Waterloo Community Foundation
Waterloo Community Foundation is a public charity based in Waterloo, Iowa, established in 2015. It provides financial support primarily for Waterloo’s needs, using funds maintained and administered on behalf of multiple donors.
Waterloo Community Foundation at a glance
In short: Waterloo Community Foundation gave $201K across 15 grants in 2025 (avg $13K), mostly in Iowa. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $200,855
- +939.4% vs 2024
- Grants made (2025)
- 15
- +400.0% vs 2024
- Average grant
- $13,390
- +107.9% vs 2024
- Median grant
- $10,000
- Total assets
- $11,781,170
- +116.1% vs 2024
- Primary geography
- Iowa (87% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Waterloo Community Foundation
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The foundation accepts unsolicited requests through its competitive grant cycle. Its website invites proposals from organizations serving Waterloo; requests are reviewed by community members and approved by the Board of Directors. The website identifies the five focus areas above but does not specify application materials.
- Contact
Mailing address: 114 East 4Th Street Ste 300, Waterloo, IA 50703
Phone: (319) 883-6022
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Waterloo Community Foundation
Waterloo Community Foundation Competitive Grant Program
Waterloo Community Foundation
Amount
Typical grant $5,000
Deadline
Deadline not published
Waterloo Community Foundation Grants
Waterloo Community Foundation
Amount
Typical grant $5,000
Deadline
Deadline not published
Who Waterloo Community Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was City of Waterloo ($47K). Together the top 10 received $173K.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 35 grants of 35 (100%).
Geographic Focus
Where this funder awards grants
The foundation describes its primary funding purpose as meeting the needs of Waterloo, Iowa. Its competitive grant program is described as serving Waterloo and the surrounding Cedar Valley area. In 2025, 87% of grant dollars went to recipients in Iowa and 13% to recipients in Virginia; the listed Virginia recipient was Close Up Foundation in Arlington.
Grant Distribution by State
Share of 2025 grant dollars across all 15 itemized grants.
Cities
How Waterloo Community Foundation gives
- Giving grew 236% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $19K (2024) to $201K (2025). In 2025 it made 15 grants totaling $201K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| City of Waterloo Waterloo, IA | Park Enhancements | $46,593 |
| Close up Foundation Arlington, VA | General Support | $26,459 |
| Sailor Nation Inc Waterloo, IA | General Support | $24,112 |
| Cedar Valley Hospice Waterloo, IA | General Support | $17,000 |
| Inclusion Connection Waterloo, IA | General Support | $12,000 |
| Hawkeye Community College Foundation Waterloo, IA | General Support | $11,500 |
| Boys & Girls Clubs of the Cedar Valley Waterloo, IA | General Support | $10,000 |
| University of Iowa Center for Advancement Iowa City, IA | General Support | $10,000 |
| Combat Veterans Motorcycle Association 39-6 Cedar Falls, IA | General Support | $7,500 |
| Northeast Iowa Area Agency on Aging Waterloo, IA | General Support | $7,500 |
Ready to take the next step with Waterloo Community Foundation?
Financial History
Multi-year comparison from IRS filings
Amounts are reported by filing year.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $11,781,170 | $3,413,543 | $837,450 | $200,855 | 15 | $330,807 |
| 2024 | $5,451,609 | $1,815,095 | $903,740 | $19,325 | 3 | $245,278 |
| 2023 | $4,137,331 | $1,196,546 | $748,915 | $51,150 | 4 | $84,259 |
| 2022 | $3,201,924 | $952,660 | $582,739 | $59,825 | 5 | $125,583 |
| 2021 | $3,061,844 | $1,220,134 | $469,794 | $110,154 | 8 | $129,388 |
| 2020 | $2,261,390 | $1,656,238 | $306,412 | $20,500 | 2 | $27,955 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The organization’s stated mission is to provide a “lean, straightforward, and transparent conduit” for people who wish to contribute resources for the betterment of the greater Waterloo community and its citizens.
Its current competitive grant areas are health and human services, arts and culture, education, economic development, and inclusion. The foundation also describes community funds as a way to respond to emerging needs and opportunities, and offers donor-advised and scholarship funds.
Examples of supported organizations illustrate a range of work: Cedar Valley Hospice says it provides palliative and end-of-life care; Inclusion Connection says it helps people with disabilities access employment, recreation, and self-advocacy; Northeast Iowa Area Agency says it empowers older individuals to age with dignity and independence; and Northeast Iowa Food Bank says it provides food and hunger education in Northeast Iowa. These are the grantees’ descriptions of their own missions.
Grantmaking
In filing year 2025, the foundation reported 15 grants totaling $200,855. The median itemized grant was $10,000; the foundation’s website describes $5,000 as its typical competitive grant size. Separately, the website says it awarded over $50,000 in competitive grant funding in 2025.
Among the largest reported 2025 grants were $46,593 to the City of Waterloo for park enhancements, $26,459 to Close Up Foundation for general support, $24,112 to Sailor Nation Inc for general support, $17,000 to Cedar Valley Hospice for general support, and $12,000 to Inclusion Connection for general support. The foundation’s 2025 filing also describes reimbursement for the Koats 4 Kids program, which distributed approximately 3,278 clothing items to families meeting income guidelines.
The foundation invites proposals from qualified organizations benefiting Waterloo. Requests are reviewed by a team of community members and approved by the Board of Directors. The website lists applications opening August 24, 2026; a separate program listing gives an August 1, 2026 deadline, which has passed. No closing date for the cycle opening August 24 is provided.
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation’s website identifies Erin Tink as Executive Director and Steve Carignan as President. Other board members listed on the website include Mike Broshar, Rachael Hoffman, Rudy Jones, Christa Miehe, and Katy Poe Harbaugh. The 2025 filing lists Jane Lindaman as Secretary and identifies Mike Broshar, Katy Poe Harbaugh, Bob Hellman, Rachael Hoffman, Rudy Jones, Krystal Madlock, and Christa Miehe as directors.
Waterloo Community Foundation is led by Steve Carignan, President since 2025 (on filings since 2023); 1 of 15 officers listed in 2025 is compensated.
Officers on the 2025 filing
Steve Carignan
President
Director → Vice President, 2024
Vice President → President, 2025
On filings since 2023
0.5 hrs/week
No compensation reported
Bob Hellman
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Dodie Young
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Christa Miehe
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Krystal Madlock
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Mike Broshar
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Rachael Hoffman
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Katy Poe Harbaugh
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Mersiha Mustedanagic
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Phil Nash
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Rudy Jones
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Erin Tink
Executive Di
Executive Director → Executive Di, 2022
On filings since 2021
40 hrs/week
$33K (2021) → $101K (2025)
Bev Smith
Vice President
Director → Vice President, 2025
On filings since 2023
0.5 hrs/week
No compensation reported
Jane Lindaman
Secretary
Director → Secretary, 2024
On filings since 2023
0.5 hrs/week
No compensation reported
John Richter
Treasurer
Director → Treasurer, 2024
On filings since 2023
0.5 hrs/week
No compensation reported
Former officers (20)
- Former: Lance Vanderloo (2020–2024) — Past President
- Former: Lori Johnson (2020–2024) — Director
- Former: Sam Holden (2020–2024) — President An
- Former: Tamera Phillips Cook (2023–2024) — Director
- Former: Chuck Rowe (2020–2023) — Secretary
- Former: Kent McCausland (2020–2023) — Director
- Former: Stacey Bentley (2020–2023) — Director
- Former: Theresa Hoffman (2020–2023) — Director
- Former: Troy Smith (2020–2023) — Director
- Former: Anesa Kajtazovic (2020–2022) — Director
- Former: Kathy McCoy (2020–2022) — Secretary
- Former: Mickye Johnson (2021–2022) — Director
- Former: Tim Hurley (2022) — Directory
- Former: Michelle Teymeyer (2020–2021) — Executive Director
- Former: Robert Hellman (2020–2021) — Director
- Former: Scott Crowley (2020–2021) — Director
- Former: Sharina Sallis (2020–2021) — Director
- Former: Timothy Hurley (2020–2021) — Past President
- Former: Geof Grimes (2020) — Former President
- Former: Wilfred Johnson (2020) — President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $101K, to Erin Tink (Executive Di).
Frequently asked questions about Waterloo Community Foundation
How much does Waterloo Community Foundation give each year?
Waterloo Community Foundation gave $201K across 15 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $19K across 3 grants.
What is Waterloo Community Foundation's typical grant size?
Waterloo Community Foundation's median grant in 2025 was $10,000, and its average grant was $13,390, across 15 grants on its 2025 IRS Form 990.
Where does Waterloo Community Foundation give grants?
Waterloo Community Foundation gives mostly in Iowa: 87% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Virginia (13%). The most frequent recipient cities were Waterloo, IA (11 grants) and Cedar Falls, IA (2 grants).
Does Waterloo Community Foundation give general operating support?
Yes: 93% of Waterloo Community Foundation's 2025 grants with a stated purpose (14 of 15) were for general or operating support, per its 2025 IRS Form 990.
Who are Waterloo Community Foundation's largest grantees?
Waterloo Community Foundation's largest 2025 grantees include City of Waterloo ($46,593), Close up Foundation ($26,459) and Sailor Nation Inc ($24,112), according to its 2025 IRS Form 990. Together they received 48% of its itemized 2025 grant dollars.
How large is Waterloo Community Foundation?
Waterloo Community Foundation reported $11.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.4M.
What does Waterloo Community Foundation fund?
The organization’s stated mission is to provide a “lean, straightforward, and transparent conduit” for people who wish to contribute resources for the betterment of the greater Waterloo community and its citizens. See mission & focus areas ↑
How do I apply for a grant from Waterloo Community Foundation?
The foundation accepts unsolicited requests through its competitive grant cycle. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Waterloo Community Foundation's EIN?
Waterloo Community Foundation's EIN (Employer Identification Number) is 47-3373953. IRS Form 990 filing data is available on this page for 2020–2025.
Does Waterloo Community Foundation accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS June 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 23, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 1, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 9, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 8, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 26, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Waterloo Community Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Waterloo Community Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/waterloo-community-foundation-morg_dfbfa776dc98488cb869e164112caae5
BibTeX
@misc{grantable_473373953_2026,
author = {{Grantable}},
title = {{Waterloo Community Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/waterloo-community-foundation-morg_dfbfa776dc98488cb869e164112caae5},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Waterloo Community Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Waterloo Community Foundation down — hundreds of funders to go?