Hills Bancorporation Foundation
Hills Bancorporation Foundation is a private foundation based in Hills, Iowa. In 2024, it gave $121,500 through 17 grants, all to recipients in Iowa.
Hills Bancorporation Foundation at a glance
In short: Hills Bancorporation Foundation gave $122K across 17 grants in 2024 (avg $7K), mostly in Iowa. 29% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $121,500
- +14.1% vs 2023
- Grants made (2024)
- 17
- -22.7% vs 2023
- Average grant
- $7,147
- +47.6% vs 2023
- Median grant
- $5,000
- Total assets
- $2,539,091
- +6.7% vs 2023
- New grantees (estimate)
- 29% first-time grantees (5 of 17, 2024; small sample)
- Primary geography
- Iowa (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Hills Bancorporation Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 131 Main St, Hills, IA 52235-0160
Phone: (319) 679-2291
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Hills Bancorporation Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Cedar Rapids Community School Foundation ($25K). Together the top 10 received $93K.
Organizations only. It also paid 1 individual scholarship ($5,000), which are not listed by name.
Grant Size Distribution
94 grants across all recorded years
The most common grant size was under $50K: 94 grants of 94 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars in 2024 went to recipients in Iowa.
Grant Distribution by State
Share of 2024 grant dollars across all 17 itemized grants.
States
Cities
Is Hills Bancorporation Foundation open to new grantees?
29%
first-time grantees, 2024
In 2024, 5 of 17 grantees (29%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $7K; repeat grants $7K. How we count
Medians: $8K first-time, $5K repeat.
- 59% of 2024 grantees were also funded in 2023. Method
- Giving grew 21% from 2021 to 2024. Method
- In 2024 it paid out 101% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $100K (2021) to $122K (2024). In 2024 it made 17 grants totaling $122K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cedar Rapids Community School Foundation Cedar Rapids, IA | 2025 Safe Initiative | $25,000 |
| The History Center Cedar Rapids, IA | 2024-2025 Educational Scholarship Fund | $12,000 |
| The Iowa City Bike Library Iowa City, IA | Program Support | $10,000 |
| Boys & Girls Club of the Cooridor Cedar Rapids, IA | Program Support for Field Trips | $8,000 |
| Boy Scouts of America Hawkeye Area Council Cedar Rapids, IA | 2025 Programming | $7,500 |
| Filmscene Iowa City, IA | 2024 Summer Animation Camps | $7,500 |
| Girl Scouts of Eastern Iowa & Western Illinois Bettendorf, IA | 2025 Cookies & Flights Events | $7,500 |
| Backyard Abundance Iowa City, IA | 2024 Outdoor Community Programming | $5,000 |
| 1 individual scholarship Recipients not named | — | $5,000 |
| Ic Public Library Friends Foundation Iowa City, IA | Partner of the Month | $5,000 |
Ready to take the next step with Hills Bancorporation Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,539,091 | $199,596 | $129,281 | $121,500 | 17 | $123,412 | $197,684 | $121,804 |
| 2023 | $2,378,672 | $116,994 | $109,150 | $106,500 | 22 | $107,825 | $115,669 | $110,565 |
| 2022 | $2,103,930 | $72,925 | $122,772 | $118,100 | 19 | $119,350 | $69,503 | $113,641 |
| 2021 | $2,650,781 | $146,865 | $102,800 | $100,300 | 17 | $101,550 | $145,615 | $119,527 |
| 2020 | $2,378,487 | $96,694 | $106,300 | $103,800 | 19 | — | $95,444 | $102,653 |
Under IRS private-foundation payout rules, Hills Bancorporation Foundation reported a distributable amount of $122K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for scholarships, educational and youth programming, community programs, and a capital campaign. Among its grantees, FilmScene describes its mission as challenging, inspiring, educating, and entertaining communities through shared discovery of film. An individual recipient Arts Academy describes its work as enhancing the lives of youth and others in the community through arts and music.
Grantmaking
In 2024, the foundation made 17 grants totaling $121,500. Grants ranged from $3,000 to $25,000, with a median of $5,000. Notable awards included $25,000 to Cedar Rapids Community School Foundation for the 2025 SAFE Initiative, $12,000 to The History Center for its 2024–2025 Educational Scholarship Fund, and $10,000 to The Iowa City Bike Library for program support. Other recipients included FilmScene ($7,500 for 2024 summer animation camps), an individual recipient Arts Academy ($5,000 for a 2025 scholarship fund), and Heartland Youth for Christ Inc ($3,000). Heartland Youth for Christ describes its work as providing youth ministry programs, community events, projects, and activities in the Cedar Rapids metro area and surrounding communities.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Dwight O Seegmiller as president; Brian Globokar as vice president; Tony Roetlin as treasurer; and Lisa Shileny as secretary. Directors listed are Willis M Bywater, Thomas J Gill, Theodore H Pacha, Ann M Rhodes, and Ronald E Stutsman.
Hills Bancorporation Foundation is led by Dwight O. Seegmiller, President on every filing since 2020; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Dwight O. Seegmiller
President
On filings since 2020
1 hr/week
No compensation reported
Ann M. Rhodes
Director
On filings since 2020
1 hr/week
No compensation reported
Ronald E. Stutsman
Director
On filings since 2020
1 hr/week
No compensation reported
Thomas J. Gill
Director
On filings since 2020
1 hr/week
No compensation reported
Willis M. Bywater
Director
On filings since 2020
1 hr/week
No compensation reported
Theodore H. Pacha
Director
On filings since 2021
1 hr/week
No compensation reported
Brian Globokar
Vice President
On filings since 2020
1 hr/week
No compensation reported
Lisa Shileny
Secretary
On filings since 2020
1 hr/week
No compensation reported
Tony Roetlin
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (5)
- Former: Jason Weeks (2020–2023) — Interim Treasurer
- Former: Joe Schueller (2021–2022) — Treasurer
- Former: Brad Zuber (2020) — Vice President
- Former: Shari Demaris (2020) — Treasurer
- Former: Tim Smith (2020) — Vice President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Hills Bancorporation Foundation
How much does Hills Bancorporation Foundation give each year?
Hills Bancorporation Foundation gave $122K across 17 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $107K across 22 grants.
What is Hills Bancorporation Foundation's typical grant size?
Hills Bancorporation Foundation's median grant in 2024 was $5,000, and its average grant was $7,147, across 17 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Hills Bancorporation Foundation that year got $7K on average.
Where does Hills Bancorporation Foundation give grants?
Hills Bancorporation Foundation gives mostly in Iowa: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Iowa City, IA (7 grants) and Cedar Rapids, IA (5 grants).
Does Hills Bancorporation Foundation give general operating support?
Not in 2024: none of the 17 grants with a stated purpose on Hills Bancorporation Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are Hills Bancorporation Foundation's largest grantees?
Hills Bancorporation Foundation's largest 2024 grantees include Cedar Rapids Community School Foundation ($25,000), The History Center ($12,000) and The Iowa City Bike Library ($10,000), according to its 2024 IRS Form 990-PF. It also paid 1 individual scholarship ($5,000), which are not listed by name. Together they received 39% of its itemized 2024 grant dollars.
How large is Hills Bancorporation Foundation?
Hills Bancorporation Foundation reported $2.5M in total assets on its 2024 IRS Form 990-PF. It paid out $123K in qualifying distributions that year, against a required minimum of $122K (roughly 5% of its investment assets).
What does Hills Bancorporation Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included support for scholarships, educational and youth programming, community programs, and a capital campaign. See mission & focus areas ↑
How do I apply for a grant from Hills Bancorporation Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Hills Bancorporation Foundation's EIN?
Hills Bancorporation Foundation's EIN (Employer Identification Number) is 39-1890766. IRS Form 990 filing data is available on this page for 2020–2024.
Does Hills Bancorporation Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Hills Bancorporation Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Hills Bancorporation Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Hills Bancorporation Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/hills-bancorporation-foundation-morg_571e5d7f02d54492b1595789cc2f51ae
BibTeX
@misc{grantable_391890766_2026,
author = {{Grantable}},
title = {{Hills Bancorporation Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/hills-bancorporation-foundation-morg_571e5d7f02d54492b1595789cc2f51ae},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Hills Bancorporation Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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