Jepsen Trust
Accepts applications
Jepsen Trust is a private foundation in Storm Lake, Iowa. In tax year 2025 it gave $28,900 in 4 grants; the typical grant was $4,300 and the largest $17,500. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$28,900
- Number of grants4
- Typical grant$4,300
- Largest grant$17,500
- Assets$682,570
- New grantees0%
Giving in 2025 was up from $23,800 the year before.
0% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $26,700 | 3 | $610,963 |
| 2024 | $23,800 | 5 | $646,852 |
| 2025 | $28,900 | 4 | $682,570 |
How to apply
| Contact | Citizens First National Bank PO Box 1227, Storm Lake, IA 50588 |
|---|---|
| Phone or email | (712) 732-5440 |
| What to submit | Written request including scope of project, financial cost, and number of youth benefiting from the project. |
| Restrictions | Funds are distributed solely for the benefit of the youth of holstein, ia |
Where it gives
All of its grants went to recipients in Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 4 | $28,900 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| City of Holstein - Park | City park reno and courts reno | $17,500 |
| Kinderfest | Kinderfest | $5,000 |
| City of Holstein - Ball Field | Pitching equipment | $3,600 |
| Stubbs Mem Library Grant | Summer reading program | $2,800 |
Officers and trustees
- Citizens First National Bank
Questions people ask
Does Jepsen Trust accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Jepsen Trust give?
$28,900 in tax year 2025, across 4 grants, with a typical grant of $4,300.
Who runs Jepsen Trust?
Its 2025 filing lists Citizens First National Bank (Trustee).