//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Midamerican Energy Foundation is a private corporation based in DES MOINES, IA. The foundation received its IRS ruling in 1997. The principal officer is Corporate Accounting. It holds total assets of $40.2M. Annual income is reported at $8.1M. Total assets have grown from $12.9M in 2011 to $40.2M in 2024. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2024. According to available records, Midamerican Energy Foundation has made 5 grants totaling $29.1M, with a median grant of $5.6M. Annual giving has decreased from $7.1M in 2020 to $5.6M in 2023. Grantmaking activity was highest in 2022 with $9.6M distributed across 2 grants. Individual grants have ranged from $4.8M to $7.1M, with an average award of $5.8M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Midamerican Energy Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in IA.
Midamerican Energy Foundation has distributed a total of $29.1M across 5 grants. The median grant size is $5.6M, with an average of $5.8M. Individual grants have ranged from $4.8M to $7.1M.
Discretion of the board of directors.
Midamerican Energy Foundation is headquartered in DES MOINES, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Aimee S Rooney | TREASURER | $0 | $0 | N/A |
| Kelcey A Brown | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Blake M Groen | DIRECTOR | $0 | $0 | N/A |
| Mark D Lowe | VICE PRESIDENT | $0 | $0 | N/A |
| Gretchen W Kraemer | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$40.2M
Fair Market Value
N/A
Net Worth
$34.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$29.1M
Average Grant
$5.8M
Median Grant
$5.6M
Unique Recipients
2
Most Common Grant
$4.8M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attachment 12GENERAL SUPPORT | See Attachment, IA | $5.6M | 2023 |
| See Attachment 7GENERAL SUPPORT | See Attachment, IA | $7.1M | 2020 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA