Ottumwa Regional Legacy Foundation Inc logo

Ottumwa Regional Legacy Foundation Inc

OTTUMWA, IA EIN: 42-0681060 Website

The Ottumwa Regional Legacy Foundation is a 501(c)(3) conversion foundation established in April 2010 following the sale of Ottumwa Regional Health Center's assets to RegionalCare Hospital Partners. The foundation was created to ensure that net proceeds from this transaction would benefit the community previously served by the health center. Based in Ottumwa, Iowa, the foundation serves as a perpetual partner investing in the vitality and advancement of the greater Ottumwa community.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$3.1M

+282.0% YoY

Grant Count

216

+101.9% YoY

Avg Grant Size

$14K

+89.2% YoY

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

Mission & Focus Areas

The foundation is committed to the well-being of the Ottumwa and Wapello County community. It operates as a catalyst for positive change by raising, managing, and distributing funds for charitable purposes. The foundation is active in initiating and advancing promising ideas, making grants, convening, promoting collaboration, providing sound information, and celebrating success.

Primary focus areas include:

  • Economic Prosperity
  • Education Opportunities
  • Quality of Life
  • Housing Availability

The foundation also established a leadership academy in 2012, offering a 10-month tuition-based program designed to develop effective leadership for the betterment of the community.

Grantmaking

The foundation operates several grant programs:

How to Apply

Applications are submitted online. Eligible applicants must be 501(c)(3) nonprofit organizations or charitable projects with a qualified fiscal sponsor.

Ready to take the next step with Ottumwa Regional Legacy Foundation Inc?

Geographic Focus

Where this funder awards grants

The foundation funds organizations operating and/or providing services in Wapello County, Iowa, with particular emphasis on the City of Ottumwa and surrounding communities.

Grant Distribution by State

17states
+9 more states

Cities

AGENCYAMESATLANTABELLEVUEBLAKESBURGCEDAR FALLSCEDAR RAPIDSDALLASDAVENPORTDES MOINESDES PLAINESDOWNERS GROVEEDDYVILLEELDONFAIRFIELDFARGOGRIMESHAMILTONHUTCHINSONIOWA CITY

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $73,810,628
  • Total Revenues: $4,340,730
  • Total Expenses: $5,164,135
  • Staff: 6 employees

As of Fall 2023:

  • Total Assets: Over $68 million

The foundation's investment philosophy is governed by an Investment Policy Statement adopted by the Board of Directors, with primary objectives of long-term growth of principal without undue exposure to risk. The Board has delegated investment oversight to an Investment Committee, which has engaged Stifel Nicolaus as a professional investment advisor.

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$783K$2M$2M$3M86 grants2020101 grants202189 grants2022107 grants2023216 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CITY OF OTTUMWA$554KCITY OF OTTUMWA$222KCITY OF OTTUMWA$211KCITY OF OTTUMWA$168KCITY OF OTTUMWA$117KCITY OF OTTUMWA$92KCITY OF OTTUMWA$77KCITY OF OTTUMWA$71KCITY OF OTTUMWA$56KWAPELLO COUNTY RURAL FIR…$20K

Grant Size Distribution

250 grants across all recorded years

227<$50K9$50–100K11$100–250K1$250–500K2$500K–1M$1–5M$5M+

Open Grants

4 open opportunities from Ottumwa Regional Legacy Foundation Inc

Show all 4 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KELLY GENNERSPRESIDENT/CEO$227KMIKE SPIELERVP OF FINANCE$171K

From 2024 filing

NameTitleHoursCompensation
HIMAR HERNANDEZCHAIR1
DR JILL BUDDEVICE CHAIR1
BRIAN MCWILLIAMSTREASURER1
NATALIE BOLINPAST CHAIR1
SANDRA HENDREDDIRECTOR1
RUSS SPORERDIRECTOR1
DR JESSICA MCCULLENDIRECTOR1
TAREN FERGUSONDIRECTOR1
JEAN DELLDIRECTOR1
MARK CLARKDIRECTOR1
ASHLEY NOREUILDIRECTOR1
DAVID BRADFORDDIRECTOR1
MIKE SPIELERVP OF FINANCE40$171,038
KELLY GENNERSPRESIDENT/CEO40$226,633

Recent News & Activity

Recent developments and announcements

2026

**February 2026:** Food Bank of Iowa received a $75,000 grant from the foundation, providing $15,000 annually for five years to sustain its veterans' mobile food distribution in Wapello County.

2025

**Fall 2025 Bright Ideas Community Enrichment Fund Cycle:** The foundation awarded over $150,000 to nonprofit recipients, including:

Legacy Foundation\u2019s Bright Ideas Fund Allocates $150,000 for Community\

Agency Community Church (vertical lift installation for accessibility)

American Home Finding Association (3 new bedrooms at Agency Youth Shelter)

First Resources Corp (staff training and development)

Food Bank of Iowa (warehouse equipment)

Four Oaks Family & Children's Services (Foster & Kinship Family support)

The foundation continues to support community initiatives addressing safety, accessibility, vulnerable youth and families, community health and wellness, educational opportunities, and local arts enrichment.

Legacy Foundation\u2019s Bright Ideas Fund Allocates $150,000 for Community\

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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