Raccoon Valley Bank Charitable Foundation
Preselected recipients only
Raccoon Valley Bank Charitable Foundation is a private foundation in Perry, Iowa. In tax year 2025 it gave $138,510 in 39 grants; the typical grant was $1,000 and the largest $75,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$138,510
- Number of grants39
- Typical grant$1,000
- Largest grant$75,000
- Assets$96,684
- New grantees64%
Giving in 2025 was up from $127,001 the year before.
64% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $40,442 | 40 | $212,195 |
| 2024 | $127,001 | 43 | $160,194 |
| 2025 | $138,510 | 39 | $96,684 |
How to apply
Raccoon Valley Bank Charitable Foundation 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.
What Raccoon Valley Bank Charitable Foundation funds
Where it gives
Its grants went to recipients in 7 states, the most to Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 33 | $136,260 |
| Missouri | 1 | $1,000 |
| Minnesota | 1 | $500 |
| New York | 1 | $300 |
| Illinois | 1 | $200 |
| Texas | 1 | $200 |
| Maryland | 1 | $50 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Friends of the Hotel Pattee | General Operations | $75,000 |
| Perry Chamber of Commerce Foundation Inc | Perry Business Support Fund | $10,000 |
| Food Bank Of Iowa | General Operations | $6,285 |
| The FullhartCarnegie Charitable Trust | Hometown Heritage | $5,000 |
| Good Samaritan Food Pantry Inc | General Operations | $3,000 |
| Dallas Country Fair Foundation | General Operations | $3,000 |
| Grimes Storehouse Inc | General Operations | $3,000 |
| Ronald Mcdonald House Charities | General Operations | $2,850 |
| Dallas Center Food Pantry | General Operations | $2,500 |
| Pery Area Emergency Food Council | General Operations | $2,500 |
| Des Moines Children's Museum | General Operations | $2,500 |
| Minburn United Methodist Church | General Operations | $2,500 |
| Whiterock Conservancy | General Operations | $2,250 |
| Art on the Prairie | General Operations | $2,000 |
| Ride the Thin Blue Line Inc | General Operations | $2,000 |
| Iowa Legal Aid Foundation | General Operations | $1,500 |
| Iowa Natural Heritage Foundation | General Operations | $1,300 |
| Iowa 4-H Foundation | General Operations | $1,125 |
| Iowa State Fair Foundation | General Operations | $1,000 |
| New Hope Village Foundation | General Operations | $1,000 |
| Friends of Perry Public Library | General Operations | $1,000 |
| VFW Foundation | General Operations | $1,000 |
| Catholic Charities | General Operations | $500 |
| Central Iowa Tractor Club | General Operations | $500 |
| Dallas County Pheasants Forever | General Operations | $500 |
| St Johns Catholic Church | General Operations | $500 |
| St Patrick's Church | General Operations | $500 |
| Trinity Lutheran Church | General Operations | $500 |
| Iowa College Foundation | General Operations | $500 |
| Major Taylor Iowa | General Operations | $500 |
| Trinity Unity Point Foundation | General Operations | $500 |
| Mt Olivet Lutheran Church | General Operations | $400 |
| Leukemia & Lymphoma Society | General Operations | $300 |
| Perry Alona Club | General Operations | $250 |
| Lutheran Campus Ministry of Northwestern | General Operations | $200 |
| The American Heart Association | General Operations | $200 |
| Wildlife Rehabilitation Network of Central Iowa | General Operations | $200 |
| Bravo Greater Des Moines | General Operations | $100 |
| National Park Foundation | General Operations | $50 |
Officers and trustees
- Terry Nielsen
- Kendall Rathje
- Mike Compiano
- Elizabeth Garst
- Sarah Garst
- Jane Clausen
- Jon Peters
- Sid Jones
- Dan Wilhelmi
- Rueben Garst
- Jeff Rose
Questions people ask
Does Raccoon Valley Bank Charitable Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Raccoon Valley Bank Charitable Foundation give?
$138,510 in tax year 2025, across 39 grants, with a typical grant of $1,000.
Who runs Raccoon Valley Bank Charitable Foundation?
Its 2025 filing lists Terry Nielsen (President & Director), Kendall Rathje (Secretary/Treasurer), Mike Compiano (Director) and Elizabeth Garst (Director) among 11 officers and trustees.
What does Raccoon Valley Bank Charitable Foundation fund?
Based on its grants, mainly food and hunger, arts and culture and faith communities.