A YEAR OF GROWTH & PROGRESS.
In 2023, your generosity fueled our greatest annual impact to date! Throughout the year, we gave $338,407 to organizations both big and small who are making a lasting difference in Waterloo. It’s clear that it takes all of us working together to address our community’s needs and we consider it a privilege to partner with local organizations in their work.
We hope you’ll enjoy the inspiring stories in the pages that follow!
Erin Tink,
Executive Director
As the Board President, I am encouraged by the collective impact your generosity has in Waterloo both today and for generations to come. In 2023, we added 18 new Funds and crossed a major milestone with $4.12 million in assets under management. In partnership with you, we are proud to be a part of shaping the future of Waterloo.
Thank you for investing in the city we love!
Sam Holden,
Board President
OUR MISSION.
We love our city and are excited about the future of Waterloo.
Established in 2015, we exist to focus on the ever-changing needs of our community and invest in its progress. Here at the Waterloo Community Foundation, we are celebrating our city’s many strengths and continuing to see its potential. We have noticed that the opportunities we have continue to be as diverse as the people who live here. Our commitment is to stay engaged with the work of our local nonprofits and the needs of our neighbors so we can connect donors to the causes that matter.
Your generosity is funding creative projects and nonprofits that make our community a better place to live!
2023 IMPACT.
Your donations are creating a much-needed impact in our city. We are proud of the work being done and know there is still a lot to accomplish! We have ambitious goals of growing our assets under management to $5 million and distributing $500,000 back into our community annually by the end of this year. As we move into the future, we are excited to continue building upon Waterloo’s strengths and potential with your generous support.
EMPOWERING OTHERS.
We are proud to partner with programs like Empowering Men that are building bridges in our community.
The Empowering Men program is an adult basketball league seeking to build positive connection with African American men ages 18-35. Each week, teams play structured basketball games together at the Cedar Valley Sportsplex and use it as a recruiting tool to attract young men to participate. However, Empowering Men founder Anthony Thomas says, “It’s about more than basketball”. After each game, players take part in educational workshops on topics like financial literacy, healthy relationships, conflict resolution, and employment.
Neighbors from various backgrounds, professions, and ethnicities are participating in the program together and building bridges within the community. Leaders serve as mentors and encourage participants to give back to their community by investing in the lives of young people as well.
“Empowering Men gives participants the opportunity and platform to express their feelings. This program has broken down certain barriers and has created a safe space for our African American men to come together and provide support each week.” – Anthony Thomas
LEAVING A LEGACY.
Tyler Greene was known as a friend to all and remembered for his outgoing, warm demeanor. Tyler was born with cerebral palsy and other disabilities, which he fully embraced. He spent his life sharing the message that what someone can do is much more important than what they cannot do – a message he coined “Ability Awareness”.
After Tyler passed away in 2021, his parents Paul and Gina Greene wanted to honor his legacy and continue his advocacy work. They opened three funds with the Waterloo Community Foundation to continue Tyler’s message and work – Tyler Greene Donor Advised Fund, Tyler Greene Scholarship Fund, and I’m Tyler Fiscal Sponsorship Fund.
The Greenes contemplated managing the funds themselves, but, ultimately, decided to partner with the Waterloo Community Foundation so they could focus on the impact, rather than the paperwork and legal requirements. Through the funds they have supported high school senior scholarships, UNI College of Education scholarships, inclusion speakers in the Cedar Valley, inclusion-related performances at the Gallagher Bluedorn Performing Arts Center, an endowment for an inclusion promoting organization, and the ImTyler.org website. While thinking about their next opportunities, Paul says, “The sky is the limit for future good works.”
COMMUNITY IMPACT.
Your generosity is fueling progress in Waterloo! We awarded $50,000 to nonprofit organizations serving Waterloo through our competitive grant process. These programs are benefiting Waterloo in one of four areas: education, health and human services, arts and culture and economic development.
Arts & Culture
Grout Museum
Sensory Friendly and Special Needs Programming
Education
Empowering Men
Empowering Men Summit
Payne Memorial AME Church
The Learn Hub
Economic Development
One City United
To Work Program
Health & Human Services
Allen College
ACE-SAP Free Clinic
Lutheran Services in Iowa
Immigrant & Refugee Community Services Expansion
Black Hawk County Public Health
Waterloo Community Gardens
Hospitality House
Bathroom Renovation
Jesse Cosby Center
Fan and Heat Relief Program
YOUR INVESTMENT MATTERS.
Establish a fund
We are eager to listen and help you set up a fund according to your own unique and creative interests. We currently manage various fund types, including donor-advised funds that allow you to support the causes you care about.
Give to a fund
You can give to any fund already established with the Waterloo Community Foundation, including our Waterloo Community Foundation Fund that allows our Board to meet the most immediate needs of our community. Donors who give to one of our permanently endowed funds are qualified to receive a 25% state tax credit for their gift through the Endow Iowa State Tax Program.
Planned Giving
Leaving a planned gift can be as simple as including us in your will or revocable trust, or by naming the Waterloo Community Foundation as a beneficiary of your IRA, retirement plan, or life insurance policy. No minimum amount or percentage is required.
2024 BOARD OF DIRECTORS.
We are governed by a 15-member board of directors. Board members must live in Waterloo or have a strong professional, civic or historical connection to Waterloo.
Sam Holden, President
Steve Carignan, Vice President
John Richter, Treasurer
Jane Lindaman, Secretary
Bev Smith, Board Representative
Lance Vanderloo, Past President
Mike Broshar
Bob Hellman
Rachael Hoffman
Lori Johnson
Krystal Madlock
Christa Miehe
Chuck Rowe
Dodie Young
Founding Members
Stacey Bentley
Geof Grimes
Tim Hurley
Theresa Hoffman
Wilfred Johnson
Jim Lind
Kent McCausland
Kathy McCoy
Troy Smith
Joe Vich
Jim Walsh
Dan Watters
Mike Young
Rick Young
FUNDING THE FUTURE OF WATERLOO.
New funds in 2023
Community Funds
Jim and Marge Polacek Family Fund
Designated Funds
Royal Legacy Christian Academy Endowment Fund
Steve and Margo Grimm Designated Fund
Waterloo Veteran’s Memorial Hall Fund
Willie Mae Wright Entrepreneurial Grant Designated Fund
Donor Advised Funds
Accessing Cancer Treatment (ACT) Fund
Carignan Family Fund
Chuck and Alice Shirey Family Fund
Dr. Jane Lorene Rohlf Fund
Geof and Vicki Grimes Family Fund
Sean and Shanlee McNally Family Fund
Field of Interest Funds
Robert and Margaret Bradford Fund
The Bette W Fund
Waterloo Disaster Recovery Fund
Fiscal Sponsorships
I’m Tyler Fund
Refugee and Immigrant Youth Organization (RIYO)
Waterloo African American Historical Resource Development Project
Scholarship Funds
EEA 227 Young Pilot Scholarship Fund
Wanda Martinez Scholarship Fund