Mission
IOWA FIRST FUND WAS ORGANIZED FOR THE PURPOSE OF EDUCATING AND INFORMING IOWA VOTERS ABOUT LIMITED GOVERNMENT AND EXPANDING ECONOMIC OPPORTUNITY.
Public Charity
IOWA FIRST FUND
IOWA FIRST FUND is a Public Charity headquartered in West Des Moines, IA. Financial data from the 2025 filing: $477K revenue, $178K expenses, $1.3M total assets. 16 publicly reported grants to this organization, totaling roughly $637K, appear in IRS filings.
EIN: 842210613
West Des Moines, IA
Latest filing: 2025
Total Revenue$477K
Total Expenses$178K
Total Assets$1.3M
Grant Records16
Funding Total$637K
Filing Years2019–2025
Where $100 goes at Iowa First Fund
How Iowa First Fund divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$99
Programs
the work itself
$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $99 for programs
$99
Providing education and information for iowa voters about limited government and expanding economic opportunity
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
ADVOCACY ON ECONOMIC ISSUES
$50,000
GENERAL PROGRAM SUPPORT
$25,000
GENERAL SUPPORT
$100,000
DONATIONS
$15,000
CONDUCT RESEARCH AND EDUCATE THE PUBLIC
$50,000
Showing up to 5 of 16 total records — full history available with membership.
Officers & Directors
SECRETARY
Benjamin Klimesh
PRESIDENT AND TREASURER
W Charles Smithson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $477K | $178K | $1.3M |
| 2024 | $639K | $537K | $994K |
| 2023 | $365K | $121K | $892K |
| 2022 | $722K | $336K | $649K |
| 2019 | $187K | $6K | $181K |
Between 2019 and 2025, reported annual revenue grew from $187K to $477K (+155%), with total assets most recently reported at $1.3M.
Interactive year-over-year charts and full filing details available with membership.