The Merchants Bonding
Company Foundation

2020 Annual Report

In 2008, the Merchants Bonding Company Foundation was formed in celebration of Merchants Bonding Company’s 75th anniversary in business. Since its inception, the Foundation has given $1,970,021.87 to improve our communities and enrich the lives of its residents.

2020 Foundation Highlights



Financial Gifts to 91 Organizations

Academy Prep Foundation

Accounting & Financial Women's Alliance Foundation

AGC of Iowa Foundation

AHeinz57 Pet Rescue & Transport

American Cancer Society

American Heart Association

Arizona State University Foundation

Arkansas Foodbank

Be The Match Foundation

Big Brothers Big Sisters of Central Iowa

Big Brothers Big Sisters of Central New Mexico

Big Brothers Big Sisters of Greater Kansas City

Black Lives Matter Help US

Bravo Greater Des Moines

Cedar Falls Schools Foundation

Children & Families of Iowa

Children's Cancer Connection

Community Foundation of Greater Des Moines

Courage League Sports

Cystic Fibrosis Foundation

Des Moines Area Community College

Des Moines Community Playhouse

Des Moines Metro Opera

Des Moines Performing Arts

Des Moines Public School Foundation

Des Moines Symphony

Des Moines Water Works Park Foundation

Easterseals Iowa

EveryStep Foundation

Family Cancer Network

Food Bank of Iowa

Forever Home Dog Rescue

Fort Worth Education/Julie Rowe Educational Fund

Gilda's Club of the Quad Cities

Girl Scouts of Greater Iowa

Give Grace Give Hope

Greater Des Moines Botanical Garden

Grimes Storehouse

Hanaeleh Horse Rescue

Hoag Charity Sports

Hope Ministries

Idaho Foodbank

IMA Foundation

International Fellowship of Christians & Jews

Iowa Center for Economic Success

Iowa College Foundation

Iowa County Fair

Iowa PBS Foundation

Iowa State Fair Blue Ribbon Foundation

Iowa State University Foundation

Kids in Need Foundation

Leukemia & Lymphoma Society

Madrid Bunch


Mary Bridge Children's Foundation

Meals from the Heartland

Melanoma Research Foundation

Mid-Iowa Council, Boy Scouts of America

Mission Haiti

Montana Food Bank Network

National Alliance on Mental Illness - Iowa

No Kid Hungry

North Texas Food Bank

Opportunity on Deck

Orchard Place

Oregon Food Bank

Partners 4 Global Health

Phi Gamma Delta Educational Foundation

Pinky Swear Foundation

Principal Charity Classic

Quad City Arts

Regional Food Bank of Oklahoma

Ronald McDonald House

Single Parent Provision

Special Olympics

St. Luke the Evangelist Catholic Church

Surety Foundation

TeamMates Foundation

The Jed Foundation

United Way

UnityPoint Health/Blank Children's Hospital

UnityPoint Hospice - Taylor House

University of Iowa Foundation

University of Texas

Variety - the Children's Charity

Waukee Area Christian Services

West Seattle Food Bank

Women's Barbell Classic

YMCA of Greater Des Moines

Youth Homes of Mid-America

Youth With A Mission San Diego/Baja

24 Matching Gifts Totaling $6,135

(58% increase in matching gifts over 2019)


The Foundation matches eligible associates’ donations of at least $25, up to $400 per year.

United Way Campaign

95 %

of campaign participants increased their pledges or were first-time donors

$ 56,025.65

campaign total

260.5 Service Hours to 20 Organizations

All eligible associates can take 7.5 hours of paid volunteer time off (VTO) each year to participate in community service activities of their choice. In addition, the Community Outreach Council (COC) hosts special service projects for associates throughout the year.

  • AHeinz57 Pet Rescue & Transport
  • Amanda The Panda
  • American Model United Nations
  • Children and Family Urban Movement
  • Court Appointed Special Advocates
  • Des Moines Christian School
  • Easterseals Iowa
  • EveryStep Care & Support Services
  • Habitat for Humanity
  • Kiya Koda Humane Society
  • Meals from the Heartland
  • Ruby for Good
  • Single Parent Provision
  • Soteria Des Moines
  • St. Vincent de Paul
  • United Way of Central Iowa
  • Variety – the Children’s Charity
  • Watch D.O.G.S
  • Waukee Area Christian Services
  • Woodland Cemetery Monument Restoration

Community Outreach Council

15 Associate Members

The Community Outreach Council (COC) is comprised of associate members who encourage and facilitate financial giving and volunteer efforts within our community.

82 Cookbooks Sold

The COC’s signature fundraiser featured a collection of more than 50 favorite recipes from associates.

$4,000 Raised for the Food Bank of Iowa

Food Bank of Iowa Check Presentation

Check Presentation

Addressing Food Insecurity

As food insecurity increased with the pandemic, the Foundation redirected fundraising efforts to food banks and organizations working in the fight against hunger.

$ 16,660

to food banks in 8 states

291 lbs

collected for the Food Bank of Iowa

Shining Star Award

"Michael’s dedication, leadership and willingness to help where it is needed in our community is unmatched."

- Kayli Becker, Development Director, American Heart Association

Contract Underwriter Michael Vigen was selected as Merchants Bonding Company’s 2020 Shining Star for his involvement with the American Heart Association (AHA). Michael dedicated his time to be a Heart Walk Coach in the AHA Young Professionals Group and started a team for CycleNation, an event held every October to raise awareness of AHA’s mission. As a Heart Walk Coach and team leader for CycleNation, he worked to motivate a team of individuals to spread the word about cardiovascular disease and stroke.

Shining Star Winner Michael Vigen
Shining Star Runner-Ups Jeanne Schulte and Hannah Burton

Commercial Underwriting Associate Jeanne Schulte and Commercial Underwriting Assistant Hannah Burton were both recognized as Shining Star runners-up. Jeanne was selected for her work making masks for Easterseals Iowa and Jeanne made hundreds of masks in 2020 and her responsiveness made a big difference for many. As a volunteer for Forever Home Dog Rescue, Hannah transports, fosters and finds homes for dogs who have limited time left in shelters or are having trouble getting adopted. With the need increasing during the pandemic, Hannah fostered eight dogs and worked to find them their forever homes.

Merchants’ annual Shining Star Award honors associates who are getting involved and giving back to their community. Nominations are reviewed and winners selected by Merchants’ Executive Committee.

Setting Our Sights on 2021

Vision to Learn Selected as 2021 Charity Beneficiary

vision-to-learn-logo variety-logo united-way-of-central-iowa-logo

The Merchants Bonding Company Foundation has selected Vision to Learn as its primary beneficiary for 2021. A partnership of United Way of Central Iowa and Variety – the Children’s Charity, Vision To Learn seeks to give every child a chance to succeed in school and in life by bringing mobile clinics and trained eye care professionals directly to schools and community organizations.

Funds raised by Merchants’ Community Outreach Council and the 2021 Bill Warner Sr. Memorial Charity Golf Classic* will go toward bringing eye care services and glasses directly to students who would not otherwise receive quality vision care.

*The biennial Bill Warner Sr. Memorial Charity Golf Classic was originally scheduled for September 2020 and rescheduled to September 2021 due to the pandemic.