Lester Prehn Trust | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Lester Prehn Trust. Data shown is extracted from Form 990-PF filings.
EIN: 42-6360957
Foundation Overview
Based in Norwalk, IA, Lester Prehn Trust has awarded 23 grants totaling $13,800 to organizations in Iowa, Nebraska and 1 other state across the US. Individual grants range from $150 to $2,350, with a median award of $500.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
2 total grants. Insufficient data for reliable pattern analysis. Foundation may be highly selective or recently established.
Geographic Focus
91% of all grants are concentrated in Iowa, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Iowa, funding concentrates in Ames (29%), Cumming (14%), Cedar Falls (10%).
Funding Trajectory
Declining funding trend with 29% decrease over 6 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.
Program Areas
Highly focused on education with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Lester Prehn Trust's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Martensdale-st Marys Community School District | $1,675 | Martensdale, IA, US | Student Scholarships | 2024 |
| Martensdale-st Marys Community School District | $1,675 | Martensdale, IA, US | Student Scholarships | 2024 |
| Maggie Wood | $500 | Ames, IA, US | Scholarship | 2022 |
| William Amfahr | $500 | Ames, IA, US | Scholarship | 2022 |
| Maggie Wood | $500 | Ames, IA, US | Scholarship | 2022 |
| William Amfahr | $500 | Ames, IA, US | Scholarship | 2022 |
| Maggie Wood | $500 | Ames, IA, US | Scholarship | 2022 |
| William Amfahr | $500 | Ames, IA, US | Scholarship | 2022 |
| Derek Kleve | $300 | Prole, IA, US | Scholarship | 2021 |
| Alani Gibson | $300 | Norwalk, IA, US | Scholarship | 2021 |
| Grace Dunahoo | $250 | Cumming, IA, US | Scholarship | 2021 |
| Ian Wetzler | $500 | Cumming, IA, US | Scholarship | 2021 |
| Jack Franey | $500 | Indianola, IA, US | Scholarship | 2021 |
| Brooks Trom | $500 | Cumming, IA, US | Scholarship | 2021 |
| Drake University - Isaac Gavin | $225 | Des Moines, IA, US | Scholarship | 2020 |
| Uni - Alanna Kiene | $525 | Cedar Falls, IA, US | Scholarship | 2020 |
| University Of Iowa - Morgan Clark | $400 | Iowa City, IA, US | Scholarship | 2020 |
| Univeristy Of Iowa - Grace Hart | $400 | Iowa City, IA, US | Scholarship | 2020 |
| Uni - Elizabeth Devore | $250 | Cedar Falls, IA, US | Scholarship | 2020 |
| Wartburg College - Anna Ohman | $400 | Waverly, IA, US | Scholarship | 2020 |
| Hastings College - Maddy Stott | $400 | Hastings, NE, US | Scholarship | 2020 |
| Dmacc - Jackson Bakerink | $150 | Ankeny, IA, US | Scholarship | 2020 |
| Scholarships | $2,350 | Tempe, AZ, US | Scholarships Directly Paid To Recipients Schools | 2018 |
Foundations Similar to Lester Prehn Trust
Discover 5 foundations with comparable assets ($51,284-$61,344), similar grant patterns, and geographic focus in IA that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Life Foundation
EIN: 26-2512444 | 125 grants awarded |
$59,380
(≈ Similar) |
$1,000
median grant |
Iowa Falls, IA
Same state |
|
|
Hayes Trust
EIN: 42-1257515 | 79 grants awarded |
$52,392
(≈ Similar) |
$500
median grant |
Guthrie Center, IA
Same state |
|
|
Hermanson Family Charitable
EIN: 45-3571164 | 205 grants awarded |
$52,299
(≈ Similar) |
$500
median grant |
Story City, IA
Same state |
|
|
Pastor Training International
EIN: 61-1930252 | 3 grants awarded |
$51,284
(≈ Similar) |
$1,000
median grant |
Adel, IA
Same state |
|
|
Nishnabotna Valley Foundation
EIN: 42-1467824 | 59 grants awarded |
$61,344
(≈ Similar) |
$500
median grant |
Harlan, IA
Same state |
|
Related Foundation Resources in IA:
Contact Information
Official contact details for Lester Prehn Trust as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 42-6360957 |
| Website | N/A |
| Address | 1225 COLONIAL PKWY Norwalk, IA 50211-9444 |
Key People (1)
Board members, trustees, and key staff who oversee Lester Prehn Trust's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| Trustee | City State Bank |
|---|
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Lester Prehn Trust is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
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