Jepsen Trust
Historical FunderStorm Lake, Iowa · EIN 42-6507733 · Private foundation
Half of its grants to organizations were between $2,800 and $17,500.
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2025):
| Contact | CITIZENS FIRST NATIONAL BANK |
|---|---|
| Address | PO BOX 1227, STORM LAKE IA 50588 |
| Phone | 7127325440 |
| Form and materials | WRITTEN REQUEST INCLUDING SCOPE OF PROJECT, FINANCIAL COST, AND NUMBER OF YOUTH BENEFITING FROM THE PROJECT. |
| Deadlines | NONE |
| Restrictions | FUNDS ARE DISTRIBUTED SOLELY FOR THE BENEFIT OF THE YOUTH OF HOLSTEIN, IA |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
Where it gives
0% of grants went outside Iowa.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| City of Holstein - Park | Holstein, IA | City park reno and courts reno | $17,500 |
| City of Holstein - Ball Field | Holstein, IA | Pitching equipment | $3,600 |
| Stubbs Mem Library Grant | Holstein, IA | Summer reading program | $2,800 |
The return also lists 1 grant to individuals ($5,000). We do not publish the names of individual recipients.
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $28,900 | 4 |
| 2024 | $23,800 | 5 |
| 2023 | $26,700 | 3 |
Sources
- IRS Form 990-PF, tax year 2025, filed Jul 30, 2026 - IRS e-file batch, object ID 202612119349100911
- IRS Tax Exempt Organization Search for EIN 42-6507733
- Profile updated Nov 6, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.