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Filing year 2024

Independence Bancshares Charitable Foundation Inc

Sumner, Iowa·EIN 20-1051475·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$42k
Total assets
$45k
Total expenses
$34k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. Independence Bancshares Charitable Foundation Inc reported 5 unpaid officers and board members on its 990-PF.

President/director
Vice President/director
Vice President/director
Treasurer/secretary/director
Director

Grants paid

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

Total granted

$34k

Itemized grants

8

Median grant

$3k

RecipientLocationPurposeAmount
Sumner Daycare and Learning Center Incsumner, IAGENERAL OPERATIONS$17k
Winneshiek County Development - Sunflower DaycareDecorah, IAGENERAL OPERATIONS$5k
Buchanan County Economic Development CommissionIndependence, IAGENERAL OPERATIONS$3k
Heartland AcresIndependence, IAGENERAL OPERATIONS$3k
Kidsville Early Learning CenterIndependence, IAGENERAL OPERATIONS$3k
Excelerating SumnerSumner, IAGENERAL OPERATIONS$1k
Hillcrest Home Inc (Hillcrest Living)Sumner, IAGENERAL OPERATIONS$1k
Fayette County Economic DevelopmentPostville, IAGENERAL OPERATIONS$250
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Financial trend

Revenue and expenses over time

Independence Bancshares Charitable Foundation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$27k
$46k
2023
$42k
$34k
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

Independence Bancshares Charitable Foundation Inc 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 Independence Bancshares Charitable Foundation Inc

What are Independence Bancshares Charitable Foundation Inc's revenue and expenses?

In 2024, Independence Bancshares Charitable Foundation Inc reported $42k in total revenue and $34k 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.