The Wellmark Foundation

DES MOINES, IA EIN: 42-1368650

The Wellmark Foundation is a private 501(c)(3) grantmaking foundation established in 1991 and based in Des Moines, Iowa. It is a company-sponsored foundation created by Wellmark Blue Cross and Blue Shield of Iowa to engage in charitable giving and serve as a catalyst in bringing groups together to positively impact health within communities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$3.2M

-10.1% YoY

Grant Count

27

-27.0% YoY

Avg Grant Size

$117K

+23.1% YoY

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

Mission & Focus Areas

The foundation supports programs designed to improve the health of Iowans and South Dakotans and their communities. Special emphasis is directed toward:

  • Promoting active living and building environments
  • Increasing access and consumption of nutritious foods
  • Community-based wellness and prevention initiatives
  • Healthy aging
  • Mental and behavioral health
  • Rural community health
  • Maternity and newborn health

The foundation prioritizes sustainable initiatives—projects that continue after grant funding ends.

Grantmaking

The foundation operates two primary competitive grant programs:

Review Cycle

with different deadlines and requirements

How to Apply

- Applications are accepted and available on the foundation's website

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Geographic Focus

Where this funder awards grants

The foundation funds initiatives exclusively in Iowa and South Dakota.

Grant Distribution by State

3states

Cities

AFTONALEXANDIRAALGONAANKENYATLANTICAUBURNBLOOMFIELDBROOKINGSBURKEBURLINGTONCANISTOTACARROLLCASEYCEDAR FALLSCEDAR RAPIDSCHAMBERLAINCHARITONCHEROKEECLARKCLIVE

Financial History

Multi-year comparison from IRS filings

Assets & Giving (2023)

  • Total Assets: $74.3 million
  • Total Liabilities: $402,000
  • Total Revenue: $6.77 million
  • Total Expenses: $4.19 million
  • Total Giving: $3.5 million
  • Giving Rate: 4.7% of assets

Assets & Giving (2024)

  • Total Assets: $80 million
  • Total Giving: $3.7 million
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$1M$2M$3M$4M1 grants202054 grants202135 grants202237 grants202327 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHARITIES AID FOUNDATION…$759KIOWA JAG INC$400KSTATE UNIVERSITY OF IOWA…$388KBLUES CARE GIVING CONTRI…$336KCHILDSERVE FOUNDATION INC$250KLIFESCAPE FOUNDATION$250KROCK VALLEY COMMUNITY SC…$150KSOUTH DAKOTA COMMUNITY F…$150KBRAVO GREATER DES MOINES…$100KSPENCER COMM SCHOOL DIST…$100K

Grant Size Distribution

150 grants across all recorded years

62<$50K23$50–100K55$100–250K5$250–500K1$500K–1M4$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

The foundation is governed by a board of directors:

  • Laura Jackson, Chairperson
  • Christa D Kuennen, Treasurer
  • Scott A Sundstrom, Secretary
  • Kris DeGraff, Director
  • Mary Beth Hart, Director
  • Cammy Jenkins, Director
  • Jennifer Mentele, Director
  • Sherwin Robinson, Director

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Kris DeGraffDirector1
Mary Beth HartDirector1
Cammy JenkinsDirector1
Jennifer MenteleDirector1
Laura JacksonChairperson1
Christa D KuennenTreasurer1
Scott A SundstromSecretary1
Sherwin RobinsonDirector1

Recent News & Activity

Recent developments and announcements

The foundation announced a new $5 million youth mental health grant program to expand mental and behavioral health services in rural Iowa schools, addressing the youth mental health crisis in the state.

Wellmark Foundation awards $5M grant to expand youth mental ...

The foundation also provided support to the University of Iowa's SIM-IA Program.

The Wellmark Foundation Supports University of Iowa\u2019s SIM-IA Program

Past grantees have included Growing Great Gardens, Herreid Area Housing Development, and the Keosauqua Riverfront Trail.

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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