Ita Group Foundation

WEST DES MOINES, IA EIN: 42-1462086

ITA Group Foundation is a corporate foundation based in West Des Moines, Iowa, operating as the philanthropic arm of ITA GROUP INC. Established in 1997, the foundation operates as a 501(c)(3) organization with tax-exempt status since February 1997.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$296K

-8.5% YoY

Grant Count

93

-1.1% YoY

Avg Grant Size

$3K

-7.5% YoY

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

Mission & Focus Areas

The foundation supports public libraries and organizations involved with children and youth. Primary funding areas include education, philanthropy and grantmaking, and human services, with a particular emphasis on community improvement initiatives.

Grantmaking

The foundation is an active grantmaker with significant annual giving activity. In 2023, it awarded 94 grants totaling approximately $323,700 in charitable contributions.

Average Grant

amounts vary by recipient and initiative

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Iowa, with some grants extending to Massachusetts and Georgia.

Grant Distribution by State

23states
+15 more states

Cities

ALPHARETTAAMERICUSARLINGTONATLANTAAUSTINAlbert LeaAnkenyAtlantaBALTIMOREBEACONBENDBOSTONBaltimoreBelmontBendBostonCHICAGOCLIVECORALVILLEChicago

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

  • Total Assets: $826,865
  • Total Revenues: $731,088
  • Total Expenses: $324,544
  • Total Grants, Contributions, etc.: $726,500
  • Investment Income and Dividends: $4,588

Year-over-Year Growth (2023 vs. 2022):

  • Total grants and contributions increased 106.4% (from $352,000 to $726,500)
  • Investment income declined 17% (from $5,529 to $4,588)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$81K$162K$243K$324K65 grants202051 grants202169 grants202294 grants202393 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MAUI STRONG$25KCHILDSERVE$12KGREAT OUTDOORS FOUNDATION$11KBRAVO GREATER DES MOINES$5KALZHEIMER'S ASSOCIATION$4KCRADLES TO CRAYONS$4KJUNIOR ACHIEVEMENT$4KELLIPSIS$3KGREATER BOSTON FOODBANK$3KCHILDREN AND FAMILIES OF…$3K

Grant Size Distribution

250 grants across all recorded years

249<$50K1$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

  • Thomas Mahoney Jr. – President
  • Brent Vanderwall – Secretary/Treasurer

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRENT VANDER WAALPRESIDENT1
MELISSA HOFMANNSECRETARY1
TIM HEASTONTREASURER1

Contact Information

Address: 7000 Vista Dr West Des Moines, IA 50266

Phone: (515) 326-3430

Website: www.itagroup.com

Subject Areas

Focus areas based on grantmaking activity

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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