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Filing year 2024

Betts Foundation

Des Moines, Iowa·EIN 42-6059607·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$43k
Total assets
$377k
Total expenses
$19k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. Betts Foundation reported 5 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee
Trustee
Trustee (to 9/1/24)

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$13k

Itemized grants

4

Median grant

$2k

RecipientLocationPurposeAmount
Mind and Spirit Counseling CenterUrbandale, IAProvides mental health services to those unable to afford counseling.$10k
Great Outdoor Foundation - ICON WatertrailsWest Des Moines, IAInitiative aimed at connecting 150 miles of water trails in Central Iowa$2k
Scottish Rite ParkDes Moines, IAHelps SRP residents who are unable to pay$1k
Community Foundation Greater Des MoinesDes Moines, IASupports and impacts community initiatives in the Des Moines area/made in memory of Doug Reichardt.$250
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Betts Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$20k
$11k
2023
$43k
$19k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Iowa

Betts Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Iowa earns a median of $9,846.

25th percentile
$2k
Median
$9,846
75th percentile
$52k
90th percentile
$140k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 312 organizations across 312 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Iowa
FAQ

Common questions about Betts Foundation

What are Betts Foundation's revenue and expenses?

In 2024, Betts Foundation reported $43k in total revenue and $19k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.