The Iowa State Capitol

Form 990-PFTax year 2024EIN 42-6063935

Wolfe Cataract Foundation

A private foundation in Marshalltown, IA. Its return for tax year 2024 lists 10 grants and $72,706 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Dave Moench
305 E Church St
Marshalltown, IA 50158
(641) 754-6200
Form and materials
A written summary should be mailed to the foundation. The summary should include the name of the applicant and a description of how the grantee fits within the restrictions outlined on form 990-PF, part XV, line 2d. An entity applicant should also include proof of 501(c)(3) public charity status. An individual applicate should also include proof of financial hardship.
Deadlines
None
Restrictions
All entity grants are restricted to 501(c)(3) public charities that provide one or more of the following: 1. Educational materials to the general public concerning eye health care 2. Educational materials to physicians, surgeons and optometrists in all forms of diagnosis and treatment of cataract, glaucoma, and allied diseases 3. Aid and assistance to qualified individuals with impaired vision the foundation also provides direct aid and assistance to members of the general public with impaired vision that can demonstrate a significant financial hardship. All individual applicants are limited to those that can substantiate financial hardship.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $72,706

    Grants listed
    10
    Assets, end of year
    $494,402
  • Tax year 2023

    $95,213

    Grants listed
    12
    Assets, end of year
    $485,489
  • Tax year 2022

    $55,214

    Grants listed
    8
    Assets, end of year
    $514,050
  • Tax year 2021

    $40,385

    Grants listed
    7
    Assets, end of year
    $553,775
  • Tax year 2020

    $14,135

    Grants listed
    9
    Assets, end of year
    $553,002
  • Tax year 2019

    $27,782

    Grants listed
    7
    Assets, end of year
    $561,801
  • Tax year 2018

    $22,204

    Grants listed
    12
    Assets, end of year
    $576,799

Grants paid in 2024

10 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. State University of Iowa FoundationIowa City, IA

    Wolfe lecture foundation donation for equipment scholarships for university of iowa residents.

    $48,800
  2. Clinic InvestmentsCedar Rapids, IA

    Indigent patient care

    $4,563
  3. Metro Anesthesia & Pain ManagementWest Des Moines, IA

    Indingent patient care

    $3,937
  4. Mercyone Cedar Falls Medical CenterCedar Falls, IA

    Indigent patient care

    $3,578
  5. Prevent Blindness IowaDes Moines, IA

    Indingent patient care

    $3,500
  6. Linn County AnethesiologistHiawatha, IA

    Indigent patient care

    $2,919
  7. Mercy OneDes Moines, IA

    Indigent patient care

    $2,345
  8. The Ocular OctopusIowa City, IA

    Indigent patient care

    $1,750
  9. Make-A-WishUrbandale, IA

    Make a wish. Child's request to get prostitc eye

    $1,000
  10. Individual

    Indigent patient care

    $314

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $48,80093% of the total
  2. Health1 grant $3,5787% of the total

By State

Grants to organizations with a US address, latest year.

  1. Iowa9 grants $72,392

Officers, directors and trustees

7 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • John M GraetherPRESIDENT Hours 0.3Pay $0
  • James A DavisonVICE PRESIDENT Hours 0.3Pay $0
  • Peter RheeSECRETARY/TREASURER Hours 0.3Pay $0
  • David D SaggauBOARD MEMBER Hours 0.3Pay $0
  • Paul S BoekeBOARD MEMBER Hours 0.3Pay $0
  • Dave MoenchCEO STARTED NOV 2024 Hours 0.3Pay $0
  • Eric LotheCEO THRU OCT 2024 Hours 0.3Pay $0

The return

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