000
Greater Shenandoah Foundation Shenandoah, IAMay Mentoring$8,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K2022 2023 2024 2025
Metric202520242023
Total Assets$5,751,490$5,745,606$5,604,141
Revenue$243,989$233,659$191,631
Expenses$238,105$81,394$144,572
Net Investment Income$243,989$233,659$191,631

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS April 7, 2023)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS July 17, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS October 30, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS August 21, 2026)

Leadership & Key People

Officers and directors from IRS filings

The Cy Rapp and Carolyn Rapp Charitable Trust is led by Gary Gee, President on every filing since 2022; 4 of 6 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Gary Gee

    President

    On filings since 2022

    No compensation reported

  • Duane Rexroth

    Trustee

    On filings since 2022

    1.5 hrs/week

    $600 (2024) → $600 (2025)

  • Erwin Aust

    Trustee

    On filings since 2022

    1.5 hrs/week

    $600 (2023) → $600 (2025)

  • Susan Blane

    Trustee

    On filings since 2023

    1.5 hrs/week

    $600 (2023) → $600 (2025)

  • David Lashier

    Treasurer

    On filings since 2022

    $600 (2023) → $0 (2025)

  • Sue Hanna

    Secretary

    On filings since 2022

    1.5 hrs/week

    $600 (2023) → $600 (2025)

Data from IRS Form 990 filings, 2022–2025. "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

Sue Hanna — Secretary: $600Sue HannaSecretary$600Duane Rexroth — Trustee: $600Duane RexrothTrustee$600Erwin Aust — Trustee: $600Erwin AustTrustee$600Susan Blane — Trustee: $600Susan BlaneTrustee$600

The highest reported compensation on the 2025 filing was $600, to Sue Hanna (Secretary). 4 officers or directors reported compensation on that filing.

Frequently asked questions about The Cy Rapp and Carolyn Rapp Charitable Trust

How much does The Cy Rapp and Carolyn Rapp Charitable Trust give each year?

The Cy Rapp and Carolyn Rapp Charitable Trust gave $197K across 6 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $35K across 4 grants.

What is The Cy Rapp and Carolyn Rapp Charitable Trust's typical grant size?

The Cy Rapp and Carolyn Rapp Charitable Trust's median grant in 2025 was $11,250, and its average grant was $32,825, across 6 grants on its 2025 IRS Form 990.

Where does The Cy Rapp and Carolyn Rapp Charitable Trust give grants?

The Cy Rapp and Carolyn Rapp Charitable Trust gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Shenandoah, IA (6 grants).

Who are The Cy Rapp and Carolyn Rapp Charitable Trust's largest grantees?

The Cy Rapp and Carolyn Rapp Charitable Trust's largest 2025 grantees include City of Shenandoah ($104,500), Our House Child Development Center ($51,949) and Veteran's Memorial Museum ($12,500), according to its 2025 IRS Form 990. Together they received 86% of its itemized 2025 grant dollars.

How large is The Cy Rapp and Carolyn Rapp Charitable Trust?

The Cy Rapp and Carolyn Rapp Charitable Trust reported $5.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $244K.

What is The Cy Rapp and Carolyn Rapp Charitable Trust's EIN?

The Cy Rapp and Carolyn Rapp Charitable Trust's EIN (Employer Identification Number) is 38-3679577. IRS Form 990 filing data is available on this page for 2022–2025.

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

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