LSB Foundation
Accepts applications
LSB Foundation is a private foundation in Reinbeck, Iowa. In tax year 2024 it gave $238,759 in 130 grants; the typical grant was $1,000 and the largest $10,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$238,759
- Number of grants130
- Typical grant$1,000
- Largest grant$10,000
- Assets$86,346
- New grantees40%
Giving in 2024 was up from $231,546 the year before.
40% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $273,730 | 153 | $105,682 |
| 2023 | $231,546 | 139 | $106,555 |
| 2024 | $238,759 | 130 | $86,346 |
How to apply
| Contact | Ashley Ungs 242 Tower Park Drive, Waterloo, IA 50701 |
|---|---|
| Phone or email | (319) 233-1900 |
| What to submit | Applications for grants are available at the offices of lincoln savings bank |
| Deadlines | Applications are reviewed as received on a quarterly basis. All times are specified on the grant. |
| Restrictions | Grants are made only to tax qualified organizations with in the geographic markets served by lincoln savings bank |
What LSB Foundation funds
Where it gives
Its grants went to recipients in 8 states, the most to Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 119 | $227,409 |
| Illinois | 3 | $3,450 |
| Texas | 2 | $3,400 |
| Kansas | 2 | $3,000 |
| New York | 1 | $1,000 |
| Nebraska | 1 | $200 |
| Virginia | 1 | $200 |
| Wisconsin | 1 | $100 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Uni Foundation | Financial literacy fund support | $10,000 |
| Cedar Falls Housing Trust Fund | General operating support | $7,500 |
| Central Rivers Aea Foundation | Leadership in learning project support | $7,298 |
| Scholarship America | G-r (gladbrook-reinbeck) dollars for scholars support | $7,164 |
| Scholarship America | G-r (gladbrook-reinbeck) dollars for scholars support | $5,657 |
| Americans for Independent Living | New moving truck capital campaign support | $5,000 |
| Cedar Falls Community Schools Foundation | Jump in for a new pool support | $5,000 |
| Chic Behavioral Health and Community Services | Chic girls support | $5,000 |
| Christian Community Development DBA House of Hope | Extending hope campaign support | $5,000 |
| City of Tama | Safe routes network support | $5,000 |
| Greene Volunteer Fire Dept | Fire protection response support | $5,000 |
| Hawkeye Community College Foundation | Automation & robotics program support | $5,000 |
| Iowa College Foundation | General operating support | $5,000 |
| Leader Valley | Leader in me program support | $5,000 |
| People Community Health Clinic Inc | Capital campaign support | $5,000 |
| The Iowa Center | Women's business center support | $5,000 |
| Northeast Iowa Food Bank | Feeding communities project support | $3,500 |
| Adel Classical Academy | General operating support | $3,000 |
| American Cancer Society | Russell & ann gerdin american cancer society hope lodge support | $3,000 |
| Cedar Valley Catholic School | General operating support | $3,000 |
| Des Moines Area Religious Council | Food pantry support | $3,000 |
| Grand View Christian School | General operating support | $3,000 |
| Grundy Center High School | General operating support | $3,000 |
| Junior Achievement of Eastern Iowa Inc | Dream, believe, achieve: youth economic education programs support | $3,000 |
| St James Lutheran Church | Raise the roof project support | $3,000 |
| Tori's Angels | General operating support | $3,000 |
| Boys & Girls Club of Central Iowa | Power hour support | $2,500 |
| Boys & Girls Club of the Cedar Valley | Stem stars program support | $2,500 |
| City of Reinbeck | Aquatic center new bathhouse support | $2,500 |
| Greater Des Moines Habitat for Humanity | Home preservation: adel "rock the block" support | $2,500 |
| Grundy County Heritage Foundation | Pioneer trail support | $2,500 |
| Hospice of Central Iowa | General operating support | $2,500 |
| Lutheran Services in Iowa Inc | Early childhood support for butler, grundy, and tama counties | $2,500 |
| Northwest Elementary PTO | Ada playground expansion support | $2,500 |
| Polk County Housing Trust Fund | Navigating housing together project support | $2,500 |
| Project Iowa | Cultivating careers project support | $2,500 |
| Try Pie | Teen financial literacy tools support | $2,500 |
| SLC6A1 Connect | General operating support | $2,400 |
| Cedar Falls Iowa Historical Society | A home for our history support | $2,000 |
| Children and Families of Iowa | General operating support | $2,000 |
Officers and trustees
- Sally Hollis
- David Deeds
- Michael Peterson
- W Scott Bush
- Kenneth Furst
- Dennis Presnall
- Gerald Beechum
- Shara Chang
- Sean Willett
- Spencer Cohn
Questions people ask
Does LSB Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: Applications are reviewed as received on a quarterly basis. All times are specified on the grant.
How much does LSB Foundation give?
$238,759 in tax year 2024, across 130 grants, with a typical grant of $1,000.
Who runs LSB Foundation?
Its 2024 filing lists Sally Hollis (Chairperson), David Deeds (Vice Chairperson), Michael Peterson (Secretary) and W Scott Bush (Trustee) among 10 officers and trustees.
What does LSB Foundation fund?
Based on its grants, mainly education, youth programs and faith communities.