The Wellmark Foundation is located in Des Moines, IA. The organization was established in 1992. 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. Wellmark 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, Wellmark Foundation generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 52.5% each year . All expenses for the organization totaled $4.5m during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Wellmark Foundation has awarded 54 individual grants totaling $3,934,034. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cory R Harris Chairperson | 0 | $0 | |
Izaah Knox Director | 0 | $0 | |
Sheila Riggs Director | 0 | $0 | |
Christa D Kuennen Treasurer | 0 | $0 | |
John D Forsyth Director | 0 | $0 | |
Chris G Atchison Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $1,249,349 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $527,111 |
Capital Gain Net Income | $527,111 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $5,164,923 |
Total Revenue | $6,941,383 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $65,000 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $440,659 |
Total operating and administrative expenses | $505,659 |
Contributions, gifts, grants paid | $4,021,086 |
Total expenses and disbursements | $4,526,745 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $84,586,443 |
Net Land, buildings, and equipment | $0 |
Other assets | $25,187 |
Total assets | $84,611,630 |
Accounts payable and accrued expenses | $0 |
Grants payable | $234,389 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $434,703 |
Total liabilities | $669,092 |
Over the last fiscal year, The Wellmark Foundation has awarded $3,934,034 in support to 54 organizations.
Grant Recipient | Amount |
---|---|
BLUES CARE GIVING CONTRIBUTIONS PURPOSE: SEE ATTACHMENT 2 | $1,413,890 |
URBAN DREAMS PURPOSE: DONATION FOR THE URBAN DREAMS COMMUNITY CENTER. | $250,000 |
CITY OF PIERRE PURPOSE: THIS PROJECT WILL REPLACE THE CITY'S ONLY PUBLIC OUTDOOR POOL WITH A MODERN FAMILY-FRIENDLY POOL THAT PROVIDES RECREATION, FITNESS, SOCIAL AND EDUCATIONAL OPPORTUNITIES. THE REPLACEMENT INCLUDES A 50-METER MULTI-PURPOSE POOL, A RECREATIONAL POOL, AND A LAZY RIVER, AS WELL AS A VARIETY OF WATER FEATURES LIKE SLIDES, A DIVING TOWER, A WATER WALK, A CHILDREN'S WATER PLATFORM, SHADE STRUCTURES, AND ZERO DEPTH ENTRY. THE CITY OF PIERRE HAS COMMITTED $10 MILLION FOR THIS SWIMMING POOL. THE CITY HAS COMMISSIONED THE PIERRE POOL COMMITTEE TO RAISE $3 MILLION TO PAY FOR ADDITIONAL FEATURES. THE ADDITIONAL MONEY WILL ENSURE THAT THE SWIMMING POOL WILL HAVE 50 METER SWIM LANES, LAZY RIVER FOR LOW RESISTANCE EXERCISES, A 3 METER DIVING BOARD, WATER SLIDES, AND PLAY FEATURES THAT WILL NOT ONLY BRING FAMILIES TO THE POOL FOR A DAY OF FUN AND EXERCISE, BUT WILL PROVIDE WELLNESS OPPORTUNITIES TO PEOPLE OF ALL AGES, INCLUDING THOSE WITH INJURIES, DISABILITIES AND MEDICAL CONDITIONS. | $100,000 |
Des Moines, IA PURPOSE: CENTRAL IOWA SHELTER & SERVICES PROVIDES OVER 200,000 MEALS PER YEAR TO OUR ONSITE EMERGENCY SHELTER AND PERMANENTLY HOUSED CLIENTS, AN ADDITIONAL 5,000 MEALS PER YEAR TO ANYONE WHO IS HUNGRY AND COMES IN FOR OUR FREE DAILY LUNCHES, AND 165,000 MEALS PER YEAR AT 17 MEAL SITES AS A PART OF OUR HOMELESSNESS PREVENTION OUTREACH PROGRAM. TO FULFILL THESE FOOD ACCESS NEEDS FOR THE MOST VULNERABLE MEMBERS OF OUR COMMUNITY, CISS IS UNDERGOING CONSTRUCTION OF A LARGE-SCALE AGRI-HOOD TO INCREASE FOOD PRODUCTION, BUILD CLIENT JOB SKILLS, AND DEVELOP AN ATTRACTIVE GREEN SPACE FOR DOWNTOWN EMPLOYEES AND RESIDENTS. THE AGRI-HOOD INCLUDES A GREENHOUSE WITH VERTICAL GARDENS, AQUAPONICS, OUTDOOR FLOATING GARDEN BEDS, AND AN EXPANDED ORCHARD. THE AGRI-HOOD WILL PROVIDE UP TO 60% OF OUR OWN PROGRAM MEAL NEEDS, MORE THAN DOUBLING OUR CURRENT PRODUCTION. | $100,000 |
CITY OF AUBURN PURPOSE: GRANT PARK TRAIL IS A 1.5 MILE LONG TRAIL THAT CONNECTS THE CITY OF AUBURN WITH A BEAUTIFUL COUNTY PARK ON THE NW SIDE OF THE CITY. THE PROJECT INCLUDES A LANDSCAPED AND COBBLESTONE TRAILHEAD AREA WITH 25' TALL STEEL TREE SCULPTURES, BENCHES, AND LIGHTING WITHIN A LARGE CIRCULAR PATTERNED PATHWAY. GRANT PARK TRAIL IS DESIGNED TO ENTERTAIN, INFORM AND MAKE PEOPLE MOVE. GRANT PARK TRAIL IS DESIGNED TO BE SO MUCH MORE THAN JUST A WALKING OR BIKING PATHWAY. WHEN TOTALLY COMPLETED GRANT PARK TRAIL WILL BE THE VENUE TO EXERCISE, LEARN, OBSERVE, APPRECIATE, AND WONDER. ALL OF THE THINGS THAT MAKE US HEALTHIER AND HAPPIER. THIS REQUEST IS FOR GRANT PARK TRAIL PHASE 2, THE BRIDGES PROJECT. PHASE 2 IS THE TRAIL SECTION THAT WILL ACTUALLY PROVIDE THE CONNECTION TO THE COUNTY PARK KNOWN AS GRANT PARK. THIS PORTION OF THE TRAIL HAS THE MUCH MORE RUGGED TERRAIN AND MEANDERS THROUGH WOODLAND AND OVER CREEKS THAT DRAIN INTO THE NORTH RACCOON RIVER. | $100,000 |
Burke, SD PURPOSE: THE SPLASH PAD INSTALLATION WILL BE PHASE ONE OF A LONG-TERM BURKE CITY PARK PROJECT THAT INCLUDES PLANNING FOR ACCESSIBLE TRAILS, NEW RESTROOMS, A NEW PAVILION, PUBLIC ART, AND UPDATED GREEN SPACES. THIS IS THE FIRST STEP IN CREATING A MORE ROBUST OUTDOOR PLAY SPACE THAT DOESN'T SIGNIFICANTLY BURDEN THE CITY OR VOLUNTEERS IN TERMS OF LONG-TERM MAINTENANCE OR STAFFING COST. IT WILL BE SUSTAINABLE FUN FOR MANY YEARS, AND WE BELIEVE IT WILL LEAD TO EVEN FURTHER PRIVATE AND PUBLIC INVESTMENT IN THE PARK CAMPUS AND OUTDOOR RECREATION IN BURKE. | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
Charles K Blandin Foundation Grand Rapids, MN | $0 | $24,073,238 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Roger And Susan Stone Family Foundation Northbrook, IL | $23,476,805 | $8,385,528 |
Galashiels Fund Ltd Northbrook, IL | $154,593,436 | $48,314,988 |