Southwest Iowa Foundation Inc
- Assets
- $9.8m
- Revenue
- $541.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 42-1453731
Organization Overview
Southwest Iowa Foundation Inc is located in Omaha, NE. The organization was established in 2019. According to its NTEE Classification (I70) the organization is classified as: Protection Against Abuse, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Iowa Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Southwest Iowa Foundation Inc generated $541.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $501.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Southwest Iowa Foundation Inc has awarded 12 individual grants totaling $774,279. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT OMAHA COMMUNITY FOUNDATION'S MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE SOUTHWEST IOWA FOUNDATION IS TO IMPROVE THE QUALITY OF LIFE IN SOUTHWEST IOWA BY PROMOTING PHILANTHROPY, SOCIAL PROGRESS, AND ECONOMIC DEVELOPMENT BY SUPPORTING THOSE ORGANIZATIONS AND PROGRAMS DEVOTED TO THOSE MISSIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Baumert Vice President | OfficerTrustee | 1 | $0 |
Thomas Whitson Sec/treasurer | OfficerTrustee | 1 | $0 |
John Burns President | OfficerTrustee | 2 | $0 |
Donna Kush Director | Trustee | 1 | $0 |
Matt Darling Director | Trustee | 1 | $0 |
John Nelson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $121,231 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $420,279 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $541,510 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $344,406 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $98,196 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $55,657 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $200 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,054 |
| All other expenses | $0 |
| Total functional expenses | $501,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $460,609 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $9,346,431 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,807,040 |
| Accounts payable and accrued expenses | $24,388 |
| Grants payable | $49,915 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $74,303 |
| Net assets without donor restrictions | $9,732,737 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,807,040 |
Grants Awarded
Over the last fiscal year, Southwest Iowa Foundation Inc has awarded $464,279 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Council Bluffs, IA PURPOSE: Community Improvement | $300,000 |
Council Bluffs, IA PURPOSE: Arts, Culture, Humanities | $125,000 |
Omaha, NE PURPOSE: Mental Health, Crisis Intervention | $25,000 |
POTTAWATTAMIE COUNTY TREASURE PURPOSE: Public, Society Benefit | $14,279 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas Coalition Against Sexual And Domestic Violence Inc Topeka, KS | $621,656 | $2,992,054 |
Iowa Coalition Against Sexual Assualt Des Moines, IA | $586,562 | $2,872,680 |
Missouri Coalition Against Domestic And Sexual Violence Jefferson City, MO | $1,820,542 | $2,016,139 |
Casa For Douglas County Omaha, NE | $1,674,712 | $1,756,788 |
Project Pave Inc Denver, CO | $1,808,936 | $1,114,874 |
Jewish Community Center Charitable Supporting Foundation Overland Park, KS | $17,547,861 | $1,899,186 |
Center Against Abuse Sexual Assault Caasa Spencer, IA | $1,274,784 | $913,136 |
The Compass Center Sioux Falls, SD | $617,265 | $901,907 |
Survival Adults Abuse Center Inc Warrensburg, MO | $499,954 | $890,337 |
Alliance Against Domestic Abuse Salida, CO | $251,815 | $690,043 |
Polk County House Of Hope Bolivar, MO | $931,957 | $815,389 |
Southwest Iowa Foundation Inc Omaha, NE | $9,807,040 | $541,510 |