Iota Benefit Association
Preselected recipients only
Iota Benefit Association is a private foundation in Omaha, Nebraska. In tax year 2025 it gave $22,700 in 18 grants; the typical grant was $300 and the largest $10,000. 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$22,700
- Number of grants18
- Typical grant$300
- Largest grant$10,000
- Assets$468,926
- New grantees0%
Giving in 2025 was up from $19,500 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 | $16,500 | 7 | $381,699 |
| 2024 | $19,500 | 13 | $400,991 |
| 2025 | $22,700 | 18 | $468,926 |
How to apply
Iota Benefit Association 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 Iota Benefit Association funds
Where it gives
All of its grants went to recipients in Nebraska.
| State | Grants | Amount |
|---|---|---|
| Nebraska | 18 | $22,700 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| University of Nebraska Foundation | Education | $10,000 |
| Iota Benefit - Phi Rho Sigma | Medical education seminars | $5,000 |
| Munroe Meyer Foundation | Education and research | $3,000 |
| Individual | Scholarship for education | $500 |
| Individual | Scholarship for education | $300 |
| Individual | Scholarship for education | $300 |
| Individual | Scholarship for education | $300 |
| Individual | Scholarship for education | $300 |
| Individual | Scholarship for education | $300 |
| Individual | Scholarship for education | $300 |
| Individual | Scholarship for education | $300 |
| Individual | Scholarship for education | $300 |
| Individual | Scholarship for education | $300 |
| Individual | Scholarship for education | $300 |
| Individual | Scholarship for education | $300 |
| Individual | Scholarship for education | $300 |
| Individual | Scholarship for education | $300 |
| Individual | Scholarship for education | $300 |
Officers and trustees
- Dr Amy Neumesiter
- Dr Brett Kettelhut
- Dr Carol A Drake
- Dr Mary Kay Drake
- Dr Richard Forsman
- Dr Mark Wilson
- Brian Zahm
- Dr Dennis Strauss
- Dr Phyliss Byrd
Questions people ask
Does Iota Benefit Association accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Iota Benefit Association give?
$22,700 in tax year 2025, across 18 grants, with a typical grant of $300.
Who runs Iota Benefit Association?
Its 2025 filing lists Dr Amy Neumesiter (Board Member), Dr Brett Kettelhut (Board Member), Dr Carol A Drake (Director) and Dr Mary Kay Drake (Board Member) among 9 officers and trustees.
What does Iota Benefit Association fund?
Based on its grants, mainly education.