Iowa Savings Bank Charitable Foundation
IOWA SAVINGS BANK CHARITABLE FOUNDATION is a private foundation based in Carroll, Iowa. It provides monetary awards for charitable, literary, educational, and other worthy institutional needs.
Key facts about Iowa Savings Bank Charitable Foundation
In short: Iowa Savings Bank Charitable Foundation gave $29K across 46 grants in 2025 (avg $628.37), mostly in Iowa. 30% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 42-1329826
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $28,905
- Grants made (2025)
- 46
- Average grant
- $628
- Median grant
- $250
- New grantees (estimate)
- 30% first-time grantees (14 of 46, 2025)
- Primary geography
- Iowa (98% of itemized 2025 grant dollars)
- How to apply
- Submit a written request to Bill Hess with a brief explanation of the purpose or need. Full details ↓
- Deadline
- None.
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Quick answers about Iowa Savings Bank Charitable Foundation
How much does Iowa Savings Bank Charitable Foundation give each year?
Iowa Savings Bank Charitable Foundation gave $29K across 46 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $50K across 44 grants.
What is Iowa Savings Bank Charitable Foundation's typical grant size?
Iowa Savings Bank Charitable Foundation's median grant in 2025 was $250, and its average grant was $628, across 46 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Iowa Savings Bank Charitable Foundation that year got $681 on average.
Where does Iowa Savings Bank Charitable Foundation give grants?
Iowa Savings Bank Charitable Foundation gives mostly in Iowa: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Carroll, IA (16 grants), Coon Rapids, IA (6 grants), Glidden, IA (5 grants) and Lake City, IA (3 grants).
Does Iowa Savings Bank Charitable Foundation give general operating support?
Yes: 100% of Iowa Savings Bank Charitable Foundation's 2025 grants with a stated purpose (46 of 46) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Iowa Savings Bank Charitable Foundation's largest grantees?
Iowa Savings Bank Charitable Foundation's largest 2025 grantees include World Food Prize Foundation ($7,500), Endow Glidden ($5,000) and 25 Chi (Corridor Housing Initiative) ($2,500), according to its 2025 IRS Form 990-PF. Together they received 52% of its itemized 2025 grant dollars.
Is Iowa Savings Bank Charitable Foundation open to new grantees?
30%
first-time grantees, 2025
In 2025, 14 of 46 grantees (30%) were first-time recipients. First grants averaged $681; repeat grants $605. How we count
Medians: $225 first-time, $300 repeat.
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Iowa Savings Bank Charitable Foundation
- How to evaluate Iowa Savings Bank Charitable Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Iowa Savings Bank Charitable Foundation with AI
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$29K
-41.7% YoY
Grant Count
46
+4.5% YoY
Avg Grant Size
$628.37
-44.2% YoY
Mission & Focus Areas
The foundation describes its charitable activity as “providing monetary awards for charitable, literary, educational or other worthy institutional needs.”
Its 2025 grants included support for organizations serving a range of needs. For example, New Hope Village Foundation says it provides financial assistance to help New Hope Village enrich the quality of life for individuals with disabilities. Calhoun County Exposition says it provides 4-H and FFA youth an annual county fair to display and show their exhibits. St. Jude Children’s Research Hospital describes its mission as advancing cures and prevention for pediatric catastrophic diseases through research and treatment.
Grantmaking
In 2025, the foundation awarded $28,905 through 46 grants. Grant amounts ranged from $30 to $7,500, with a median of $250. Among the largest awards were $7,500 to World Food Prize Foundation, $5,000 to Endow Glidden, $2,500 to 25 CHI (Corridor Housing Initiative), and $2,000 to Community of Concern Food Pantry. Each was listed for unrestricted use.
Review Cycle
** None.
Ready to take the next step with Iowa Savings Bank Charitable Foundation?
Geographic Focus
Where this funder awards grants
The 2025 filing reports that 98% of grant dollars went to recipients in Iowa and 2% to recipients in Tennessee.
Grant Distribution by State
Share of all 46 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Filing year | Grant total | Number of grants |
|---|---|---|
| 2025 | $28,905 | 46 |
| 2024 | $49,550 | 44 |
| 2023 | $73,050 | 42 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
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 2025
Grant Size Distribution
228 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| WORLD FOOD PRIZE FOUNDATION Des Moines, IA | UNRESTRICTED USE | $7,500 |
| ENDOW GLIDDEN Glidden, IA | UNRESTRICTED USE | $5,000 |
| 25 CHI (CORRIDOR HOUSING INITIATIVE) Grand Junction, IA | UNRESTRICTED USE | $2,500 |
| COMMUNITY OF CONCERN FOOD PANTRY Carroll, IA | UNRESTRICTED USE | $2,000 |
| CARROLL COUNTY FAIR BOARD Coon Rapids, IA | UNRESTRICTED USE | $1,000 |
| UNITED FUND OF COON RAPIDS & UNION TOWNSHIP Coon Rapids, IA | UNRESTRICTED USE | $1,000 |
| COON RAPIDS MINISTERIAL ASSOCIATION Coon Rapids, IA | UNRESTRICTED USE | $500 |
| GLIDDEN UNITED CHARITIES Glidden, IA | UNRESTRICTED USE | $500 |
| GUTHRIE COUNTY FAIR FOUNDATION Guthrie Center, IA | UNRESTRICTED USE | $500 |
| MAIN STREET COON RAPIDS Coon Rapids, IA | UNRESTRICTED USE | $500 |
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists William C Hess as president and director, and Dierk Halverson, Richard Fulton, Catherine Rottinghaus, and Mike McLaughlin as directors.
Iowa Savings Bank Charitable Foundation is led by William C. Hess, President & Director on every filing since 2020; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
William C. Hess
President & Director
On filings since 2020
1 hr/week
No compensation reported
Catherine Rottinghaus
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Dierk Halverson
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Mike McLaughlin
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Richard Fulton
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Former officers (2)
- Former: Gene Vincent (2020–2023) — Director
- Former: Tom Farner (2020–2023) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: Bill Hess
Mailing address: Iowa Savings Bank, Carroll, IA 51401
Phone: (712) 792-9772
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Iowa Savings Bank Charitable Foundation fund?
The foundation describes its charitable activity as “providing monetary awards for charitable, literary, educational or other worthy institutional needs.” Its 2025 grants included support for organizations serving a range of needs. For example, New Hope Village Foundation says it provides financial assistance to help New Hope Village enrich the quality of life for individuals with disabilities. Calhoun County Exposition says it provides 4-H and FFA youth an annual county fair to display and sho…
How do I apply for a grant from Iowa Savings Bank Charitable Foundation?
Submit a written request to Bill Hess with a brief explanation of the purpose or need. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Iowa Savings Bank Charitable Foundation's EIN?
Iowa Savings Bank Charitable Foundation's EIN (Employer Identification Number) is 42-1329826. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.