Iowa Area Development Group Community Foundation
The mission of the Iowa Area Development Group Community Foundation is to foster economic development and community betterment by providing public policy research and promotion; education and training; and community based and guided philanthropy.
Iowa Area Development Group Community Foundation at a glance
In short: Iowa Area Development Group Community Foundation gave $55K across 3 grants in 2024 (avg $18K), mostly in Iowa. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $55,000
- +0.0% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $18,333
- +0.0% vs 2023
- Median grant
- $10,000
- Total assets
- $3,310,882
- +9.3% vs 2023
- Primary geography
- Iowa (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Iowa Area Development Group Community Foundation
Open Grants
1 open opportunity from Iowa Area Development Group Community Foundation
Who Iowa Area Development Group Community Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Community Foundation of Greater Des Moines ($35K). Together the top 3 received $55K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Iowa Area Development Group Community Foundation gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $40K (2020) to $55K (2024). In 2024 it made 3 grants totaling $55K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Foundation of Greater Des Moines Des Moines, IA | Assistance with Staffing Support for Iowa Can Affiliates | $35,000 |
| Hancock County Foundation (Co Comm Fdn GTR Des Moines) Des Moines, IA | Rural Affiliate Capacity Building Program | $10,000 |
| Keokuk County Community Endowment Foundation Sigourney, IA | Rural Affiliate Capacity Building Program | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $3,310,882 | $398,999 | $258,184 | $55,000 | 3 | $173,513 |
| 2023 | $3,027,941 | $293,982 | $78,444 | $55,000 | 3 | $93,206 |
| 2022 | $2,528,381 | $283,671 | $56,454 | $40,000 | 2 | $78,910 |
| 2021 | $2,684,124 | $380,383 | $82,030 | $55,000 | 3 | $181,853 |
| 2020 | $2,233,218 | $217,531 | $61,313 | $40,000 | 2 | $56,094 |
About Iowa Area Development Group Community Foundation
Based on IRS filings
Iowa Area Development Group Community Foundation is a public charity, based in Des Moines, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 3 grants totaling $55K. Net investment income was $174K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Iowa Area Development Group Community Foundation is led by Bruce Nuzum, CEO since 2024 (on filings since 2020); none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Bruce Nuzum
CEO
Treasurer → CEO, Secretary & Treasurer, 2022
CEO, Secretary & Treasurer → CEO, 2024
On filings since 2020
20 hrs/week
No compensation reported
Douglas H. Aeilts
President
On filings since 2020
No compensation reported
David Onken
Director
On filings since 2020
No compensation reported
Ron Steinhoff
Director
On filings since 2022
No compensation reported
Norm Major
Director
New on the 2024 filing
No compensation reported
Matt Washburn
Secretary & Treasurer
Director → Secretary & Treasurer, 2024
On filings since 2020
No compensation reported
Jacob Olberding
Vice President
New on the 2024 filing
No compensation reported
Former officers (6)
- Former: Bill Cherrier (2020–2023) — Director
- Former: Ken Kuyper (2020–2023) — Vice President
- Former: Marvin Newton (2020–2023) — Director
- Former: Paul Heineman (2020–2023) — Director
- Former: Rand Fisher (2020–2022) — Former CEO
- Former: Bill Farmer (2020–2021) — Director
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 Iowa Area Development Group Community Foundation
How much does Iowa Area Development Group Community Foundation give each year?
Iowa Area Development Group Community Foundation gave $55K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $55K across 3 grants.
What is Iowa Area Development Group Community Foundation's typical grant size?
Iowa Area Development Group Community Foundation's median grant in 2024 was $10,000, and its average grant was $18,333, across 3 grants on its 2024 IRS Form 990.
Where does Iowa Area Development Group Community Foundation give grants?
Iowa Area Development Group Community Foundation gives mostly in Iowa: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Des Moines, IA (2 grants).
Does Iowa Area Development Group Community Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Iowa Area Development Group Community Foundation's 2024 IRS Form 990 were described as general or operating support.
How large is Iowa Area Development Group Community Foundation?
Iowa Area Development Group Community Foundation reported $3.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $399K.
What is Iowa Area Development Group Community Foundation's EIN?
Iowa Area Development Group Community Foundation's EIN (Employer Identification Number) is 83-0361044. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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 Iowa Area Development Group Community Foundation funds
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