About The Foundation

About the Iowa Western Foundation

The Iowa Western Community College Foundation was organized in 1986 to provide support to the college, our students, and our many programs. The Foundation is dedicated to developing new sources of financial support for student scholarships, projects, and college educational programs.

Each year, the IWCC Foundation receives generous gifts from friends, businesses, service organizations, faculty and staff, and alumni. This support is critical to our numerous programs and to our students. The Foundation is proud to assist Iowa Western in its mission to provide premier educational opportunities and empower thousands of students.

Four of the top five reasons students cite for dropping out of college are finance-related. This makes IWCC’s effort to build scholarships vital. With more than 70 percent of Iowa Western’s student population receiving financial aid, the need for scholarship support is more crucial than ever before. Scholarship gifts to our Foundation make students’ dreams of obtaining a higher education a reality.

In addition to current gifts, we encourage and promote deferred giving opportunities. Whether through a bequest, life insurance, or the establishment of charitable gift annuities or trusts, these financial vehicles help our donors leave legacy gifts that will impact Iowa Western and our students for generations to come. 


Financials

Independent Auditor’s Report

You will find the following in the Independent Auditor’s Report for 2019, provided by Denman and Company, LLP:

  • Auditor’s opinion
  • Statement of net assets
  • Statement of activities
  • Statement of cash flows
  • Notes to financial statements

Form 990

IRS Form 990 is the tax document that tax-exempt nonprofit organizations file each year with the IRS. 

The 990 allows the IRS and the public to evaluate nonprofits and how they operate.

Foundation Board of Directors

The IWCC Foundation is governed by a board of area business and civic leaders representing numerous geographic areas throughout our seven-county service area. We are fortunate to have these individuals actively involved with the IWCC Foundation as they provide us with great expertise, insight, and perspective.

Donna Barry, President
Senator Charles Grassley Office

Randy PashVice President
Pash & Associates

Dr. Ward Chambers
UNMC

Dr. Don Fenster
Community Volunteer, Retired Dentist

Mick Guttau
TS Bank

Kurt Henstorf
First Heritage Bank

Robert Laubenthal
Law Offices of Gallner & Pattermann, P.C.

Linda Lloyd
Lloyd Inc.

Ron Mahoney
Mahoney Construction, Co. 

Dr. John Marshall
Community Volunteer, Retired Doctor

John Nelson
Silverstone Group

Arnie Ovalles
Prodigy Asset Management

Mitch Streit
Hy-Vee

Gilbert Thomas
Bank Iowa

Larry Winum
Glenwood State Bank

Dr. Dan Kinney
Iowa Western President

Molly Noon
Foundation Executive Director

Edwin Holtz
Foundation Treasurer

Tina Mackland
Foundation Secretary