Nonprofit · EIN 39-4348943
KRAUSE FAMILY LEGACY FOUNDATION
Tax-exempt · DES MOINES, IA 50309
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $7,478,852 | $600 | $7,478,252 | $4,966,953 | $0 | $4,966,953 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,973,677
- Dividends
- $11,744
- Interest
- $2
- Net gain from sales of assets
- $2,493,429
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Excise tax on investment income
- $34,814
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $4,966,953
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,966,953
- Fair market value of assets
- $5,475,339
- Net investment income
- $2,505,175
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EMILY REIMAN 1459 GRAND AVE, DES MOINES, IA 50309 | PRESIDENT | 3 | $0 |
| RYAN KRAUSE 1459 GRAND AVE, DES MOINES, IA 50309 | VICE-PRESIDENT | 1.5 | $0 |
| EMILY KRAUSE 1459 GRAND AVE, DES MOINES, IA 50309 | SECRETARY | 1.5 | $0 |
| EVAN REIMAN 1459 GRAND AVE, DES MOINES, IA 50309 | TREASURER | 2 | $0 |
| NALISA KRAUSE 1459 GRAND AVE, DES MOINES, IA 50309 | DIRECTOR | 1 | $0 |
| OLIVER KRAUSE 1459 GRAND AVE, DES MOINES, IA 50309 | DIRECTOR | 1 | $0 |
| TANNER KRAUSE 1459 GRAND AVE, DES MOINES, IA 50309 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1459 GRAND AVE, DES MOINES, IA 50309-3005
- In care of
- % EVAN REIMAN
- Signed the 990-PF
- EVAN REIMAN, TREASURER
- Phone
- (515) 513-0817
- Return prepared by
- RSM US LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 39-4348943
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $4,966,953
- Income (IRS master file)
- $9,558,410
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $7,478,852 | $600 | $4,966,953 | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-4348943).
Questions about KRAUSE FAMILY LEGACY FOUNDATION
- What is the EIN of KRAUSE FAMILY LEGACY FOUNDATION?
- The employer identification number (EIN) of KRAUSE FAMILY LEGACY FOUNDATION is 39-4348943.
- Is KRAUSE FAMILY LEGACY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to KRAUSE FAMILY LEGACY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KRAUSE FAMILY LEGACY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KRAUSE FAMILY LEGACY FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KRAUSE FAMILY LEGACY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of KRAUSE FAMILY LEGACY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does KRAUSE FAMILY LEGACY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $7,478,852, expenses of $600 and total assets of $4,966,953 at year end.
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- MIDAMERICAN ENERGY FOUNDATION EIN 42-1338550 · last filed 990-PF for 2024
- OCHYLSKI FAMILY FOUNDATION EIN 36-4110483 · last filed 990-PF for 2024
All nonprofits in DES MOINES · Iowa · Philanthropy, voluntarism and grantmaking foundations