Iowa Savings Bank Charitable Foundation

Organization Overview

Iowa Savings Bank Charitable Foundation is located in Carroll, IA. The organization was established in 1989. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Savings Bank Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Iowa Savings Bank Charitable Foundation generated $25.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $83.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Iowa Savings Bank Charitable Foundation has awarded 97 individual grants totaling $181,851. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING MONETARY AWARDS FOR CHARITABLE, LITERARY, EDUCATIONAL OR OTHER WORTHY INSTITUTIONAL NEEDS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $25,000
Interest on Savings $24
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $25,024

Grants Awarded

Over the last fiscal year, Iowa Savings Bank Charitable Foundation has awarded $82,851 in support to 51 organizations.

Grant RecipientAmount

CARROLL COUNTY CONSERVATION FOUNDATION

Org PageRecipient Profile

Carroll, IA

PURPOSE: UNRESTRICTED USE

$20,000

MAIN STREET COON RAPIDS

Org PageRecipient Profile

Coon Rapids, IA

PURPOSE: UNRESTRICTED USE

$10,200

FRIENDS OF COMMUNITY MEMORIAL BUILDING FOUNDATION

PURPOSE: UNRESTRICTED USE

$10,000

WORLD FOOD PRIZE FOUNDATION

Org PageRecipient Profile

Urbandale, IA

PURPOSE: UNRESTRICTED USE

$10,000

COMMUNITY OF CONCERN FOOD PANTRY

PURPOSE: UNRESTRICTED USE

$6,250

ISU FOUNDATION

PURPOSE: UNRESTRICTED USE

$5,000
View Grant Profile

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