Iowa Corn Promotion Board
The Iowa Corn Promotion Board (ICPB) works to develop and defend markets, fund research, and provide education about corn and corn products. ICPB's mission is to create opportunities for long term Iowa corn grower profitability.
Iowa Corn Promotion Board at a glance
In short: Iowa Corn Promotion Board gave $23.7M across 1 grant in 2025 (avg $23.7M), mostly in Iowa. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $23,654,916
- -13.8% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $23,654,916
- -13.8% vs 2024
- Median grant
- $23,654,916
- Total assets
- $21,044,256
- -7.4% vs 2024
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Iowa Corn Promotion Board
Open Grants
3 open opportunities from Iowa Corn Promotion Board
Future of Agriculture Scholarship
Iowa Corn Promotion Board
Amount
$1,000 per year
Deadline
Deadline not published
Iowa Corn Collegiate Advisory Team (CAT)
Iowa Corn Promotion Board
Amount
Varies
Deadline
Deadline not published
Iowa Corn I-LEAD (Leadership Enhancement and Development)
Iowa Corn Promotion Board
Amount
Varies
Deadline
Deadline not published
Who Iowa Corn Promotion Board funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Iowa Corn Growers Association ($23.7M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Iowa Corn Promotion Board gives
- Giving held roughly steady from 2022 to 2025 (+19%). 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 2019 to 2025, annual grant giving ranged from $17.4M (2019) to $27.4M (2024). In 2025 it made 1 grant totaling $23.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Iowa Corn Growers Association Johnston, IA | Grant to carry out programs of the Iowa corn promotion board | $23,654,916 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $21,044,256 | $23,708,518 | $25,232,234 | $23,654,916 | 1 | $561,808 |
| 2024 | $22,730,958 | $22,905,648 | $28,982,840 | $27,439,493 | 1 | $797,883 |
| 2023 | $28,599,152 | $21,595,790 | $21,911,198 | $20,408,901 | 1 | $350,343 |
| 2022 | $28,871,996 | $24,524,776 | $21,195,043 | $19,873,589 | 1 | $2,034,903 |
| 2021 | $25,536,822 | $21,209,650 | $18,908,620 | $17,594,990 | 1 | $32,713 |
| 2020 | $23,359,548 | $22,013,466 | $18,564,664 | $17,439,221 | 1 | $58,118 |
| 2019 | $20,845,483 | $21,226,169 | $18,723,951 | $17,429,819 | 1 | $68,950 |
About Iowa Corn Promotion Board
Based on IRS filings
Iowa Corn Promotion Board is a public charity, based in Johnston, IA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $21.0M in total assets. In 2025, it awarded 1 grant totaling $23.7M. Net investment income was $562K.
Leadership & Key People
Officers and directors from IRS filings
Iowa Corn Promotion Board is led by Craig Floss, Chief Executive Officer on every filing since 2019; 13 of 15 officers listed in 2025 are compensated.
Officers on the 2025 filing
Craig Floss
Chief Executive Officer
On filings since 2019
40 hrs/week
$387K (2019) → $491K (2025)
Ralph Lents
President
Director → Vice President, 2024
Vice President → President, 2025
On filings since 2019
5 hrs/week
$2K (2019) → $7K (2025)
Stan Nelson
Chair
Vice President → President, 2024
President → Chair, 2025
On filings since 2019
5 hrs/week
$2K (2019) → $7K (2025)
Jerry Maier
Director
On filings since 2020
5 hrs/week
$2K (2020) → $300 (2025)
Chad Harms
Director
On filings since 2021
5 hrs/week
$2K (2022) → $800 (2025)
Ryan Steffensen
Director
On filings since 2022
5 hrs/week
$1K (2023) → $3K (2025)
Derek Kemper
Director
On filings since 2023
5 hrs/week
$300 (2023) → $600 (2025)
Paul Gieselman
Director
On filings since 2023
5 hrs/week
$400 (2023) → $4K (2025)
Darin Proffit
Director
On filings since 2024
5 hrs/week
$600 (2025)
Jason Orr
Director
On filings since 2024
5 hrs/week
$3K (2025)
Valerie Sanchez
Senior Director of Finance
On filings since 2024
40 hrs/week
$98K (2025)
Jerod Flaherty
Director
On filings since 2022
5 hrs/week
No compensation reported
Mikayla Colehour
Director
On filings since 2024
5 hrs/week
No compensation reported
Julie Kirby
Vice President of Finance
Director of Finance & Busi → Vice President of Finance & Ops, 2024
Vice President of Finance & Ops → Vice President of Finance, 2025
On filings since 2019
$186K (2019) → $153K (2025)
Joe Roberts
Vice President
Director → Vice President, 2025
On filings since 2023
5 hrs/week
$100 (2023) → $3K (2025)
Former officers (16)
- Former: Larry Buss (2019–2024) — Chair
- Former: Greg Alber (2019–2023) — Director
- Former: Kelly Nieuwenhuis (2019–2023) — Chair
- Former: Pete Brecht (2019–2023) — Director
- Former: Darla Recker (2021–2023) — Director · Filing note: From 8/2021
- Former: Roger Zylstra (2019–2022) — Director
- Former: Rod Pierce (2020–2022) — Director
- Former: Gary Petersohn (2019–2021) — Director
- Former: Wayne Humphreys (2019–2021) — Director
- Former: Derek Taylor (2020–2021) — Director · Filing note: Thru 6/2021
- Former: Mark Heckman (2019–2020) — Director
- Former: Bob Bowman (2019) — Director
- Former: Chris Edgington (2019) — Director
- Former: Duane Aistrope (2019) — Chair
- Former: Michael Fritch (2019) — Director
- Former: Tom Renner (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $491K, to Craig Floss (Chief Executive Officer). 13 officers or directors reported compensation on that filing.
Frequently asked questions about Iowa Corn Promotion Board
How much does Iowa Corn Promotion Board give each year?
Iowa Corn Promotion Board gave $23.7M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $27.4M across 1 grant.
How large is Iowa Corn Promotion Board?
Iowa Corn Promotion Board reported $21.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $23.7M.
Where does Iowa Corn Promotion Board operate?
Iowa Corn Promotion Board has awarded grants in Iowa.
What is Iowa Corn Promotion Board's EIN?
Iowa Corn Promotion Board's EIN (Employer Identification Number) is 42-1113939. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS June 4, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS March 26, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 24, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS March 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 18, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 1, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS March 4, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in Iowa Corn Promotion Board's focus areas in our free grants database
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Iowa Corn Promotion Board down — hundreds of funders to go?