NonprofitsIowa Motor Carriers Foundation

Iowa Motor Carriers Foundation

DES MOINES, IA

Total revenue

$1.3M

Total expenses

$189K

Net assets

$6.6M

Grants received

$956K

11 grants

EIN

421287250

Tax year

2023

Mission

To engage exclusively in charitable, educational and scientific purposes. This is accomplished by the presentation of lectures, seminars, discussions, and similar endeavors relating to the transportation industry; conduct technical studies, either directly or by grant, and to provide for the publication thereof; grant scholarships to individuals; and testing in scientific research in the public interest.

Financials

FY 2023

Revenue

Contributions & grants$1.1M
Program service revenue
Investment income$267K
Other revenue$12
Total revenue$1.3M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$189K
Total expenses$189K
Total assets$6.9M
Net assets$6.6M

People

9 listed

NameRoleCompensation

BRAD KOHLWES

Director

Board

1 hrs/wk

JUSTIN PHILIPP

Director

Board

1 hrs/wk

JACK SAWYER

Director

Board

1 hrs/wk

ADRIAN DICKEY

Director

Board

1 hrs/wk

STEVE SCHUSTER

Chairman

Board

1 hrs/wk

DAVE VAN WYK

Director

Board

1 hrs/wk

DELWIN VAN WYK

Director

Board

1 hrs/wk

JACKIE JOHNSRUD

Director

Board

1 hrs/wk

JEFF WANGSNESS

Director

Board

1 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$250K
General Operations
2024
$68K
GRANT DISTRIBUTION
2024
$33K
GRANT DISTRIBUTION
2024
$100K
PUBLIC, SOCIETAL BENEFIT
2023
$62K
GRANT DISTRIBUTION
2023
$78K
GRANT DISTRIBUTION
2022
$250K
General Operating
2020
$30K
GRANT DISTRIBUTION
2020
$10K
PUBLIC, SOCIETAL BENEFIT
2019
$50K
ADVANCE THE TRUCKING INDUSTRY IN IOWA THROUGH SCHOLARSHIPS, RESEARCH, IMAGE CAMPAIGNS AND INVESTMENT IN IMTA HEADQUARTERS
2018

Funded by

$956K from 5 funders · 11 grants · 2018–2024

John Ruan Foundation Trust

$500K · 2 grants · 2020–2024

Community Fdn Of Greater Des Moines

$271K · 5 grants · 2020–2024

Donor Advised Charitable Giving Inc

$110K · 2 grants · 2019–2023

Arlan J Van Wyk Family

$50K · 1 grant · 2018

Details

EIN421287250
Subsection03
Ruling date1987-12
Formed1986
Employees0
Volunteers25
IOWA MOTOR CARRIERS FOUNDATION — Mission, Financials & Grants Received | Grantivo