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Waverly Community Foundation is a private trust based in WAVERLY, IA. The foundation received its IRS ruling in 1967. The principal officer is State Bank & Trust Company. It holds total assets of $2.5M. Annual income is reported at $69K. Total assets have grown from $1.8M in 2011 to $2.5M in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Waverly Community Foundation has made 8 grants totaling $403K, with a median grant of $54K. Annual giving has grown from $76K in 2020 to $108K in 2023. Grantmaking activity was highest in 2022 with $128K distributed across 2 grants. Individual grants have ranged from $23K to $65K, with an average award of $50K. 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.
Waverly Community Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in IA.
Waverly Community Foundation has distributed a total of $403K across 8 grants. The median grant size is $54K, with an average of $50K. Individual grants have ranged from $23K to $65K.
Waverly Community Foundation typically selects its grantees rather than accepting unsolicited proposals.
Waverly Community Foundation is headquartered in WAVERLY, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fidelity Bank And Trust | TRUSTEE | $21K | $0 | $21K |
Total Giving
$135K
Total Assets
$2.5M
Fair Market Value
$2.5M
Net Worth
$2.5M
Grants Paid
$108K
Contributions
N/A
Net Investment Income
$38K
Distribution Amount
$119K
Total Grants
8
Total Giving
$403K
Average Grant
$50K
Median Grant
$54K
Unique Recipients
2
Most Common Grant
$65K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ScholarshipsEDUCATION | Waverly, IA | $52K | 2023 |
| Senior Care CentersHUMAN SERVICES | Waverly, IA | $56K | 2023 |