Iowa Health Care Association Foundation logo

Iowa Health Care Association Foundation

WEST DES MOINES, IA EIN: 42-1326564 Website

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

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

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

1states

States

Cities

ACKLEYADELAKRONALBIAALGONAALLISONALTOONAAMANAAMESANAMOSAANKENYAPLINGTONARMSTRONGASBURYATLANTICAUDUBONAURELIAAVOCABANCROFTBATTLE CREEK

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$5M$7M20202021202220232024
Metric202420232022
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

$0$2M$3M$5M$6M0 grants20200 grants20210 grants2022282 grants2023287 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BETHANY LUTHERAN HOME$46KALTOONA NURSING AND REHA…$35KCHAUTAUQUA GUEST HOME #3…$33KCHAUTAUQUA GUEST HOME #2…$27KAASE HAUGEN HOME$25KAZRIA HEALTH LONGVIEW$22KCAREAGE HILLS REHABILITA…$20KAZRIA HEALTH PARK PLACE$15KBETHANY LIFE$15KAZRIA HEALTH WINTERSET$15K

Grant Size Distribution

100 grants across all recorded years

94<$50K6$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
DAVE DIXONCHAIR2
ANNE PETERSVICE CHAIR2
DAVID CHENSVOLDTREASURER, SECRETARY2
LAVONNE EDWARDSDIRECTOR2
DIANA ROBERTSDIRECTOR2
WENDY NELSONDIRECTOR2
JESSICA MCDYERDIRECTOR2
DEBBIE KLATTDIRECTOR2
JEFFREY SCHMIDTDIRECTOR2
REBEKAH TJADENDIRECTOR2
BRIANNE FISTERDIRECTOR2
JOANIE STEILDIRECTOR2
BRENT WILLETTCEO, IHCA1

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 for

Related Funders

Similar funders by location and focus area

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

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