THE IOWA WAVE SHIRT CONDUCTS FUNDRAISING ACTIVITIES, PRIMARILY FROM THE SALE OF T-SHIRTS AND OTHER APPAREL, TO SUPPORT THE UNIVERSITY OF IOWA STEAD FAMILY CHILDREN'S HOSPITAL.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$281K
-46.3% YoY
Annual Giving
$375K
+25.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$375K
+25.0% YoY
About The Iowa Wave Shirt
Based on IRS filings
The Iowa Wave Shirt is a nonprofit organization focused on Health, based in URBANDALE, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $281K in total assets. In 2024, it awarded 1 grants totaling $375K. Net investment income was $602.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $281,060 | $523,841 | $331,640 |
| Revenue | $217,971 | $575,326 | $319,463 |
| Expenses | $460,752 | $383,125 | $432,999 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $602 | $460 | $320 |
| 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 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Iowa Stead Family Children's Hospital ($375,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF IOWA STEAD FAMILY CHILDREN'S HOSPITAL IOWA CITY, IA | GENERAL SUPPORT | $375,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LORI WILLIS | PRESIDENT | 10 | — |
| BROOKE MICKELSON | SECRETARY | 1 | — |
| MEIGHAN PHILLIPS | TREASURER | 10 | — |
| JASON WILLIS | DIRECTOR | 0.25 | — |
| CY PHILLIPS | DIRECTOR | 0.25 | — |
| JOHN MICKELSON | DIRECTOR | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Iowa Wave Shirt?
The Iowa Wave Shirt is a nonprofit organization focused on Health, based in URBANDALE, IA. It holds $281K in total assets as of 2024.
How large is The Iowa Wave Shirt?
As of 2024, The Iowa Wave Shirt holds $281K in total assets with $218K in annual revenue. It awarded 1 grants totaling $375K in 2024.
Where does The Iowa Wave Shirt operate?
The Iowa Wave Shirt has awarded grants in Iowa.
What size grants does The Iowa Wave Shirt award?
In 2024, The Iowa Wave Shirt awarded 1 grants totaling $375K — an average of about $375K per grant, based on its IRS Form 990 filings.
What is The Iowa Wave Shirt's EIN?
The Iowa Wave Shirt's EIN (Employer Identification Number) is 83-0840231. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Iowa Wave Shirt's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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