WATERLOO COMMUNITY SCHOOLS FOUNDATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: WATERLOO COMMUNITY SCHOOLS FOUNDATION (EIN 42-1364293)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2023-02-22
IRS object ID: 202330539349300013
Schema version: 2021v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-02-22T08:33:17-06:00	ReturnTs
Tax Period End	2022-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	411431613	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BERGANKDV LTD	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 2100	AddressLine1Txt
City	WATERLOO	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	507042100	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	421364293	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WATERLOO COMMUNITY SCHOOLS FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	WATE	BusinessNameControlTxt
Phone	3199399550	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	201 TOWER PARK DRIVE 106	AddressLine1Txt
City	WATERLOO	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	50701	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KALOLA ROBY	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	3199399550	PhoneNum
Signature	2023-02-21	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	KALOLA	PersonFirstNm
Person Last	ROBY	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BRIAN ARONSON CPA	PreparerPersonNm
PTIN	P01425251	PTIN
Phone	3192346885	PhoneNum
Preparation	2023-02-21	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-03-07 01:45:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	HANNAH LUCE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	201 TOWER PARK DRIVE 106	AddressLine1Txt
City	WATERLOO	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	50701	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$640,046	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.WCSFOUNDATION.ORG/	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1989	FormationYr
Legal Domicile State	IA	LegalDomicileStateCd
Activity Or Mission	SERVING AS A CATALYST FOR EDUCATIONAL EXCELLENCE AND PRIDE IN THE WATERLOO SCHOOL DISTRICT.	ActivityOrMissionDesc
Voting Members Governing Body	17	VotingMembersGoverningBodyCnt
Voting Members Independent	17	VotingMembersIndependentCnt
Total Employee	3	TotalEmployeeCnt
Total Volunteers	48	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$616,715	PYContributionsGrantsAmt
CY Contributions Grants	$448,770	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$2,946	PYInvestmentIncomeAmt
CY Investment Income	$37,138	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	-$3,421	CYOtherRevenueAmt
PY Total Revenue	$619,661	PYTotalRevenueAmt
CY Total Revenue	$482,487	CYTotalRevenueAmt
PY Grants And Similar Paid	$213,117	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$394,974	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$81,757	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$78,366	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$67,793	CYTotalFundraisingExpenseAmt
PY Other Expenses	$22,029	PYOtherExpensesAmt
CY Other Expenses	$30,019	CYOtherExpensesAmt
PY Total Expenses	$316,903	PYTotalExpensesAmt
CY Total Expenses	$503,359	CYTotalExpensesAmt
PY Revenues Less Expenses	$302,758	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$20,872	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,125,441	TotalAssetsBOYAmt
Total Assets EOY	$1,202,339	TotalAssetsEOYAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$240,000	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,125,441	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$962,339	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	TO FUND, INSPIRE AND PROMOTE EDUCATIONAL OPPORTUNITIES FOR ALL IN THE WATERLOO SCHOOLS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$404,257	ExpenseAmt
Grant	$394,974	GrantAmt
Revenue	$0	RevenueAmt
Desc	THE WATERLOO COMMUNITY SCHOOLS FOUNDATION RAISES FUNDS WHICH ARE USED TO ENCOURAGE AND PROMOTE THE IMPROVEMENT OF THE QUALITY OF EDUCATION WITHIN THE WATERLOO COMMUNITY SCHOOL DISTRICT. THE WATERLOO COMMUNITY SCHOOLS FOUNDATION PROVIDES (1) A MECHANISM FOR CONTRIBUTIONS TO BE ALLOCATED TO WORTHWHILE CHARITABLE AND EDUCATIONAL PROGRAMS AND FACILITIES; (2) A VEHICLE FOR SOLICITATION, ACCUMULATION, INVESTMENT, OTHER MANAGEMENT, AND DISTRIBUTION OF SUCH RESOURCES FOR IDENTIFIED NEEDS AND PURPOSES; AND (3) AN INCREASE IN COMMUNITY INVOLVEMENT WITH AND SUPPORT FOR THE WATERLOO COMMUNITY SCHOOL DISTRICT BY ENGOURAGING OPEN COMMUNICATION BETWEEN THE COMMUNITY AND THE DISTRICT ON MATTERS OF MUTUAL CONCERN, AND BY INCREASING COMMUNITY CONFIDENCE IN THE WATERLOO COMMUNITY SCHOOL DISTRICT. GRANTS WERE PAID TO THE WATERLOO COMMUNITY SCHOOL DISTRICT AND 62 STUDENTS AS WELL AS TO THE UNIVERSITY OF NORTHERN IOWA FOUNDATION FOR THE TEACH WATERLOO PROGRAM THAT SUPPORTS WATERLOO STAFF OF COLOR SEEKING A TEACHING CERTIFICATION.	Desc
Total Program Service Expenses	$404,257	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	Yes (1)	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	3	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
DAF Excess Business Holdings	0	DAFExcessBusinessHoldingsInd
Taxable Distributions	0	TaxableDistributionsInd
Distribution To Donor	0	DistributionToDonorInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	17	GoverningBodyVotingMembersCnt
Independent Voting Member	17	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE ORGANIZATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3199399550	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	201 TOWER PARK DR	AddressLine1Txt
City	WATERLOO	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	50701	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
HANNAH LUCE
EXECUTIVE DIRECTOR	40.00	Yes (X)	$36,825	$0	$3,233
KALOLA ROBY
PRESIDENT	1.00	Yes (X)	$0	$0	$0	Yes (X)
KRISTIN STANFORD
PAST PRESIDENT	0.50	Yes (X)	$0	$0	$0	Yes (X)
KATE REICHERTS
VICE PRESIDENT	1.00	Yes (X)	$0	$0	$0	Yes (X)
ANN RICHTER
TREASURER	1.00	Yes (X)	$0	$0	$0	Yes (X)
JAY KOWEIL
SECRETARY	1.00	Yes (X)	$0	$0	$0	Yes (X)
RHONDA MCRINA
DIRECTOR	0.50		$0	$0	$0	Yes (X)
ADIJAN ABDIC
DIRECTOR	0.50		$0	$0	$0	Yes (X)
JOHN BERRY
DIRECTOR	0.50		$0	$0	$0	Yes (X)
ANNA CAUGHRON
DIRECTOR	0.50		$0	$0	$0	Yes (X)
RENEE CHRISTOFFER
DIRECTOR	0.50		$0	$0	$0	Yes (X)
LORI JOHNSON
DIRECTOR	0.50		$0	$0	$0	Yes (X)
TIFFINI KIELER
DIRECTOR	0.50		$0	$0	$0	Yes (X)
BERNICE RICHARD
DIRECTOR	0.50		$0	$0	$0	Yes (X)
CHUCK SHIREY
DIRECTOR	0.50		$0	$0	$0	Yes (X)
MIKE WALDEN
DIRECTOR	0.50		$0	$0	$0	Yes (X)
SHANTE WALLICAN-NESBIT
DIRECTOR	0.50		$0	$0	$0	Yes (X)
CHRIS WENDLAND
DIRECTOR	0.50		$0	$0	$0	Yes (X)
SHAWNA BUCKLEY
FORMER DIRECTOR	0.50		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$36,825	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$3,233	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Fundraising	$11,302	FundraisingAmt
All Other Contributions	$437,468	AllOtherContributionsAmt
Total Contributions	$448,770	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$29,066	TotalRevenueColumnAmt
Exclusion	$29,066	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$160,808	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$152,736	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$8,072	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,072	TotalRevenueColumnAmt
Exclusion	$8,072	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$1,402	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$11,302	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$4,823	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$3,421	TotalRevenueColumnAmt
Exclusion	-$3,421	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$482,487	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$33,717	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$385,856	TotalAmt
Program Services	$385,856	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$9,118	TotalAmt
Program Services	$9,118	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$64,523	TotalAmt
Program Services	$6,452	ProgramServicesAmt
Management And General	$12,905	ManagementAndGeneralAmt
Fundraising	$45,166	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$8,636	TotalAmt
Program Services	$864	ProgramServicesAmt
Fundraising	$7,772	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$5,207	TotalAmt
Program Services	$521	ProgramServicesAmt
Management And General	$1,041	ManagementAndGeneralAmt
Fundraising	$3,645	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$9,227	TotalAmt
Management And General	$9,227	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$1,984	TotalAmt
Management And General	$1,984	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$276	TotalAmt
Management And General	$276	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,092	TotalAmt
Fundraising	$1,092	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,354	TotalAmt
Program Services	$535	ProgramServicesAmt
Management And General	$1,071	ManagementAndGeneralAmt
Fundraising	$3,748	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$7,605	TotalAmt
Program Services	$761	ProgramServicesAmt
Management And General	$1,521	ManagementAndGeneralAmt
Fundraising	$5,323	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$698	TotalAmt
Management And General	$698	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$729	TotalAmt
Management And General	$729	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,557	TotalAmt
Management And General	$1,557	ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,497	TotalAmt
Program Services	$150	ProgramServicesAmt
Management And General	$300	ManagementAndGeneralAmt
Fundraising	$1,047	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$503,359	TotalAmt
Program Services	$404,257	ProgramServicesAmt
Management And General	$31,309	ManagementAndGeneralAmt
Fundraising	$67,793	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$693,792	BOYAmt
EOY	$475,947	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$180,149	BOYAmt
EOY	$86,923	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,500	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$13,817	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$13,817	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
EOY	$639,469	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$250,000	BOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,125,441	BOYAmt
EOY	$1,202,339	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
EOY	$240,000	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$240,000	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$167,309	BOYAmt
EOY	$85,309	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$958,132	BOYAmt
EOY	$877,030	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,125,441	BOYAmt
EOY	$962,339	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,125,441	BOYAmt
EOY	$1,202,339	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$20,872	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$142,230	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$208,793	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$245,347	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$267,674	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$452,183	CurrentTaxYearMinus1YearAmt
Current Tax Year	$315,550	CurrentTaxYearAmt
Total	$1,489,547	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$208,793	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$245,347	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$267,674	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$452,183	CurrentTaxYearMinus1YearAmt
Current Tax Year	$315,550	CurrentTaxYearAmt
Total	$1,489,547	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$454,065	SubstantialContributorsTotAmt
Public Support Total170	$1,035,482	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$4,980	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,639	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,460	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,946	CurrentTaxYearMinus1YearAmt
Current Tax Year	$29,066	CurrentTaxYearAmt
Total	$43,091	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,050	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,900	CurrentTaxYearMinus3YearsAmt
Current Tax Year	$1,402	CurrentTaxYearAmt
Total	$5,352	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$1,537,990	TotalSupportAmt
Public Support CY170	0.67330	PublicSupportCY170Pct
Public Support PY170	0.69590	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:	FUNDRAISING INCOME - 2017 AMOUNT: $ 2,050. 2018 AMOUNT: $ 1,900. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 1,402.
SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:	DESCRIPTION: CASH DATE: 06/17/19 AMOUNT: 105917. DESCRIPTION: CASH DATE: 10/03/19 AMOUNT: 194083. DESCRIPTION: CASH DATE: 09/05/19 AMOUNT: 312814. DESCRIPTION: CASH DATE: 06/30/21 AMOUNT: 164532. DESCRIPTION: CASH DATE: 09/27/21 AMOUNT: 133220.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Donor Advised Funds Held	1	DonorAdvisedFundsHeldCnt
Donor Advised Funds Vl EOY	$0	DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg Ctrl	0	DisclosedOrgLegCtrlInd
Disclosed For Charitable Prps	0	DisclosedForCharitablePrpsInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$159,470	BeginningYearBalanceAmt
Investment Earnings Or Losses	-$849	InvestmentEarningsOrLossesAmt
Other Expenditures	$25	OtherExpendituresAmt
End Year Balance	$158,596	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$134,330	BeginningYearBalanceAmt
Contributions	$22,310	ContributionsAmt
Investment Earnings Or Losses	$2,830	InvestmentEarningsOrLossesAmt
End Year Balance	$159,470	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$131,816	BeginningYearBalanceAmt
Investment Earnings Or Losses	$2,514	InvestmentEarningsOrLossesAmt
End Year Balance	$134,330	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$129,954	BeginningYearBalanceAmt
Investment Earnings Or Losses	$2,482	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$620	GrantsOrScholarshipsAmt
End Year Balance	$131,816	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$123,567	BeginningYearBalanceAmt
Contributions	$5,000	ContributionsAmt
Investment Earnings Or Losses	$2,387	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$1,000	GrantsOrScholarshipsAmt
End Year Balance	$129,954	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.32400	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.00000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.67600	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (1)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$13,817	OtherCostOrOtherBasisAmt
Depreciation	$13,817	DepreciationAmt
Book Value	$0	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART V, LINE 4:	FormAndLineReferenceDesc
Explanation	THE USE OF THE ENDOWMENT FUNDS IS BASED ON THE WISHES OF THE DONOR (WITH DONOR RESTRICTIONS) OR THE BOARD (WITHOUT DONOR RESTRICTIONS).	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Purpose Of GrantPurposeOfGrantTxt
WATERLOO COMMUNITY SCHOOL DISTRICT
1516 WASHINGTON ST	WATERLOO	IA	50702	421364293	$81,006	$0	PURCHASE OF EDUCATIONAL EQUIPMENT AND STUDENT PROGRAM SUPPORT.
UNIVERSITY OF NORTHERN IOWA FOUNDATION
204 COMMONS	CEDAR FALLS	IA	50614	426058591	$300,000	$0	SUPPORT FOR TEACH WATERLOO PROGRAM

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	GRANTS ARE AWARDED TO STUDENTS FOR PROJECTS INCLUDING COMPETITIONS AND ACADEMIC TRAVEL WHICH PREPARES THEM FOR SUCCESS IN COLLEGE, CAREER AND CITIZENSHIP	GrantTypeTxt
Recipient	42	RecipientCnt
Cash Grant	$9,118	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	GRANTS ARE BASED ON SUBMITTED PROPOSALS TO THE FOUNDATION AND ARE COST REIMBURSEMENT BASED. GRANT AWARDS ARE ISSUED AFTER RECIPIENTS SUBMIT ACTUAL COSTS SUPPORTING THE REQUEST.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	A DRAFT COPY OF THE FORM 990 WAS REVIEWED BY THE TREASURER AND PRESIDENT. A FINAL COPY OF THE FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS.
FORM 990, PART VI, SECTION B, LINE 12C	BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. THE POLICY IS MONITORED BY REVIEWING THE SUBJECT MATTER AND, IF APPROPRIATE, THE BOARD MEMBER WILL REFRAIN FROM DISCUSSION AND ABSTAIN FROM VOTING. ALL BOARD AND EXECUTIVE COMMITTEE MEETING AGENDAS INCLUDE AN ITEM ADDRESSING CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15A	THE EXECUTIVE COMMITTEE DOES AN ANNUAL EVALUATION OF PERFORMANCE. FORMAL EVALUATIONS ARE PREPARED BY DESIGNATED INDIVIDUALS, INCLUDING THE EXECUTIVE DIRECTOR. SALARY AND BENEFITS ARE BASED UPON PERFORMANCE. COMPENSATION IS DETERMINED USING COMPENSATION OF OTHER SIMILAR FOUNDATIONS WITHIN THE COMMUNITY AND STATE OF IOWA. DOCUMENTATION OF THE REVIEW PROCESS IS INCLUDED IN THE EXECUTIVE DIRECTORS PERSONNEL FILE.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS , CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST