Betts Foundation

Tax-deductible

Des Moines, IA501(c)(3)EIN 42-6059607

501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $4K a year · 15% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
89 mo
of spending, in cash
Looks good: 88.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$43K
+115% vs prior year
Spent
$19K
Net assets
$377K
By yearFY2020–FY2024
Revenue
$43K
FY2024▲ +115%
Revenue by fiscal year
FY2020$52K
FY2021$21K
FY2022−$15K
FY2023$20K
FY2024$43K
Expenses
$19K
FY2024▲ +72%
Expenses by fiscal year
FY2020$37K
FY2021$24K
FY2022$11K
FY2023$11K
FY2024$19K
Net assets
$377K
FY2024▲ +7%
Net assets by fiscal year
FY2020$373K
FY2021$370K
FY2022$344K
FY2023$353K
FY2024$377K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1953.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 70% · $13K Operating & administrative 30% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990-PF.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee (to 9/1/24)
$0Pt VII · Sec A
See Betts Foundation executive salaries →

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Programs and updates

A private foundation based in Des Moines, IA.

Provided by the organization

This section is blank until Betts Foundation claims this page.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 4 grants · $13K · 2024–2024
Great Outdoor Foundation - Icon WatertrailsFY2024$2,000
Scottish Rite Park INCIA · FY2024$1,100
Community Foundation Greater Des MoinesFY2024$250

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV2
Average grantPart XV$3K
Median grantPart XV$2K
Largest grantPart XV$10K

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$43K
Investment income$22K
Gifts and grants$21K
Money out
$19K
Grants paid$13K
Running costs$6K
Owns and owes
$377K
net assets
Cash and savings$141K
Total assets$377K
Liabilities$0
People
5
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$21K
Investment income$22K
Total revenue$43K
Assets in detailEnd of year
Cash and savings together$141K
Total assets$377K
Liabilities$0
Net assets$377K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $43K$19K$24K$377K 990 PDF
FY2023 $20K$11K$9K$353K 990 PDF
FY2022 −$15K$11K−$26K$344K 990 PDF
FY2021 $21K$24K−$3K$370K 990 PDF
FY2020 $52K$37K$15K$373K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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