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Midwestone Bank Foundation is a private corporation based in IOWA CITY, IA. The foundation received its IRS ruling in 2002. The principal officer is % Robert Ross. It holds total assets of $3.9M. Annual income is reported at $1.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Midwestone Bank Foundation has made 205 grants totaling $846K, with a median grant of $3K. Annual giving has grown from $179K in 2020 to $453K in 2022. Individual grants have ranged from $2K to $12K, with an average award of $4K. The foundation has supported 86 unique organizations. The foundation primarily supports organizations in Iowa, Minnesota, Wisconsin, which account for 93% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Midwestone Bank Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 205 grants. Its grantmaking reaches organizations primarily in IA, MN, WI.
Midwestone Bank Foundation has distributed a total of $846K across 205 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $2K to $12K.
Midwestone Bank Foundation typically selects its grantees rather than accepting unsolicited proposals.
Midwestone Bank Foundation is headquartered in IOWA CITY, IA. While based in IA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles N Funk | PRESIDENT | $0 | $0 | $0 |
| Chip Reeves | VICE PRESIDENT | $0 | $0 | $0 |
| Matt Walter | SECRETARY/TREASURER | $0 | $0 | $0 |
| Larry D Albert | DIRECTOR | $0 | $0 | $0 |
| Len Devaisher | DIRECTOR | $0 | $0 | $0 |
Total Giving
$244K
Total Assets
$3.8M
Fair Market Value
$4.4M
Net Worth
$3.8M
Grants Paid
$240K
Contributions
$100K
Net Investment Income
$139K
Distribution Amount
$202K
Total: $785K
Total Grants
205
Total Giving
$846K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
86
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stonehill Franciscan ServicesGENERAL OPERATING FUND | Dubuque, IA | $12K | 2022 |
| Hudson Hospital FoundationGENERAL OPERATING FUND | Hudson, WI | $10K | 2022 |
| Dubuque Museum Of ArtGENERAL OPERATING FUND | Dubuque, IA | $10K | 2022 |
| Lee County Housing DevelopmentGENERAL OPERATING FUND | Fort Myers, FL | $8K | 2022 |
| Chisago Lakes School DistrictGENERAL OPERATING FUND | Chisago City, MN | $8K | 2022 |
| Peggy Hudson |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Kevin Monson | PRESIDENT (UNTIL 12/22), DIRECTOR | $0 | $0 | $0 |
| Ruth E Stanoch | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Mahaska FutureviewGENERAL OPERATING FUND | Oskaloosa, IA | $7K | 2022 |
| Mahaska Ymca And Early Childhood Development CenterGENERAL OPERATING FUND | Oskaloosa, IA | $6K | 2022 |
| Strength Grow Evolve CampaignGENERAL OPERATING FUND | Iowa City, IA | $6K | 2022 |
| Rise School Of DenverGENERAL OPERATING FUND | Denver, CO | $5K | 2022 |
| Riverside TheatreGENERAL OPERATING FUND | Iowa City, IA | $5K | 2022 |
| City Of SigourneySIGOURNEY BALL, INC. | Sigourney, IA | $5K | 2022 |
| Mahaska County Historical SocietyNELSON PIONEER FARM AND MUSEUM | Oskaloosa, IA | $5K | 2022 |
| Boys And Girls Clubs Of Metro DenverGENERAL OPERATING FUND | Denver, CO | $5K | 2022 |
| Rural Community Food PantryGENERAL OPERATING FUND | Dyersville, IA | $5K | 2022 |
| The Carnegie Museum Foundation Of Jefferson CountyGENERAL OPERATING FUND | Fairfield, IA | $5K | 2022 |
| Eden Prairie Hockey AssociationGENERAL OPERATING FUND | Eden Prairie, MN | $5K | 2022 |
| Iowa City Community School District FoundationRENOVATING IOWA CITY HIGH SCHOOL GYMNASIUM | Iowa City, IA | $5K | 2022 |
| Natl Mississippi River Museum & AquariumGENERAL OPERATING FUND | Dubuque, IA | $5K | 2022 |
| Panira Healthcare Clinic IncTO EXPAND PANIRA FREE CLINIC | Naples, FL | $5K | 2022 |
| Arenaco CvbGENERAL OPERATING FUND | Coralville, IA | $5K | 2022 |
| Domestic Violence Intervention ProgramGENERAL OPERATING FUND | Iowa City, IA | $4K | 2022 |
| Friends Of The Willow River And Kinnickkinnic State ParkGENERAL OPERATING FUND | Hudson, WI | $4K | 2022 |
| Coralville Community Food PantryGENERAL OPERATING FUND | Coralville, IA | $4K | 2022 |
| Greater Burlington Area Sports FacilitiesGENERAL OPERATING FUND | Burlington, IA | $4K | 2022 |
| City Hope FoundationGENERAL OPERATING FUND | Burlington, IA | $4K | 2022 |
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