Skip to main content

Nonprofit · EIN 42-1476116

IOWA COUNCIL OF FOUNDATIONS

Tax-exempt · WDM, IA 50266

Financials

$580K$496K2022$511K$518K2023$514K$463K2024
Revenue Expenses · by fiscal year end
Financials of IOWA COUNCIL OF FOUNDATIONS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$513,640$463,021$50,619$382,729$16,867$365,862
June 30, 2024990$510,972$518,343-$7,371$353,446$38,203$315,243
June 30, 2023990$580,353$496,041$84,312$333,355$10,741$322,614
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$444,633
of which government grants
$409,633
Program service revenue
$53,644
Investment income
$11,463
Other revenue
$3,900

Expenses

Grants and similar amounts paid
$73,175
Compensation of officers, directors and key employees
$135,634
Other salaries and wages
$28,365
Salaries, compensation and benefits (total)
$176,539
Professional fundraising fees
$0
Accounting fees
$16,417
Travel
$15,429
Program services (functional)
$387,582
Management and general (functional)
$73,674
Fundraising (functional)
$1,765

Balance sheet and other

Total assets, start of year
$353,446
Total assets, end of year
$382,729
Total liabilities, end of year
$16,867
Net assets, end of year
$365,862
Net assets without donor restrictions
$249,392
Net assets with donor restrictions
$116,470
Gross receipts
$513,640
Employees
2
Volunteers
19
Year formed
1998
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KARI MCCANN BOUTELLPRESIDENT
Officer
40$120,328$13,549
ROB BARRONBOARD MEMBER
Trustee or director
1$0$0
CATHY SHOWALTERBOARD MEMBER
Trustee or director
1$0$0
NICOLE BRUA-BEHRENSCHAIR
Trustee or director, Officer
1$0$0
CHARLA SCHAFERVICE CHAIR
Trustee or director, Officer
1$0$0
JELENA ENA BABIC BARNESSECRETARY
Trustee or director, Officer
1$0$0
BETH JONESTREASURER
Trustee or director, Officer
1$0$0
MATT MENDENHALLIMM. PAST PR
Trustee or director, Officer
1$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
KARI MCCANN BOUTELLPRESIDENT
Officer
40$117,132$8,329
CHARLA SCHAFERBOARD MEMBER
Trustee or director
1$0$0
JELENA ENA BABIC BARNESBOARD MEMBER
Trustee or director
1$0$0
ROB BARRONBOARD MEMBER
Trustee or director
1$0$0
MATT MENDENHALLCHAIR
Trustee or director, Officer
1$0$0
NICOLE BRUA-BEHRENSVICE CHAIR
Trustee or director, Officer
1$0$0
KAYE ENGLINSECRETARY
Trustee or director, Officer
1$0$0
BETH JONESTREASURER
Trustee or director, Officer
1$0$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
KARI MCCANN BOUTELLPRESIDENT
Officer
40$101,177$9,336
ROB BARRONBOARD MEMBER
Trustee or director
1$0$0
MATT MENDENHALLCHAIR
Trustee or director, Officer
1$0$0
NICOLE BRUA-BEHRENSVICE CHAIR
Trustee or director, Officer
1$0$0
KAYE ENGLINSECRETARY
Trustee or director, Officer
1$0$0
BETH JONESTREASURER
Trustee or director, Officer
1$0$0
KARLA TWEDT-BALLPAST CHAIR
Trustee or director, Officer
1$0$0
GINA ROONEY LEFT APRIL 2023TREASURER
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
1415 28TH ST STE 400, WDM, IA 50266-1450
Principal officer (990 for 2024)
KARI MCCANN BOUTELL, 1415 28TH STREET SUITE 400, WEST DES MOINES, IA 50266
Signed the 990
NICOLE BRUA-BEHRENS, CHAIR
Phone
(515) 989-1188
Return prepared by
MHCS PC

Mission

TO STRENGTHEN AND PROMOTE ORGANIZED PHILANTHROPY IN THE STATE OF IOWA; TO ASSIST AND EDUCATE ITS MEMBERSHIP IN ORDER TO PROMOTE AND FACILITATE EFFECTIVE PHILANTHROPIC GRANTMAKING; AND TO PROVIDE A FORUM FOR THE EXCHANGE OF INFORMATION ON PHILANTHROPIC PROGRAMS AND ISSUES.

990 for the year ended June 30, 2025

Program accomplishments

  • TO STRENGTHEN PHILANTHROPY IN IOWA BY ASSISTING, EDUCATING, AND PROVIDING A FORUM FOR THE EXCHANGE OF INFORMATION AMONG GRANTMAKERS. THIS IS ACCOMPLISHED THROUGH A VARIETY OF PROGRAMMING AND SERVICES INCLUDING QUARTERLY MEMBERSHIP MEETINGS/WORKSHOPS, ACCESS TO NATIONALLY-KNOWN EXPERTS IN THE PHILANTHROPIC SECTOR, WEBINARS, TRAININGS, ONLINE PORTAL, CONFERENCES/SPECIAL EVENTS, TOOLS, PUBLICATIONS, AND RESEARCH. IN FISCAL YEAR 2025, THE ICOF PROVIDED PROGRAMMING FOR 705 PROGRAM REGISTRANTS. THE ICOF CONTINUED TO CONVENE AND SUPPORT THE REGIONAL MEMBERSHIP MEETINGS AND A STATEWIDE CONFERENCE FOR COMMUNITY FOUNDATION LEADERS.
    Expenses $387,582 · grants $73,175 · revenue $53,644

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
42-1476116
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B60)
Assets (IRS master file)
$382,729
Income (IRS master file)
$513,640

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$513,640$463,021$382,729XML
990June 2024$510,972$518,343$353,446XML
990June 2023$580,353$496,041$333,355XML
990June 2022$501,547$456,117$248,326IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1476116).

Questions about IOWA COUNCIL OF FOUNDATIONS

What is the EIN of IOWA COUNCIL OF FOUNDATIONS?
The employer identification number (EIN) of IOWA COUNCIL OF FOUNDATIONS is 42-1476116.
Is IOWA COUNCIL OF FOUNDATIONS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to IOWA COUNCIL OF FOUNDATIONS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IOWA COUNCIL OF FOUNDATIONS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of IOWA COUNCIL OF FOUNDATIONS due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IOWA COUNCIL OF FOUNDATIONS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of IOWA COUNCIL OF FOUNDATIONS?
The 990 for the year ended June 30, 2025 names KARI MCCANN BOUTELL.
Who are the officers and directors of IOWA COUNCIL OF FOUNDATIONS?
The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $120,328 (KARI MCCANN BOUTELL, PRESIDENT).
How much revenue does IOWA COUNCIL OF FOUNDATIONS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $513,640, expenses of $463,021 and total assets of $382,729 at year end.

Other nonprofits in WDM

All nonprofits in WDM · Iowa · Education