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Foundations / Iowa

Margaret L Prahm Kephart Charitable Trust

Preselected recipients only Independence, Iowa · EIN 846958074

Margaret L Prahm Kephart Charitable Trust is a private foundation in Independence, Iowa. In tax year 2025 it gave $120,111 in 10 grants; the typical grant was $11,011 and the largest $14,682. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2025.

Giving in 2025 was down from $126,654 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 yearGrants paidNumber of grantsAssets
2023$126,46210$2.6 million
2024$126,65410$2.6 million
2025$120,11110$2.7 million

How to apply

Margaret L Prahm Kephart Charitable Trust says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.

IRS filings on ProPublica

What Margaret L Prahm Kephart Charitable Trust funds

Where it gives

Its grants went to recipients in 2 states, the most to Iowa.

StateGrantsAmount
Iowa9$109,100
Tennessee1$11,011

Grants paid in 2025

All 10 grants
RecipientPurposeAmount
Independence Area Dollar for Schola
Independence, IA
Contribution to scholar fund$14,682
Jesup Dollars for Scholars
Jesup, IA
Contribution to scholar fund$14,682
East Buchanan Funds for the Future
Winthrop, IA
Contribution to general fund$14,681
Buchanan County Historical Society
Independence, IA
Contribution to general fund$11,011
Buchanan County Tourism Bureau
Independence, IA
Contribution to general fund$11,011
Independence Public Library Foundat
Independence, IA
Contribution to general funds$11,011
First Presbyterian Church
Independence, IA
Contribution to general fund$11,011
Individual
IA
Contribution to general fund$11,011
St Judes Childrens Hospital
Memphis, TN
Contribution to general fund$11,011
Buchanan County Health Trust Inc
Independence, IA
Contribution to equip in lt care cen$10,000

Officers and trustees

As listed in Part VIII of the 2025 filing.

Questions people ask

Does Margaret L Prahm Kephart Charitable Trust accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does Margaret L Prahm Kephart Charitable Trust give?

$120,111 in tax year 2025, across 10 grants, with a typical grant of $11,011.

Who runs Margaret L Prahm Kephart Charitable Trust?

Its 2025 filing lists Bankiowa (Trust Office) and Roger Main (Trustee).

What does Margaret L Prahm Kephart Charitable Trust fund?

Based on its grants, mainly education and health.

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