The West Bancorporation Foundation Inc
The West Bancorporation Foundation Inc. is a private foundation established in 2003 as the charitable affiliate of West Bancorporation, Inc., the parent company of West Bank. Based in West Des Moines, Iowa, the Foundation supports nonprofit organizations in communities where West Bank operates, with a commitment to addressing the needs of low- and moderate-income individuals.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
-14.3% YoY
Annual Giving
$268K
+4.1% YoY
Grant Count
105
+9.4% YoY
Avg Grant Size
$3K
-4.8% YoY
Mission & Focus Areas
The Foundation supports organizations involved in three primary areas:
- Arts & Culture
- Education
- Human Services
Special emphasis is directed toward programs designed to benefit low- and moderate-income individuals. The Foundation recognizes the importance of making arts and cultural opportunities accessible to economically disadvantaged populations and addresses critical community needs including housing and food security.
Grantmaking
Review Cycle
** January 1, April 1, July 1, and October 1
How to Apply
**
Ready to take the next step with The West Bancorporation Foundation Inc?
Geographic Focus
Where this funder awards grants
The Foundation funds organizations in:
- Central Iowa (greater Des Moines area)
- Eastern Iowa (Iowa City/Coralville area)
- Minnesota (Rochester, Owatonna, Mankato, and St. Cloud)
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $1,048,795
- Total Giving: $267,657 (most recent reporting period)
- Historical Growth: Annual Foundation grants increased from less than $200,000 to over $300,000 by 2019, reaching $221,852 in 2021
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,048,795 | $1,224,180 | $1,209,115 |
| Revenue | $93,429 | $273,312 | $67,339 |
| Expenses | $268,814 | $258,247 | $317,325 |
| Qualifying Distributions | $267,657 | $257,134 | $316,761 |
| Net Investment Income | $66,469 | $57,673 | $37,125 |
| Distributable Amount | $114,684 | $99,090 | $105,246 |
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 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from The West Bancorporation Foundation Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Jill Hansen - Executive Director and Senior Vice President, West Bank
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JILL T HANSEN | EXECUTIVE DIRECTOR | 4 | — |
| DAVID D NELSON | DIRECTOR | 0.5 | — |
| BRAD L WINTERBOTTOM | DIRECTOR | 0.5 | — |
| HARLEE N OLAFSON | DIRECTOR | 0.5 | — |
| JENNIFER WEDEMEYER | SECRETARY | 0.5 | — |
| JEAN SCHERR | DIRECTOR AND TREASURER | 0.5 | — |
| MELISSA GILLESPIE | DIRECTOR | 0.5 | — |
| LUKE MOLENHOFF | DIRECTOR | 0.5 | — |
| JIM CONARD | DIRECTOR | 0.5 | — |
| GABE OLSON | DIRECTOR | 0.5 | — |
| KEVIN SMITH | DIRECTOR | 0.5 | — |
| BRAD PETERS | DIRECTOR | 0.5 | — |
| JANE FUNK | DIRECTOR | 0.5 | — |
Recent News & Activity
Recent developments and announcements
In the fourth quarter of 2021, the West Bancorporation Foundation announced grants totaling $71,500 to 18 community organizations. Six of these grants were directed to food pantries, reflecting the Foundation's commitment to addressing food security during challenging times. Organizations receiving grants included Blank Children's Hospital Festival of Trees & Lights, Camp Hertko Hollow, DMARC Food Pantry, Dowling Catholic High School, Everybody Wins! Iowa, Hope Ministries, Mentor Iowa, Polk County Housing Trust Fund, and various other community service organizations.
West Bancorporation Foundation announces grants to local food pantries |The Foundation has demonstrated consistent growth in its grantmaking capacity, supported in part by employee contributions through payroll deduction programs at West Bank.
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Main Street Fort Dodge Inc
FORT DODGE, IA
Assets
$315K
Grants
1
Total Given
$25K
John & Beverly Anderson Charitable Trust
VINTON, IA
Assets
—
Grants
18
Total Given
$22K
Barbara Jean Couturier Charitable T
DAVENPORT, IA
Assets
—
Grants
0
Total Given
—
The Joseph Andres Family Foundation
OKOBOJI, IA
Assets
—
Grants
6
Total Given
$7K
Lohse Family Foundation
BONDURANT, IA
Assets
—
Grants
2
Total Given
$400K
Vande Brake Family Foundation
ORANGE CITY, IA
Assets
$172K
Grants
6
Total Given
$47K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The West Bancorporation Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities