EIN 42-0745995

Iowa College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
5
State
Year formed
1952
Most recent tax filings
2023-06-01
Description
The Foundation is organized to further the growth and development of private colleges and universities of higher education in Iowa. See form 990, part iii, line 1.
Total revenues
$1,918,652
2023
Total expenses
$1,923,666
2023
Total assets
$7,852,626
2023
Num. employees
5
2023

Program areas at Iowa College Foundation

Distributions of contributions to member colleges and universities.

Grants made by Iowa College Foundation

GranteeGrant descriptionAmount
Wartburg CollegeProvide Scholarships$65,389
Grand View UniversityProvide Scholarships$63,975
Northwestern CollegeProvide Scholarships$63,510
...and 22 more grants made totalling $1,231,222

Who funds Iowa College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Council of Independent Colleges (CIC)Grant To State Councils$109,706
Prairie Meadows Race Track & CasinoPrairie Meadows Scholarship Program$91,250
Greater Cedar Rapids Community Foundation (GCRCF)Icf Annual Request To CRST International, Dei Opportunity Scholarship Challenge Request, Icf Annual Request To Greatamerica, Icf Annual Request To World Class Industries, Icf Annual Request To Diamond V, Dei Opportunity Scholarship Request$46,000
...and 38 more grants received totalling $512,907

Personnel at Iowa College Foundation

NameTitleCompensation
Ed FinnPresident$193,421
Susan HaackPast Board Chair$0
John StavnesTreasurer$0
William DuffySecretary$0
Peter VoorheesBoard Chair$0
...and 1 more key personnel

Financials for Iowa College Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$961,157
Program services$595,139
Investment income and dividends$175,855
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$186,501
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,918,652

Form 990s for Iowa College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-04990View PDF
2022-062023-02-22990View PDF
2021-062022-03-16990View PDF
2021-062022-03-04990View PDF
2020-062021-04-13990View PDF
...and 10 more Form 990s
Data update history
November 25, 2024
Received grants
Identified 4 new grant, including a grant for $5,000 from John Ruan Foundation Trust
August 25, 2024
Received grants
Identified 14 new grant, including a grant for $26,000 from United Fire Group Foundation
May 27, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $109,706 from Council of Independent Colleges (CIC)
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
505 Fifth Ave 1034
Des Moines, IA 50309
Metro area
Des Moines-West Des Moines, IA
County
Polk County, IA
Website URL
iowacollegefoundation.org/ 
Phone
(515) 282-0473
IRS details
EIN
42-0745995
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1952
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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