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Iowa · Nonprofit

WALDORF LUTHERAN COLLEGE FOUNDATION

WALDORF LUTHERAN COLLEGE FOUNDATION (Iowa) receives grants from 16 organizations whose IRS filings report $2,508,940 to it, the largest being JOHN K AND LUISE V HANSON FOUNDATION ($1,155,000). 11 of them have funded it in more than one year. WALDORF LUTHERAN COLLEGE FOUNDATION administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.

Revenue FY2025
$28M
Funders on record
16
Grants received
$2.5M
Net assets
$19M
11/16 repeat funders

Hosts funds for others

WALDORF LUTHERAN COLLEGE FOUNDATION administers funds on behalf of other donors. The grants recorded as coming in are contributions into those funds, so they count custody rather than support for a programWALDORF LUTHERAN COLLEGE FOUNDATION runs itself. This page therefore states the flows and does not draw the comparisons it would draw for an operating charity: concentration, funder retention, grant dependency and the peer field are all left out, because each of them would read a vehicle as if it were a program.

Paid out

$264k

Recipients

0

Contributions on record

$2.5M

Donors on record

15

Payments out are 0.10x the contributions on record, so the balance accumulates rather than passing straight through.

01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($1.2M) Expenses 100 ($273k) Net assets 100 ($3.9M)2018 Revenue 58 ($700k) Expenses 126 ($346k) Net assets 108 ($4.3M)2019 Revenue 62 ($744k) Expenses 132 ($362k) Net assets 116 ($4.6M)2020 Revenue 30 ($366k) Expenses 58 ($159k) Net assets 122 ($4.8M)2021 Revenue 43 ($511k) Expenses 163 ($445k) Net assets 147 ($5.8M)2022 Revenue 109 ($1.3M) Expenses 167 ($456k) Net assets 152 ($6.0M)2023 Revenue 2088 ($25M) Expenses 8179 ($22M) Net assets 393 ($15M)2024 Revenue 2203 ($26M) Expenses 9196 ($25M) Net assets 441 ($17M)2025 Revenue 2346 ($28M) Expenses 9660 ($26M) Net assets 493 ($19M)
'17'18'19'20'21'22'23'24'25
Revenue (2346)Expenses (9660)Net assets (493)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $6.1M to $28M (+357%).

$3.9M
$4.3M
$4.6M
$4.8M
$5.8M
$6.1M
$28M
$28M
$27M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$928k
’17
$355k
’18
$382k
’19
$207k
’20
$66k
’21
$854k
’22
$2.7M
’23
$1.3M
’24
$1.8M
’25
0.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Robert Alsop

CEO

Board chair

Dr David Weber

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed999989181818
Joined·+0+0+0+0+1+9+0+10
No longer listed·000100010
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 8 funders, grant income rose $11k → $963k.

8 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 38% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of WALDORF LUTHERAN COLLEGE FOUNDATION’s funders (the co-funder graph). Top 15 of 16 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

96% of WALDORF LUTHERAN COLLEGE FOUNDATION's grant income comes from Iowa funders.

NY
IA
CO
NC
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Iowa out of state home

Funder states come from each funder’s own filing. $943k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field
04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

25% of spending goes to programs.

Program 25%Management 75%Fundraising 0%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for WALDORF LUTHERAN COLLEGE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WALDORF LUTHERAN COLLEGE FOUNDATION?
WALDORF LUTHERAN COLLEGE FOUNDATION (Iowa) receives grants from 16 organizations whose IRS filings report $2,508,940 to it, the largest being JOHN K AND LUISE V HANSON FOUNDATION ($1,155,000). 11 of them have funded it in more than one year. WALDORF LUTHERAN COLLEGE FOUNDATION administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
How many funders does WALDORF LUTHERAN COLLEGE FOUNDATION have?
IRS filings report 16 organizations giving $2,508,940 in grants to WALDORF LUTHERAN COLLEGE FOUNDATION, 11 of which have funded it in more than one year.
Who is the largest funder of WALDORF LUTHERAN COLLEGE FOUNDATION?
JOHN K AND LUISE V HANSON FOUNDATION is the largest funder on record, with $1,155,000 in grants. The full list of funders is on this page.
How can an organization like WALDORF LUTHERAN COLLEGE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 16 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing