Hills Bank Donor Advised Gift Fund
Hills Bank Donor Advised Gift Fund is a public charity based in North Liberty, Iowa. It makes cash grants to organizations that are tax-exempt under Section 501(c)(3) and are not private foundations under Section 509.
Hills Bank Donor Advised Gift Fund at a glance
In short: Hills Bank Donor Advised Gift Fund gave $5.5M across 105 grants in 2024 (avg $52K), top state Iowa. 26% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $5,485,651
- -6.2% vs 2023
- Grants made (2024)
- 105
- +0.0% vs 2023
- Average grant
- $52,244
- -6.2% vs 2023
- Median grant
- $15,000
- Total assets
- $25,102,721
- +23.2% vs 2023
- New grantees (estimate)
- 26% first-time grantees (27 of 105, 2024)
- Primary geography
- Iowa (42% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Hills Bank Donor Advised Gift Fund
- Contact
Mailing address: 590 West Forevergreen Road, North Liberty, IA 52317-8507
Phone: (319) 338-1522
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Hills Bank Donor Advised Gift Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Avant Ministries ($407K). Together the top 10 received $2.9M.
Grant Size Distribution
420 grants across all recorded years
The most common grant size was under $50K: 341 grants of 420 (81%).
Geographic Focus
Where this funder awards grants
In 2024, Iowa recipients received 42% of grant dollars. Missouri, Louisiana, and California each received 7%, and Michigan received 6%. The fund’s 2024 grant list also includes recipients in other states.
Grant Distribution by State
Share of 2024 grant dollars across all 105 itemized grants.
States
Cities
Is Hills Bank Donor Advised Gift Fund open to new grantees?
26%
first-time grantees, 2024
In 2024, 27 of 105 grantees (26%) were first-time recipients. First grants averaged $43K; repeat grants $55K. How we count
Medians: $10K first-time, $16K repeat.
Estimate from itemized grant lists in IRS Form 990 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 $3.2M (2022) to $5.8M (2023). In 2024 it made 105 grants totaling $5.5M.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Avant Ministries Kansas City, MO | General support | $407,200 |
| Emmaus Bible College Dubuque, IA | General support | $375,000 |
| Revive Our Hearts Niles, MI | General support | $350,000 |
| Turning Point Ministries San Diego, CA | General support | $310,000 |
| Samaritan's Purse Boone, NC | General support | $262,000 |
| Iowa City Public Library Friends Foundatio Iowa City, IA | General support | $250,000 |
| Living on the Edge Suwanee, GA | General support | $250,000 |
| Isaac Newton Christian Academy Cedar Rapids, IA | General support | $240,950 |
| Episcopal Day School Lake Charles, LA | General support | $205,000 |
| Good Shepherd Episcopal Church Lake Charles, LA | General support | $200,000 |
Ready to take the next step with Hills Bank Donor Advised Gift Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $25,102,721 | $10,952,068 | $6,231,882 | $5,485,651 | 105 | $902,469 |
| 2023 | $20,382,535 | $8,815,616 | $6,612,980 | $5,846,555 | 105 | $1,099,261 |
| 2022 | $18,179,899 | $8,174,853 | $3,359,560 | $3,249,342 | Total only | $220,115 |
| 2021 | $13,364,606 | $6,107,675 | $5,102,581 | $4,543,662 | 117 | $656,982 |
| 2020 | $12,359,512 | $4,194,166 | $4,402,176 | $3,852,196 | 93 | $538,384 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The fund’s stated mission is to make cash grants to organizations exempt under Section 501(c)(3) that are not private foundations under Section 509. Its 2024 filing says grants are made in cash for general support, and that recipients are identified by contributors. The fund verifies recipients’ tax-exempt status and that they are not private foundations before disbursing grants.
The grantees represented in the 2024 grant list include educational, religious, and charitable organizations. For example, Emmaus Bible College describes its mission as educating and equipping learners to serve in their ministries, professions, and communities. Samaritan’s Purse describes its work as providing spiritual and physical aid to people affected by war, poverty, disasters, disease, and famine. The Iowa City Public Library Friends Foundation says it strengthens the library through fundraising, advocacy, and promotion of its resources.
Grantmaking
In 2024, the fund reported 105 grants totaling $5,485,651. Grant amounts ranged from $5,380 to $407,200, with a median grant of $15,000. The fund’s filing narrative also states that it made grants to more than 400 separate charitable organizations.
Among the largest reported 2024 grants were $407,200 to Avant Ministries, $375,000 to Emmaus Bible College, $350,000 to Revive Our Hearts, $310,000 to Turning Point Ministries, and $262,000 to Samaritan’s Purse. The filing lists these grants as general support.
Leadership & Key People
Leadership team and compensation from IRS filings
Hills Bank & Trust Company acts as sole trustee. The fund’s filing states that senior officers Lisa Shileny and Jeffrey Ritchie make decisions for the trustee. Two senior officers of the trustee review and examine the Form 990 before it is signed.
Hills Bank Donor Advised Gift Fund is led by Lisa Shileny, President of Trustee on every filing since 2022; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lisa Shileny
President of Trustee
On filings since 2022
2 hrs/week
No compensation reported
Jeffrey Ritchie
Senior V.p. & Trust Officer of
Senior V.p. & Trust Officer → Senior V.p. & Trust Officer of Trustee, 2022
Senior V.p. & Trust Officer of Trustee → Senior V.p. & Trust Officer of, 2023
On filings since 2020
2 hrs/week
No compensation reported
Former officers (1)
- Former: Dwight O Seegmiller (2020–2021) — President of Trustee
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 Bank Donor Advised Gift Fund
How much does Hills Bank Donor Advised Gift Fund give each year?
Hills Bank Donor Advised Gift Fund gave $5.5M across 105 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $5.8M across 105 grants.
What is Hills Bank Donor Advised Gift Fund's typical grant size?
Hills Bank Donor Advised Gift Fund's median grant in 2024 was $15,000, and its average grant was $52,244, across 105 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Hills Bank Donor Advised Gift Fund that year got $43K on average.
Where does Hills Bank Donor Advised Gift Fund give grants?
Hills Bank Donor Advised Gift Fund's top state is Iowa, with 42% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Missouri (7%) and Louisiana (7%). The most frequent recipient cities were Iowa City, IA (16 grants), Cedar Rapids, IA (12 grants), Marion, IA (4 grants) and Kalona, IA (3 grants).
Does Hills Bank Donor Advised Gift Fund give general operating support?
Yes: 100% of Hills Bank Donor Advised Gift Fund's 2024 grants with a stated purpose (105 of 105) were for general or operating support, per its 2024 IRS Form 990.
Who are Hills Bank Donor Advised Gift Fund's largest grantees?
Hills Bank Donor Advised Gift Fund's largest 2024 grantees include Avant Ministries ($407,200), Emmaus Bible College ($375,000) and Revive Our Hearts ($350,000), according to its 2024 IRS Form 990. Together they received 21% of its itemized 2024 grant dollars.
How large is Hills Bank Donor Advised Gift Fund?
Hills Bank Donor Advised Gift Fund reported $25.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $11.0M.
What does Hills Bank Donor Advised Gift Fund fund?
The fund’s stated mission is to make cash grants to organizations exempt under Section 501(c)(3) that are not private foundations under Section 509. Its 2024 filing says grants are made in cash for general support, and that recipients are identified by contributors. See mission & focus areas ↑
How do I apply for a grant from Hills Bank Donor Advised Gift Fund?
Hills Bank Donor Advised Gift Fund has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Hills Bank Donor Advised Gift Fund's EIN?
Hills Bank Donor Advised Gift Fund's EIN (Employer Identification Number) is 39-6659806. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 20, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 27, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 16, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Hills Bank Donor Advised Gift Fund funds
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Cite this profile
Grantable. (2026). Hills Bank Donor Advised Gift Fund funder profile. GrantGraph. Retrieved October 20, 2026, from https://grantable.co/funders/hills-bank-donor-advised-gift-fund-morg_20541772f13941d0bc531380941edb7e
BibTeX
@misc{grantable_396659806_2026,
author = {{Grantable}},
title = {{Hills Bank Donor Advised Gift Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/hills-bank-donor-advised-gift-fund-morg_20541772f13941d0bc531380941edb7e},
note = {Accessed 2026-10-20. 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 Bank Donor Advised Gift Fund'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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