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South Story Bank Charitable Foundation is a private corporation based in HUXLEY, IA. The foundation received its IRS ruling in 2016. It holds total assets of $97K. Annual income is reported at $48K. Total assets have grown from $8K in 2019 to $97K in 2024. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2024. Grantmaking is concentrated in Iowa. According to available records, South Story Bank Charitable Foundation has made 86 grants totaling $177K, with a median grant of $500. Annual giving has grown from $23K in 2020 to $47K in 2023. Grantmaking activity was highest in 2022 with $90K distributed across 22 grants. Individual grants have ranged from N/A to $28K, with an average award of $2K. The foundation has supported 58 unique organizations. The foundation primarily supports organizations in Iowa, Minnesota, Texas, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$425
Average Grant
$893
Largest Grant
$3K
Based on 26 grants from the most recent 990-PF filing.
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.
South Story Bank Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 86 grants. Its grantmaking reaches organizations primarily in IA, MN, TX.
South Story Bank Charitable Foundation has distributed a total of $177K across 86 grants. The median grant size is $500, with an average of $2K. Individual grants have ranged from N/A to $28K.
The application deadline is NONE.. Must be to charitable, religious, literary, educational or other worthy institutions or organizations.
South Story Bank Charitable Foundation is headquartered in HUXLEY, IA. While based in IA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steve Simon | President & Director | $0 | $0 | N/A |
| Darrell Hughes | Secretary & Director | $0 | $0 | N/A |
| Matt Schmaltz | Director | $0 | $0 | N/A |
| Shane Netherton | Director | $0 | $0 | N/A |
| Kenneth Lund | Director | $0 | $0 | N/A |
| Suzanne Askelsen | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$97K
Fair Market Value
N/A
Net Worth
$97K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
86
Total Giving
$177K
Average Grant
$2K
Median Grant
$500
Unique Recipients
58
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United Way Of Story CountyGeneral Operations | Ames, IA | $15K | 2023 |
| Michael Henter FoundationGeneral Operations | Clive, IA | $5K | 2023 |
| Habitat For HumanityGeneral Operations | Ames, IA | $4K | 2023 |
| Beauty Amidst The AshesGeneral Operations | Newell, IA | $4K | 2023 |
| Pinky Swear FoundationGeneral Operations | Edina, MN | $3K | 2023 |
| Childserve FoundationGeneral Operations | Ames, IA | $3K | 2023 |
| Big Brothers Big Sisters Of Central IowaGeneral Operations | Clive, IA | $3K | 2023 |
| Nevada Parks And Recreation DepartmentGeneral Operations | Nevada, IA | $3K | 2023 |
| Boys & Girls Club Of Story CountyGeneral Operations | Ames, IA | $3K | 2023 |
| Wildwood Hills Ranch Of IowaGeneral Operations | St Charles, IA | $1K | 2023 |
| Deb And Jeff Hansen FoundationGeneral Operations | West Des Moines, IA | $1K | 2023 |
| Mary Greeley FoundationGeneral Operations | Ames, IA | $1K | 2023 |
| Ballard Wishing TreeGeneral Operations | Huxley, IA | $625 | 2023 |
| Timber Creek CharitiesGeneral Operations | Guthrie Center, IA | $500 | 2023 |
| Buena Vista UniversityGeneral Operations | Storm Lake, IA | $500 | 2023 |
| Best Buddies Of IowaGeneral Operations | Windsor Heights, IA | $500 | 2023 |
| Ballard Education FoundationGeneral Operations | Huxley, IA | $500 | 2023 |
| Ankeny Csd Southview Middle School Show ChoirGeneral Operations | Ankeny, IA | $150 | 2023 |
| Plates And Cakes For CarlyEmergency Assistance | Nevada, IA | $125 | 2023 |
| Jdrf InternationalGeneral Operations | New York, NY | $105 | 2023 |
| Ahc FoundationGeneral Operations | Altoona, IA | $100 | 2023 |
| Nevada Fire FightersGeneral Operations | Nevada, IA | N/A | 2023 |
| Story County Community FoundationGeneral Operations | Des Moines, IA | $3K | 2022 |
| Nevada FoundationGeneral Operations | Nevada, IA | $3K | 2022 |
| Bethlehem Lutheran ChurchGeneral Operations | Slater, IA | $500 | 2022 |
| Boys & Girls Club Of Story County - Jeans DayGeneral Operations | Ames, IA | $3K | 2021 |
| Meals Of The HeartlandGeneral Operations | West Des Moines, IA | $3K | 2021 |
| Food Bank Of IowaGeneral Operations | Des Moines, IA | $3K | 2021 |
| Greater Des Moines Habitat For Humanity IncGeneral Operations | Des Moines, IA | $360 | 2021 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA