2022 Iowa West Foundation Annual Report

2022IowaWestFoundation

ANNUAL REPORT

MessagefromCEO BrendaMainwaring

Iowa West Foundation learned a lot in 2022. Through Imagine Hours, we learnedhowmuchweallloveourhometowns,andwelearnedwhatyou thinkcouldmakeourcommunitiesevenbetter.Wecondensedyourideas intofourprinciples.

First,weallwanttobeincludedandappreciated.

Second, we want to have our basic needs met and also to be free fromfinancialworry

Third, we want everyone to have access to “on-ramps” that lead to personalachievements

Andfourth,wewantamenitiesthatallowustothrive,notjustsurvive.

In 2023 and beyond, Iowa West Foundation is committed to achieving outcomes that support these principles; Belonging, Financial Stability, Opportunity, and Wellbeing. Together, we will build communities where familieslovetoliveandbusinessesthrive

BrendaMainwaring

BrendaMainwaring President&CEO

Mission

• Catalyze creativity and collaboration

• Empower partners for community success

• Foster leadership that reflects the community

• Support people-focused outcomes

NewVision Q1 Highlights

TheBoardofDirectorsbegan theyear-longprocesswitha lookbackandanactive listeningcampaign.The primaryshiftsinthevision statementincluded changingcommunityto communitiesandchanging "wanttolive"to"lovetolive."

IowaWestFoundation Named"Unbelievable Workplace"

Forthesecondconsecutive year,IWFwasrecognizedas an"UnbelievableWorkplace" bytheCouncilBluffs ChamberofCommerce.

Highlights

ParksandPlaygrounds

Thespringseasonsawtwo newparks/playgroundsfor familiesinCouncilBluffs, withBelles'PlayGardenat theRiver'sEdgeandthe CharlesE.LakinYMCA campusdowntown. Bothweresupportedwith $250,000and$200,000 grants,respectively.

ImagineHours

Thecommunity-wide listeningsessionsresultedin thousandsofideasand meaningfulinsightintowhat makesacommunityagreat placetolive.Guidedbythe input,theboardofdirectors craftedanewstrategicvision thatincludespeople-focused outcomesofBelonging, FinancialStability, OpportunityandWell-Being.

TheGrantsProcess Q3

RailroadDays Highlights

Atime-honoredtradition,Railroad DayscontinuedinCouncilBluffs, thankstolocalhistoricmuseums andsitesinthecommunitywith thehelpofthe UnionPacific MuseumAssociationanda supportinggrantof$19,000.

SAVEthedateforRailroadDays 2023:Saturday,Sept.23rd

AletterofInquiry(thefirststepinthe grantapplicationprocess)canbe submittedanytimethroughoutthe year.Alettermustbereceivedtwo weeksbeforetheapplication deadlinesonthe15thofJanuary,May, andSeptembertobeconsideredfor thatgrantcycle.Workshopstohelp withthegrantapplicationprocessare heldthemonthbeforetheduedate. Thegrantsteamhittheroadthis summerandconductedaworkshopin ruralPottawattamieCounty.Signup forIWF'snewsletterforinformationon futureworkshops.

BLinkWi-Fi

Theendoftheyearwas acauseforcelebration, withtheeighthandfinal phaseofaccesstofree BLinkWi-FiforCouncil BluffsCommunity SchoolDistrictstudents (andresidents).Nextup fortheConsortium serviceisaccessfor LewisCentralSchool Districtfamilies.

WomenofColor LeadershipProgram

MeettheinauguralWomenof Colorleadershipprogram graduatesunderwrittenbyIowa WestFoundation.Elevennewand returningparticipantswillhave accesstoindividualized mentoringandcoachingto continuetogrowtheirskills.The programbeginsinMarch2023.

Capacity Building

Empoweringourpartners isanintegralpartofthe mission.LastDecember, over40nonprofit representativesattended "Storytelling101."A workshoponhowto effectivelysharetheir storywiththecommunity.

Audited Financials

Let’s conclude the fiscal year of2022bynumbers

ASSETS LIABILITIES

$3,682,936cash &cashequivalents

$459,485,476total investments

$68,659,743in otherassets

$16,859,662ingrants& initiatedprojectspayable $19,348,815in long-termdebt

$2,356,935in otherliabilities

Total: $531,828, 155

Hellos

Inthepastyear,IowaWest Foundationwelcomednine newmemberstotheteam. (clockwisefromtopleft)

MichelleWodtkeFranks (ProgramOfficer)

RodJames (BoardMember)

TimMitchell (AdvisoryCommittee)

JoaniePoore (BoardMember)

StaceyGoodman (ProgramOfficer)

DeniseMcNitt (BoardMember)

ElizabethHunter (AdvisoryCommittee)

TravisCastle (BoardMember)

&MiaSilvaLaustrup (AdvisoryCommitteeCenter)

Goodbyes

In2022,wecelebratedtheretirement oflong-timestaffmemberDeb Debbaut(topleft),whoservedasa programofficerfor26years.Wealso thankedourboardmemberswhose termscametoanendfortheiryearsof service:CyndiHume(topmiddle),Phil Reed(topright)andSusanMiller (bottomleft).Advisorycommittee membersToriChristie(bottommiddle) andPaulaHazlewood(bottomright) alsowererecognizedfortheirmany yearsofservice.