Lsb Foundation
Historical FunderReinbeck, Iowa · EIN 20-1653464 · Private foundation
Grants paid (2024)$239K
Organizations funded130
Typical grant$1,000
Total assets$86K
Half of its grants to organizations were between $500 and $2,500.
From the return
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2024):
| Contact | ASHLEY UNGS |
|---|---|
| Address | 242 TOWER PARK DRIVE, WATERLOO IA 50701 |
| Phone | 3192331900 |
| Form and materials | 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 |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
8% of grants went outside Iowa.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Uni Foundation | Cedar Falls, IA | Financial literacy fund support | $10,000 |
| Cedar Falls Housing Trust Fund | Waterloo, IA | General operating support | $7,500 |
| Central Rivers Aea Foundation | Cedar Falls, IA | Leadership in learning project support | $7,298 |
| Scholarship America | Reinbeck, IA | G-R (gladbrook-reinbeck) dollars for scholars support | $7,164 |
| Scholarship America | Reinbeck, IA | G-R (gladbrook-reinbeck) dollars for scholars support | $5,657 |
| Americans for Independent Living | Waterloo, IA | New moving truck capital campaign support | $5,000 |
| Cedar Falls Community Schools Foundation | Cedar Falls, IA | Jump in for a new pool support | $5,000 |
| Chic Behavioral Health and Community Services | Ankeny, IA | Chic girls support | $5,000 |
| Christian Community Development Dba House of Hope | Waterloo, IA | Extending hope campaign support | $5,000 |
| City of Tama | Tama, IA | Safe routes network support | $5,000 |
| Greene Volunteer Fire Dept | Greene, IA | Fire protection response support | $5,000 |
| Hawkeye Community College Foundation | Waterloo, IA | Automation & robotics program support | $5,000 |
| Iowa College Foundation | Des Moines, IA | General operating support | $5,000 |
| Leader Valley | Waterloo, IA | Leader in me program support | $5,000 |
| People Community Health Clinic Inc | Waterloo, IA | Capital campaign support | $5,000 |
| The Iowa Center | Des Moines, IA | Women's business center support | $5,000 |
| Northeast Iowa Food Bank | Waterloo, IA | Feeding communities project support | $3,500 |
| Adel Classical Academy | Adel, IA | General operating support | $3,000 |
| American Cancer Society | Chicago, IL | Russell & ann gerdin american cancer society hope lodge support | $3,000 |
| Cedar Valley Catholic School | Waterloo, IA | General operating support | $3,000 |
| Des Moines Area Religious Council | Des Moines, IA | Food pantry support | $3,000 |
| Grand View Christian School | Des Moines, IA | General operating support | $3,000 |
| Grundy Center High School | Grundy Center, IA | General operating support | $3,000 |
| Junior Achievement of Eastern Iowa Inc | Waterloo, IA | Dream, believe, achieve: youth economic education programs support | $3,000 |
| St James Lutheran Church | Johnston, IA | Raise the roof project support | $3,000 |
| Tori's Angels | Panora, IA | General operating support | $3,000 |
| Boys & Girls Club of Central Iowa | Des Moines, IA | Power hour support | $2,500 |
| Boys & Girls Club of the Cedar Valley | Waterloo, IA | STEM stars program support | $2,500 |
| City of Reinbeck | Reinbeck, IA | Aquatic center new bathhouse support | $2,500 |
| Greater Des Moines Habitat for Humanity | Des Moines, IA | Home preservation: adel "rock the block" support | $2,500 |
| Grundy County Heritage Foundation | Morrison, IA | Pioneer trail support | $2,500 |
| Hospice of Central Iowa | Des Moines, IA | General operating support | $2,500 |
| Lutheran Services in Iowa Inc | Waterloo, IA | Early childhood support for butler, grundy, and tama counties | $2,500 |
| Northwest Elementary PTO | Ankeny, IA | Ada playground expansion support | $2,500 |
| Polk County Housing Trust Fund | Des Moines, IA | Navigating housing together project support | $2,500 |
| Project Iowa | Des Moines, IA | Cultivating careers project support | $2,500 |
| Try Pie | Waterloo, IA | Teen financial literacy tools support | $2,500 |
| Slc6a1 Connect | Frisco, TX | General operating support | $2,400 |
| Cedar Falls Iowa Historical Society | Cedar Falls, IA | A home for our history support | $2,000 |
| Children and Families of Iowa | Des Moines, IA | General operating support | $2,000 |
| Children's Cancer Connection | Des Moines, IA | Programs & outings support | $2,000 |
| City of Aplington | Aplington, IA | Support for the pool | $2,000 |
| I Believe Leadership and Sports Academy | Waterloo, IA | Empoyering men summit support | $2,000 |
| Junior Achievement of Central Iowa | Des Moines, IA | Stock market challenge support | $2,000 |
| North Butler High School Scholarship Foundation | Des Moines, IA | Dollars for scholars support - annual scholarship gift | $2,000 |
| One City United | Waterloo, IA | Momentum urban employment program support | $2,000 |
| Scholarship America | Reinbeck, IA | G-R (gladbrook-reinbeck) dollars for scholars - scholarship | $2,000 |
| South Tama Music Boosters | Tama, IA | General operating support | $2,000 |
| Sparkwheel | Lawrence, KS | Integrated support for waterloo schools | $2,000 |
| Trustees of Grinnell College | Grinnell, IA | Storytime art in the park support | $2,000 |
| City of Waterloo | Waterloo, IA | Waterloo leisure services commission | $1,500 |
| Des Moines Art Center | Des Moines, IA | Community access program support | $1,500 |
| Dorothy's House | Des Moines, IA | Crisis care for sex trafficking and exploitation survivors program support | $1,500 |
| Hawkeye Community College Foundation | Waterloo, IA | Family literacy project support | $1,500 |
| Iowa Heartland Habitat for Humanity | Waterloo, IA | Church row neighborhood revitalization support | $1,500 |
| Iowa International Center | Des Moines, IA | Free 24/7 emergency interpretation hotline support | $1,500 |
| Northeast Iowa Food Bank | Waterloo, IA | General operating support | $1,500 |
| Sleep in Heavenly Peace Inc | Adel, IA | Community build day support | $1,500 |
| Wreaths Across America Dba Friends of the Iowa Veterans Cemetery | Adel, IA | Program support | $1,500 |
| Pella Community Food Shelf | Pella, IA | General operating support | $1,440 |
Showing the 60 largest of 130 grants to organizations.
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $238,759 | 130 |
| 2023 | $231,546 | 139 |
| 2022 | $273,730 | 153 |
Sources
- IRS Form 990-PF, tax year 2024, filed Jun 15, 2026 - IRS e-file batch, object ID 202621669349100452
- IRS Tax Exempt Organization Search for EIN 20-1653464
- Profile updated Nov 4, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.