Funder DirectoryROCK RAPIDS AREA DEVELOPMENT FOUNDATION
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Private foundation (trust)EIN 421293260Est. 1988-01

ROCK RAPIDS AREA DEVELOPMENT FOUNDATION

ROCK RAPIDS, IA 51246

Accepts unsolicited proposals

Total Assets

$2.2M

FY 2023

Annual Giving

$652K

FY 2023

Grants Made

2

FY 2023

Avg Grant

$326K

FY 2023

Grant Range

$202K–$450K

Typical

Deadlines

Open / rolling

Applications

Programs & Activities

Program 1

The foundation is working in correlation with the rock rapids development corporation to stimulate commercial growth and job opportunities for citizens of the city of rock rapids. The foundation has been acquiring desired property and contructing commercial spec buildings. Upon completion, the foundation is selling the buildings at a reasonable price to an existing business for relocation or expansion or a new business to the community.

Financial Snapshot

2023 filing

Total Revenue

$179K

Total Expenses

$679K

Qualifying Distributions

$658K

Distributable Amount

$108K

Min. Investment Return

$108K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

2 years

Giving over time from 2020 to 2023. Peak $652K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

22 grants

ROCK RAPIDS DEVELOPMENT CORPORATION
$652K
2 grants
LYON COUNTY ECONOMIC CONSORTIUM
$40K
1 grant
CORRAL LANES
$1K
1 grant
BRENDA JEPSEN
$1K
1 grant
GLENNA KLAASSEN
$1K
1 grant
MELISSA METZGER
$1K
1 grant
CHRISTIL ROSE ENGLERT BREWER
$1K
1 grant
ROCK RAPIDS PIZZA RANCH
$1K
1 grant

Grant Size Distribution

22 grants

<$10K
19
grants
$10–50K
1
grants
$50–250K
1
grants
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

1 states

Iowa
$710K
100% of total

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ROCK RAPIDS AREA DEVELOPMENT FOUNDATION — Grants, Financials & Contact | Grantivo