Prairie Meadows Race Track & Casino Inc
Grantmaking foundation in Altoona, Iowa · EIN 42-1244913
- Total giving
- $33MTax year 2024
- Grants made
- 312Tax year 2024
- Total assets
- $330MLatest reported
- Latest IRS filing
- 2024Form 990 / 990-PF
Mission
PURSUANT TO INTERNAL REVENUE CODE SECTION 501(C)(4), PRAIRIE MEADOWS RACE TRACK AND CASINO IS NOT ORGANIZED FOR PROFIT BUT IS OPERATED EXCLUSIVELY FOR THE PROMOTION OF SOCIAL WELFARE AND ECONOMIC DEVELOPMENT. THE PROMOTION OF SOCIAL WELFARE AND ECONOMIC DEVELOPMENT INCLUDES PROVIDING A SOURCE OF RECREATION FOR THE COMMUNITY AND PROVIDING A GENERALLY POSITIVE ECONOMIC IMPACT ON CENTRAL IOWA IN CONJUNCTION WITH THE CITIZENS AND LOCAL GOVERNMENT IN THE AREA. PURSUANT TO SECTION 99F.6(4)(A) OF THE IOWA CODE, PRAIRIE MEADOWS RACE TRACK AND CASINO IS REQUIRED TO DISTRIBUTE AND DOES DISTRIBUTE ITS PROFITS FOR "EDUCATIONAL, CIVIC, PUBLIC, CHARITABLE, PATRIOTIC, OR RELIGIOUS" USES AS DEFINED IN SECTION 99B.7(3)(B) OF THE IOWA CODE.
Giving by year
Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.
Top recipients
| Recipient | Amount | Tax year |
|---|---|---|
| Polk County Iowa | $12M | 2024 |
| Des Moines Park & Recreation Foundation | $900K | 2024 |
| Childserve Foundation Inc | $750K | 2024 |
| Ducks Unlimited Inc | $470K | 2024 |
| Great Outdoors Foundation | $470K | 2024 |
Amounts are rounded. The full grantee list (312 grants in 2024) is available with a free account.
Website: prairieinc.com
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Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.