Home State Bank Charitable Foundation

JEFFERSON, IA EIN: 42-1378344

Home State Bank Charitable Foundation is a corporate foundation based in Jefferson, Iowa. Established in February 1992, it operates as a 501(c)(3) tax-exempt organization with no employees. The foundation is affiliated with Home State Bank and focuses on charitable giving within its region.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$103K

-14.3% YoY

Grant Count

39

-11.4% YoY

Avg Grant Size

$3K

-3.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports organizations involved with:

  • Education
  • Media
  • Historic preservation
  • Disability services
  • Community development
  • Christianity

Grantmaking

Applications should be addressed in writing to:

Grant Range

$1,000–$2,000

Review Cycle

. The foundation accepts applications.

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Iowa (primary focus, particularly Greene County)
  • Illinois
  • West Virginia

Grant Distribution by State

8states

Cities

AdelAmesBooneBridgewaterBuckhannonCARROLLCHURDANCarrollCedar FallsChurdanColorado SpringsCoon RapidsDES MOINESDallasDes MoinesEverlyFort DodgeGRAND JUNCTIONGrand JunctionGuthrie Center

Financial History

Multi-year comparison from IRS filings

Most Recent (2024):

  • Total assets: $244,382
  • Total revenues: $122,365
  • Total expenses: $103,148
  • Total grants/contributions received: $120,000
  • Investment income and dividends: $2,365
  • Liabilities: $0
  • Giving rate: 50.5% of assets

Historical Assets:

  • 2023: $225,000
  • 2022: $224,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$41K$82K$123K$164K37 grants201933 grants202039 grants202149 grants202244 grants202339 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Jefferson Matters$24KGreene County Early Lear…$21KGreen County Christian A…$8KMidwest Missions Distrib…$6KIowa Natural Heritage Fo…$5KCommunity Foundation of …$5KGreen County Educational…$5KThe Bridge Home$3K144 CHI$3KNorth Polk Community Sch…$3K

Grant Size Distribution

204 grants across all recorded years

204<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jefferson Matters ($24,000), Greene County Early Learning Center ($21,000), Green County Christian Action Resource Center ($7,850).

RecipientPurposeAmount
144 CHI Grand Junction, IAGeneral Operations$2,500
Abundant Life Ministries Jefferson, IAGeneral Operations$1,000
American Heart Association Dallas, TXGeneral Operations$100
Green County Educational Foundation Jefferson, IABOOST$4,750
Central Christian Church Jefferson, IAGeneral Operations$50
Clay County Community Foundation Spencer, IAGeneral Operations$1,000
Compassion International Colorado Springs, COGeneral Operations$1,000
Council of Government Housing Inc Carroll, IAGeneral Operations$500
Des Moines Performing Arts - Ants Des Moines, IAGeneral Operations$250
First United Methodist Church Jefferson, IAGeneral Operations$1,604

Leadership & Key People

Leadership team and compensation from IRS filings

  • Douglas McDermott (Director)
  • Scott Sievers (Director)
  • Wayne Seaman (Director)
  • Sid Jones (Contact person)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Bob AllenPresident and Director1
Elizabeth GarstVice President and Director0.1
Sid JonesDirector0.1
Christopher DealDirector0.1
Jamie DaubendiekDirector0.1
Susan TronchettiDirector0.1
Keith BormannDirector0.1
Reuben GarstDirector0.1

Contact Information

Address: 115 West State Street Jefferson, IA 50129

Phone: 515-386-2131

Website: www.homestatebank.com

Frequently Asked Questions

What does Home State Bank Charitable Foundation fund?

The foundation supports organizations involved with: • Education • Media • Historic preservation • Disability services • Community development • Christianity

How do I apply for a grant from Home State Bank Charitable Foundation?

**Grant Activity:** • Total giving in 2024: $103,124 • Total giving in 2023: $113,710 • Number of grants (2023): 27 grants • Median grant size: $1,000–$2,000 • Grant range: $50–$26,000 **Recent Grants (2024):** • Jefferson Matters Main Street: $24,000 (General Operations) • Greene County Early Learning Center: $21,000 (General Operations) • Greene County Christian Action Resource Center: $7,850 (General Operations) **Application Process:** Applications should be addressed in writing to: • Sid J…

Where does Home State Bank Charitable Foundation make grants?

The foundation primarily funds organizations in: • Iowa (primary focus, particularly Greene County) • Illinois • West Virginia

What size grants does Home State Bank Charitable Foundation award?

In 2024, Home State Bank Charitable Foundation awarded 39 grants totaling $103K — an average of about $3K per grant, based on its IRS Form 990 filings.

What is Home State Bank Charitable Foundation's EIN?

Home State Bank Charitable Foundation's EIN (Employer Identification Number) is 42-1378344. IRS Form 990 filing data is available on this page for 2019–2024.

Explore Open Grants

Browse active grant opportunities in Home State Bank Charitable Foundation's focus areas in our free grants database

Related Funders

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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