LSB Foundation

Non-profit organizations help our communities thrive, and Lincoln Savings Bank takes part in charitable giving to 501C (3) organization through the LSB Foundation.

If your charitable organization is seeking grant opportunities in one of the communities we do business in, submit a form as instructed below.

NEW*- LSB Foundation will provide support to organizations assisting in the response and recovery efforts of the COVID-19 (coronavirus) pandemic. The intent is to be responsive to nonprofits that are providing basic need services and organizations working with individuals and families who have been disproportionately impacted by the consequences of the coronavirus pandemic. 

Eligibility to Apply

Organizations must meet the following criteria in order to apply for a grant:

  • Be classified as a 501(c)(3) nonprofit organization or government entity.
  • Be current with all state and federal reporting requirements.
In addition to the eligibility requirements, the following restrictions also apply:
  • Inherently religious activities such as religious worship, instruction, or proselytization or activities that promote specific religious doctrine are not eligible.
  • Requests for partisan political or lobbying activities are not eligible. 
  • Operation requests from other foundations are not eligible.

Funding Preferences and Priorities

The initial funding priorities will be as outlined:
  1. Organizations providing basic need services to communities already vulnerable before the pandemic, or who are disproportionately affected by the pandemic and the impact of the resulting public health measures on finances and service availability. 
  2. Organizations providing any services to such vulnerable or disproportionately affected populations as described above.
How to Apply

Applicants interested in seeking grants from the LSB Foundation should fully review these grant guidelines prior to submitting an application to ensure all eligibility requirements are met. The application can be accessed here and is designed to be completed quickly without a lot of work. Applications must be mailed to the address below.

LSB Foundation
Lincoln Savings Bank Trust Department
Attn: Joan Rice
242 Tower Park Drive
Waterloo, Iowa 50701
Phone: (319) 233-1900

About the LSB Foundation

The LSB Foundation was established in 2005 for the purpose of supporting LSB’s charitable giving tradition in the communities we serve. LSB’s philanthropic philosophy has been an integral part of the company culture since our founding more than 100 years ago. The LSB Foundation demonstrates LSB’s commitment to our core value of Building Strong Communities.

In 2008, the LSB Foundation established disaster funds for victims of the May 25th tornado and spring floods that affected thousands of Iowans. Funds were collected and distributed to the communities and individuals affected. All administrative fees associated with the management and distribution of the collected funds were waived by the LSB Foundation. The Foundation was grateful to have been a part of this effort and was moved by the generosity of the individuals and businesses that made contributions.

"The Cedar Bend Humane Society has been a customer of Lincoln Savings Bank for 20 years plus.  LSB has met all our needs from a viable growing business to understanding the needs of a non-profit organization.  They have backed us and have supported our organization through grant dollars awarded through the LSB Foundation Charitable Giving.  They have also supported us through sponsorships for our most vital fundraising events. Their staff is outstanding and very supportive. They understand our efforts to provide the best service we can for the community and they understand our need to fulfill our mission and to meet our goals."

Karla Beckman, Cedar Bend Humane Society Co-Director

How to Benefit From LSB Foundation Grants

Are you a 501(c)(3) operating in one of the communities served by Lincoln Savings Bank or LSB Financial interested in applying for a Grant from the LSB Foundation? We are happy to consider any Grant Application Proposals that include the following (all are required for consideration):
  • Grant Application Form (include this form on the top of each proposal copy)
  • Cover Letter
  • Grant Proposal (amount requested, background and mission of the organization, purpose of funding, desired outcomes and how measured)
  • Budget(s) (for project or program for which you are seeking funds)
  • Board List
Please send complete Grant Application Proposals to:
(Grant Application Proposals submitted via fax or e-mail are not accepted. Please do not send videos.)
LSB Foundation
Lincoln Savings Bank Trust Department
Attn: Joan Rice
242 Tower Park Drive
Waterloo, Iowa 50701
Phone: (319) 233-1900

Grant requests will be reviewed quarterly. Grant applications for 2020 need to be received at the above address by:

  • May 11, 2020
  • August 10, 2020
  • November 9, 2020

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