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Iowa · Public charity

Invest Dsm

Provide holistic and innovative solutions that strengthen neighborhoods. We do this through strategic investments in real estate and partnerships to improve quality of life.

$6.7M
Granted FY2025(still arriving)
37
Itemized grants FY2025
10
Organizations funded FY2023
90%
First-time grantees FY2023
Read the full brief
Itemized, FY2025
$3.9M
The rest is grants the schedule does not break out
Median grant, FY2025
$30,525
Largest grant, FY2025
$1,043,841
Organizations funded a year
3 to 12
FY2020 to FY2023
States reached, FY2025
1
Total assets, FY2025
$27M

How open it is to new grantees

In FY2023, 90% of the organizations Invest Dsm funded were first-time grantees, receiving 64% of its grant dollars.

New vs renewed · share of each year

In FY2023, 36% of grant dollars renewed an existing relationship; $373k went to new ones.

50%100%’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’21’22’23
Housing & ShelterArts & CultureHuman ServicesOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving33$3.9M82%
FY202310$579k90%
FY202212$775k83%
FY20213$503k100%
FY20204$114kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2023.

Community Improvement$1.3MHousing & Shelter$651kArts & Culture$50k

Top grantees

Largest recipients by total granted, FY2020 to FY2025, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Nfc Properties LLC$1,043,8411n/a
Q-Enterprises LLC$817,3333n/a
Peter Cutler$530,3401n/a
Neighborhood Development Corporation$488,764213%
Rm Madden Construction Inc$241,1852n/a
36 on 6th LLC$240,0002n/a
Anchor (Archway) Properties$212,3251n/a
Silent Rivers Astilbe Morning$210,0001n/a
Drj Investments$194,8001n/a
Des Moines Renovation Company$167,4001n/a
Show all 49 grantees
All grantees of Invest Dsm by total granted
GranteeTotal grantedYearsShare of their budget
Nfc Properties LLC$1,043,8411n/a
Q-Enterprises LLC$817,3333n/a
Peter Cutler$530,3401n/a
Neighborhood Development Corporation$488,764213%
Rm Madden Construction Inc$241,1852n/a
36 on 6th LLC$240,0002n/a
Anchor (Archway) Properties$212,3251n/a
Silent Rivers Astilbe Morning$210,0001n/a
Drj Investments$194,8001n/a
Des Moines Renovation Company$167,4001n/a
Des Moines Film Society$134,05327%
Rally Cap Properties LLC$125,6003n/a
MM&S Development$118,8001n/a
Shepdyk Norman$107,5801n/a
Uptown Investor Tju LLC$107,2751n/a
Harvey Parks Properties$63,2832n/a
The Fitz (Lachele's North Llc)$60,0001n/a
Rca$57,3001n/a
Beachhaus Partners LLC$57,0181n/a
Wesley Community Services Inc$50,00010%
Reasoner's Garage$50,0001n/a
Pints by Beth$40,0001n/a
Dle Four Way Lc$39,6631n/a
Sell My House Dsm LLC$39,2001n/a
Allegiant Homes$35,8181n/a
Standard Family Homes$35,0001n/a
Ravina Homes$35,0001n/a
Freddy's Homes LLC$33,5641n/a
Perry's Car Wash$31,0001n/a
Home Opportunities Made Easy Inc$30,00011%
Wilshire Holdings$30,0001n/a
Forward Consulting$28,2991n/a
6th Ave Property LLC$27,4001n/a
Highland Park Hardware Inc$25,2001n/a
Bar Martinez (Four Six Five Llc)$25,0001n/a
Snookies Malt Shop$23,4931n/a
Lenox Properties$21,1961n/a
2mk Holdings$21,0001n/a
Lucky Horse Beer and Burgers LLC$20,0001n/a
Uptown New Construction$20,0001n/a
Linn's Super Market (Kk Family Inc)$19,5001n/a
Greater Des Moines Habitat for Humanity Inc$17,24810%
Drj Investments LLC$16,0001n/a
609 Green Room$13,3941n/a
Barton on 39th LLC$12,7841n/a
University Library Caf (Full Court Press)$10,1701n/a
Cha Chas Hiland Park Bakery$7,8751n/a
Optimae Lifeservices Inc$7,5101n/a
Omni Investments LLC$5,9701n/a

Plus 4 recipients with no EIN on record ($114k), not named here.

Nonprofits that may fit its grantmaking

Compare Invest Dsm with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Invest Dsm?

Find your warmest path to Invest Dsm through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Invest Dsm

How much does Invest Dsm give?
Invest Dsm reported 37 itemized grants totaling $3,890,657, out of $6,677,074 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 3 and 12 organizations a year over FY2020 to FY2023.
What does Invest Dsm fund?
By grant dollars over FY2020 to FY2025, its largest causes are Community Improvement (64%), Housing & Shelter (33%), Arts & Culture (3%).
Who are Invest Dsm's largest grantees?
By total granted over FY2020 to FY2025: Nfc Properties LLC ($1.0M), Q-Enterprises LLC ($817k), Peter Cutler ($530k).
Does Invest Dsm fund new organizations?
In FY2023, 90% of the organizations it funded were first-time grantees.
Where is Invest Dsm based?
Invest Dsm is based in IA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 53 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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