Donald R Tietz Charitable Foundation
- Assets
- $2.9m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Algona, IA
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 35-2503399
Organization Overview
Donald R Tietz Charitable Foundation is located in Algona, IA. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Donald R Tietz Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Donald R Tietz Charitable Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $180.6k during the year ending 12/2022. While expenses have increased by 13.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Donald R Tietz Charitable Foundation has awarded 14 individual grants totaling $1,037,625. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATURE PRESERVE: LAND DONATIONS RECEIVED BY THE FOUNDATION ARE LAND PARCELS THAT ARE PART OF A NATURE PRESERVE. THE OBJECTIVE IS TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR YOUTH DESIRING TO LEARN MORE ABOUT PRESERVING AND MAINTAINING NATURAL RECOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Conley Nelson President | 1 | $0 | |
Kristie Brown Treasurer | 1 | $0 | |
Susan Doster Director (until 06/22) | 1 | $0 | |
Nicholas Gilliland Director | 1 | $0 | |
Kirk Hayes Director | 1 | $0 | |
Donna Kitzinger Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,489,106 |
| Interest on Savings | $782 |
| Dividends & Interest | $894 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$23,940 |
| Total Revenue | $1,466,842 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $8,787 |
| Occupancy | $9,020 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,781 |
| Total operating and administrative expenses | $45,618 |
| Contributions, gifts, grants paid | $135,000 |
| Total expenses and disbursements | $180,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $923,687 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $744,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,158,394 |
| Other assets | $101,622 |
| Total assets | $2,927,703 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Donald R Tietz Charitable Foundation has awarded $655,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ALGONA COMMUNITY SCHOOL FOUNDATION PURPOSE: SUPPORT THE TURF PROJECT | $50,000 |
IOWA LAKES COMMUNITY COLLEGE FOUNDATION PURPOSE: SUPPORT FOR THE TIETZ ENTREPRENEURIAL CENTER | $75,000 |
RICHARD J PERRY PURPOSE: SUPPORT FOR THE SPIRIT LAKE MASSACRE SCRIPT | $10,000 |
BEAR CARE PURPOSE: TEACHER RECRUITMENT, RETENTION & EDUCATION | $500,000 |
RICHARD J PERRY PURPOSE: SUPPORT FOR THE SPIRIT LAKE MASSACRE SCRIPT | $20,000 |