Iowa Credit Union Foundation

WEST DES MOINES, IA EIN: 42-1438113 Website

FOUNDED IN 1995 AS THE PHILANTHROPIC ARM OF THE IOWA CREDIT UNION LEAGUE AND GUIDED BY THE CREDIT UNION PHILOSOPHY OF "PEOPLE HELPING PEOPLE", THE IOWA CREDIT UNION FOUNDATION (THE FOUNDATION) WORKS TO CHAMPION FINANCIAL WELL-BEING FOR ALL. THE FOUNDATION'S VISION IS TO BE A HUB FOR CREDIT UNION PHILANTHROPY.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$2.4M

+4.7% YoY

Annual Giving

$30K

-16.7% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$10K

-16.7% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$692K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$2,356,286$2,249,491$2,092,625
Revenue$618,826$494,711$425,847
Expenses$568,535$471,852$426,890
Qualifying Distributions
Net Investment Income$96,489$51,696$-2,588
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$16K$33K$49K$65K4 grants20201 grants20212 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

ATHLETICS FOR EDUCATION …$10KMULTICULTURAL DEVELOPMEN…$10KUNIVERSITY OF NORTHERN I…$10K

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Iowa Credit Union Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JELENA BABIC BARNESEXECUTIVE DIRECTOR$81K

From 2024 filing

NameTitleHoursCompensation
MARIAN HOLMESCHAIR1
JORDAN HENSLEYVICE CHAIR1
JULIE WILLSESECRETARY1
REBECCA NEADESTREASURER1
ALEJANDRO ALANIZDIRECTOR0.5
JIM ANDERSONDIRECTOR0.5
MARY BONTRAGERDIRECTOR0.5
DAVE CALEDIRECTOR0.5
ADAM CARROLLDIRECTOR0.5
DONNA DYERDIRECTOR0.5
KIM FETTKETHERDIRECTOR0.5
JENNIFER NAEVEDIRECTOR0.5
PAULA O'ROURKEDIRECTOR0.5
JOHN PARKSDIRECTOR0.5
JELENA BABIC BARNESEXECUTIVE DIRECTOR40$80,804

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

States

Cities

CEDAR FALLSCORALVILLEDES MOINESFORT DODGEIOWA CITYJOHNSTONWAILUKU

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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