Iowa Health Care Association Foundation
The Iowa Health Care Association Foundation is a 501(c)(3) nonprofit organization based in West Des Moines, Iowa. Established in 1989, it operates as a subordinate organization under the Iowa Health Care Association (IHCA). The foundation provides scholarships and financial support to employees of member facilities within the long-term care sector, with a focus on advancing healthcare education and workforce development.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$321K
-31.0% YoY
Annual Giving
$4.1M
-32.7% YoY
Grant Count
287
+1.8% YoY
Avg Grant Size
$14K
-33.9% YoY
Mission & Focus Areas
Mission: To provide scholarships for the employees of member facilities of the Iowa Health Care Association who are furthering their health care education.
Primary Program Areas:
- Scholarship programs for long-term care employees and high school seniors pursuing healthcare education
- Long-term care workforce development and infection control initiatives
- COVID-19 relief programs for member facilities
Grantmaking
The foundation distributes grants primarily to member facilities and individuals within the long-term care network. Recent grant activity includes:
Grant Range
** Typical awards range from $5,012 to $77,228
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated in Iowa, with a particular emphasis on supporting member facilities of the Iowa Health Care Association throughout the state.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024):
- Total Assets: $321,134
- Total Revenue: $5.28 million
- Total Expenses: $5.42 million
- Total Liabilities: $20,000
- Total Giving: $5,399,545
Prior Year Data (2023):
- Total Assets: $465,201
- Total Revenue: $6,506,037
- Total Expenses: $6,280,858
Financial Status: The organization's 2024 audit identified material noncompliance and a material weakness in internal controls related to failure to follow established requirements and deficiencies in internal financial or governance controls.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $321,134 | $465,201 | $232,542 |
| Revenue | $5,280,910 | $6,506,037 | $216,644 |
| Expenses | $5,424,889 | $6,280,858 | $220,502 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $12,203 | $10,721 | $516 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
100 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Principal Officer: Brent Willett (also serves as President and Chief Executive Officer of the parent Iowa Health Care Association)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVE DIXON | CHAIR | 2 | — |
| ANNE PETERS | VICE CHAIR | 2 | — |
| DAVID CHENSVOLD | TREASURER, SECRETARY | 2 | — |
| LAVONNE EDWARDS | DIRECTOR | 2 | — |
| DIANA ROBERTS | DIRECTOR | 2 | — |
| WENDY NELSON | DIRECTOR | 2 | — |
| JESSICA MCDYER | DIRECTOR | 2 | — |
| DEBBIE KLATT | DIRECTOR | 2 | — |
| JEFFREY SCHMIDT | DIRECTOR | 2 | — |
| REBEKAH TJADEN | DIRECTOR | 2 | — |
| BRIANNE FISTER | DIRECTOR | 2 | — |
| JOANIE STEIL | DIRECTOR | 2 | — |
| BRENT WILLETT | CEO, IHCA | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation continues to actively award scholarships to support healthcare workforce development. Recent announcements indicate the foundation is awarding more than $100,000 in health care scholarships for both long-term care employees and high school seniors pursuing healthcare education. The foundation maintains multiple scholarship programs, including the Care Initiatives New DON (Director of Nursing) Scholarship, demonstrating ongoing commitment to workforce development in the long-term care sector.
IHCA Foundation to award more than $100,000 in health care scholarships forRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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